Residual Units definition

Residual Units means the Class C Units and/or the Class D Units.
Residual Units means the Series M-R Units and the Series Z-R Units.
Residual Units has the meaning set forth in the Recitals of this Agreement.

Examples of Residual Units in a sentence

  • The FCT shall not be entitled to issue further Residual Units after the Closing Date.

  • In connection with the determination of the amount of distributions of Remaining Distributable Cash Flow with respect to the Residual Units in accordance with Section 3.5, Company shall record in its books and records and track the Additional Preferred Return Account.

  • Company shall distribute Remaining Distributable Cash Flow with respect to Residual Units as provided in this Section 3.5. “Remaining Distributable Cash Flow” with respect to any Fiscal Quarter or any Capital Event means the amount of Distributable Cash Flow for such Fiscal Quarter or Capital Event, less the amounts distributed pursuant to Section 3.4 with respect to such Fiscal Quarter or such Capital Event.

  • Subject to the terms of the Equity Commitment Agreement, the Backstop Parties shall purchase all, if any, Rights Offering Residual Units.

  • Accordingly, the Backstop Parties shall pay to the Rights Offering Agent, by wire transfer in immediately available funds on or before the Effective Date, Cash in an amount equal to the Subscription Purchase Price multiplied by the number of units of Rights Offering Residual Units.


More Definitions of Residual Units

Residual Units means, collectively, Earthbound I Class B Common Units, Earthbound I Class C Management Units, Earthbound I Class C-1 Management Units, and Bonus Points.
Residual Units is calculated by subtracting (i) the IPO Units and the General Partner Units from (ii) the Total Outstanding Units.
Residual Units means the residual units (parts résiduelles) issued by the FCT in accordance with the FCT Regulations.
Residual Units means all Units other than (i) Primary Units and (ii) Restricted Units.
Residual Units mean the Class B Units and the Capital Incentive Units.
Residual Units has the meaning set forth in Section 2.3(d).
Residual Units means the ten Units issued by the Trust to the Residual Unitholder pursuant to Section 3.1(b) of the Plan of Arrangement;