Unit Holder


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Unit Holder

1. The owner of a combination of securities or types of securities that have been packaged together and bought and sold as one. For example, a unit holder may own a preferred share with warrants and/or common shares attached to it. See also: Paired shares, Cum warrant.

2. The owner of a portion of a company other than a corporation. For example, a unit holder may own part of a limited liability company.
References in periodicals archive ?
The requirements stipulate that the cooling-off right, cooling-off period and procedure to exercise such right shall be adequately disclosed in the investment form signed by the unit holder at the time of purchase of units.
Furthermore, the AMCs are required to obtain duly signed acknowledgement from the unit holder to ascertain that all the terms and conditions along with details of sales load to be deducted, have been read and understood by the unit holder.
Each unit holder should consult with his, her or its own investment, tax and legal advisors in deciding whether or not to tender units in response to the Offer.
These distributions will be paid on 13 March 2015 to the respective unit holders of record as of 27 February 2015.
Moreover, unit holders may also wish to consider the following:
This special distribution to unit holders of record at the close of business on 31 December 2014 will comprise of USD0.
A Growth Unit holder having 100 units of MCF as at March 31, 2010 will get 2.
A Growth Unit holder having 100 units of MIIF as at March 20, 2012 will get 3.
Freedom notes, however, that the administrative fee of $100 per selling investor may substantially reduce the net sales proceeds received by a selling unit holder.
Independence IV notes, however, that the administrative fee of $100 per selling investor may substantially reduce the net sales proceeds received by a selling unit holder.
All units accepted in the offer will be purchased at the same price per unit even if a unit holder tendered at a lower price, SPLP said adding that the company reserves the right in the offer to purchase up to an additional 2% of its common units outstanding.
The tender offer is being conducted as a modified 'Dutch Auction', which means that if eligible unit holders elect to participate, they must specify the minimum tender offer consideration they would be willing to receive in exchange for each unit the unit holder chooses to tender in the offer.

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