Stapled Unit definition

Stapled Unit means one Granite REIT Unit and one Granite GP Share which, until an Existing Stapled Unit Event of Uncoupling occurs, trade together; and
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Stapled Unit means one Unit and one Granite GP Common Share that are required to be transferred together in accordance with Section 5.09;
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Stapled Unit means a security consisting of a unit of the Granite REIT and a common share of the Corporation which trade together;
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Examples of Stapled Unit in a sentence

  • Executive Deferred Stapled Unit Plan The executive deferred stapled unit plan is measured at fair value at the date of grant and amortized to compensation expense from the effective date of the grant to the final vesting date.

  • The Restricted Stapled Unit Plan entitles a Participant to receive a stapled unit or a cash payment equal to the market value of the stapled unit, which on any date is the volume weighted average trading price of a stapled unit on the Toronto Stock Exchange or New York Stock Exchange over the preceding five trading days.

  • The Restricted Stapled Unit Plan also provides for the accrual of distribution equivalent amounts based on distributions paid on the stapled units.

  • The maximum number of stapled units which may be issued pursuant to the Restricted Stapled Unit Plan is 1.0 million.

  • Stapled units are, unless otherwise agreed or otherwise required by the Restricted Stapled Unit Plan, settled within 60 days following vesting.


More Definitions of Stapled Unit

Stapled Unit means a unit consisting of one Granite REIT Unit and one Common Share of the Company.
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Stapled Unit means a Unit in the Stapled Trust;
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Stapled Unit means a unit consisting of one Granite REIT Unit and one Granite GP Common Share.
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Stapled Unit means one REIT Unit and one Finance Trust Unit, which traded together prior to the completion of the Amended Reorganization.
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Stapled Unit means one Unit and one NorSerCo Common Share which trade together on the TSX as a stapled unit under a single trading symbol.
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Stapled Unit means any one of them;
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Stapled Unit means a Vital Australia Unit in a class and a Vital NZ Unit in the equivalent class which are Stapled together and registered in the name of the Unit Holder
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