Royalty Unitholders definition

Royalty Unitholders means the holders from time to time of one or more Royalty Units;
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Royalty Unitholders means the holders from time to time of the Royalty Units;
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Royalty Unitholders means the holders from time to time of one or more Royalty Units. “Trust Documents” means collectively, the Trust Indenture and the Trust Units.\
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Examples of Royalty Unitholders in a sentence

  • In this Agreement, where rights and obligations of Unitholders are involved, any references to the Trustee shall be deemed to be references to Computershare Trust Company of Canada acting on behalf of all Unitholders, on behalf of Trust Unitholders, or on behalf of Royalty Unitholders, as the case may be.

  • Any unitization or pooling equalization payments for Tangibles shall be the sole and exclusive property of the Grantor free and clear of any right or entitlement of the Royalty Unitholders.

  • The Corporation covenants with the Trustee for the benefit of the Trustee and the Royalty Unitholders that the Corporation will pay on a pro rata basis to Royalty Unitholders (including the Trustee in its capacity as a Royalty Unitholder) the Cash Distributions.

  • Computershare Trust Company of Canada joins in this Agreement as trustee for and on behalf of the Royalty Unitholders and as trustee for and on behalf of the Trust Unitholders.

  • This agreement shall enure to the benefit of and shall be binding upon the Royalty Unitholders hereto and their respective successors and permitted assigns.

  • Actual inter-domain resource man- agement mechanism is explained in section 4.

  • All Royalty Units held from time to time by the Trustee as part of the property of the Fund shall not be voted by the Trustee but shall be voted by Trust Unitholders at any and all meetings of Royalty Unitholders or any and all meetings of shareholders of the Corporation on the basis of one Royalty Unit for each Trust Unit owned or held.

  • Since the focus is on the implications on the design space as a result of the safety analysis, and not on the safety analysis itself, only the most relevant information from the safety analysis will be presented.

  • The Trustee shall be required to seek the direction of the Unitholders prior to voting such Royalty Units or Shares at any and all meetings of the Royalty Unitholders or Shareholders.

  • In order to facilitate such voting of the Royalty Units, the Trustee shall enter into the Royalty Indenture and the Unanimous Shareholder Agreement which shall provide, among other things, for the entitlement of the Trust Unitholders to receive notice of and to attend all meetings of the Royalty Unitholders and the shareholders of the Corporation and to one vote per Trust Unit held on any ballot thereat.

Related to Royalty Unitholders

  • Unitholders means the holders of Units.

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

  • Unit Holders means all Unit Holders.

  • LTIP Unitholder means a Partner that holds LTIP Units.

  • CVRs means the rights of Holders to receive contingent cash payments pursuant to the Merger Agreement and this Agreement.

  • 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.

  • Percentage Interests shall have the meaning specified in the Trust Agreement.

  • Class B Members means the Members holding Class B Units.

  • Preferred Shareholders means the holders of Preferred Shares.

  • 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.

  • CVR means a contingent contractual right of Holders to receive CVR Payments pursuant to the Merger Agreement and this Agreement.

  • Carried Interest means an equity interest in the Partnership issued to a Person without consideration, in the form of cash or tangible property, in an amount proportionately equivalent to that received from the Participants.

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

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

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Initial Shareholders means the Sponsor and any Insider that holds Founder Shares; (v) “Private Placement Warrants” shall mean the 6,000,000 warrants (or 6,600,000 warrants if the over-allotment option is exercised in full) that the Sponsor has agreed to purchase for an aggregate purchase price of $6,000,000 (or $6,600,000 if the over-allotment option is exercised in full), or $1.00 per warrant, in a private placement that shall occur simultaneously with the consummation of the Public Offering; (vi) “Public Shareholders” shall mean the holders of securities issued in the Public Offering; (vii) “Trust Account” shall mean the trust fund into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; and (viii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b).

  • OP Units means units of limited partnership interest in the Operating Partnership.

  • Profits and Losses means, for each Fiscal Year or other period, an amount equal to the Company's taxable income or loss for such year or period, determined in accordance with Code Section 703(a) (for this purpose, all items of income, gain, loss, or deduction required to be stated separately pursuant to Code Section 703(a)(l) shall be included in taxable income or loss), with the following adjustments:

  • Members’ Percentage Interests means the ownership percentage interests as mentioned in Section I of this Agreement. During each fiscal year, the net profits and net losses of the Company (other than from capital transactions), and each item of income, gain, loss, deduction, or credit entering into the computation thereof, shall be credited or charged, as the case may be, to the capital accounts of each Member(s) in proportion to the Members' Percentage Interests. The net profits of the Company from capital transactions shall be allocated in the following order of priority: (a) to offset any negative balance in the capital accounts of the Member(s) in proportion to the amounts of the negative balance in their respective capital accounts, until all negative balances in the capital accounts have been eliminated; then (b) to the Member(s) in proportion to the Members’ Percentage Interests. The net losses of the Company from capital transactions shall be allocated in the following order of priority: (a) to the extent that the balance in the capital accounts of any Member(s) are in excess of their original contributions, to such Member(s) in proportion to the excess balances until all such excess balances have been reduced to zero; then (b) to the Member(s) in proportion to the Members’ Percentage Interests. The cash receipts of the Company shall be applied in the following order of priority: (a) to the payment of interest or amortization on any mortgages on the assets of the Company, amounts due on debts and liabilities of the Company other than those due to any Member(s), costs of the construction of the improvements to the assets of the Company and operating expenses of the Company; (b) to the payment of interest and establishment of cash reserves determined by the Member(s) to be necessary or appropriate, including without limitation, reserves for the operation of the Company’s business, construction, repairs, replacements, taxes and contingencies; and (d) to the repayment of any loans made to the Company by any Member(s). Thereafter, the cash receipts of the Company shall be distributed among the Member(s) as hereafter provided. Except as otherwise provided in this Agreement or otherwise required by law, distributions of cash receipts of the Company, other than from capital transactions, shall be allocated among the Member(s) in proportion to the Members’ Percentage Interests. Except as otherwise provided in this Agreement or otherwise required by law, distributions of cash receipts from capital transactions shall be allocated in the following order of priority: (a) to the Member(s) in proportion to their respective capital accounts until each Member(s) has received cash distributions equal to any positive balance in their capital account; then (b) to the Member(s) in proportion to the Members' Percentage Interests. It is the intention of the Member(s) that the allocations under this Agreement shall be deemed to have “substantial economic effect” within the meaning of Section 704 of the Internal Revenue Code and Treas. Reg. Section 1.704-1. Should the provisions of this Agreement be inconsistent with or in conflict with Section 704 of the Code or the Regulations thereunder, then Section 704 of the Code and the Regulations shall be deemed to override the contrary provisions thereof. If Section 704 of the Regulations at any time require that limited liability company operating agreements contain provisions which are not expressly set forth herein, such provisions shall be incorporated into this Agreement by reference and shall be deemed a part of this Agreement to the same extent as though they had been expressly set forth herein.

  • Class B Preferred Shares means class B preferred shares of Pembina;

  • Limited Partners means all such Persons.

  • Percentage Interest means, with respect to each Note Holder, a fraction, expressed as a percentage, the numerator of which is the Note Principal Balance of the Note held by such Note Holder and the denominator of which is the sum of the Note Principal Balances of all of the Notes.

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

  • Company Stockholders means the holders of shares of Company Capital Stock.

  • Net Shares has the meaning provided in Section 2.12 hereof.

  • 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.