Class B Units means the Class B Units of the Company.
Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.
OP Units means units of limited partnership interest in the Operating Partnership.
Partnership Units or “Units” has the meaning provided in the Partnership Agreement.
Membership Units means the limited liability company interests in the Company held by the Members, expressed as a number of units held by each Member and set forth opposite such Member's name on Schedule I attached hereto, as amended, modified or supplemented from time to time.
LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.
Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.
LTIP Units means LTIP Units, as such term is defined in the Partnership Agreement.
Initial Common Units means the Common Units sold in the Initial Offering.
Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.
Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.
Restricted Units has the meaning set forth in the recitals to this Award Agreement.
Common Units is defined in the Partnership Agreement.
Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.
Class A LP Units means the Class A limited partnership units of the Partnership.
Unvested Units means those Units listed as unvested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.
General Partner Units has the meaning assigned to such term in the Partnership Agreement.
Covered Units means: (i) during the period of the Employee’s employment with the Corporation, each business unit of the Corporation; and (ii) following the Employment Termination Date, each business unit of the Corporation in or for which the Employee was employed or to which the Employee provided services or about which the Employee obtained or had access to Confidential Information, in each case of this clause (ii) at any time within the twenty-four (24)-month period prior to the Employment Termination Date. The Employee acknowledges and agrees that if the Employee is or was employed at a segment level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of such segment; and if the Employee is or was employed at the corporate/headquarters level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of the Corporation.
Class B Membership Interest means a Class B Membership Interest in Holdings.
Core Units means such Units of the Trust that are issued to Core Investors with the condition that these are not redeemable for a period of two years from the close of the First Offer Period. Such Units are transferable with this condition, but otherwise shall rank pari passu with all other Units, save for this restriction. Any transfer of the Core Units, during the first two years of their issue as mentioned herein, shall be affected only on the receipt by the Registrar of a written acceptance of this condition by the transferee.
Age-restricted unit means a housing unit designed to meet the needs of, and exclusively for, the residents of an age-restricted segment of the population such that: 1) all the residents of the development wherein the unit is situated are 62 years of age or older; or 2) at least 80 percent of the units are occupied by one person who is 55 years of age or older; or 3) the development has been designated by the Secretary of the U.S. Department of Housing and Urban Development as “housing for older persons” as defined in Section 807(b)(2) of the Fair Housing Act, 42 U.S.C. § 3607.
Company Units has the meaning set forth in the Recitals.
GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.
Co-op Shares Shares issued by private non-profit housing corporations.
Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.
LLC Units has the meaning set forth in the LLC Agreement.