Derivative Share definition

Derivative Share of a shareholder in Roxbury at any time means the portion of the LLC Interests then held by Roxbury and indirectly held by such shareholder, which portion shall be determined in accordance with the following formula: Derivative All of the Common The percentage of the Share = Membership Points then x outstanding shares of held by Roxbury Roxbury common stock held by such shareholder For example, if (i) a shareholder owns 10% of the outstanding shares of Roxbury common stock and (ii) Roxbury owns 75.44 Common Membership Points, then the shareholder's Derivative Share equals 75.44 x .10 = 7.544 Common Membership Points.
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Derivative Share means the portion of the outstanding LLC Interests of the Company represented by the indirect, pecuniary interest of a shareholder of CRM, Inc. in CRM, Inc.'s LLC Interest which portion shall be determined, at any time, in accordance with the following formula: Derivative CRM, Inc.'s The percentage of the Share = LLC Interest in outstanding shares of the Company x CRM, Inc. held by such individual For example, if (i) an individual owns 10% of the outstanding shares of CRM, Inc. and (ii) CRM, Inc. owns a 75.77 LLC Interest, then the individual's Derivative Share equals .7577 x .10 = 7.57%.
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Derivative Share means the portion of the outstanding LLC Interests of the LLC represented by the indirect, pecuniary interest of a shareholder of Xxxxx Xxxx in Xxxxx Xxxx LLC's Interest, which shall be determined, at any time, in accordance with the following formula: Derivative Xxxxx Xxxx'x The percentage of the Share = LLC Interest in x outstanding shares of the LLC Xxxxx Xxxx held by that individual
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Examples of Derivative Share in a sentence

  • XxXxxxx and his Permitted Transferees own a combined LLC Interest and Derivative Share that exceeds 10% of the outstanding LLC Interests, he or his designee shall be a Manager.

  • Notwithstanding the foregoing limitations of this Section 7.2(c), Roxbury may exercise a Put following an Extraordinary Event with respect to a Founding Principal or the exercise of a Wilmington Call with respect to the LLC Interests of a Founding Principal; provided, however, that the number of Common Membership Points that are the subject of such Put shall not exceed the Derivative Share of such Founding Principal (a "Special Roxbury Put").

  • Xxxxxx and his Permitted Transferees own a combined LLC Interest and Derivative Share that exceeds 10% of the outstanding LLC Interests, he or his designee shall be a Manager.

  • Working collaboratively with these organisations would help HACC service providers tap into the communities to deliver information sessions about the services available with them and how they can be accessed by them.

  • If that right is exercised, that Principal, that Principal's estate, that Principal's Permitted Transferees and/or Xxxxx Xxxx, as the case may be, shall be obligated to sell to the Other Principals all or any portion of that Principal's and his or her Permitted Transferees' LLC Interests and associated Membership Points and the Derivative Share of Xxxxx Xxxx'x LLC Interest attributable to that Principal (or that portion as the Other Principals agree to purchase).

  • Any former stockholders of the Company or holders of Options, SARs or restricted stock units who have not complied with this Section 2.02 or received payment under Section 2.04 prior to the end of the applicable escheat period shall thereafter look to Parent and the Surviving Corporation but only as general creditors thereof for payment of their claim for the Merger Consideration or the Derivative Share Consideration, without any interest thereon.

  • Table 3 displays the results of the Fixed Effects GLS regression.

  • After payment of the Merger Consideration and the Derivative Share Consideration, any interest or income produced by such investments will be payable to the Surviving Corporation or Parent, as Parent directs.

  • Derivative Share Options can be bought and sold through brokers or on-line brokers, just like shares.

  • Notwithstanding anything to the contrary herein, the Other Principals and Holdings shall not be obligated to purchase any or all of that Principal's and his or her Permitted Transferees' LLC Interests and associated Membership Points or the Derivative Share of Xxxxx Xxxx'x LLC Interest attributable to that Principal, and any rights granted by this Section 7.3(a) may be exercised in whole or in part.

