Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.
Incentive Unit means an Award of a contractual right granted under Section 7 to receive Common Stock (or, at the discretion of the Committee, cash based on the Fair Market Value of the Common Stock) which may become vested and nonforfeitable upon either the passage of time and/or the attainment, in whole or in part, of performance objectives determined by the Committee.
Class B Units means the Class B Units of the Company.
Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.
Class A Common Units has the meaning set forth in Section 3.1.
Core Units means such Units of the Trust that are issued to Core Investors with the condition that these are not redeemable for a period of two years from the close of the First Offer Period. Such Units are transferable with this condition, but otherwise shall rank pari passu with all other Units, save for this restriction. Any transfer of the Core Units, during the first two years of their issue as mentioned herein, shall be affected only on the receipt by the Registrar of a written acceptance of this condition by the transferee.
Class A LP Units means the Class A limited partnership units of the Partnership.
Class B Common Units has the meaning set forth in Section 1(a) hereof.
Class B Initial Investor Interest means the aggregate initial principal amount of the Class B Certificates, which is $56,250,000.
Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).
Class A Common Shares means the shares of Class A Common Stock, par value $0.08 per share, of the Company, having such rights associated with such Class A Common Shares as set forth in the governing documents of the Company, including the Company’s Bye-laws, and any Equity Securities issued or issuable in exchange for or with respect to such Class A Common Shares (i) by way of dividend, split, subdivision, conversion or consolidation of shares or (ii) in connection with a reclassification, recapitalization, merger, consolidation, going private, tender offer, amalgamation, change of control, other reorganization or similar transaction.
Class B Investor Interest means, on any date of determination, an amount equal to (a) the Class B Initial Investor Interest, minus (b) the aggregate amount of principal payments made to Class B Certificateholders prior to such date, minus (c) the aggregate amount of Class B Investor Charge-Offs for all prior Transfer Dates pursuant to subsection 4.10(b), minus (d) the amount of the Reallocated Class B Principal Collections allocated pursuant to subsection 4.12(a) on all prior Transfer Dates for which the Collateral Interest has not been reduced, minus (e) an amount equal to the amount by which the Class B Investor Interest has been reduced on all prior Transfer Dates pursuant to subsection 4.10(a) and plus (f) the aggregate amount of Excess Spread allocated and available on all prior Transfer Dates pursuant to subsection 4.11(d), for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, however, that the Class B Investor Interest may not be reduced below zero.
Vested LTIP Units has the meaning set forth in Section 4.04(c) hereof.
Class B Common Shares means shares of the Class B Common Stock, par value $.01 per share, of the Company.
Class A Common Stock means the Class A Common Stock, par value $.01 per share, of the Company.
Class C Common Stock means the Class C Common Stock, par value $0.01 per share, of the Company.
Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.
Unvested LTIP Units has the meaning set forth in Section 4.04(c) hereof.
Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class B Ordinary Share and having the rights provided for in these Articles;
Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).
Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 3.3.
Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.
Class C Units shall have the meaning set forth in the preface.
Class C Shares means Shares of any Class C Share Class;
Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of the Company.
Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.
