Receipt Units definition

Receipt Units means those Units represented by Instalment Receipts and offered to the public pursuant to the Offering;
Receipt Units. ’ means Units represented by Instalment Receipts.
Receipt Units has the meaning given in clause 8.3(d)(i). Redemption Price has the meaning given in clause 2.2(d). Register has the meaning given in the Trust Deed.

Examples of Receipt Units in a sentence

  • PSQ (via a wholly owned subsidiary) is currently undertaking a private placement of up to $6 million of Subscription Receipt Units (the “Offering”) as referenced herein.

  • At the Property Closing (as defined in the Prospectus), the Trustees shall use a portion of the proceeds, net of expenses and the Underwriters’ Fee (as defined in the Prospectus), from the sale of Receipt Units pursuant to the Prospectus, to pay to Cominar, the cash portion of the purchase price for the Portfolio and the Assets.

  • Aris Transaction On February 4, 2021, upon satisfaction of certain escrow release conditions, the Aris Subscription Receipts were converted into Aris Subscription Receipt Units resulting in the issuance of an aggregate of 37,777,778 Common Shares and 37,777,778 2025 Warrants to holders of the Aris Subscription Receipts.

  • It was further assumed that the REIT will obtain a one-year loan for $33,200 at 6.2% per annum and secured by the REIT's entitlements under the pledge of the Receipt Units sold.

  • Following the satisfaction of certain escrow release conditions, on November 18, 2020, the Subscription Receipts were converted into Subscription Receipt Units resulting in the issuance of an aggregate of 83,066,000 Notes and 16,613,200 2025 Warrants to holders of the Subscription Receipts.

  • The Subscription Receipts and the Subscription Receipt Units have not been, and will not be, registered under the U.S. Securities Act or any U.S. state securities laws, and may not be offered or sold in the United States without registration under the U.S. Securities Act and all applicable state securities laws or compliance with the requirements of an applicable exemption therefrom.

  • It was assumed that 60% of the issue price of the Receipt Units issued will be paid in cash at Closing and 40% will be receivable after one year, without interest.

  • In order to derive the equation of information diffu- sion, how p(t) varies on time t is considered.−Robots change their state from N-Robot to I-Robot by obtaining the information.

  • Instalment Receipt interest income has been adjusted to reÖect that 60% of the issue price of the Receipt Units will be paid in cash at closing and 40% will be receivable after one year, without interest.

  • The Subscription Receipt Units will be issued upon satisfaction of certain escrow release conditions (the “Escrow Release Conditions”) including the satisfaction of each of the conditions precedent to the closing of the Alta Mesa Acquisition (other than the payment of the cash portion of the consideration in connection the Alta Mesa Acquisition).


More Definitions of Receipt Units

Related to Receipt Units

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

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • 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.

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

  • Common Units is defined in the Partnership Agreement.

  • Trust Units means units of the Trust;

  • Tendered Units shall have the meaning set forth in Section 8.6.A.

  • 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.

  • Depositary Shares means the depositary shares, each representing a 1/1,000th interest in one share of the Preferred Stock, evidenced by a Receipt.

  • OP Units means units of limited partnership interest in the Operating Partnership.

  • 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.

  • Option Units means the Common Units that the Partnership will agree to issue upon an exercise of the Over-Allotment Option.

  • Placement Units shall have the meaning given in the Recitals hereto.

  • ADSs means the rights and interests in the Deposited Property (as hereinafter defined) granted to the Holders and Beneficial Owners pursuant to the terms and conditions of the Deposit Agreement and, if issued as Certificated ADS(s) (as hereinafter defined), the ADR(s) issued to evidence such ADSs. ADS(s) may be issued under the terms of the Deposit Agreement in the form of (a) Certificated ADS(s) (as hereinafter defined), in which case the ADS(s) are evidenced by ADR(s), or (b) Uncertificated ADS(s) (as hereinafter defined), in which case the ADS(s) are not evidenced by ADR(s) but are reflected on the direct registration system maintained by the Depositary for such purposes under the terms of Section 2.13. Unless otherwise specified in the Deposit Agreement or in any ADR, or unless the context otherwise requires, any reference to ADS(s) shall include Certificated ADS(s) and Uncertificated ADS(s), individually or collectively, as the context may require. Each ADS shall represent the right to receive, and to exercise the beneficial ownership interests in, the number of Shares specified in the form of ADR attached hereto as Exhibit A (as amended from time to time) that are on deposit with the Depositary and/or the Custodian, subject, in each case, to the terms and conditions of the Deposit Agreement and the applicable ADR (if issued as a Certificated ADS), until there shall occur a distribution upon Deposited Securities referred to in Section 4.2 or a change in Deposited Securities referred to in Section 4.11 with respect to which additional ADSs are not issued, and thereafter each ADS shall represent the right to receive, and to exercise the beneficial ownership interests in, the applicable Deposited Property on deposit with the Depositary and the Custodian determined in accordance with the terms of such Sections, subject, in each case, to the terms and conditions of the Deposit Agreement and the applicable ADR (if issued as a Certificated ADS). In addition, the ADS(s)-to-Share(s) ratio is subject to amendment as provided in Articles IV and VI of the Deposit Agreement (which may give rise to Depositary fees).

  • Over-Allotment Units means the additional number of Private Units the Sponsor will be required to purchase in the event that the underwriters in the Company’s initial public offering exercise their over-allotment option, as described in the prospectus relating to the Company’s initial public offering.

  • Vested Units means those Units listed as vested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

  • 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.

  • Initial Common Units means the Common Units sold in the Initial Offering.

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

  • Private Placement Units shall have the meaning given in the Recitals hereto.

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

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

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

  • 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.

  • 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.