Related to Derivative Share

  • Derivative Interest means any derivative securities (as defined under Rule 16a-1 under the Exchange Act) that increase in value as the value of the underlying equity increases, including, but not limited to, a long convertible security, a long call option and a short put option position, in each case, regardless of whether (i) such interest conveys any voting rights in such security, (ii) such interest is required to be, or is capable of being, settled through delivery of such security or (iii) transactions hedging the economic effect of such interest.

  • Derivative Security means any right, option, warrant or other security convertible into or exercisable for Common Stock.

  • Derivative Product means a written contract or agreement between the Authority and a Reciprocal Payor, which provides that the Authority’s obligations thereunder will be conditioned on the absence of (a) a failure by the Reciprocal Payor to make any payment required thereunder when due and payable, or (b) a default thereunder with respect to the financial status of the Reciprocal Payor; and:

  • Derivative Securities means any securities or rights convertible into, or exercisable or exchangeable for (in each case, directly or indirectly), Common Stock, including options and warrants.

  • Derivative Instrument with respect to a Person, means any contract, instrument or other right to receive payment or delivery of cash or other assets to which such Person or any Affiliate of such Person that is acting in concert with such Person in connection with such Person’s investment in the Notes (other than a Screened Affiliate) is a party (whether or not requiring further performance by such Person), the value and/or cash flows of which (or any material portion thereof) are materially affected by the value and/or performance of the Notes and/or the creditworthiness of the Issuer and/or any one or more of the Guarantors (the “Performance References”).

  • Short Derivative Instrument means a Derivative Instrument (i) the value of which generally decreases, and/or the payment or delivery obligations under which generally increase, with positive changes to the Performance References and/or (ii) the value of which generally increases, and/or the payment or delivery obligations under which generally decrease, with negative changes to the Performance References.

  • Derivative Transaction means any agreement, arrangement, interest or understanding entered into by, or on behalf or for the benefit of, any Proposing Shareholder or any of its affiliates or associates, whether of record or beneficial: (1) the value of which is derived in whole or in part from the value of any class or series of shares or other securities of the Company, (2) which otherwise provides any direct or indirect opportunity to gain or share in any gain derived from a change in the value of securities of the Company, (3) the effect or intent of which is to mitigate loss, manage risk or benefit of security value or price changes, or (4) which provides the right to vote or increase or decrease the voting power of, such Proposing Shareholder, or any of its affiliates or associates, with respect to any shares or other securities of the Company, which agreement, arrangement, interest or understanding may include, without limitation, any option, warrant, debt position, note, bond, convertible security, swap, stock appreciation right, short position, profit interest, hedge, right to dividends, voting agreement, performance-related fee or arrangement to borrow or lend shares (whether or not subject to payment, settlement, exercise or conversion in any such class or series), and any proportionate interest of such Proposing Shareholder in the securities of the Company held by any general or limited partnership, or any limited liability company, of which such Proposing Shareholder is, directly or indirectly, a general partner or managing member.

  • Derivative Instruments means any and all derivative securities (as defined under Rule 16a-1 under the Exchange Act) that increase in value as the value of any Equity Securities of the Company increases, including a long convertible security, a long call option and a short put option position, in each case, regardless of whether (i) such derivative security conveys any voting rights in any Equity Security, (ii) such derivative security is required to be, or is capable of being, settled through delivery of any Equity Security or (iii) other transactions that hedge the value of such derivative security.

  • Derivative Transactions means any swap transaction, option, warrant, forward purchase or sale transaction, futures transaction, cap transaction, floor transaction or collar transaction relating to one or more currencies, commodities, bonds, equity securities, loans, interest rates, prices, values, or other financial or non-financial assets, credit-related events or conditions or any indexes, or any other similar transaction or combination of any of these transactions, including any collateralized debt or equity instruments evidencing or embedding any such types of transactions, and any related credit support, collateral or other similar arrangements related to such transactions.

  • Cooperative Shares Shares issued by a Cooperative Corporation.

