Initial Interests definition

Initial Interests means an undivided legal and beneficial interest of sixty percent (60%) in the rights and obligations under the Contracts and an undivided interest of sixty percent (60%) participating interest and a sixty-six decimal sixty-seven percent (66.67%) Paying Interest in the rights and obligations under the Senegal XXXx;
Sample 1
Initial Interests means 490,000 units of membership interests in the Company representing 49% of the issued and outstanding membership interests of the Company.
Sample 1
Initial Interests means either the membership interests in Initial Security or, in the case of clause (y) in the preceding sentence, the successor limited liability company. Prior to the Closing, Security Services shall be converted effective no later than the day prior to the Closing Date into a New Jersey limited liability company, such that the Security Interests will be converted into membership interests, one hundred percent (100%) of which will be owned by the Subsidiary Seller and Security Services shall be a disregarded entity for United States federal, state and local income Tax purposes (the “Security Services Conversion”). Following the Security Services Conversion, the “Security Interests” refers to such membership interests. The Initial Interests and the Security Interests shall hereinafter together be referred to as the “Ownership Interest”). The Sellers desire to sell to Purchaser, and Purchaser desires to purchase from the Sellers, the Ownership Interest, free and clear of all Liens, and with all rights attached or accruing to such Ownership Interest from and after the Effective Date, subject to the terms and conditions of this Agreement.
Sample 1

Examples of Initial Interests in a sentence

  • Maintaining Initial Interests: Developing Science, Technology, Engineering, and Mathematics (STEM) Career Interests among Underrepresented Racial Minority Students.

  • This did not occur, and global competition has advanced and threatens to knock us out of research leadership.

  • Unless otherwise required by applicable Law or by a final determination of a Governmental Authority to the contrary, the Parties agree to treat the purchase of the Initial Interests contemplated by this Agreement as governed by Rev.

  • February 2024Ms Belinda Cleminson Company SecretaryMad Paws Holdings Limited Level 5, 126-130 Phillip StreetSYDNEY NSW 2000Total Pages: 6 (including covering letter)Dear Ms Cleminson Notice of Initial Interests of Substantial Holder for Mad Paws Holdings Limited (“the Company”) Please find attached a copy of the above Notice (Form 603) that we have lodged with the ASX Company Announcements Platform today.

  • The Defendant Children's Initial Interests in Delta & Delta.[11] The undisputed facts before the judge were as follows.

  • Buyer is purchasing the Initial Interests and the Remaining Interests for investment for its own account and not with a view to, or for sale in connection with, any distribution thereof.

  • This time around, it is IROs in TMT suffering the highest levels of dissatisfaction (21 percent), with real estate showing the lowest level of dissatisfaction at 3.7 percent.

  • Note: The use of FSTDs is increasingly encouraged by regulatory bodies.


More Definitions of Initial Interests

Initial Interests means one hundred percent (100%) of the membership interests of Initial Security.
Sample 1
Initial Interests means Interests purchased in the initial private offering conducted by the Partnership pursuant to Rule 506(c) of Regulation D.
Sample 1
Initial Interests means the 1,002,000 units of NetSat Interests to be acquired at Closing by EMS as provided herein.
Sample 1

Related to Initial Interests

  • Capital Interests means any and all shares, interests, participations, rights or other equivalents (however designated) of capital stock, including, without limitation, with respect to partnerships, partnership interests (whether general or limited) and any other interest or participation that confers on a person the right to receive a share of the profits and losses of, or distributions of assets of, such partnership.

  • Class C Additional Interest is defined in Section 4.1(c).

  • Class B Additional Interest shall have the meaning specified in subsection 4.02(b).

  • Initial Investors means (A) X.L. Insurance Company, Ltd.; (B) The Trident Partnership, L.P.; (C) Xxxxx & McLennan Risk Capital Holdings, Ltd.; or (D) any majority-owned subsidiary or parent (or equivalent in the case of a non-corporate entity) of the foregoing.

  • Substantial interest means holding of a beneficial interest by an individual or his spouse or minor child, whether singly or taken together in the shares of a company, the amount paid up on which exceeds ten per cent of the paid up capital of the company; or the capital subscribed by all the partners of a partnership firm;

  • Initial Investment : means the amount that you initially subscribed to invest into the Plan.

  • Initial Interest Rate means, as of any date of determination, (a) with respect to each A Note, the Initial Note A Interest Rate and (b) with respect to each B Note, the Initial Note B Interest Rate.

  • Initial Investor Interest means, with respect to any Series of Certificates, the amount stated in the related Supplement.

  • Residual Interests As specified in the Preliminary Statement.

  • Class A Additional Interest shall have the meaning specified in subsection 4.02(a).

  • Transferred Interests has the meaning set forth in the Recitals.

  • Assigned Interests has the meaning set forth in Section 2 hereof;

  • Contributed Interests has the meaning set forth in the recitals.

  • Capital Interest means the proportion that a Member's positive Capital Account bears to the aggregate positive Capital Accounts of all Members whose Capital Accounts have positive balances as may be adjusted from time to time.

  • Transferred Interest means, at any time of determination, an undivided percentage ownership interest in (i) each and every then outstanding Receivable, (ii) all Related Security with respect to each such Receivable, (iii) all Collections with respect thereto, and (iv) other Proceeds of the foregoing, which undivided ownership interest shall be equal to the Aggregate Percentage Factor at such time, and only at such time (without regard to prior calculations). The Transferred Interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, shall at all times be equal to the Transferred Interest in each other Receivable, together with Related Security, Collections and Proceeds with respect thereto. To the extent that the Transferred Interest shall decrease as a result of a recalculation of the Aggregate Percentage Factor, the Administrative Agent on behalf of the applicable Class Investors shall be considered to have reconveyed to the Transferor an undivided percentage ownership interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, in an amount equal to such decrease such that in each case the Transferred Interest in each Receivable shall be equal to the Transferred Interest in each other Receivable.

  • Purchased Interests has the meaning set forth in the Recitals.

  • Beneficial Interest means the opportunity, directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise, to profit, or share in any profit derived from, a transaction in the subject Securities. A Covered Person is deemed to have a Beneficial Interest in Securities owned by members of his or her Immediate Family. Common examples of Beneficial Interest include joint accounts, spousal accounts, UTMA accounts, partnerships, trusts and controlling interests in corporations. Any uncertainty as to whether a Covered Person has a Beneficial Interest in a Security should be brought to the attention of the Compliance Officer. Such questions will be resolved in accordance with, and this definition shall be subject to, the definition of “beneficial owner” found in Rules 16a-1(a)(2) and (5) promulgated under the Securities Exchange Act of 1934.

  • Purchased Interest means, at any time, the undivided percentage ownership interest of the Purchasers in: (a) each and every Pool Receivable now existing or hereafter arising, (b) all Related Security with respect to such Pool Receivables and (c) all Collections with respect to, and other proceeds of, such Pool Receivables and Related Security. Such undivided percentage ownership interest shall be computed as:

  • Class R Residual Interests The Class R-1 and Class R-2 Residual Interests (which shall be transferable only as a unit evidenced by the Class R Certificates, in accordance with the applicable provisions of Section 5.01).

  • Additional Interest Amount means, with respect to Trust Securities of a given Liquidation Amount and/or a given period, the amount of Additional Interest paid by the Depositor on a Like Amount of Notes for such period.

  • Personal interest means a financial benefit or liability accruing to a School Board member or employee or to a member of the immediate family of the School Board member or employee. Such interest shall exist by reason of