Qualifying Units definition

Qualifying Units means those below market-rate units in a Density Bonus Project that entitle the applicant to a density bonus pursuant to Government Code Section 65915.

Qualifying Units means (i) Units issued upon initial formation of the Partnership which have been continuously held by a Unitholder or by a member of the Unitholder’s Family at least until the record date for the removal vote and (ii) Units which have been held by a Unitholder or by a member of the Unitholder’s Family for a period of not less than five (5) years as of the record date for the removal vote.

Qualifying Units means Common Units (used herein as such term is defined in the Partnership Agreement of SXE) with an issue price equal to either (i) if the Common Units of SXE are listed on a national stock exchange, 93% of the volume weighted average price of such Common Units for the twenty (20) day period immediately preceding the Investment Date or (ii) if the Common Units of SXE are not listed on a national stock exchange, the fair market value of such Common Units as reasonably agreed by SXE and Southcross Holdings and which do not constitute Disqualified Capital Stock.

Examples of Qualifying Units in a sentence

• EXTREMELY LOW-INCOME HOUSEHOLDS The maximum monthly rent (which includes the tenant-paid portion of the rent, the Utility Allowance, and rental assistance payment) charged by Developer for the zero (0) Qualifying Units occupied by Extremely Low-Income Households must be set at levels that are affordable to Extremely Low-Income Households and shall not exceed the thirty percent (30%) maximum-rent limits determined by HUD and published on an annual basis with adjustment for family size.

• All Qualifying Units occupied by Very Low Income Families must be rented at the Low HOME Rents as defined under 24 CFR §92.252, as may be amended or modified from time to time.

• All Qualifying Units set aside for Extremely Low Income Families must also satisfy 24 CFR §92.252.

• The maximum monthly rent charged by Development Owner for Qualifying Units occupied by Very Low and Extremely Low Income Families shall not exceed the limits determined by the applicable calculations required by HUD or the Department in accordance with 24 CFR §92.252(b) as may be amended or modified from time to time.

• First, due to changes in the CPS structure is not possible to match most of l994/l99†/l996 for confidentially reasons.

More Definitions of Qualifying Units

Qualifying Units means those below market-rate units in a Density Bonus Project that entitle the applicant to a density bonus pursuant to Government Code Section65915.

Qualifying Units means the 1,000,000 units of the Company issued on exercise or deemed exercise of the Special Warrants. Each Qualified Unit consists of one Unit Share and one-half of one Underlying Warrant;

Qualifying Units means the Class A Units and the Incentive Units held by the Xxxxxx Member.

Qualifying Units means (i) Units issued upon initial formation of the Partnership which have been continuously held by a Unitholder or by a member of the Unitholder's Family at least until the record date for the removal vote and (ii)

Qualifying Units. The term “Qualifying Units” means (a) limited liability company units issued by any of Renaissance Equity Holdings LLC, Gunki Holdings LLC, Berkshire Equity LLC or 50/53 JV LLC to the extent Exchangeable for shares of Common Stock and (b) units of equity interest issued by the Operating Partnership or any other entity controlled by the Operating Partnership that are Exchangeable for shares of Common Stock and that the Board of Directors has designated as Qualifying Units.

Qualifying Units means the sum of (i) the aggregate number of outstanding Class CO Units that are vested as of the applicable Determination Date, plus (ii) the aggregate number of outstanding Incentive Units that are Vested Units as of the applicable Determination Date. For avoidance of doubt, the Qualifying Units shall specifically exclude outstanding Class CG Units or outstanding Class CO Units or Incentive Units that are not vested as of the Determination Date and any Incentive Units that are then authorized under Section 3.2(a)(iii) of the Agreement but are not outstanding as of the applicable Determination Date.

Qualifying Units means any Multiple Dwelling Unit or Commercial Unit that is capable of being served by the Town’s Collection Contractor, under this bylaw, by virtue of being accessible to the collection vehicles and being able to dispose of refuse using the standard containers described in this Bylaw.