Stapled Units definition

Stapled Units means a unit consisting of one Common Share, 100 Preferred Shares and one Series A Subordinate Note Receipt;
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Stapled Units means a stapled unit consisting of one Common Share, 100 Preferred Shares and a Subordinate Note Receipt.
Sample 1
Stapled Units means the stapled units of the Company consisting of, on the date of execution and delivery of this Indenture, one Common Share, 100 Preferred Shares and a Receipt; provided that in the event of a change or a subdivision, redivision, reduction, combination or consolidation thereof (or of any of the components thereof), any reclassification, capital reorganization, consolidation, amalgamation, arrangement, merger, sale or conveyance or liquidation, dissolution or winding-up, or such other similar transaction, or such successive changes, subdivisions, redivisions, reductions, combinations or consolidations, reclassifications, capital reorganizations, consolidations, amalgamations, arrangements, mergers, sales or conveyances or liquidations, dissolutions or windings-up, then, subject to adjustments, if any, having been made in accordance with the provisions of Section 6.5, “Stapled Units” shall mean the stapled units of the Company or other securities or property (including cash) resulting from such change, subdivision, redivision, reduction, combination or consolidation, reclassification, capital reorganization, consolidation, amalgamation, arrangement, merger, sale or conveyance or liquidation, dissolution or winding-up or such other similar transaction, and “Stapled Unit” means any one of them;
Sample 1

Examples of Stapled Units in a sentence

  • Only holders of record of REIT Units and GP Shares (forming Stapled Units) at the close of business on the Record Date are entitled to receive notice of and to vote at the Meetings.

  • These Stapled Units are listed and posted for trading on the TSX.

  • Each party must consult with the other prior to causing any act to be done or omission to be made which may materially affect the value of the Share Stapled Units, the Units and/or the Shares.

  • Accordingly, the Trust and the Company are not allowed to buy-back or redeem their own Share Stapled Units.

  • The Trustee-Manager and the Company shall issue a circular to Registered Holders of Share Stapled Units in respect of transactions that, pursuant to the Listing Rules or this Deed (or in the reasonable opinion of the Trustee-Manager), require approval by a resolution of Registered Holders of Units, including the matters listed in Clause 33.

  • The Share Stapled Units are listed on the Main Board of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") on 30 May 2013 (the "Listing Date") (the "Listing").

  • The successor in title of any corporate Registered Holder of Share Stapled Units which loses its legal entity status by reason of a merger or amalgamation shall be the only person recognised by the Trustee-Manager and the Company (or the Registrar on their behalf) as having title to the Share Stapled Units of such corporate Registered Holder of Share Stapled Units.

  • The exercise price of each option approximated the quoted price of the Stapled Units on the date of grant and shall be increased by the amount, if any, by which the fair quoted value of one Finance Trust unit at the time of exercise of such option exceeds the fair quoted value of one Finance Trust unit at the time of grant of such option.

  • A body corporate may be registered as a Registered Holder of Share Stapled Units or as one or more of the Joint Registered Holders of Share Stapled Units.

  • Certificates in respect of Share Stapled Units will be printed in accordance with all applicable requirements of the Hong Kong Stock Exchange and/or any Alternative Stock Exchange on which the Share Stapled Units are listed from time to time, will be in a form approved by the Trustee-Manager and the Company and shall be prima facie evidence of the title of the person named in the Certificate to the Share Stapled Units.


More Definitions of Stapled Units

Stapled Units means the stapled units of the Company or other securities or property (including cash) resulting from such change, subdivision, redivision, reduction, combination or consolidation, reclassification, capital reorganization, consolidation, amalgamation, arrangement, merger, sale or conveyance or liquidation, dissolution or winding-up or such other similar transaction, and “Stapled Unit” means any one of them;
Sample 1
Stapled Units means a unit consisting of one trust unit of Granite REIT and one common share of Granite GP.
Sample 1
Stapled Units. ’ means a unit consisting of one LIORC Share and one Subordinated Note Receipt.
Sample 1

Related to Stapled Units

  • Restricted Units has the meaning set forth in the recitals to this Award Agreement.

  • Unvested Units means those Units listed as unvested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

  • Vested Units means those Units listed as vested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

  • Common Units is defined in the Partnership Agreement.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Covered Units means: (i) during the period of the Employee’s employment with the Corporation, each business unit of the Corporation; and (ii) following the Employment Termination Date, each business unit of the Corporation in or for which the Employee was employed or to which the Employee provided services or about which the Employee obtained or had access to Confidential Information, in each case of this clause (ii) at any time within the twenty-four (24)-month period prior to the Employment Termination Date. The Employee acknowledges and agrees that if the Employee is or was employed at a segment level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of such segment; and if the Employee is or was employed at the corporate/headquarters level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of the Corporation.

  • Company Units has the meaning set forth in the Recitals.

  • Core Units means such Units of the Trust that are issued to Core Investors with the condition that these are not redeemable for a period of two years from the close of the First Offer Period. Such Units are transferable with this condition, but otherwise shall rank pari passu with all other Units, save for this restriction. Any transfer of the Core Units, during the first two years of their issue as mentioned herein, shall be affected only on the receipt by the Registrar of a written acceptance of this condition by the transferee.

  • Stock Units means investment units under the Deferred Delivery Plan, each of which is deemed to be equivalent to one share of Stock.

  • Dividend Shares means any shares of Common Stock issuable in lieu of cash dividends paid or to be paid on the Series A Preferred.

  • Redeemed Units has the meaning set forth in Section 11.01(a).

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

  • Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.

  • 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.

  • LTIP Units means LTIP Units, as such term is defined in the Partnership Agreement.

  • Bonus Stock means shares of Common Stock which are not subject to a Restriction Period or Performance Measures.

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Restricted Stock Units means an Award of stock units subject to such restrictions and conditions as the Administrator may determine at the time of grant.

  • Phantom Stock means a right granted to an Eligible Individual under Section 12 representing a number of hypothetical Shares.

  • DSUs means the outstanding deferred share units issued under the DSU Plan.

  • Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.