Financial Rights definition

Financial Rights means a Member's rights as a member of the LLC (a) to share in Net Income and Net Loss to the extent provided in this Agreement, and (b) to share in distributions to the extent provided in this Agreement.
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Financial Rights means a member's rights:
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Financial Rights means a Person’s rights to share in Profits and Losses of, and distributions from, the Company.
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Examples of Financial Rights in a sentence

  • If for any reason the membership of a Member is terminated as provided in this Agreement or the Act, the Member whose membership has terminated loses all Membership Voting Interests and shall be considered merely an unadmitted Assignee of the Membership Financial Rights owned before the termination of membership, having only the rights provided for unadmitted Assignees in Section 9.7 hereof.

  • Notwithstanding any provision of this Section 8.1 to the contrary, this Agreement shall not be amended without the consent of each Member adversely affected if such amendment would modify the limited liability of a Member, or alter the Membership Financial Rights of a Member.

  • A Person who acquires Units but who is not admitted as a Substitute Member pursuant to Section 9.8 of this Agreement shall be entitled only to the Membership Financial Rights with respect to such Units in accordance with this Agreement, and shall not be entitled to the Membership Voting Interests with respect to such Units.

  • Financial Rights operates the National Debt Helpline, which helps NSW consumers experiencing financial difficulties.

  • The applicable portion of the Aggregate Merger Consideration, when paid in accordance with the terms and conditions of this Agreement, shall be deemed to have been delivered in full satisfaction of all Members’ and Financial Rights Holders’ rights relating to the Apollonia Units.


More Definitions of Financial Rights

Financial Rights means the right to participate in allocations and distributions as provided in parts 10 and 12 of this article but does not include rights or obligations under a marketing contract governed by part 7 of this article.
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Financial Rights means financial rights associated with Units originally held by the Founding Members that the Founding Members were permitted by the Company to assign to Financial Assignees, with the Founding Members permitted to assign an aggregate amount of up to $7 million in total of such Financial Rights.
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Financial Rights means the right to receive distributions of funds and allocations of income, gain, loss, deduction and credit.
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Financial Rights means a Member's rights to (a) a Capital Account; (b) a Percentage Interest in Company Profits, Losses and Distributions; (c) payments (if any) under the terms and conditions of Article 13 upon the Member's termination or other withdrawal and (d) the Member's limited right to Transfer such rights according to Article 12.
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Financial Rights means the right to participate in allocations and distributions as provided in RCW 23.100.0801 through 23.100.0809 and 23.100.1001 through 23.100.1013 but does not include rights or obligations under a marketing contract.
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Financial Rights means the right to participate in
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Financial Rights means a member’s or holder’s rights to:
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