Interest in the company means with respect to any fiscal year (or relevant portion thereof) and with respect to each Member (or former Member), the Capital Account (or, in the case of a Member with more than one series of Units (as defined below), the Capital Accounts) that such Member (or former Member) would have received (or in fact did receive) pursuant to the terms and provisions of Article VI upon withdrawal from the Company as of the end of such fiscal year (or relevant portion thereof). Notwithstanding any other provision of this Agreement to the contrary, in no event shall any Member (or former Member) be obligated to make any additional contribution or payment whatsoever to the Company, or have any liability for the repayment and discharge of the debts and obligations of the Company (apart from its interest in the Company), except that a Non-Managing Member (or former Non-Managing Member) shall, in the discretion of the Managing Member, be required, for purposes of meeting such Member's (or former Member's) obligations under this Section 1.03, to make additional contributions or payments, respectively, up to, but in no event in excess of, the aggregate amount of returns of capital and other amounts actually received by it from the Company during or after the fiscal year to which any debt or obligation is attributable.

Interest in the company means a member's economic rights in the company

Interest in the company means with respect to any fiscal year (or relevant portion thereof) and with respect to each Member (or former Member) for any given series of Units, the Capital Account (as defined in Section 4.03) that such Member (or former Member) would have received (or in fact did receive) pursuant to the terms and provisions of Article VI upon withdrawal from the Company as of the end of such fiscal year (or relevant portion thereof). Notwithstanding any other provision in this Agreement to the contrary, in no event shall any Member (or former Member) be obligated to make any additional contribution or payment whatsoever to the Company, or have any liability for the repayment and discharge of the debts and obligations of the Company (apart from its interest in the Company), except that a Non-Managing Member (or former Non-Managing Member) shall, in the discretion of the Managing Member, be required, for purposes of meeting such Member's obligations under this Section 1.03, to make additional contributions or payments, respectively, up to, but in no event in excess of, the aggregate amount of returns of capital and other amounts actually received by it from the Company during or after the fiscal year to which any debt or obligation is attributable.

Examples of Interest in the company in a sentence

Involvement means serving as a paid employee, consultant or Board member, having a Substantial Interest in the company or receiving payments from the company.▪ Engaging in outside activities that adversely affect your normal business hours or Blue Shield duties.
If a Percentage Interest in the company is owned by non-Founders during the vesting schedule, [Founder 1 Name] will immediately receive 12/48ths of her percentage interest.
Financ d.o.o. Banja Luka, Bosnia and Herzegovina On 18 February 2020 the Agreement on the Purchase, Sale and Transfer of Equity Interest in the company Financd.o.o. Banja Luka was exercised and 100% of equity interest in Financ d.o.o. Banja Luka was transferred to the Company.
This results in an average density of 222 persons per square mile.*US Dept of Commerce: Bureau of the Census – 2010.
However, as a condition precedent to owning an Interest in the company, such person or entity must execute a counterpart to the Joint Venture Contract in a form acceptable to the Board and agree to be bound by all of the terms and provisions of this Contract.

More Definitions of Interest in the company

Interest in the company means with respect to any fiscal year (or relevant portion thereof) and with respect to each Member (or former Member) for any given series of units of limited liability company interests in the Company ("Units"), the Capital Account that such Member (or former Member) would have received (or in fact did receive) pursuant to the terms and provisions of Article VI upon withdrawal from the Company as of the end of such fiscal year (or relevant portion thereof). Notwithstanding any other provision of this Agreement to the contrary, in no event shall any Member (or former Member) be obligated to make any additional contribution or payment whatsoever to the Company, or have any liability for the repayment and discharge of the debts and obligations of the Company (apart from its interest in the Company), except that a Non-Managing Member (or former Non-Managing Member) shall, in the discretion of the Managing Member, be required, for purposes of meeting such Member's (or former Member's) obligations under this Section 1.03, to make additional contributions or payments, respectively, up to, but in no event in excess of, the aggregate amount of returns of capital and other amounts actually received by it from the Company during or after the fiscal year to which any debt or obligation is attributable.

Interest in the company means a member's economic rights in the company 806 including the right to receive:

Interest in the company shall include any financial instrument or contract, the value of which is determined in whole or in part by reference to the Company.

Interest in the company means the ownership interest of each Member in the Company as set forth in Schedule A, as Schedule A may be amended from time to time.

Interest in the company and "INTERESTS" shall mean with respect to each Member (or former Member) the aggregate amount in all of such Member's (or former Member's) Capital Accounts pursuant to the terms and provisions of this Agreement as of the end of a Fiscal Period. As used in this Agreement, the term "FORMER MEMBER" refers to such Persons as hereafter from time to time cease to be Members pursuant to the terms and provisions of this Agreement.

Interest in the company means with respect to each Member its "partner's interest in the partnership," as such term is defined in Section 704(b) of the Code and the Treasury Regulations thereunder.