Income interest means the right of an income beneficiary to receive all or part of net income, whether the terms of the trust require it to be distributed or authorize it to be distributed in the trustee's discretion.
Class B Interest Each of the Class B-1 and Class B-2 Interests.
Class A Membership Interest means a Class A Membership Interest in Holdings.
Private interest means an interest held by an individual that is:
Common Interest means employers engaged in the same industry or members of an Oklahoma trade association that has been in business for at least five (5) years.
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.
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.
Asset Interest is defined in Section 2.1(b).
Class B Interests As set forth in the Trust Agreement.
General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.
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.
Carried Interest means an equity interest in the Partnership issued to a Person without consideration, in the form of cash or tangible property, in an amount proportionately equivalent to that received from the Participants.
Proportionate Interest has the meaning specified in Section 2.5(d);
Class B Membership Interest means a Class B Membership Interest in Holdings.
Percentage Interest means, with respect to each Note Holder, a fraction, expressed as a percentage, the numerator of which is the Note Principal Balance of the Note held by such Note Holder and the denominator of which is the sum of the Note Principal Balances of all of the Notes.
Class R-IV Interest The uncertificated Residual Interest in REMIC IV.
Certificate Interest means the allocable percentage interest of a Certificate held by a Certificateholder.
Class A Members means those Members who have purchased Class A Interests.
Class A Interest Each of the Class A-1 and Class A-2 Interests.
Water interest means any right to the beneficial use of water, including:
Transferred Interests has the meaning set forth in the Recitals.
Base Interest means the interest that would otherwise accrue on the Securities under the terms thereof and the Indenture, without giving effect to the provisions of this Agreement.
Simple interest means interest computed on the principal balance outstanding
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.
Available Interest With respect to any Distribution Date, the sum of the following amounts with respect to the prior Monthly Period:
Invested Assets means cash, Cash Equivalents, short term investments, investments held for sale and any other assets which are treated as investments under GAAP.