Per Unit Value definition

Per Unit Value means (a) the Bonus Pool with respect to any Fund as of the applicable Bonus Determination Date divided by (b) the aggregate number of Units allocable with respect to such Fund, as of the applicable Bonus Determination Date, as determined by the Committee. For avoidance of doubt, the Per-Unit Value shall account for any adjustment approved by the Committee to issue or re-issue or allocate or re-allocate unallocated or forfeited Units.

Per Unit Value. -- means the excess of the Market Value of a Share on the last day of the Quarter in which the Phantom Stock Unit is earned over $21.00, but such Market Value shall be limited to $36.25 prior to the earlier of a Change in Control or the Board of Directors of the Corporation approving a proposal or transaction that could result in a Change in Control.

Per Unit Value means (a) the Bonus Pool with respect to any Fund as of the applicable Bonus Determination Datedivided by (b) the aggregate number of Units allocable with respect to such Fund, as of the applicable Bonus Determination Date.

Per Unit Value means (i) $10.50 less (ii) the exercise price for each share of Acquired Corporation Stock subject to such option or warrant. Schedule 3.1 to the Acquired Corporation’s Disclosure Supplement sets forth the names of all persons holding Acquired Corporation Options and Acquired Corporation Warrants, the number of shares of Acquired Corporation common stock subject to such options and warrants, the exercise price and the expiration date of such options and warrants.

Per Unit Value increments shall be granted to newly employed bargaining unit members in accordance with semester units of upper division college or university courses successfully completed.

Per Unit Value means, (a) $16.10 per each Opco Common Unit and (b) $.05 per each Class B Unit.

Per Unit Value. — means, on any given date, the amount derived by dividing the most recently determined Aggregate Value by the then-current number of Units Outstanding. The Board may, in its sole discretion, provide that the Per Unit Value under certain circumstances or in certain cases be calculated by reference to a subsequent or earlier Aggregate Value.

Per Unit Value increments will not be granted for upper division units taken before the Baccalaureate Degree is granted except when such units have been accrued during the semester of graduation.

Per Unit Value means an amount equal to the quotient of (A) an amount equal to the excess of (a) the sum of (1) $798,177,089, plus (2) the value ascribed by the Master Partnership as of the date of acquisition of all additional non-cash assets acquired by the Master Partnership following the consummation of the Exchange, other than to the extent acquired with sales or financing proceeds or in exchange for securities that are not equity securities (i.e., securities conferring creditors' rights on the holders thereof at the time of issuance), but including assets acquired in exchange for securities that may be converted into or are exchangeable for Units or other equity securities of the Master Partnership at the option of either (or both) of the Master Partnership or the holders of such securities, plus (3) the amount of net current assets (i.e., cash (other than from sales or financing proceeds) and current receivables, less current payables) of the Master Partnership at the time of the Closing, plus (4) the aggregate amount of principal payments made from cash derived from the operations of the Master Partnership with respect to (x) the loan to the Master Partnership (the "Fleet Loan") contemplated to be made by Fleet National Bank and the other lenders (collectively, "Fleet"), (y) any other loan to the Master Partnership the proceeds of which were distributed to the holders of Units and (z) any loan to the extent the proceeds of such loan are used to refinance a loan described in (x) or (y) of this clause (4), over (b) the sum of (1) the aggregate amount of sales and financing proceeds distributed to holders of the Units at any time following the consummation of the Exchange, including, without limitation, distributions made to the holders of Units from the proceeds of the Fleet Loan, plus (2) the aggregate liquidation preference amount of all equity securities (other than Units) of the Master Partnership that are not convertible into or exercisable or exchangeable for Units, divided by (B) the sum of (1) the number of Units outstanding at the time of the Closing, plus (2) the number of Units that may be issued with respect to any convertible or exchangeable securities, options, warrants or similar rights which are then outstanding that entitle the holder thereof to acquire Units.