Linked Unit definition

Linked Unit means a unit comprising a share and a debenture in a company, where that share and that debenture are linked and are traded together as a single unit;
View Source
Linked Unit means, with respect to a Functional Unit, any other Functional Unit which is designated in Appendix 8A as being linked to the first Functional Unit;
View Source
Linked Unit has the meaning set out in Schedule 8 [Payments];
View Source

Examples of Linked Unit in a sentence

  • Any such forfeited or cancelled Linked Unit may be reissued by Holdco on terms and conditions as the it may deem appropriate, and a corresponding Unit reissued by the Company.

  • The Company shall, promptly upon receipt of any distribution from Holdco or proceeds from the Transfer of a Linked Unit, distribute such amount to the holder of the Unit issued in exchange for such Linked Unit giving rise to the amount received in respect of such Linked Unit; provided, however, that the amount of such distribution, except for tax distributions received from Holdco, may be reduced by the amount of Company Expenses allocable to such Unit, as reasonably determined by the Management Member.

  • Notwithstanding the prior paragraph, only if the Company achieves EPS at or above the Target for the full calendar year 2024, the Conversion Factor of 1.00 shall be applied to the Linked Unit Shares and the SASA will vest a year early.

  • In the event any Linked Unit is forfeited or cancelled pursuant to the terms and conditions specified in the applicable Grant Agreement, the corresponding Unit shall be simultaneously forfeited or cancelled automatically, without further action.

  • After the Award Period, the Committee shall multiply the Conversion Factor by the number of Linked Unit Shares to determine the number (if any) of additional Shares to be awarded for the SASA based on Company performance during the Award Period, which determination shall be final, conclusive and binding (the Shares that are so awarded are the “Shares”).

  • The economics associated with each Linked Unit are intended to be allocated solely to the Member holding the corresponding Unit issued in exchange for the Capital Contribution of such Linked Unit, as further described herein.

  • The Company may issue Units only (i) upon receipt of a Linked Unit and (ii) with the consent of the Management Member.


More Definitions of Linked Unit

Linked Unit means a Linked Unit comprising
View Source
Linked Unit means, with respect to a Functional Unit, any other Functional Unit which is designated in Appendix 8A [Functional Units, Unit Deduction Amounts, Rectification Periods] as being linked to the first Functional Unit;
View Source
Linked Unit means a linked unit comprising 1 (one) ordinary share of no par value in the share capital of the Company indivisibly linked to 1 (one) unsecured variable rate debenture issued by the Company;
View Source
Linked Unit means one ordinary share in the share capital linked to one Debenture in
View Source
Linked Unit means a linked unit comprising 1 (one) Ordinary Share and 1 (one) Debenture in the Company, as contemplated in article 5.2;
View Source
Linked Unit means a room or an area which is designated in Appendix 8A [Functional Units] as being linked to a Functional Unit;
View Source

Related to Linked Unit

  • Designated Unit means information technology devices (e.g. hard disks or central processing units) identified by Licensee pursuant to this Agreement that have been officially made known to the public as appropriate for Use or interoperation with the Software.

  • Share Unit means either an RSU or a PSU, as the context requires.