BHCA Interest definition

BHCA Interest means, as of the date of any determination, that portion of the Commitment or Capital Contributions of a BHCA Partner that exceeds 4.99% (or if modified by the BHCA without regard to Section 4(k) of the BHCA, such modified percentage) of total Commitments or Capital Contributions, respectively, of the Limited Partners (other than BHCA Interests and any other Limited Partner interests that are non-voting) that are not Defaulting Partners. Each BHCA Partner and any Affiliate of such BHCA Partner that itself is a BHCA Partner shall be considered a single BHCA Partner for purposes of determining “BHCA Interest.”
BHCA Interest means, as of the date of any determination, that portion of the Commitment or Capital Contributions of a BHCA Partner that exceeds 4.99% (or if modified by the BHCA without regard to Section 4(k) of the BHCA, such modified percentage) of total Commitments or Capital Contributions, respectively, of the Limited Partners (other than BHCA Interests and any other Limited Partner interests 2 Request structure chart covering all entities including operating partners to be provided by General Partner. that are non-voting) that are not Defaulting Partners. Each BHCA Partner and any Affiliate of such BHCA Partner that itself is a BHCA Partner shall be considered a single BHCA Partner for purposes of determining “BHCA Interest.”
BHCA Interest means, as of the date of any determination, that number of shares of Voting Common Stock (or other voting stock) of a BHCA Holder which exceeds 4.99% of the total number of shares of Voting Common Stock (or other voting stock), other than other BHCA Interests, of the class of Common Stock (or other stock) to

Examples of BHCA Interest in a sentence

  • Any BHCA Interest shall be a non-voting interest in this Corporation (whether or not subsequently transferred in whole or in part to any other Person) except as provided in the following sentence.

  • Except as provided in this section, a BHCA Interest shall be identical in all regards to all other shares of Voting Common Stock (or other voting stock) of the class of Voting Common Stock (or other voting stock) to which such BHCA Interest belongs.


More Definitions of BHCA Interest

BHCA Interest means, as of the date of any determination, that portion of the Capital Commitment or Funded Contribution of a BHCA Investor that exceeds 4.99% (or such other amount as may be allowed as a permitted voting equity interest under the BHCA) of total Capital Commitments or Funded Contributions of the Partners (other than BHCA Interests and other non-voting interests), respectively.
BHCA Interest means, as of the date of any determination, that portion of the Capital Commitment or Capital Contributions of a BHCA Limited Partner that exceeds 4.99% (or if modified by the BHCA without regard to BHCA §4(k), such modified percentage) of total Capital Commitments or Capital Contributions, respectively, of the Limited Partners (other than BHCA Interests and any other Limited Partner interests, if any, that are non-voting interests) that are not Defaulting Limited Partners. Each BHCA Limited Partner and any affiliate of such BHCA Limited Partner that itself is a BHCA Limited Partner shall be considered a single BHCA Limited Partner for purposes of determining “BHCA Interest.”

Related to BHCA Interest

  • Economic Interest means a Person’s right to share in the income, gains, losses, deductions, credits, or similar items of the Company, and to receive Distributions from the Company, but excluding any other rights of a Member, including the right to vote or to participate in management, or, except as may be provided in the Act, any right to information concerning the business and affairs of the Company.