Common use of Vesting of LTIP Units Clause in Contracts

Vesting of LTIP Units. The Recipient shall become vested in a number of Profits Interest Units (“Vested Profits Interest Units”) as and when determined pursuant to Exhibit 1.

Appears in 3 contracts

Sources: Profits Interest Units Agreement (OHI Healthcare Properties Limited Partnership), Relative TSR Based Performance Profits Interest Units Agreement (OHI Healthcare Properties Limited Partnership), TSR Based Performance Profits Interest Units Agreement (OHI Healthcare Properties Limited Partnership)

Vesting of LTIP Units. The Recipient shall become vested in a number of Profits Interest Units (“Vested Profits Interest Units”) as and when determined pursuant to Exhibit 1.. ​

Appears in 1 contract

Sources: Time Based Profits Interest Units Agreement (Omega Healthcare Investors Inc)