Trust Unitholder definition

Trust Unitholder means the owner of one or more Trust Units as reflected on the books of the Trustee pursuant to Section 4.01 or in the records of The Depository Trust Company.

Trust Unitholder means a Person whose name appears on the Register as a holder of one or more Trust Units;

Trust Unitholder means a holder of one or more Trust Units.

Examples of Trust Unitholder in a sentence

• The interest of each Trust Unitholder shall be determined by the number of Trust Units registered in the name of the Trust Unitholder.

• Upon such payment, the Trust shall be discharged from all liability to the former Trust Unitholder and any party having a security interest in respect of the Trust Units so redeemed.

• Upon receipt by the Trust of the notice to redeem Trust Units, the Trust Unitholder shall thereafter cease to have any rights with respect to the Trust Units tendered for redemption (other than to receive the redemption payment therefor) including the right to receive any distributions thereon which are declared payable to the Trust Unitholders of record on a date which is subsequent to the day of receipt by the Trust of such notice.

• Upon such payment, the Trust shall be discharged from all liability to the former Trust Unitholder in respect of the Trust Units so redeemed.

• Each Trust Unitholder is entitled to one vote per Trust Unit held.

More Definitions of Trust Unitholder

Trust Unitholder means at any time a person whose name appears on the Register as a holder of one or more Trust Units.

Trust Unitholder means a person whose name appears on the Register as a holder of Trust Units;

Trust Unitholder means a person whose name appears on the Register as a holder of one or more Trust Units or of a fraction of a Trust Unit;

Trust Unitholder means a holder of record of any Trust Unit.

Trust Unitholder means a holder of record of any Unit or Class B Unit; “Trustee” means a trustee of PIRET;

Trust Unitholder means a holder of one or more Trust Units. “Vendor” means the vendor of the Properties as applicable. “Voting Units” means the Trust Units and the Special Voting Units.

Trust Unitholder means at any time the holders at that time of one or more Trust Units, as shown on the register maintained by or on behalf of the Fund for outstanding Trust Units.