Tier III Units definition

Tier III Units means Tier III Units representing Company Interests in the Company entitled to receive the Tier III Percentage and with the other rights and obligations specified in this Agreement.
Tier III Units shall have the meaning assigned to such term under the NewCo LLC Agreement.

Examples of Tier III Units in a sentence

  • As a result, you shall continue to hold 410 Tier I Units; 292.5 Tier II Units and 297.5 Tier III Units.

Related to Tier III Units

  • 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.

  • 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.

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

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

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

  • 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.

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

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

  • Membership Units means membership interests in the Company.

  • PSUs means the outstanding performance share units governed by the performance share unit plan of the Company dated December 16, 2013, as amended from time to time;

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

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

  • Class R-III Interest The uncertificated Residual Interest in REMIC III.

  • LTIP Units means a Partnership Unit which is designated as an LTIP Unit and which has the rights, preferences and other privileges designated in Section 4.6 and elsewhere in this Agreement in respect of holders of LTIP Units. The allocation of LTIP Units among the Partners shall be set forth in the Partner Registry, as it may be amended or restated from time to time.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • Class D Common Stock means the Class D Common Stock, par value $0.01 per share, of the Company.

  • Class A-L Regular Interests The Class A-1A-L, Class A-1B-L and Class A-1C-L Regular Interests.

  • Class A Common Units means the Company's Class A Common Units.

  • Target Award means the target award, at 100% of target level performance achievement, payable under the Plan to a Participant for the Performance Period, as determined by the Committee in accordance with Section 3(b).

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Article 7.

  • Class D Units has the meaning ascribed to such term in the LLC Agreement.

  • Performance Share Units means Performance Share Units granted to an Eligible Individual under Section 9.1(b).

  • Class B Interests As set forth in the Trust Agreement.