Vested LTIP Units definition

Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.
Vested LTIP Units has the meaning set forth in Section 16.2.A hereof.
Vested LTIP Units means those Earned LTIP Units that have fully vested in accordance with the time-based vesting conditions of Section 3(d) or have vested on an accelerated basis under Section 4.

Examples of Vested LTIP Units in a sentence

  • Solely with respect to Vested LTIP Units, LTIP Unitholders shall have the same voting rights as the Class C Common Unitholders, with the LTIP Units voting as a single class with the Class C Common Units and having one vote per LTIP Unit.

  • Following the direction and approval of the Board of Directors, the General Partner shall have the right at any time to cause a conversion of Vested LTIP Units into Class C Common Units.

  • The Redemption Right provided to the holders of Class C Common Unit under Section 8.6 shall not apply with respect to Vested LTIP Units unless and until they are converted to Class C Common Units as provided in Section 4.7.


More Definitions of Vested LTIP Units

Vested LTIP Units means Earned LTIP Units that have satisfied the time-based or accelerated vesting requirements of an Award Agreement.
Vested LTIP Units has the meaning set forth in Section 3(a) hereof.
Vested LTIP Units means any portion of the Award LTIP Units subject to this Agreement that is and has become vested pursuant to Section 2.
Vested LTIP Units has the meaning set forth in Section 1.2 of Exhibit C hereto.
Vested LTIP Units shall have the meaning set forth in Section 1.2 of Schedule H hereto.
Vested LTIP Units has the meaning set forth in Section 13.01(c)(i) hereof.
Vested LTIP Units has the meaning set forth in Section 5(a) hereof.