Tracking Units definition

Tracking Units means the VSH Tracking Units, the VSLR Tracking Units, the VW Tracking Units and the Other Property Tracking Units.
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Tracking Units means electronic monitoring devices used to monitor the location of individuals.
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Examples of Tracking Units in a sentence

  • Subject to Section 6, as soon as practicable following the Tranche 3 Vesting Date, and in no event later than thirty (30) days after such date, the Company will deliver to Participant an amount in cash equal to the closing Company stock price on the trading day prior to the Tranche 3 Vesting Date multiplied by the vested Tranche 3 Tracking Units (such amount, the “Tranche 3 Payment”).

  • Except as otherwise provided in an individual award agreement, Class A Profit Interests granted under the 2018 PII Plan are split equally between time-vesting Class A Tracking Units (“Time-Vesting Profits Interests”) and performance-vesting Class A Tracking Units (“Performance-Vesting Profits Interests”).

  • The remaining Tracking Units (“Tranche 3”) shall vest on the Two Year Anniversary (“Tranche 3 Vesting Date”).

  • In connection with such acquisitions of VictoryBase Properties, Holdings may issue Holdings Tracking Units to VBRE and/or others.

  • The 2018 PII Plan authorized 10,000,000 awards of Class A Tracking Units (“Class A Profits Interests”) in BEP Diamond Topco Management Holdings LLC to selected employees and other service providers of the Company to incentivize employees and other service providers to exert maximum effort when rendering services to the Company.

  • Upon a Participant’s Termination of Employment by any member of the Company Group for Cause, all Tracking Units granted hereunder, whether vested or unvested, will immediately and automatically be forfeited as of the date of such termination for no consideration and without any action by the Company.

  • The Class C Units will be Holdings Tracking Units, tracking the value of NY1.

  • Participant shall have no further right or interest in or with respect to such Tracking Units.

  • Subject to Section 6, as soon as practicable following the Tranche 2 Vesting Date, and in no event later than thirty (30) days after such date, the Company will deliver to Participant an amount in cash equal to the closing Company stock price on the trading day prior to the Tranche 2 Vesting Date multiplied by the vested Tranche 2 Tracking Units (such amount, the “Tranche 2 Payment”).

  • This series of Tracking Units shall be designated as the Class D Units of limited partnership interest (the "Class D Units"), and the number of Units constituting such series shall be Ten Thousand (10,000).

Related to Tracking Units

  • Generating Unit means one or more generating equipment combinations typically consisting of prime mover(s), electric generator(s), electric transformer(s), steam generator(s) and air emission control devices.

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

  • Voting Units means collectively, the Units and Special Voting Units;

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

  • Operating Unit means, for purposes of this part, primary and constituent operating units designated as such in the Department Order Series of the De- partment of Commerce and, in addi- tion, the Office of the Secretary.

  • 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.

  • Special Voting Units means, collectively, special voting units of the REIT, and “Special Voting Unit” means any one of them.

  • LLC Units has the meaning set forth in the LLC Agreement.

  • Common Units means common units representing limited partner interests in the Partnership.

  • Drilling unit means the area fixed for the drilling of one well by order or rule of any state or federal body having authority. If a Drilling Unit is not fixed by any such rule or order, a Drilling Unit shall be the drilling unit as established by the pattern of drilling in the Contract Area unless fixed by express agreement of the Drilling Parties.

  • Outstanding Units means, as of the date of determination, all Normal Units or Stripped Units evidenced by Certificates theretofore authenticated, executed and delivered under this Agreement, except:

  • Additional Units means such Units (as defined herein) as are issued in respect of Additional Securities."

  • Covered Units means, with respect to each Unitholder, such Unitholder’s Existing Units, together with any WMLP Common Units that such Unitholder becomes the Record Holder or beneficial owner of on or after the date hereof.

  • Trust Units means the units of the Trust.

  • 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.

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

  • Residential Units means individually or collectively (as the context requires), any or all residential apartment unit(s) in the Project.

  • 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.

  • Dwelling unit means a single unit providing complete, independent living facilities for one or more persons, including permanent provisions for living, sleeping, eating, cooking and sanitation.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.