Class I High Performance Valuation Date definition

Class I High Performance Valuation Date means the earlier to occur of (i) January 1, 2001, or (ii) the date on which a Change of Control occurs.

Examples of Class I High Performance Valuation Date in a sentence

  • On and after the Class I High Performance Valuation Date, the Holders of Class I High Performance Partnership Units shall be entitled to receive distributions (other than distributions upon liquidation) if, as, when and in the same amounts and of the same type as may be paid to Holders of Partnership Common Units as if each Holder of Class I High Performance Partnership Units held an equal number of Partnership Common Units originally issued on the Class I High Performance Valuation Date.

  • A class of Partnership Units is hereby designated as "Class I High Performance Partnership Units," and the number of Partnership Units initially constituting such class shall be fifteen thousand (15,000), subject to adjustment at the Class I High Performance Valuation Date, as provided in Section 3 hereof.

  • The Holders of Class I High Performance Partnership Units are entitled to receive distributions (other than distributions upon liquidation) if, as, when and in the same amounts and of the same type as may be paid to Holders of Partnership Common Units as if each Holder of Class I High Performance Partnership Units held an equal number of Partnership Common Units originally issued on the Completed Class I High Performance Valuation Date.

  • Prior to the Class I High Performance Valuation Date, the Class I High Performance Partnership Units shall be owned and held solely by SMP I, L.L.C., a Delaware limited liability company ("SMP"), Rich▇▇▇ ▇.

  • Except as otherwise indicated, it is assumed, for purposes of the illustration, that: (i) the Class I High Performance Valuation Date is January 1, 2001; (ii) the AIMCO Total Return is 14% per year; (iii) the Industry Total Return is 10% per year; and (iv) the weighted average market value of outstanding equity (Common Stock and Partnership Units, other than Partnership Preferred Units) during the Measurement Period is $3,000,000,000 (assumptions (i) - (iv) are referred to as the "Base Case").

  • ANNEX I TO EXHIBIT K Numerical Examples of the Calculation of the Adjustment to the Number of Class I High Performance Partnership Units on the Class I High Performance Valuation Date The following table illustrates the adjustment that would be made on the Class I High Performance Valuation Date to the number of Class I High Performance Units under different circumstances.

  • A class of Partnership Units is hereby designated as “Class I High Performance Partnership Units,” and the number of Partnership Units initially constituting such class shall be fifteen thousand (15,000), subject to adjustment at the Class I High Performance Valuation Date, as provided in Section 3 hereof.

  • Except as otherwise indicated, it is assumed, for purposes of the illustration, that: (i) the Class I High Performance Valuation Date is January 1, 2001; (ii) the AIMCO Total Return is 14% per year; (iii) the Industry Total Return is 10% per year; and (iv) the weighted average market value of outstanding equity (Common Stock and Partnership Units, other than Partnership Preferred Units) during the Measurement Period is $3,000,000,000 (assumptions (i) - (iv) are referred to as the “Base Case”).

  • A class of Partnership Units is hereby designated as “Class I High Performance Partnership Units,” and the number of Partnership Units constituting such class, as of the date hereof, is , which reflects the effect of the previously completed adjustment as of the Class I High Performance Valuation Date (as defined in the Original HP Partnership Unit Designation and in accordance with Section 3 thereof) (the “Completed Class I High Performance Valuation Date”).

  • A class of Partnership Units is hereby designated as “Class I High Performance Partnership Units,” and the number of Partnership Units constituting such class, as of the date hereof, is 1,998,230, which reflects the effect of the previously completed adjustment as of the Class I High Performance Valuation Date (as defined in the Original HP Partnership Unit Designation and in accordance with Section 3 thereof) (the “Completed Class I High Performance Valuation Date”).

Related to Class I High Performance Valuation Date

  • MFP Valuation Date means the MFP Settlement Valuation Date;

  • SPS FR Barrier Valuation Date means the Settlement Price Date.

  • MCE Valuation Period means, subject to any extension (as described in further detail in the Conditions), the period commencing from and including the moment upon which the Mandatory Call Event occurs and up to the end of the following trading session on the Index Exchange; and

  • Quarterly Valuation Date means the last Business Day of each February, May, August and November of each year, commencing on the first such date next following the Date of Original Issue of a series of MTP , except with respect to delivery of Accountant’s Confirmation in which case “Quarterly Valuation Date” shall mean such of the last Business Days of February, May, August and November in each year as is selected by S&P .

  • SPS Valuation Date means the SPS Redemption Valuation Date or the Strike Date, as applicable.