Economic Interest. “Economic Interest” means a Person’s right to share in the Profits and Losses of, and the right to receive distributions and allocations from, the Company.
Economic Interest. Economic Interest" means a Member's Economic Interest Owner's share of the Company's Profits, Losses, Net Cash Flow, and other distributions of the Company's assets pursuant to this Agreement and the Act, but shall not include any right to participate in the management of affairs of the Company, including, without limitation, the right to vote on, consent to, or otherwise participate in any decision of the Members, all as provided in Section 6.2.
Economic Interest. The right of a Member to receive allocations of Profits and Losses, Distributions and returns of capital, as provided in Article IX, and distribution of assets upon a dissolution of the Company, as provided in Article XIV.
Economic Interest. An Equity Owner’s share of one or more of the Profits, Losses, and Distributions pursuant to this Agreement and the Act, but not including any right to participate in the management or affairs of the Company, such as the right to Approve or otherwise participate in any decision of the Members or Manager.
Economic Interest. Commencing on the Effective Date, each time that Borrower requests an advance of principal under the Note (a “Borrower Advance”), Assignor shall notify Assignee in writing of the principal amount requested by Borrower and the wire transfer and funding instructions. Thereafter, Assignee shall fund an amount to Assignor equal to the amount of the Borrower Advance and upon such funding, Assignee shall own the Economic Interest related to the Borrower Advance so funded by Assignee. Assignor shall clearly notate the Economic Interest of Assignee in its books and records by marking each Borrower Advance funded by Assignee and notating that the Economic Interest for such Borrower Advance is owned by Assignee. Each time Assignee funds a Borrower Advance, Assignee’s Economic Interest shall be increased accordingly.
Economic Interest. No Member shall have the right to, directly or indirectly, Transfer all or any part of its Economic Interest absent the unanimous written consent of the Members, which consent may be withheld by any Member in its sole and absolute discretion, except for a transfer of all or a part of such Economic Interest to any of such Member's Affiliates. Each Member hereby acknowledges the reasonableness of the restrictions on Transfer of Economic Interests imposed by this Section 8.2 in view of the Company's purpose and the relationship of the Members. Accordingly, the restrictions on Transfer of Economic Interests contained in this Section 8.2 shall be specifically enforceable. Any purported or attempted Transfer of an Economic Interest not made in accordance with the terms and provisions of this Section 8.2 shall be null and void and of no effect.
Economic Interest. Kepentingan ekonomi yang berupa tambahan nilai secara ekonomi dalam hubungannya dengan negara lain dimana hubungan perdagangan yang dilakukan dengan negara lain akan memberikan keuntungan.
Economic Interest. 28.1 CAM-Colorado and Contractor shall each be deemed to have an economic interest in the coal. Contractor shall have the full right of percentage depletion or other depletion with respect thereto for income tax purposes.
Economic Interest. The Economic Interest in the Charter Parties for Unassigned Charter Vessels shall be transferred to the Buyers on Closing and administered in accordance with clause 6.
Economic Interest. (a) Concurrently with the execution of this Agreement, EP I shall grant the System a 50% Economic Interest (as hereinafter defined) in the Ridgeland Facility (the "Economic Interest Assignment").
(b) For purposes hereof, the term 50% Economic Interest" shall mean a 50% interest in the Net Profits, Net Losses and Net Cash Proceeds (as hereinafter defined) of the Ridgeland Facility. For purposes hereof, the term "Net Profits" and "Net Losses" shall mean the net operating profits or net operating losses of the Ridgeland Facility, after the payment of all 1
