Financial Rights means a Member's rights as a member of the LLC (a) to share in Net Income and Net Loss to the extent provided in this Agreement, and (b) to share in distributions to the extent provided in this Agreement.
Financial Rights means a member's rights:
Financial Rights means a Person’s rights to share in Profits and Losses of, and distributions from, the Company.
Examples of Financial Rights in a sentence
A Transferee shall only have Financial Rights and shall not have Voting Rights unless admitted as a new Member by the Members.
More Definitions of Financial Rights
Financial Rights means the right to participate in allocations and distributions as provided in parts 10 and 12 of this article but does not include rights or obligations under a marketing contract governed by part 7 of this article.
Financial Rights means financial rights associated with Units originally held by the Founding Members that the Founding Members were permitted by the Company to assign to Financial Assignees, with the Founding Members permitted to assign an aggregate amount of up to $7 million in total of such Financial Rights.
Financial Rights means the right to participate in allocations and distributions as provided in RCW 23.100.0801 through 23.100.0809 and 23.100.1001 through 23.100.1013 but does not include rights or obligations under a marketing contract.
Financial Rights means the right to receive distributions of funds and allocations of income, gain, loss, deduction and credit.
Financial Rights means the right to participate in
Financial Rights means a Member's rights to (a) a Capital Account; (b) a Percentage Interest in Company Profits, Losses and Distributions; (c) payments (if any) under the terms and conditions of Article 13 upon the Member's termination or other withdrawal and (d) the Member's limited right to Transfer such rights according to Article 12.
Financial Rights means the right to participate in allocations and distributions as provided in Part 10, Contributions, Allocations, and Distributions, and Part 12, Dissolution, but does not include rights or obligations under a marketing contract governed by Part 7, Marketing Contracts.