Distribution Equivalent Units

Example Definitions of "Distribution Equivalent Units"
Distribution Equivalent Units. Means a number of Class D Units equal to the quotient obtained by dividing (x) the excess of (A) the value of all dividends paid by the Company during the Performance Period in respect of that number of shares of Stock equal to the number of Class D Units that become Performance Vested Base Units (or, solely for purposes of Section 5(b)(ii) below, the number of Pro Rata Performance Vested Units) as of the completion of the Performance Period, over (B) the amount of any distributions made by the... Partnership pursuant to Section 5.1 and Section 19.2.B(ii) of the Partnership Agreement to Grantee during the Performance Period in respect of the Class D Units, plus (or minus) the amount of gain (or loss) on such excess dividend amounts had they been reinvested in Stock on the date that they were paid (at a price equal to the closing price of the Stock on the applicable dividend payment date), by (y) the Share Value as of last day of the Performance Period. View More
Found in Digital Realty Trust Inc contract
Distribution Equivalent Units. Means a A number of Class D A Units equal to the quotient obtained by dividing (x) the excess of (A) the value of all dividends paid by the Company during the Performance Period in respect of that number of shares of Stock Shares equal to the number of Class D A Units that become Performance Vested Base Units (or, solely for purposes of Section 5(b)(ii) 4(b) below, the number of Pro Rata Performance Vested CIC Base Units, and solely for purposes of Section 5(b) below, the number of Qualifying... Termination Base Units) as of the completion of the Performance Period, Period (or the date of a Change in Control, as applicable), over (B) the amount of any distributions made by the Partnership pursuant to Section 5.1 5.02 and Section 19.2.B(ii) 13.02(a)(ii) of the Partnership Agreement to Grantee the Participant during the Performance Period in respect of the Class D A Units, plus (or minus) the amount of gain (or loss) on such excess dividend amounts had they been reinvested in Common Stock on the date that they were paid (at a price equal to the closing price of the Common Stock on the applicable dividend payment date), by (y) the Share Value as of last day of the Performance Period. Period (or the date of a Change in Control, as applicable). View More
Found in Xenia Hotels & Resorts, Inc. contract
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Distribution Equivalent Units. Means a number of Class D Units equal to the quotient obtained by dividing (x) the Distribution Amount by (y) the Share Value as of last day of the Performance Period.
Found in Digital Realty Trust Inc contract
Distribution Equivalent Units. Means a number of Class D Units equal to the quotient obtained by dividing (x) the Distribution Amount by (y) the Share Value as of last day of the Performance Period (or, solely for purposes of Section 5(b)(ii) below, the Share Value as of the date of the Participant's death).
Found in Digital Realty Trust Inc contract
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