Common use of Equity Interest Clause in Contracts

Equity Interest. (a) with respect to a corporation, any and all shares of capital stock and any Commitments with respect thereto, (b) with respect to a partnership, limited liability company, trust or similar Person, any and all units, interests or other partnership, limited liability company, trust or similar interests, and any Commitments with respect thereto, and (c) any other direct or indirect equity ownership or participation in a Person (including any incentive distribution rights).

Appears in 22 contracts

Samples: Limited Liability Company Agreement (Spectra Energy Partners, LP), Limited Liability Company Agreement (Spectra Energy Partners, LP), Limited Liability Company Agreement (Spectra Energy Partners, LP)

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Equity Interest. Any and all shares, partnership or member interests, participations or other equivalents (ahowever designated) with respect to of capital stock of a corporation, corporation and any and all shares of capital stock equivalent ownership interests in a Person which is not a corporation and any Commitments with respect thereto, (b) with respect to a partnership, limited liability company, trust or similar Person, any and all unitswarrants, interests options or other partnership, limited liability company, trust or similar interests, and rights to purchase any Commitments with respect thereto, and (c) any other direct or indirect equity ownership or participation in a Person (including any incentive distribution rights)of the foregoing.

Appears in 3 contracts

Samples: Secured Term Loan Agreement (First Potomac Realty Trust), Term Loan Agreement (First Potomac Realty Trust), Revolving Credit Agreement (First Potomac Realty Trust)

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Equity Interest. (a) with respect to a corporation, any and all shares of capital stock and any Commitments with respect thereto, (b) with respect to a partnership, limited liability company, trust or similar Person, any and all units, interests or other partnership, limited liability company, trust or similar interests, and any Commitments with respect thereto, and (c) any other direct or indirect equity ownership or participation in a Person (including any incentive distribution rights).and

Appears in 1 contract

Samples: Limited Liability Company Agreement

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