Unit Split definition

Unit Split has the meaning assigned to such term in Section 2.1.
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Unit Split has the meaning set forth in the recitals.
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Unit Split has the meaning assigned to it in Section 6(d) hereof.
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Examples of Unit Split in a sentence

  • Total Tonnes Mined ‘000t 679.2 Total Tonnes Processed ‘000t 102.7 Total Gold Production ‘000oz 4,849 Life of Mine Years 20 Operating Cash Cost2 US$/oz 837 Total Cash Cost2 US$/oz 903 AISC3 US$/oz 968* Project Capex US$ million 150 NPV5% US$ million 658 Incremental NPV US$ million 176 Incremental IRR % 13 Note: Based on US$1,250/oz gold price *Corporate G&A not included in the economic assessment Gold Price Sensitivity (Project 5M) The NPV5% at various gold prices is shown below.

  • Pursuant to Section 5.14 of the 2014 Merger Agreement, the Pre-Merger Unit Split shall become effective one Business Day prior to the Closing Date (as defined in the 2014 Merger Agreement) of the WPZ Merger.

  • Notwithstanding anything contained in this Agreement to the contrary, the adjustments required pursuant to the first sentence of Section 6.6(a) in connection with, or as a result of, the Pre-Merger Unit Split shall be made only if the Effective Time of the WPZ Merger shall not have occurred and the 2014 Merger Agreement is terminated.

  • For purposes hereof, a “Specified Rights Agreement” is any Rights Agreement pursuant to which the “Conversion Factor” (or the equivalent) referred to therein is adjusted as the result of the Stock Split and such adjustment is not completely reversed as a result of the Unit Split.

  • Specific jurisdiction is established when the nonresident defendant’s alleged liability arises from or is related to activity conducted within the forum.

  • The provisions of this Section 5.5 are subject to Section 5.5(e) which addresses the effect of the Unit Split.

  • In particular, the balance of a Capital Account of a Common Unit and of a Subordinated Unit shall be determined pursuant to this Section 5.5 and other provisions of this Agreement as if the Unit Split had been effective immediately before the initial application of this Section 5.5 and by giving effect at that time to the reduction in Initial Unit Price that occurs with the amendments to this Agreement that implement the Unit Split.

  • The General Partner may make such other changes to the determination of Capital Account balances as are necessary in its judgment to achieve the effect of the Unit Split that is described in the preceding sentence.

  • All historical per unit disclosures have been adjusted to effect for the change in units due to the Unit Split.

  • On March 28, 2018, the Units were subdivided on a 1:100 basis (the “Unit Split”), such that each one Unit as constituted prior to the Unit Split represented 100 Units on a post-Unit Split basis.


More Definitions of Unit Split

Unit Split has the meaning assigned to such term in Section 2.1. “Unrealized Gain” of any item of Partnership property at any time means the excess, if any, of (a) the fair market value of such property at such time (prior to any adjustment to be made pursuant to Section 5.3(d) as of the time) over (b) the Carrying Value of such property as of such time prior to any adjustment to be made pursuant to Section 5.3(d) as of such time.
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Unit Split has the meaning assigned to such term in Section 16.4(b).
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Related to Unit Split

  • Stock Split means any kind of stock split in relation to the Shares, including a free share distribution to the holders of Shares, a stock dividend or a sub-division of Shares;

  • Recapitalization Agreement shall have the meaning set forth in the Recitals.

  • Reverse Split has the meaning set forth in Section 5.21.

  • Common Share Reorganization has the meaning set forth in Section 4.1;

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Unit Share has the meaning ascribed thereto in the first paragraph of this Agreement;

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

  • Reverse Stock Split means a reverse stock split of the outstanding shares of Common Stock that is effected by the Company’s filing of an amendment to its certificate of incorporation with the Secretary of State of the State of Delaware and the acceptance thereof.

  • Initial Common Units means the Common Units sold in the Initial Offering.

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

  • LTIP Units means LTIP Units, as such term is defined in the Partnership Agreement.

  • Recapitalization Event means any event of share combination or subdivision, distribution of bonus shares or any other similar reclassification, reorganization or recapitalization of the Company’s share where the shareholders retain their proportionate holdings in the Company.

  • Initial Merger Consideration has the meaning set forth in Section 2.2(a).

  • LTIP means the Long-Term Incentive Plan of the General Partner, as may be amended, or any equity compensation plan successor thereto.

  • Amalco Common Shares means the common shares in the capital of Amalco;

  • IPO means the Company’s first underwritten public offering of its Common Stock under the Securities Act.

  • Series B Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series B, of the Company.

  • Recapitalization means any stock dividend, stock split, combination of shares, reorganization, recapitalization, reclassification or other similar event.

  • Over-Allotment Units means the additional number of Private Units the Sponsor will be required to purchase in the event that the underwriters in the Company’s initial public offering exercise their over-allotment option, as described in the prospectus relating to the Company’s initial public offering.

  • Dividend Shares means any shares of Common Stock issuable in lieu of cash dividends paid or to be paid on the Series A Preferred.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Class B Shares means the Class B ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class B Shares, and having the rights provided for in these Articles.

  • Vested Units means those Units listed as vested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

  • SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.

  • Series C Preferred Units shall have the meaning provided in Section 1.

  • Unvested Units means those Units listed as unvested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.