Compensatory Interests definition

Compensatory Interests shall have the meaning set forth in Section 7.6(a) hereof.
Compensatory Interests has the meaning given such term in Section 3.4(c)(i).
Compensatory Interests means the interest applicable under section 9.1 and calculated according to the Interest Rate.

Examples of Compensatory Interests in a sentence

  • Any such Safe Harbor Election shall be binding on the Partnership and on all of its Partners with respect to all Transfers of Compensatory Interests thereafter made by the Partnership, except for any such Transfers made after revocation of such Safe Harbor Election.

  • Any such Safe Harbor Election shall be binding on the LLC and on all of its Members with respect to all Transfers of Compensatory Interests while a Safe Harbor Election is in effect.

  • Each Member, by signing this Agreement or by accepting such Transfer, hereby agrees to comply with all requirements of the Safe Harbor Election with respect to all Compensatory Interests while the Safe Harbor Election remains effective.

  • The Capital disbursed and lent under the Loan, shall accrue Compensatory Interests at an annual nominal fixed rate of 6,5% (six point five percent).

  • All payment of Capital, Compensatory Interests and Penalty Interests, commissions, costs and expenses, if applicable, and any other amount that for whatever reason should be paid by the Borrower to the Banks under the Loan, shall be made exclusively in US Dollar bills as fundamental condition of this Agreement and cannot be paid in other currency or another place, whether that is provided by final judgment with status as res judicata or otherwise.


More Definitions of Compensatory Interests

Compensatory Interests has the meaning given to it in Section 7.2(c)(ii).
Compensatory Interests has the meaning set forth in Section 4.5(c).
Compensatory Interests are the compensatory interests payable by the Borrower under the Loan according to VI and amendments.
Compensatory Interests means Membership Interests or options to purchase Membership Interests or other securities pursuant to employee or consultant incentive equity plans or agreements approved by the Board.
Compensatory Interests at liquidation value (the “Safe Harbor Election”), as the same may be permitted pursuant to or in accordance with the finally promulgated successor rules to Proposed Treasury Regulations Section 1.83-3(l) and Internal Revenue Service Notice 2005-43 (collectively, the “Proposed Rules”). The Company shall make any allocations of items of income, gain, deduction, loss or credit (including elections as to allocation periods) necessary or appropriate to effectuate and maintain the Safe Harbor Election.
Compensatory Interests means any Units, restricted Units, Unit appreciation rights, phantom Units or options to purchase Units that are issued by the Company to its employees pursuant to an employee compensation plan that has been approved by the Board.
Compensatory Interests has the meaning set forth in Section 3.06(b)(i). “Confirmation Order” has the meaning set forth in the Recitals. “Contributed Claims” has the meaning set forth in the Recitals. “Control,” “Controlled” and “Controlling” mean the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of voting Securities, by contract or otherwise. “Control Sale” has the meaning set forth in Section 8.06(a). “Covered Business” has the meaning set forth in Section 8.10(b). 3 Note to Draft: Assumes MIP will be in the form of profits interests. Draft to be updated if the company will check the box to file as a corporation.