Aggregate Issued Units

Aggregate Issued Units. Means, as of any date and with respect to any Grantee, the total number of Operating Units and Liquidating Floor Units that are Vested Units and were transferred by the General Partner and the Partnership to such Grantee pursuant to one or more Grant Agreements through such date, and for this purpose, any Profit Units that were issued to a Grantee and not converted pursuant to Section 1.4 of the Agreement shall be treated as Operating Units and Liquidating Floor Units transferred by the General... Partner and the Partnership to the Grantee. View More