Replacement RSU means a restricted share unit that may be settled in cash or Purchaser Shares granted by the Purchaser in exchange for (i) New RSUs on the basis set forth in Section 3.2(n)(ix); and (ii) if applicable, Floating RSUs on the basis set forth in Section 3.2(n)(xii).

Replacement RSU has the meaning specified in Section 1.1 of the Plan of Arrangement.

Replacement RSU has the meaning ascribed thereto in subsection 2.2(vi);

Examples of Replacement RSU in a sentence

As soon as reasonably practicable following Closing, Parent will issue to each Transferred Employee who holds a Replacement RSU a document evidencing the foregoing replacement of such Seller RSUs with Parent RSUs.
Each Replacement RSU (except for Replacement RSUs issued in exchange for Retention RSUs in accordance with Section 1.8) will provide for acceleration on the terms and conditions set forth in Schedule 1.6. (B) All other Company RSUs will be cancelled at the Effective Time without payment of any consideration.
The number of units subject to a Replacement RSU will be determined by multiplying the number of units subject to the Company RSU immediately prior to the Effective Time by the Option Exchange Ratio, and rounding to the nearest whole unit.

More Definitions of Replacement RSU

Replacement RSU has the meaning set forth in Section 1.6(a)(iii).

Replacement RSU means a restricted share unit, including an income replacement share unit, as applicable, to acquire REIT Units granted by the REIT in replacement of RSUs pursuant to the Arrangement.

Replacement RSU has the meaning assigned to such term in the LTIP.

Replacement RSU has the meaning ascribed thereto in Section 3.1(1)(d); “Tax Act” means the Income Tax Act (Canada).