Preference Unit Holder definition

Preference Unit Holder has the meaning given in the Unit Holders Deed.

Preference Unit Holder has the meaning given in the Unit Holders Deed. Price Sensitive Information means any information which a Party is under a contractual or other obligation (including an equitable obligation of confidence) not to disclose.

Preference Unit Holder has the meaning given in the Unit Holders Deed. Price Sensitive Information means any information which Aurizon Network is under a contractual or other obligation (including an equitable obligation of confidence) not to disclose.

Examples of Preference Unit Holder in a sentence

• Any repayment of Unit Holder Loans under this Deed must be made pro rata to each Preference Unit Holder, in the proportion that the total Paid Up Amounts on that Preference Unit Holder’s Preference Units bears to the aggregate Paid Up Amounts of all Preference Units then on issue.

• A Party provides a Bank Guarantee as security for the due and proper performance of that Party’s obligations as a Preference Unit Holder to pay Call Amounts, and any other amounts payable by that Party as a Preference Unit Holder under the Trust Deed or this Deed.

• Within seven Business Days after the start of each Month referred to in clause 5.1(a), the Trustee must give to each Preference Unit Holder a Call Statement for that Month and include in the Call Statement a Loan Call for the amount of the Loan Contribution for the Preference Unit Holder for that Month.

• Each Preference Unit Holder must pay all Loan Contributions in accordance with the applicable Call Statement issued to it despite the existence of any Dispute.

• Each Preference Unit Holder must promptly advise Aurizon Network which of the nominees it approves to be the Tax Expert.

• Subject to clause 14.4, each Preference Unit Holder is entitled, as at each Distribution Calculation Date, to a share of the Preference Income for the Distribution Period that ends on that Distribution Calculation Date, pro rata in the proportion that the total Paid Up Amounts on that Unit Holder’s Units bears to the aggregate Paid Up Amounts of all Preference Units on issue.

• If the Trustee sells a Preference Unit Holder’s Units in accordance with clause 7.6, then clause 11.1 applies to the sale of such Preference Units as if the sale of the Preference Units by the Trustee was a transfer of such Preference Units by the Preference Unit Holder.

• Aurizon Network’s liability to a Preference Unit Holder in respect of a Claim arising out of, or in any way related to, a Transaction Document, other than this Deed or the Trust Deed, is limited to $1.00.

• A Preference Unit Holder provides a Construction Agreement Guarantee for the purposes of the Construction Agreement and the Parties acknowledge that Aurizon Network may make recourse to the Construction Agreement Guarantee as provided for in the Construction Agreement.

• The Trustee must, subject to Aurizon Network’s rights of recourse to each Construction Agreement Guarantee as provided for under the Construction Agreement (as acknowledged in clause 9.8), return each Construction Agreement Guarantee to the Preference Unit Holder which provided it ten Business Days after the date on which such Construction Agreement Guarantee is returned to it by Aurizon Network.

More Definitions of Preference Unit Holder

Preference Unit Holder means a person recorded on the Register as a holder of Preference Units (including persons jointly registered). Redemption Price of a Unit means the price calculated in accordance with clause 11.2.

Preference Unit Holder means a person recorded on the Register as a holder of Preference Units (including persons jointly registered).

Preference Unit Holder has the meaning given to that term in the Unit Holders Deed; pre-funding payment means the amount payable by the Principal for feasibility and other work undertaken by the Contractor in respect of the Works prior to the date of this Contract, being the amount stated in Item 7A; pre-termination work has the meaning in subclause 39B(a); preliminary design means the documents stated in Item 11; prescribed notice has the meaning in subclause 40.1;

Preference Unit Holder has the meaning given in the Unit Holders Deed. Rail Corridor Land means any land that is leased pursuant to the Land Lease. Rail Land means any land on, above or under which Extension Infrastructure is located.

Preference Unit Holder means any person who from time to time is registered in the Register as the holder of a Preference Unit or Preference Units, including persons jointly registered, notwithstanding that any such person may not be in existence or may not come within this definition at the date of this Deed. Preference Unit Holder Representative has the meaning given in Pre-Funding Payment has the meaning given to "pre-funding payment" in the Construction Agreement.