Receipt Units definition

Receipt Units means those Units represented by Instalment Receipts and offered to the public pursuant to the Offering;
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

  • 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.


More Definitions of Receipt Units

Receipt Units. ’ means Units represented by Instalment Receipts.

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 means the Common Shares comprising part of the Units;

  • Trust Units means units of the Trust;

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