Unit Cap definition

Unit Cap is defined in Section 16.4(b).
Unit Cap has the meaning assigned to it in Section 6(c) hereof.
Unit Cap has the meaning given such term in Section 16.11(c).

Examples of Unit Cap in a sentence

  • There is no process to seek a waiver of the Unit Cap, and no waiver request will be entertained by IHCDA.

  • Under the terms of the BEP, the United States Department of the Treasury will not permit IHCDA to pay claims in excess of the Unit Cap for the acquisition and demolition of any qualifying property.

  • Effective December 1, 2019,The District funded Health and Welfare Benefit Unit Cap (Benefit Cap) shall be a maximum of up to $20,441.

  • The District funded Health and Welfare Benefit Unit Cap (Benefit Cap) shall be a maximum of up to $20,441.

  • For each subsequent year of this Agreement (2008-09 and 2009-10) the District funded Health and Welfare Benefit Unit Cap for the respective year shall be a maximum 10% increase above the funded cap from the prior year.


More Definitions of Unit Cap

Unit Cap shall have the meaning set forth in Section 2.01(a)(ii).
Unit Cap has the meaning assigned to it in Section 6(c) hereof. “Unit Split” has the meaning assigned to it in Section 6(d) hereof.
Unit Cap means the total maximum available number of goods or services (as applicable) for a particular Deal that are to be provided.
Unit Cap means each of the Series C Unit Cap, Series B Unit Cap, Series A Unit Cap, the Founder Unit Cap, the Common Unit Cap and the Management Incentive Unit Cap.
Unit Cap means Three Million (3,000,000) Units.
Unit Cap means 0.2857 (subject to adjustment as provided herein).
Unit Cap means 0.2857 (subject to adjustment as provided herein and in the Agreement). Except as set forth herein with respect to adjustments, this CVI Certificate confers no rights with respect to any dividends declared by the Partnership on the Partnership Common Units to holders of record on a record date prior to the date on which Partnership Common Units, if any, are issued in satisfaction of all or a portion of the CVI Consideration. The Aggregate Unit Cap, Extinguishment Price, Floor Price, Unit Cap and Strike Price shall be subject to adjustment from time to time in certain events, including (i) the payment or declaration of a dividend or other distribution by the Partnership to its unitholders in Partnership Common Units, (ii) the sub-division (by stock split, stock dividend or otherwise) or combination (by reverse stock split or otherwise) of the outstanding Partnership Common Units or (iii) the issuance by reclassification of Partnership Common Units. Upon each such event, the Partnership shall appropriately adjust the Aggregate Unit Cap, Extinguishment Price, Floor Price, Unit Cap and Strike Price. Whenever an adjustment is made as provided herein, the Partnership shall (A) promptly prepare a certificate setting forth such adjustment and a brief statement of the facts accounting for such adjustment, (B) promptly file with the Trustee a copy of such certificate and (C) mail a brief summary thereof to each Holder of a CVI. Such adjustment, absent manifest error, shall be final and binding on the Holder hereof. Each outstanding CVI Certificate shall thereafter be deemed to be amended to provide for the adjusted Aggregate Unit Cap, Extinguishment Price, Floor Price, Unit Cap and Strike Price. THIS CVI CERTIFICATE MAY NOT BE DIRECTLY OR INDIRECTLY TRANSFERRED IN WHOLE OR IN PART (INCLUDING, WITHOUT LIMITATION, BY WAY OF ANY DERIVATIVE OR SIMILAR SECURITY) EXCEPT (1) TO THE PARTNERSHIP OR AN AFFILIATE OF THE PARTNERSHIP, (2) BY OPERATION OF LAW OR (3) AS OTHERWISE EXPRESSLY PERMITTED BY THE AGREEMENT. The Agreement permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Partnership and the rights of the Holders of CVIs under the Agreement at any time by the Partnership and the Trustee with the consent of the Holders of a majority of the CVIs at the time Outstanding. No reference herein to the Agreement and no provision of this CVI Certificate or of the Agreement shall alter or impai...