Initial Ownership Interest definition

Initial Ownership Interest means, with respect to any Investor, the number of Share Equivalents held by such Investor as of the date hereof plus any Share Equivalents sold by any Investor pursuant to an IPO.
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Initial Ownership Interest means, with respect to any Investor, the number of Share Equivalents held by such Investor as of the date hereof.
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Initial Ownership Interest means the interest of the Shareholder in the Borrower equal to the ownership of 92.014% of the Shares and 80.724% of all issued and outstanding shares in the capital of the Borrower (including the Shares and non-voting shares).
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Examples of Initial Ownership Interest in a sentence

  • The Class A Initial Ownership Interest is $[ ] as of [ ], 1998 (the "Closing Date").

  • The Class C Initial Ownership Interest is $[ ] as of the Closing Date.

  • The Class B Initial Ownership Interest is $[ ] as of the Closing Date.

  • Performance reviews will be carried out no less than once per annum during the first quarter of each calendar year, although there is no commitment on the part of the Company to increase salaries or your commission structure on an annual basis.

  • On or prior to the Formation Date, each Founding Shareholder shall make an initial Capital Contribution to the Company and receive an Ownership Interest in accordance with Section 5.1 (Initial Ownership Interest).

  • The size of the Board of Directors shall initially be nine and may from time to time be increased or decreased by the Board of Directors (with the approval of Fiat so long as Fiat remains a Member and has a Total Interest equal to or exceeding the Fiat Initial Ownership Interest).

  • The size of the Board of Directors shall initially be nine and may from time to time be increased or decreased by the Board of Directors (with the approval of Fiat so long as Fiat remains a Member and the Fiat Group has a Total Interest equal to or exceeding the Fiat Initial Ownership Interest).

  • Upon its execution and delivery of the conveyance documents referred to in Section 3.1, WEG shall receive the following Initial Ownership Interest in the Company: WEG acknowledges that the Ownership Interest in the Company will total 100 units, and that the other 60 units will be owned by GPM, pursuant to the terms and conditions of the Contribution Agreement between GPM and the Company of even date herewith (the “GPM Contribution Agreement”).

  • Any Option Shares purchased by Purchaser pursuant hereto shall be deemed part of Purchaser's "Initial Ownership Interest" for purposes of the Shareholders Agreement, and shall become subject to the terms and conditions of the Shareholders Agreement.

  • HOKU SOLAR, INC., a Delaware corporation By: /s/ Sxxxx Xxxx Name: Sxxxx Xxxx Title: Chief Operating Officer UFA RENEWABLE ENERGY FUND I, LLC, a Delaware limited liability company By: United Fund Advisors LLC, its Managing Member By: /s/ Cxxxx Xxxxx Name: Cxxxx Xxxxx Title: Senior Vice President Hoku Solar Power I, LLC, Signature Page to Operating Agreement Member Capital Contribution Initial Ownership Interest Hoku Solar, Inc.


More Definitions of Initial Ownership Interest

Initial Ownership Interest means the undivided ownership interest in the Receivables Pool acquired by the Purchaser pursuant to Section .
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Initial Ownership Interest has the meaning specified in Recital B. --------------------------
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Related to Initial Ownership Interest

  • Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds held in a Book Entry System.

  • Residual Ownership Interest Any record or beneficial interest in the Class R Certificates.

  • Applicable Ownership Interest means, with respect to the Treasury portfolio,

  • Beneficial Ownership shall have the meanings set forth in Rule 13d-3 promulgated under the Exchange Act (as defined below) as in effect on the date hereof.

  • Controlling ownership interest means ownership of or entitlement to more than twenty-five percent of shares or capital or profits of the company;

  • 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.

  • Class A Membership Interest means a Class A Membership Interest in Holdings.

  • Class B Membership Interest means a Class B Membership Interest in Holdings.

  • Beneficial Ownership Rule means 31 C.F.R. § 1010.230.

  • Membership Interest means a Member’s entire interest in the Company including such Member’s right to receive allocations and distributions pursuant to this Agreement and the right to participate in the management of the business and affairs of the Company in accordance with this Agreement, including the right to vote on, consent to, or otherwise participate in any decision or action of or by the Members granted pursuant to this Agreement.

  • Economic Interest means a Person’s right to share in the income, gains, losses, deductions, credits, or similar items of the Company, and to receive Distributions from the Company, but excluding any other rights of a Member, including the right to vote or to participate in management, or, except as may be provided in the Act, any right to information concerning the business and affairs of the Company.

  • Continuing ownership interest means ownership of or entitlement to more than twenty five per cent of shares or capital or profits of the company;

  • Ownership Interests means, with respect to any entity, any ownership interests in the entity and any economic rights (such as a right to distributions, net cash flow or net income) to which the owner of such ownership interests is entitled.

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

  • Ownership Interest As to any Certificate, any ownership or security interest in such Certificate, including any interest in such Certificate as the Holder thereof and any other interest therein, whether direct or indirect, legal or beneficial, as owner or as pledgee.

  • Beneficial Owner and “Beneficial Ownership” shall have the meanings set forth in Rule 13d-3 promulgated under the Exchange Act (as defined below) as in effect on the date hereof.

  • Partnership Interest means an interest in the Partnership, which shall include the General Partner Interest and Limited Partner Interests.

  • 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.

  • Beneficial Ownership Regulation means 31 C.F.R. § 1010.230.

  • Controlling ownership interested means ownership of or entitlement to more than twenty five percent of shares or capital or profits of the Company;

  • Potential Beneficial Owner means a customer of a Broker-Dealer or a Broker-Dealer that is not a Beneficial Owner of shares of AMPS but that wishes to purchase such shares, or that is a Beneficial Owner that wishes to purchase additional shares of AMPS.

  • LLC Interest means a membership interest or similar interest in a limited liability company.

  • Beneficial Ownership Certification means a certification regarding beneficial ownership as required by the Beneficial Ownership Regulation.

  • Non-U.S. Beneficial Ownership Certification As defined in Section 5.03(f) of this Agreement.

  • Participating Interest is defined in Section 1.2(d) hereof.

  • Trust Beneficial Owner means Global Funding, in its capacity as the sole beneficial owner of the Trust, and its successors.