Issued Interest definition

Issued Interest is defined in the recitals to this Agreement.
Issued Interest means any interest in a Debtor represented by (a) duly authorized, validly issued and outstanding shares of stock, or (b) the restricted stock units awarded pursuant to GMI's non-employee director stock plan, or (c) shares of restricted stock previously awarded.
Issued Interest has the meaning set forth in the recitals.

Examples of Issued Interest in a sentence

  • Concurrently with, and effective as of the date of, the issuance of the Warrant Interest, or any portion thereof (the “Issued Interest”), pursuant to an exercise of this Warrant Agreement, the Company and Holder shall enter into a Call Agreement with respect to such Issued Interest in the form attached hereto as Exhibit B.

  • For the avoidance of doubt, if an Issued Interest is forfeited pursuant to this Section 3, upon such forfeiture, it shall cease to constitute an Issued Interest, it shall no longer be outstanding and it may not become vested pursuant to Section 2.

  • The Parties acknowledge that, for United States federal income tax purposes, the sale of the Transferred Interest pursuant to this Agreement is intended to be treated as a sale by Seller of a partnership interest in the Company to Buyer and the issuance of the Issued Interest is intended to be treated as a contribution of property by a Subsidiary of Buyer to a partnership in exchange for a partnership interest.

  • Xxxxxxxx Title: Vice President Dated: November 23, 1999 AES Red Oak, L.L.C. Schedule 1 Initial capital Units Percentage Members contribution Issued Interest ----------------------- --------------------- ----------- ------------- AES Red Oak, Inc.


More Definitions of Issued Interest

Issued Interest has the meaning set forth in Section 1.02(b).

Related to Issued Interest

  • related interest means (1) a company (other than an insured bank or a foreign bank) that is controlled by an executive officer, director, or principal shareholder or (2) a political or campaign committee that is controlled by or the funds or services of which will benefit an executive officer, director, or principal shareholder. See Section 215.11(a)(2) of

  • Accrued Interest means, with respect to Single Family Shared-Loss Loans, the amount of earned and unpaid interest at the note rate specified in the applicable loan documents, limited to 90 days.

  • 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.

  • Related interests means the interests of a coastal State directly affected or threatened by a wreck, such as:

  • Stripped Interest Rate For each Mortgage Loan, the excess, if any, of the Net Mortgage Rate for such Mortgage Loan over the Remittance Rate.

  • registered interest means an international interest, a registrable non-consensual right or interest or a national interest specified in a notice of a national interest registered pursuant to Chapter V;

  • Stated Interest Rate means with respect to (i) the Class AA Certificates, 3.15% per annum, (ii) the Class A Certificates, 3.50% per annum and (iii) the Class B Certificates, 3.85% per annum.

  • Periodic Interest means, with respect to any Payment Date, the periodic interest for such Payment Date as specified in the Series Supplement.

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

  • Fixed Interest Rate means the annual interest rate of five and forty hundredths percent (5.40%).

  • Deferred Interest shall have the meaning set forth in Section 4.1.

  • 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.

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

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

  • Accreted Interest Interest accrued on a Loan that is added to the principal amount of such Loan instead of being paid as it accrues.

  • Lower Tier Interest As described in the Preliminary Statement.

  • Assumed Interest Rate means the annual yield payable on the last day of the applicable Calculation Period on ten (10) year United States Treasury obligations in amounts approximating the outstanding principal balance of the Loan on the last day of the Calculation Period plus two hundred fifty (250) basis points per annum; provided, however, that the Assumed Interest Rate shall be not less than six percent (6.0%) per annum.