Redemption Units definition

Redemption Units has the meaning set forth in Section 6.17(a) of this Agreement.
Redemption Units means any Class A Common Units issued to the holders of New PIK Notes in connection with a New PIK Notes Redemption.
Redemption Units has the meaning given such term in Section 11.1(a).

Examples of Redemption Units in a sentence

  • The Holder shall execute the certificate of transfer on the back of the certificate or certificates representing the Redemption Units.

  • The Trust may also lend securities to a potential investor wishing to place an order to create Creation/ Redemption Units if the potential investor is an eligible counterparty (see below).

  • As a practical matter, only securities dealers or other large investors purchase or redeem Creation/ Redemption Units, most smaller investors will buy and sell Units on the Stock Exchange.

  • Thereupon, the Redemption Price of such Redemption Units shall be payable to the order of the Person whose name appears on such certificate or certificates as the owner thereof, and each surrendered certificate shall be cancelled.

  • Units may only be redeemed in Redemption Units (or multiples thereof).


More Definitions of Redemption Units

Redemption Units means Common Units issuable upon redemption of any of the Class D Preferred Units.
Redemption Units means a number of AmeriGas Common Units equal to the number derived by dividing (a) the Redemption Cash Consideration by (b) the Issue Price, rounded to the nearest whole AmeriGas Common Unit.
Redemption Units has the meaning ascribed thereto in the Performance Unit Plan;
Redemption Units means any Common Trust Units or Preferred Trust Units to be redeemed pursuant to the Declaration of Trust;
Redemption Units means the CEQP Units to be issued to Holdings Member pursuant to Sections 3.05, 4.06(b), 4.06(c), 4.06(d), 4.06(e) or 4.06(f) of the Company Agreement.”
Redemption Units means the total number of Class C Units to be redeemed on the relevant Redemption Date, which will be calculated by dividing the Available Cash by the Redemption Price.
Redemption Units means the CMLP Units to be issued to any EFS Member pursuant to (i) Section 4.04(b) of the Company Agreement, (ii) Section 4.04(d)(ii)(A) of the Company Agreement or (iii) Section 4.04(d)(iii) of the Company Agreement.