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 assigned to it in Section 6(d) hereof.
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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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Examples of Unit Split in a sentence

  • This Amendment shall become effective on the date that the Pre-Merger Unit Split becomes effective, provided that the amendments set forth in Sections 2 and 3 above shall not become effective until the Effective Time 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.

  • 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.

  • The Pre-Merger Unit Split shall have become effective in accordance with Section 5.14.

  • For purposes of this Section 6.1(h), the Pre-Merger Unit Split shall be deemed to have been made to Holders of ACMP Units at the time ACMP irrevocably issues and transfers the ACMP Common Units and ACMP Class B Units for the Pre-Merger Unit Split to the relevant paying agent for the benefit of such Holders.

  • On the effective date for such Pre-Merger Unit Split, ACMP shall (and ACMP General Partner shall cause ACMP to) irrevocably issue and transfer the ACMP Common Units and ACMP Class B Units for the Pre- Merger Unit Split to the relevant paying agent for the benefit of such Holders.


More Definitions of Unit Split

Unit Split has the meaning set forth in the recitals.
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Unit Split has the meaning set forth in the recitals to this Agreement.
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Unit Split has the meaning set forth in Section 4.11(a).
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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 means the Common Shares comprising part of the Units;

  • Unit Share means a Common Share comprising part of each Unit;

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

  • Series A Units means Series A currency hedged mutual fund units or Series A non-currency hedged mutual fund units of a fund, as applicable.

  • 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 a Partnership Unit which is designated as an LTIP Unit and which has the rights, preferences and other privileges designated in Section 4.6 and elsewhere in this Agreement in respect of holders of LTIP Units. The allocation of LTIP Units among the Partners shall be set forth in the Partner Registry, as it may be amended or restated from time to time.

  • 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 initial public offering of securities.

  • Membership Units means membership interests in the Company.

  • 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 the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.

  • 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.