Minimum Number of Units definition

Minimum Number of Units means the number specified as such in the related Confirmation.
Minimum Number of Units means such number of Units of a Class having such value as the Manager may from time to time prescribe as the minimum number or value of Units which any Holder is required to hold.
Minimum Number of Units means such number of Units of MYF having such value as the Manager may from time to time prescribe as the minimum number or value of Units which any Holder is required to hold. Until such time as the Manager otherwise prescribes the Minimum Number of Units for the Fund shall be fifty (50).¶

Examples of Minimum Number of Units in a sentence

  • Purchases and Cash Advances made in currencies other than U.S. Dollars will be converted to U.S. Dollars under the operating regulations or foreign currency conversion procedures established by Visa® or MasterCard® then in effect.

  • If Customer uses more than the Minimum Number of Units in any billing period, Customer will pay an additional amount equal to the number of metered Units exceeding the agreed Minimum Included Units times the Excess Charge as shown on the face of this Contract.

  • Unless at least the Minimum Number of Units have been sold during the Offering Period (as the same may be extended by the mutual agreement of the Selling Agent and the Seller), the Offering will be terminated at the end of the Offering Period, no Offered Securities will be sold in the Offering and all subscription proceeds will be refunded to subscribers by the Escrow Agent, without interest thereon.

  • Customer acknowledges that in no event shall the Customer be entitled to any refund or rebate of the Minimum Payment if metered units result in less than the Minimum Number of Units in any billing period.

  • If subscriptions for at least the Minimum Number of Units are received by the end of the Offering Period (as the same may be extended by the mutual agreement of the Selling Agent and the Seller), a closing (the “First Closing”) will occur as soon as possible after subscriptions for the Minimum Number have been accepted by the Seller.

  • TBS will determine the number of supplies to be shipped based on the Minimum Number of Units and Excess Units metered.

  • Minimum Number of Units: Zero Maximum Number of Units: Number of Units Integral Multiple: Not Applicable Automatic Exercise: As provided above under “Required Exercise on Conversion Dates”.

  • If subscriptions for at least the Minimum Number of Units are received by the end of the Offering Period (as the same may be extended by the mutual agreement of the Selling Agent and the Seller), a closing (the “First Closing”) will occur as soon as possible after subscriptions for the Minimum Number have been accepted by the Seller and all other conditions precedent to closing have occurred to the sole satisfaction of the Selling Agent.

  • If, by the Termination Date, collected funds representing the Minimum Number of Units have been deposited with the Escrow Agent, such funds shall be paid to the Partnership by the Escrow Agent and the Partnership shall thereupon pay to you amounts payable pursuant to paragraph 4(a) hereof.

  • In the event the Minimum Number of Units are not sold (as described in the Memorandum) by the Termination Date or any extension thereof, this agreement shall be of no further force and effect (except with respect to the Company's obligation to return the Purchase Price to the Investor).


More Definitions of Minimum Number of Units

Minimum Number of Units means the number of Units (to include fractions of Units) or as the Mangers may permit or prescribe from time to time and as set out in the Prospectus in relation to any particular class or classes, provided that in each case, the Managers may waive the requirement to have a Minimum Number of Units either generally or in any particular case, at their discretion;
Minimum Number of Units means the equivalent of 15,500 Common Units assuming the conversion of any Preferred Units in accordance with the terms of such Preferred Units (as adjusted for any split, combination or recapitalization of Units).
Minimum Number of Units in relation to any Trust means such number of Units of that Trust as set out in the relevant Establishment Deed or otherwise as may be determined by the Manager from time to time as the minimum number of Units which may be held by an Investor or the dollar value that is the equivalent to that number of Units calculated at the current Unit Value;
Minimum Number of Units. With respect to any Designated Repurchase Units, not applicable, and with respect to all other ▇▇▇▇▇, ▇ (zero). Maximum Number of Units: With respect to any Designated Repurchase Units, not applicable, and with respect to all other Units, the Number of Units.
Minimum Number of Units means in respect of the Fund, the number of Units indicated in the relevant Supplementary Prospectus or as the Manager may from time to time prescribe.

Related to Minimum Number of Units

  • Number of Units means, for each Order, the license entitlement under the applicable license model for each Product, and for multiple Orders, collectively, the cumulative entitlement to each.

  • Minimum Number means three percent (3%) of the number of outstanding shares of common stock of the Corporation as of the most recent date for which such amount is given in any filing by the Corporation with the Securities and Exchange Commission prior to the submission of the Nomination Notice.

  • Maximum Number of Shares is defined in Section 2.1.4.

  • Programme Maximum Number of ETP Securities means 1,000,000,000.

  • Maximum Number means that number of directors constituting the greater of (x) two and (y) 20% of the total number of directors of the Corporation on the last day on which a Nomination Notice may be submitted pursuant to this Section 3.11 (rounded down to the nearest whole number), which number shall be reduced as set forth in Section 3.11.c.i.