Holdings Interest definition

Holdings Interest means 100% of the limited liability company interests of Holdings.
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Holdings Interest shall have the meaning set forth in the Recitals hereto.
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Holdings Interest means the entire “Interest”, as defined in the Holdings LLC Agreement of Watermark Capital Partners LLC and its Affiliates in Holdings.
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Examples of Holdings Interest in a sentence

  • Each Holder of an SAE Holdings Interest will be conclusively deemed to have rejected the Plan pursuant to section 1126(g) of the Bankruptcy Code.

  • Permit the US Holdings Interest Coverage Ratio for the most recently completed Measurement Period to be less than 1.75 to 1.0.

  • Notwithstanding any provision of the limited liability company agreement of Holdings (the “Holdings LLC Agreement”) to the contrary, the General Partner is hereby admitted to Holdings as a member of Holdings holding the Holdings Interest and hereby agrees that it is bound by the Holdings LLC Agreement.

  • Pipeline GP hereby grants, contributes, bargains, conveys, assigns, transfers, sets over and delivers the WPP Holdings Interest to MLP, as a contribution of capital to MLP in exchange for a continuation of the 2% GP Interest, the IDRs, and the 50.5% Limited Partner Interest, and MLP hereby accepts the WPP Holdings Interest as a contribution to the capital of MLP.

  • Xxxxxxxx 66 Company hereby grants, contributes, bargains, conveys, assigns, transfers, sets over and delivers to the General Partner a portion of its limited liability company interests in Holdings with a value equal to 2% of the equity value of the Partnership immediately after the Closing (the “Holdings Interest”), and the General Partner hereby accepts such Holdings Interest as a capital contribution from Xxxxxxxx 66 Company.

  • Wxxxxxxx Gas Pipeline hereby grants, contributes, bargains, conveys, assigns, transfers, sets over and delivers the WPP Holdings Interest, as a contribution of capital to Pipeline GP, and Pipeline GP hereby accepts the WPP Holdings Interest as a contribution to the capital of Pipeline GP.

  • MLP hereby grants, contributes, bargains, conveys, assigns, transfers, sets over and delivers to WP Operating 100% of its membership interests in WPP Holdings, after giving effect to the Merger (the “Merged WPP Holdings Interest”), as a contribution of capital to WP Operating, and WP Operating hereby accepts the Merged WPP Holdings Interest as a contribution to the capital of WP Operating.

  • Immediately following such contribution of the Holdings Interest, Xxxxxxxx 66 Company shall and does hereby continue as a member of Holdings, and the General Partner shall and does hereby cease to be a member of Holdings and shall thereupon cease to have or exercise any right or power as a member of Holdings, and Holdings is hereby continued without dissolution.

  • At the Closing, upon the terms ------------------------------ and subject to the conditions set forth herein, the Holding Partners shall cause Holdings to issue and deliver to Warrant Holdings the Warrant Holdings Interest and Warrant Holdings shall pay to Holdings, by wire transfer of immediately available funds, nine million seven hundred thousand dollars ($9,700,000) in cash.

  • During the period from its formation through and including the Closing Date, New B Member has not had any assets or liabilities other than its ownership of the New Holdings Interest.


More Definitions of Holdings Interest

Holdings Interest means 100% of the membership interests of Holdings.
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Holdings Interest means the prepetition shares of common stock issued by Holdings and owned by Southern.
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Related to Holdings Interest

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • 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.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of such Act.

  • Deemed Partnership Interest Value means, as of any date with respect to any class of Partnership Interests, the Deemed Value of the Partnership Interests of such class multiplied by the applicable Partner's Percentage Interest of such class.

  • Class P Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class P Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Company Interest means the interest of a Member in Profits, Losses and Distributions.

  • Class R-IV Interest The uncertificated Residual Interest in REMIC IV.

  • Indirect Ownership Interest means an ownership interest in an entity that has an ownership interest in another entity. Indirect ownership interest includes an ownership interest in an entity that has an indirect ownership interest in another entity.

  • Asset Interest is defined in Section 2.1(b).

  • Intercompany Interest means an Interest in a Debtor held by another Debtor.

  • Pecuniary Interest means the opportunity, directly or indirectly, to profit or share in any profit derived from a transaction in securities.

  • Equity Interest means (a) with respect to any entity, any and all shares of capital stock or other ownership interest and any Commitments with respect thereto, (b) any other direct equity ownership or participation in a Person and (c) any Commitments with respect to the interests described in (a) or (b);

  • Subsidiary Interests means, collectively, the issued and outstanding shares of stock of the Subsidiary Debtors as of the Petition Date and any options, warrants or other contractual rights to acquire any shares of stock of the Subsidiary Debtors as of the Petition Date.

  • Indirect holdings means all securities of a company that are held in an account or fund, including a mutual fund, that is managed by one or more persons who are not employed by the state treasurer or a retirement system, if the state treasurer or retirement system owns shares or interests either:

  • Member Interest means an equity interest of a Member in the Company and includes any and all benefits to which such Member is entitled as provided in this Agreement, together with all obligations of such Member pursuant to the terms and provisions of this Agreement.

  • Partnership Interest means an ownership interest in the Partnership held by either a Limited Partner or the General Partner and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement.

  • Class R-I Interest The uncertificated Residual Interest in REMIC I.

  • Trust Interest means an account owner's interest in the trust created by a participating trust

  • Class R-II Interest The uncertificated Residual Interest in REMIC II.

  • Net Profits Interest means an interest in a Producing Property which entitles the holder thereof to a share of the gross revenues from oil and gas production from the Producing Property less all operating, production, development, transportation, transmission and marketing expenses, severance, sales, ad valorem and excise taxes (including the windfall profit tax) attributable to such production.

  • L/C Interest shall have the meaning ascribed to such term in Section 3.6 hereof.

  • Special Equity Interest means any Equity Interest that is subject to a Lien in favor of creditors of the issuer of such Equity Interest provided that (a) such Lien was created to secure Indebtedness owing by such issuer to such creditors, (b) such Indebtedness was (i) in existence at the time the Obligors acquired such Equity Interest, (ii) incurred or assumed by such issuer substantially contemporaneously with such acquisition or (iii) already subject to a Lien granted to such creditors and (c) unless such Equity Interest is not intended to be included in the Collateral, the documentation creating or governing such Lien does not prohibit the inclusion of such Equity Interest in the Collateral.

  • Pledged Partnership Interests means all interests in any general partnership, limited partnership, limited liability partnership or other partnership including, without limitation, all partnership interests listed on Schedule 4.4(A) under the heading “Pledged Partnership Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such partnership interests and any interest of such Grantor on the books and records of such partnership or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such partnership interests.

  • Profits Interest means an interest in the Company that is intended to be classified as a profits interest within the meaning of Internal Revenue Service Revenue Procedure 93-27 and 2001-43 (or the corresponding requirements of any subsequent guidance promulgated by the Internal Revenue Service or other Law) for U.S. federal income tax purposes, including the Class C Common Incentive Units.

  • Class R-III Interest The uncertificated Residual Interest in REMIC III.