Stapled Unit means one Granite REIT Unit and one Granite GP Share which, until an Existing Stapled Unit Event of Uncoupling occurs, trade together;
Stapled Unit means one Unit and one Granite GP Common Share that are required to be transferred together in accordance with Section 5.09;
Stapled Unit means a security consisting of a unit of the Granite REIT and a common share of the Corporation which trade together;
Examples of Stapled Unit in a sentence
Each of the parties hereto agrees that, subject to the terms of this Agreement, including satisfaction or waiver of the conditions set forth herein, under the Arrangement the Granite REIT Declaration of Trust will be amended in a manner satisfactory to the trustees of Granite REIT as may be necessary or desirable to give effect to and reflect the Arrangement including to reflect termination of the Stapled Unit structure.
Upon any transfer after the Effective Time or upon request by a holder, Granite REIT will replace old Stapled Unit certificates with new Granite REIT Unit certificates.
More Definitions of Stapled Unit
Stapled Unit means a Unit in the Stapled Trust;
Stapled Unit means one REIT Unit and one Finance Trust Unit, which traded together prior to the completion of the Amended Reorganization.
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
Stapled Unit means a unit consisting (less, at any time, the number of Preferred Shares redeemed immediately prior to such time), of one Note Receipt, 100 Preferred Shares and one Common Share, as such unit may be reconstituted from time to time.