Reinvestment Units definition

Reinvestment Units means those Phantom Units granted in accordance with Section 5(e) that have an aggregate value equal to the Distribution Amount attributable to such Participant on that Distribution Date, determined by dividing the Distribution Amount by the Unit Value on the Distribution Date.
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Reinvestment Units means Class C Units that are issued to the holders of Class C Units in lieu of regular cash distributions pursuant to the Declaration of Trust;
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Examples of Reinvestment Units in a sentence

  • Any Units purchased by Members via the Reinvestment Option shall be considered, for purposes of any Redemption requests, to “tag along” with the original date of purchase of the Units for which the Reinvestment Units are associated.

  • Any Units purchased by Members via the Reinvestment Option shall be considered, for purposes of any Redemption requests, to “tag-along” with the original date of purchase of the Units for which the Reinvestment Units are associated.

  • On any Distribution Date, a Participant shall be deemed to have been granted the Reinvestment Units attributable to his or her Outstanding Phantom Units.

  • The Reinvestment Units attributable to RUs shall be deemed to be RUs and the Reinvestment Units attributable to PUs shall be deemed to be PUs. Reinvestment Units shall have the same Vesting Date and performance requirements as the Phantom Units from which they derive.

  • Any Eligible Unitholder that is a “wholesale client” under section 761G of the Australian Corporations Act warrants and undertakes that it will not acquire any Reinvestment Units for the purpose of selling or transferring them to a “retail” person within Australia within 12 months of the issue of those units.

  • All Reinvestment Units shall, from the date of their issue, rank pari passu with all other fully paid units.

  • All Reinvestment Units allotted to a Unitholder will be recorded on GMT’s register.

  • In some cases it may be necessary to ask a carer or support worker.

  • At the time the price of the Reinvestment Units is set in accordance with Rule 10, the Manager will ensure that it has no information that is not publicly available that would, or would be likely to, have a material adverse effect on the price of the units if it were publicly available.

  • Redemption of Dividend Reinvestment Units (Fractional Units)(a) Investors who wish to exit the Scheme completely and wish to have Redemption proceeds for the Dividend reinvestment Units to be allotted butnot yet credited to their demat account should tick the box, ‘Yes’, in section 8 of the Application Form.(b) The Scheme declares daily Dividend and the same is compulsorily reinvested in the Scheme on daily basis.

Related to Reinvestment Units

  • 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.

  • A Shares means any securities issued by companies incorporated in Mainland China which are listed and traded on Mainland China A Share markets (Shanghai and Shenzhen) and not on the SEHK.

  • Class A Common Units means the Company's Class A Common Units.

  • Class B Units means the Class B Units of the Company.

  • Class A Shares means the Class A ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class A Shares, and having the rights provided for in these Articles.

  • Class A Common Shares means the Class A Convertible Voting Common Shares of the Company, par value $1.00 per share.

  • Class B Shares means the Class B ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class B Shares, and having the rights provided for in these Articles.

  • Common Units is defined in the Partnership Agreement.

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