Property Units definition

Property Units means the units to be developed and constructed by the Licensee as part of the Project;
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Property Units means and refer to the number of Dwelling Units or Business Units which may be constructed on a certain defined Land Segment. Each Land Segment shall have such number of Property Units as may be assigned to it by Declarant, in writing, in accordance with the provisions of Article 5.3 of this Declaration.
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Property Units mean‟s the units to be developed and constructed by the Licensee as part of the Project;
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Examples of Property Units in a sentence

  • On the Mandatory Conversion Date, the Conversion Rate shall be determined by reference to the Applicable Market Value of the Exchange Property Units.

  • Following a Reorganization Event, references to the issuance of any specified number of shares of Common Stock upon the conversion of Series G Preferred Stock will be construed to be references to conversion into the same number of Exchange Property Units.

  • Shareholder agrees to make a cash payment in respect of any fractional Shares (or Exchange Property Units, if applicable) included in the Contract Shares on the Exchange Date, in an amount equal to the Then-Current Value of such fractional Shares (or Exchange Property Units, if applicable).

  • Likewise, there will be no adjustments of the Exchange Property Units for any sales of Shares or other Exchange Securities by Shareholder or any other shareholder of the Company or any third party partial tender offers for the Shares or other Exchange Securities (other than tender offers constituting a Reorganization Event).

  • There will be no adjustments of the Exchange Property Units for events other than those defined as Dilution Events or Reorganization Events or other adjustment events set forth in this Section 6.1. In particular, there will be no adjustment for any offerings by any issuer of Exchange Securities of its equity securities for cash or in connection with acquisitions, any self-tenders (other than self-tenders constituting a Reorganization Event) or repurchases by the issuer of its equity securities.

  • Neither the Trustee, the Collateral Agent nor any Note Agent shall be responsible for the delivery of any Conversion Consideration (including any Common Stock of the Company), Reference Property or Reference Property Units; it being understood that the Company shall be solely responsible for ensuring the delivery thereof and for complying with any Depositary Procedures in connection therewith.

  • The construction phase now often precedes the cadastral subdivision process.Multi-storage buildings for dwelling are rendered by the number of Real Property Units.

  • Following a Reorganization Event, references herein to the purchase or delivery of shares of Common Stock pursuant to Stock Purchase Contracts shall be construed to be references to the purchase or delivery of Reference Property, and references to the purchase or delivery of a specified number of shares of Common Stock upon settlement of the Stock Purchase Contracts shall be construed to be references to the purchase and delivery of the same number of Reference Property Units.

  • Upon the terms and subject to the conditions of this Agreement, Shareholder agrees to sell to Purchaser, and Purchaser agrees to purchase from Shareholder, the number of Shares (or the number of Exchange Property Units, if applicable) equal to the product of (x) the Applicable Percentage, (y) the Firm Trust Security Base Amount and (z) the Final Exchange Amount (“Contract Shares”).

  • Xxxxxxx, Xx., c/o Booth Creek Inc., 0000 Xxxxx Xxxxxxxx Xxxx Xxxx, Xxxxx 000, Xxxx, Xxxxxxxx 00000 (Fax No. 000-000-0000); Apollo Ski Partners, L.P., 0 Xxxxxxxxxxxxxx Xxxx, Xxxxxxxx, Xxx Xxxx, 00000 (Fax No. 000-000-0000).


More Definitions of Property Units

Property Units are defined in the Capital Maintenance Manual. A Property Unit Number consists of six digits. The first two digits represent the appropriate capital account (the first digit of capital accounts has been dropped for simplification). The next four identify a specific Property Unit within the capital account. Each Property Unit detail page contains the name of the unit, the Property Unit number, the capital account, a description of the Property Unit and its components, substantial items of property included in the Property Unit and the types of costs that should be charged to maintenance.
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Related to Property Units

  • Company Units has the meaning set forth in the Recitals.

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Partnership Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all partnership capital and interest in other partnerships), at any time owned or represented by any Partnership Interest.

  • Leasehold Interests means all of each Loan Party’s right, title and interest in and to, and as lessee of, the premises identified as leased Real Property on Schedule 4.4 hereto.

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.

  • Residential Units means individually or collectively (as the context requires), any or all residential apartment unit(s) in the Project.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

  • LLC Units has the meaning set forth in the LLC Agreement.

  • public units means the state or a political subdivision or instrumentality of the state including a county, school corporation, special district, drainage district, unincorporated town or township, municipality, or municipal corporation or any agency, board, or commission of the state or a political subdivision; any court or public body; an electric power agency; federal and state grant moneys of a quasi-public state entity under Iowa Code section 12C.1, subsection (2e), and this chapter. Public units additionally include, but are not limited to:

  • Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].

  • Redeemed Units has the meaning set forth in Section 11.01(a).

  • 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.

  • Estate in Real Property A fee simple estate in a parcel of land.

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;

  • Midstream Assets means (i) assets used primarily for gathering, transmission, storage, processing or treatment of natural gas, natural gas liquids or other hydrocarbons or carbon dioxide and (ii) equity interests of any Person that has no substantial assets other than assets referred to in clause (i).

  • Deemed Partnership Interest Value means, as of any date with respect to any class of Partnership Interests, the Deemed Value of the Partnership Interests of such class multiplied by the applicable Partner's Percentage Interest of such class.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • Property Owners association" or "association" means an incorporated or unincorporated entity upon

  • 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.

  • Common Units is defined in the Partnership Agreement.

  • 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.

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Company Interests has the meaning set forth in the Recitals.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Class A Common Units means a Common Unit which is designated as a “Class A Common Unit” and which has the rights, preferences and other privileges designated in Annex A hereto and elsewhere in this Agreement in respect of holders of Common Units.