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Entitlement date, entitlement event and performance benchmark
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....nchmark for reclassification of subordinate units to ordinary units shall be clearly defined and specified in the Term Sheet. (2) The performance benchmark for reclassification of subordinate units shall be quantifiable, objective and based on the audited financial statements. (3) The minimum time period between the issuance of subordinate units and entitlement date for reclassification of t....
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....or an order of any court or authority; (d) the explanatory statement to the notice of unitholders meeting convened for seeking approval for the extension in entitlement date shall disclose the reasons for proposing such extension and the potential impact on account of such extension on the ordinary unitholders, including any potential dilution of their beneficial interest in the InvIT; an....