Managing Member Interests definition

Managing Member Interests means, collectively, the Managing Members’ interest in 100% of the interests listed under the heading “Managing Member Interests” on Schedule VIII hereto.
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Managing Member Interests. Section 1.2(f)(iii) 133 “Material Vornado Leases” Section 3.15(h)
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Managing Member Interests has the meaning set forth in the recitals.
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Examples of Managing Member Interests in a sentence

  • Such additional contribution by the Managing Member was evidenced by additional Managing Member Interests with respect to each Series on the books and records of each such Series.

  • Interests in the Company with respect to each Series, other than the Managing Member Interests, shall be designated as Non-Managing Member Interests (collectively the “Interests” or, individually, an “Interest”), which may be offered in one or more “Classes”.

  • The Managing Member shall be paid in accordance with Section 10(b) with respect to its Managing Member Interests in the Company as of the date of such withdrawal.

  • A separate capital account (each, a “Capital Account”) shall be established with respect to each Series for each Member holding Managing Member Interests or Interests, as applicable, in such Series.

  • All outstanding Common Units (including, at the Effective Time, any Phantom Units that have been converted to Common Units), Phantom Units, Managing Member Interests and Incentive Distribution Rights have been duly authorized and validly issued and are fully paid, non-assessable (except as such non-assessability may be affected by Sections 18-607 and 18-804 of the Delaware LLC Act) and free of preemptive rights (other than as provided in Sections 5.2 and 5.8 of the LLC Agreement).

  • Except as contemplated by Section 7.3, without the Consent of the Outside Non-Managing Members, the Managing Member shall not, directly or indirectly, enter into or conduct any business other than in connection with the ownership, acquisition and disposition of Managing Member Interests and the management of the business of the Company and such activities as are incidental thereto.

  • The acquisition by RECP of the Managing Member Interests in the Company is intended to be an absolute acquisition of such ownership interests in the Company, and indirectly in the Property, in effect as well as in form.

  • If the Transfer of the Managing Member Interests pursuant to the Put Purchase cannot occur because of restrictions in the Loan Documents, then Maguire and the Maguire Members, jointly and severally, shall immedixxxxx xay to RECX, xxxx demand, a cash amount equal to the Purchase Price (the "Put Liquidated Damages").

  • Upon the making by RECP of its contribution to the Company for the Managing Member Interests pursuant to the Contribution Agreement, the Managing Member Interests shall be deemed to be issued to RECP and shall be validly issued, fully paid and nonassessable limited liability company interests in the Company.

  • Subject to Section 10.4, the Managing Member Interests shall rank senior to and have priority over the Regular Member Interests with respect to the payment of distributions and redemptions and as to the distribution of assets upon liquidation, dissolution or winding up of the Company, subject to Section 12.3 hereof.


More Definitions of Managing Member Interests

Managing Member Interests. Section 1.1(k)(iii) “Material Giants Leases” Section 3.18(h)
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Managing Member Interests. Section 1.1(k)(iii) “Material Giants Leases” Section 3.18(h)
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Related to Managing Member Interests

  • Managing Member means CEF Equipment Holding, L.L.C., a Delaware limited liability company or any successor Managing Member under the Issuer Limited Liability Company Agreement.

  • Transferred Interests has the meaning set forth in the Recitals.