  • Variable Priced Equity Linked Instruments shall have the meaning ascribed to such term in Section 4.13.

  • OTC derivative or ‘OTC derivative contract’ means a derivative contract the execution of which does not take place on a regulated market as within the meaning of Article 4(1)(14) of Directive 2004/39/EC or on a third-country market considered as equivalent to a regulated market in accordance with Article 19(6) of Directive 2004/39/EC;

  • Long Derivative Instrument means a Derivative Instrument (i) the value of which generally increases, and/or the payment or delivery obligations under which generally decrease, with positive changes to the Performance References and/or (ii) the value of which generally decreases, and/or the payment or delivery obligations under which generally increase, with negative changes to the Performance References.

  • Derivative Work means a work that is based on one or more preexisting works (such as a revision, translation, dramatization, motion picture version, abridgment, condensation, enhancement, modification, or any other form in which preexisting work may be recast, transformed, or adapted) which, if created without the authorization of the copyright owner of the preexisting work, would constitute copyright infringement.

  • Class A Unit means any Partnership Unit that is not specifically designated by the General Partner as being of another specified class of Partnership Units.

  • Derivative Contract means (a) any and all rate swap transactions, basis swaps, credit derivative transactions, forward rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options or forward bond or forward bond price or forward bond index transactions, repurchase transactions, interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions, currency options, spot contracts, or any other similar transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is governed by or subject to any master agreement, and (b) any and all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc., any International Foreign Exchange Master Agreement, or any other master agreement, including any such obligations or liabilities under any such master agreement.

  • Derivative Partnership Interests means any options, rights, warrants, appreciation rights, tracking, profit and phantom interests and other derivative securities relating to, convertible into or exchangeable for Partnership Interests.

  • Derivative Agreement means any currency, interest rate or other swap, cap, collar, guaranteed investment contract or other derivative agreement.

  • Derivative proceeding means a civil suit in the right of a domestic corporation or, to the extent

  • underlying interest means, for a derivative, the security, commodity, financial instrument, currency, interest rate, foreign exchange rate, economic indicator, index, basket, agreement, benchmark or any other reference, interest or variable, and, if applicable, the relationship between any of the foregoing, from, to or on which the market price, value or any payment obligation of the derivative is derived, referenced or based; and

  • Additional Book Basis Derivative Items means any Book Basis Derivative Items that are computed with reference to Additional Book Basis. To the extent that the Additional Book Basis attributable to all of the Partnership’s Adjusted Property as of the beginning of any taxable period exceeds the Aggregate Remaining Net Positive Adjustments as of the beginning of such period (the “Excess Additional Book Basis”), the Additional Book Basis Derivative Items for such period shall be reduced by the amount that bears the same ratio to the amount of Additional Book Basis Derivative Items determined without regard to this sentence as the Excess Additional Book Basis bears to the Additional Book Basis as of the beginning of such period.

  • Underlying Asset means the object or underlying asset in a CFD which may be Currency Pairs (for FX Contracts), Equity Indices, base or precious Metals, Forwards, Commodities, Stocks, Shares Indices and Futures. It is understood that the list is subject to change and Clients must refer each time on the Trading Platform.

  • Derivative Action means any Action brought by or in the right of the Corporation and/or an Affiliate.

  • Underlying Reference Value means, in respect of an Underlying Reference and a SPS Valuation Date, (i) the Underlying Reference Closing Price Value for such Underlying Reference in respect of such SPS Valuation Date (ii) divided by the relevant Underlying Reference Strike Price.

  • Derivative means any investment instrument whose market price is derived from the fluctuating value of an underlying asset, index, currency, futures contract, including futures, options and collateralized mortgage obligations.

  • Underlying Assets With respect to a Loan, any property or other assets designated and pledged as collateral to secure repayment of such Loan, including, without limitation, to the extent provided for in the relevant Underlying Instruments, a pledge of the stock, membership or other ownership interests in the related Obligor and all Proceeds from any sale or other disposition of such property or other assets.