Profits Interest Units

Example Definitions of "Profits Interest Units"
Profits Interest Units. To the extent authorized by the Partnership Agreement, a unit of the Operating Partnership that is granted pursuant to Section 9 of this Plan and is intended to constitute a "profits interest" within the meaning of the Code.
Found in NEXPOINT DIVERSIFIED REAL ESTATE TRUST contract
Profits Interest Units. To the extent authorized by the Partnership Agreement, a unit of the Operating Partnership OP that is granted pursuant to Section 9 of this Plan and is intended to constitute a "profits interest" within the meaning of the Code.
Found in VINEBROOK HOMES TRUST, INC. contract
View Variation Arrow
Profits Interest Units. Shall mean a Common Unit granted as a "profits interest" unit pursuant the Operating Agreement and the Plan.
Found in MAXYGEN INC contract
All Definitions