REIT Unitholder definition

REIT Unitholder means a holder of a REIT Unit or REIT Units.
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REIT Unitholder means a holder of REIT Units;
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Examples of REIT Unitholder in a sentence

  • Generally, the REIT Units will be considered to be capital property to a REIT Unitholder provided that the REIT Unitholder does not hold the REIT Units in the course of carrying on a business and has not acquired them in a transaction considered to be an adventure in the nature of trade.

  • Once a REIT Unitholder has advised his, her or its CDS Participant that such REIT Unitholder wishes to participate in the Plan, such REIT Unitholder’s participation generally continues automatically unless terminated in accordance with the terms of the Plan or unless participation becomes unlawful under the laws governing the REIT.

  • The Trustees shall deduct or withhold from distributions payable to any REIT Unitholder amounts required by law to be deducted or withheld from such REIT Unitholder’s distributions.

  • If any REIT Units are beneficially held by a non-resident of Canada, such REIT Unitholder is not eligible to participate in the Plan.

  • If a participation notice is received after the deadline, the current distribution will be paid to the REIT Unitholder in cash.

  • The CDS Participant must, on behalf of the REIT Unitholder, provide a participation notice to CDS of the REIT Unitholder’s participation in the Plan no later than 4:00 p.m. (Toronto time) on the Distribution Record Date or such other deadline as may be established by CDS from time to time.

  • As PV and distributed resources are allowed to play a deliberate role in grid stability and interaction, the modeling complexities will increase.

  • Such CDS Participant shall make no further election to CDS on behalf of such REIT Unitholder in respect of further distributions.

  • Upon ceasing to be a resident of Canada, a REIT Unitholder shall forthwith notify his, her or its CDS Participant, who shall immediately terminate such REIT Unitholder's participation in the Plan.

  • The provisions of this paragraph shall enure to the benefit of the heirs, successors, assigns and personal representatives of the trustees, managers, officers or Employees of the REIT, any registered or beneficial REIT Unitholder, any Deferred Unitholders and any annuitants.

Related to REIT Unitholder

  • Common Unitholder means a Member who is the registered holder of Common Units.

  • LTIP Unitholder means a Partner that holds LTIP Units.

  • Unitholder means a person holding units in the scheme of the Mutual Fund.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of the Act.

  • Unit Holder means a person holding units in the scheme of the Mutual Fund.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Investor Limited Partner means any Limited Partner so designated at the time of its admission as a partner of the Partnership.

  • Unitholders means the holders of Units.

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • Limited Partner means, prior to the admission of the first Additional Limited Partner to the Partnership, the Initial Limited Partner, and thereafter any Person named as a Limited Partner in Exhibit A, as such Exhibit may be amended from time to time, upon the execution and delivery by such Person of an additional limited partner signature page, or any Substituted Limited Partner or Additional Limited Partner, in such Person’s capacity as a Limited Partner of the Partnership.

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.

  • General Partner Interest means a Partnership Interest held by the General Partner, in its capacity as general partner. A General Partner Interest may be expressed as a number of Partnership Units.

  • 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.

  • Limited Partner Interest means a Partnership Interest of a Limited Partner in the Partnership representing a fractional part of the Partnership Interests of all Limited Partners and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement. A Limited Partner Interest may be expressed as a number of Partnership Common Units, Partnership Preferred Units or other Partnership Units.

  • Class B Membership Interest means a Class B Membership Interest in Holdings.

  • Unit Holders means all Unit Holders.

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

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

  • Class B Stockholder means (i) the registered holder of a share of Class B Common Stock at the Effective Time and (ii) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the Effective Time.

  • 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.

  • Deemed Partnership Interest Value means, as of any date with respect to any class of Partnership Interests, the Deemed Value of the Partnership Interests of such class multiplied by the applicable Partner's Percentage Interest of such class.

  • Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.

  • General Partner means the Company or its successors as general partner of the Partnership.

  • REIT means a real estate investment trust under Sections 856 through 860 of the Code.