Members’ Equity definition

Members’ Equity ownership equity of the Company represented by common members’ interests.

Members’ Equity has the meaning given in Section 7.11.

Members’ Equity means the allocable share of profits and losses of the Company to each Member in accordance with each Member’s ownership interest (i.e., Shares) in the Company.

Examples of Members’ Equity in a sentence

• In this event, the legatee or heir shall be required to notify the Club in writing of his or her desire to acquire the deceased Equity Member’s Equity Membership in the Club and submit an application.

• Dues for the final Membership Year of the Equity Member’s Equity Membership will be billed and paid in the normal fashion.

• The Company’s equity structure is a non-unitized single member limited liability company (“LLC”), therefore all components of equity attributable to the Member are reported within Member’s Equity on the Condensed Consolidated Balance Sheets and Condensed Consolidated Statements of Changes in Equity.

• All Member’s Equity Credits of such stockholder shall be considered for redemption as herein provided.

• RWC Capital Equity and each Member’s Equity will be recalculated when: (1) A Member contributes assets to the RWC; or (2) an enhancement, expansion or replacement is completed by the RWC.

More Definitions of Members’ Equity

Members’ Equity means, as of any date of determination, the consolidated balance sheet "members equity" of Borrower determined in accordance with generally accepted accounting principles consistently applied. As used in this Agreement, "Subordinated Debt" means Indebtedness of Borrower which by its terms provides that no payments or distributions may be made thereon or in respect thereto at any time when a default has occurred and is continuing under a document providing for repayment of Indebtedness of Borrower for borrowed money (other than such Subordinated Debt) or for the payment by Borrower of the purchase price of tangible property.

Members’ Equity means, as of any applicable date, the members’ equity of LFCM, on a consolidated basis, as prepared in accordance with United States generally accepted accounting principles and consistent with past practice; provided, however, that, in calculating such members’ equity: (a) employee compensation and benefits expense in respect of the period beginning on January 1, 2005 and ending on such applicable date shall be assumed to have accrued at an amount equal to 57.5% of the aggregate “operating revenues” (as defined in the Registration Statement on Form S-1 for the issuance of shares of Lazard Ltd Common Stock) of LFCM, on a pro forma basis as if the Separation had occurred, for such period, and all LFCM managing directors’ payment for services rendered during such period shall be assumed to have been included within the foregoing accrued employee compensation and benefits expense (rather than as a distribution to members or minority interest expense); (b) no reserves or write-offs shall be booked in respect of indemnities that LFCM provides to Lazard Group under this Agreement, including in respect of potential lease and pension reimbursements; (c) all costs and expenses in connection with the IPO and Recapitalization shall be accounted for as expenses incurred after the Distribution; and (d) the LFCM Note shall be disregarded.

Members’ Equity means, as of any date of determination, consolidated members’ equity of the Borrower and its Subsidiaries as of that date determined in accordance with GAAP.

Members’ Equity means total assets of the Company less total liabilities of the Company.

Members’ Equity shall refer to the total Members’ Equity as detailed on the Closing Balance Sheet of the Company.

Members’ Equity means .

Members’ Equity means the cumulative amount of Member Equity for all Distributee Members.