Unit Consideration definition

Unit Consideration has the meaning set forth in Section 2.2(a).

Unit Consideration has the meaning assigned to such term in the recitals.

Unit Consideration means the Additional LP Units and the Additional GP Units.

Examples of Unit Consideration in a sentence

• Upon delivery to the FrontView Parties (or their designees) of the GP Interests at the Closing and the FrontView Parties’ payment of the OP Unit Consideration in accordance herewith, the FrontView Parties (or their designees) shall acquire the GP Interests, free and clear of any Lien, other than Liens created by the FrontView Parties or existing under the Organizational Documents of the FrontView Parties.

• All of the OP Units to be delivered as payment of the OP Unit Consideration have been duly authorized and, upon issuance pursuant to the terms of this Agreement, will be validly issued.

• The GP Interest Contribution Agreement, duly executed by the FVR Parties, providing for the issuance of the OP Unit Consideration to Management Parent.

• A Contribution Agreement pursuant to which Management Parent will contribute the GP Interests to the FrontView OP, in exchange for the issuance of that portion of the OP Unit Consideration allocated to the GP Interests by the FVR Parties to the Management Parent, in a form reasonably approved by the Management Parties and the FrontView Parties (the “GP Interest Contribution Agreement”), duly executed by Management Parent.

• An assignment of the Office Lease, in a form reasonably approved by the Management Parties and the FrontView Parties (“Assignment of Office Lease”), duly executed by the applicable Management Party, in exchange for the issuance of that portion of the OP Unit Consideration allocated to the Office Lease.

More Definitions of Unit Consideration

Unit Consideration shall have the meaning given such term in Section 2.2.

Unit Consideration means the Parent OP Common Units issuable to the Contributors and the Escrow Account pursuant to Section 2.3(c).

Unit Consideration means 28,552,480 Common Units and 2,550,644 General Partner Units.

Unit Consideration means a number of ETP Common Units derived by dividing (a) $105,000,000 by (b) the Volume-Weighted Average Trading Price for the ten consecutive trading days ending immediately prior to the date that is three trading days prior to the Closing Date.

Unit Consideration means a number of ETP Common Units derived by dividing (a) $19,000,000 by (b) the Volume-Weighted Average Trading Price for the ten consecutive trading days ending immediately prior to the date that is three trading days prior to the Closing Date.

Unit Consideration means the Units to be issued to the Investors pursuant to this Agreement as set forth on Schedule A hereto under the heading “Consideration Received or Interest Retained.”

Unit Consideration means (i) in the case of a Canadian Shareholder who has elected or is deemed to have elected to receive Exchange LP Units, one (1) Exchange LP Unit for each BPO Common Share or (ii) in the case of any other Shareholder, one (1) BPY Unit for each BPO Common Share; and