Management Interests definition

Management Interests shall have the meaning set forth in Section 3.1(a).

Management Interests means equity interests in the Buyer Parties to be issued to each member of the Senior Management team pursuant to the New Management Incentive Plan.

Management Interests means all (i) Class A Interests held by Managers and (ii) Class B Interests.

Examples of Management Interests in a sentence

• As of the date of this Agreement, GeoSouthern, an Affiliate of Seller, holds of record and owns beneficially the Management Interests.

• Major repairs (over Five Thousand Dollars ($5000.00)) shall be made only upon majority vote of the Average Management Interests.

• Each Seller represents that all consents and waivers have been secured for (a) the transfer of all Management Interests to the Holding Company; and (b) purchase by the Buyer of the Wavemaker Shares.

• The Management Interests owned by such Management Group Member are owned free and clear of all Liens, and such Management Interests represent all of the issued and outstanding membership interests of the Management Group.

• Subject to, and in accordance with, Section 9.3, no transfer of Management Interests may be made without a proportional, and prior or contemporaneous, transfer of Economic Interests.

More Definitions of Management Interests

Management Interests is defined in the recitals of this Agreement.

Management Interests is defined in the recitals of this Agreement. “Management LLC” is defined in the recitals of this Agreement.

Management Interests means the Interests of the Company which are issued to the Management Member in exchange for such Member’s Capital Contributions, if any, to the Company made on account of such Interests, having the attributes, rights and limitations of Management Interests as defined in this Agreement and subject to all terms and conditions of this Agreement.

Management Interests means those membership interests that are subordinated to the Units, that are distributed the Managing Member and other individuals or entities as the Managing Member sees fit. The total number of Management Units shall at all times equal 20% of the total number of outstanding Units.

Management Interests means the LLC Interests owned by the Management Investors. "MANAGEMENT INVESTOR" means any of Engquist, Dunne, SNCC, Xxxxxx Investments, Sharp, XxXxxxx Trust, or any of their respective Permitted Transferees.

Management Interests. Means the right to participate directly in the equity of Management PIH.

Management Interests means contractual, nontradeable contingent value rights issued to certain members of the Company's management pursuant to the Management Incentive Plan.