Retained Units definition

Retained Units means Closing Units retained by the Investor Member at the time of the Qualified IPO, the closing date of a Sale of the Company (immediately prior to the closing of the Sale of the Company) or the date specified for purposes of any calculation.

Retained Units has the meaning set forth in Section 3.1.

Retained Units means the IPCH/Inergy Partners Retained Units and the NRGY Retained Units.

Examples of Retained Units in a sentence

• Units granted under Article V may not be Transferred, except as provided in Section 5.8, and, during the lifetime of the Unit Recipient to whom it was awarded, cash and Stock receivable with respect to Retained Units may be received only by such Unit Recipient.

• The dollar amount of the portion of a Base Cash Award subject to a Deferral Election with respect to any Stock Retention Award shall be divided by the Fair Market Value of the Common Stock and the resulting number of Units (including fractions) shall be credited to a Participant's Retained Units Account.

• The law makes it clear that any person responsible for children and young people must be prepared for them to be less careful than adults.In order to meet these duties staff should follow these guidelines to ensure that they deliver safe engagement, activities and visits, with any participants, whether these are provided as a one-off or on a regular basis.

• As soon as practical following the conversion of a Base Cash Award to Retained Shares or Retained Units, the Company shall issue one Matching Share or credit one Matching Unit for each two Retained Shares or Units acquired (up to the limit of 50% of the Base Cash Award) (the "Restricted Shares" or "Restricted Units").

• The value of each of a Participant's Retained Units Account, Matching Units Account and Performance Share Units Account shall be accounted for separately.

More Definitions of Retained Units

Retained Units has the meaning provided in Recital 32(c) of this Agreement. The Retained Units are more specifically described in Exhibit H attached to this Agreement.

Retained Units means all issued and outstanding Units as of the Closing Date other than Purchased Units. “Rollover Sellers” has the meaning set forth in the introductory paragraph to this Agreement.

Retained Units shall have the meaning set forth in the Recitals.

Retained Units means the eighteen (18) outstanding units of Membership -------------- Interest of FFPE, LLC held by the Seller that are not subject to the Sale, which units represent eighteen percent (18%) of all of the outstanding units of Membership Interest.

Retained Units has the meaning given in Section 4(c) hereof.

Retained Units as defined in the recitals to this Agreement. SEC: the Securities and Exchange Commission. Securities Act: the Securities Act of 1933, as amended. Self Regulatory Organization: the New York Stock Exchange, Inc. and other self-regulatory organizations in the securities or commodities field, including, without limitation, the National Futures Association, the National Association of Securities Dealers, Inc. and NASD Regulation, Inc. Seller: as defined in the first paragraph of this Agreement.

Retained Units means a number of Common Units equal to the quotient of (a) the excess of the Agreed Seller Equity Value over the Cash Consideration, divided by (b) $10.00. For the avoidance of doubt, each individual Seller’s Retained Units shall be such Seller’s Pro Rata Share of the aggregate Retained Units.