REIT Unit definition

REIT Unit means a unit of beneficial interest in the Centurion Apartment REIT (other than a Special Voting Unit and the Initial Unit) authorized and issued hereunder as such and for the time being outstanding and includes a fraction of a unit and any other classes of units authorized by the Trustees as such.

REIT Unit means a trust unit of the REIT (other than a Special Voting Unit) authorized and issued under the REIT Deed of Trust for the time being outstanding and entitled to the benefits and subject to the limitations set forth therein;

REIT Unit means a unit of beneficial interest in Boardwalk REIT (other than a Special Voting Unit) authorized and issued under the Declaration of Trust;

Examples of REIT Unit in a sentence

• The plan was drafted following a call for public engagement through a series of public consultation measures between August and September 2016.

• On July 18, 2017, the REIT issued 6,735,500 REIT Units (including REIT Units issued pursuant to the exercise in full of the over-allotment option granted by the REIT to the underwriters of the offering) at a price of $12.85 per REIT Unit to a syndicate of underwriters on a bought deal basis for net cash proceeds to the REIT of approximately $82,612 (the “July 2017 Offering”) (inclusive of underwriters’ fees and issuance costs of $3,940).

• In addition, the REIT completed a concurrent private placement, issuing 1,357,475 REIT Units to Alberta Investment Management Corporation and affiliates (“AIMCo”) on a non-brokered private placement basis at a purchase price of $11.05 per REIT Unit for additional net proceeds to the REIT of approximately $14,868 (the “Concurrent Private Placement”).

• On July 25, 2016, the REIT issued 814,485 REIT Units at a price of $11.05 per REIT Unit to the syndicate of underwriters of the July 2016 Offering, pursuant to their exercise in full of their over- allotment option, for net proceeds of approximately $8,571 (together with the July 2016 Base Offering, the “July 2016 Offering”).

• ESR-LOGOS REIT's free float of S$2.5 billion is computed based on 4,951 million free float units multiplied by an issue price of S$0.510 per ESR-LOGOS REIT Unit.

More Definitions of REIT Unit

REIT Unit means the trust units of Granite REIT.

REIT Unit is defined in the Arrangement Agreement.

REIT Unit means a unit representing an interest in the Trust (other than a Special Voting Unit) authorized and issued hereunder and having the characteristics and properties set out in Section 6.2;

REIT Unit means a unit of Granite REIT;

REIT Unit means a trust unit of Extendicare REIT; “RFP” means a request for proposal;

REIT Unit means a trust unit of the REIT (other than a Special Voting Unit) issued pursuant to the REIT Declaration of Trust and having the attributes described therein.

REIT Unit means a unit of the REIT, including any unit of the REIT into which a unit of the REIT may be subdivided, consolidated, reclassified or changed.