Membership Interest Transfer Agreement definition

Membership Interest Transfer Agreement means that certain Membership Interest Transfer Agreement dated as of the Closing Date by and between Seller and Purchaser, in the form attached hereto as Exhibit A.
Membership Interest Transfer Agreement means the Membership Interest Transfer Agreement, the form of which is attached hereto as Exhibit C.
Membership Interest Transfer Agreement has the meaning set forth in Section 2E(ii). “Multiemployer Plan” has the meaning set forth in Section 3(37) of ERISA. “Mutual Release” has the meaning set forth in Section 7A(vii). “Net Working Capital” means the result (whether positive or negative) equal to (i) the sum of the Company’s and its Subsidiaries’ current assets determined on a consolidated basis in accordance with GAAP applied on a basis consistent with the methodologies, practices, estimation techniques, assumptions and principles used in the preparation of the Financial Statements and Exhibit H (excluding current income Taxes and deferred income Taxes), minus (ii) the sum of the Company’s and its Subsidiaries’ current liabilities determined on a consolidated basis in accordance with GAAP applied on a basis consistent with the methodologies, practices, estimation techniques, assumptions and principles used in the preparation of the Financial Statements and Exhibit H (excluding current income Taxes and deferred income Taxes); provided, that (a) notwithstanding clause (i) above, the current assets of the Company and its Subsidiaries shall not include Cash and (b) notwithstanding clause (ii) above, the current liabilities of the Company and its Subsidiaries shall not include amounts paid or to be paid pursuant to, or otherwise paid or to be paid to satisfy the requirements of, Section 6J(i) . “New Plans” has the meaning set forth in Section 6L(v). “Non-Company Affiliates” means any Affiliate of Seller, except for the Company and its Subsidiaries. “Nonparty Affiliates” has the meaning set forth in Section 10R. “Non-Possessory Interests” has the meaning set forth in Section 4I(iv). “Notice of Disagreement” has the meaning set forth in Section 2C(i).

Examples of Membership Interest Transfer Agreement in a sentence

  • L.L.C., Niska Sponsor Holdings Cooperatief U.A. (all three entities under the indirect ownership of C/R Energy Partners III), Swan Holdings LP and Swan Merger Sub, LLC (each entity under the indirect ownership of BIF II GP) entered into an Agreement and Plan of Merger and Membership Interest Transfer Agreement (Merger Agreement).

  • Pursuant to a Membership Interest Transfer Agreement dated 1 October 2011, KPS Inc., an effective wholly-owned subsidiary of the Company had duly re-transferred its 4.87% interest in KPS Technology & Engineering LLC (“KPSLLC”) to one of its current staff/member i.e. Mr Alan D.

  • J., Ex. 13, Membership Interest Transfer Agreement, ECF No. 247-15).

  • The subject buy-back took place on March 5, 2012 by and through a Limited Liability Company Membership Interest Transfer Agreement, made effective December 15, 2012.

  • Impact ReportingBNI shall issue the environmental and/or social impacts of eligible assets financed by the issued Green Bonds.

  • Ex. E, Membership Interest Transfer Agreement (“Transfer Agreement”), at §§ 1.1, 1.3, 3.3, 3.4, ECF No. 71-5, Case No. 14-42722-NHL.

  • Seealso Membership Interest Transfer Agreement, ECF No. 235-5 (agreement between Preston Byrd and Donette Byrd in which Preston purports to transfer his entire interest in Horizon Financial Group, LLC to Donette).) Subsequent tax returns represent that Preston Byrd, not Donette Byrd, is the owner of a 79.044% interest in Horizon Financial Group, LLC.

  • A Declaration that the 2nd Claimant Forged the signature of the 1st Defendant on the LLC Membership Interest Transfer Agreement, and the Unanimous Consent of the Manager and Members of Comrade Holdings LLC both dated 10th March, 2017.

  • The second is an e-mail from Beckish to Charlie Hoffman, counsel for Servis 1st , in which Beckish sent Hoffman a copy of the Membership Interest Transfer Agreement dated 5/5/17.

  • Agreement and Plan of Merger and Membership Interest Transfer Agreement, dated as of May 27, 2014, by and among PetroLogistics LP, PetroLogistics GP LLC, Propylene Holdings LLC, Flint Hills Resources, LLC, and FHR Propylene, LLC (filed as Exhibit 2.1 to PetroLogistics’ Current Report on Form 8-K, dated May 28, 2014, and incorporated herein by reference).


More Definitions of Membership Interest Transfer Agreement

Membership Interest Transfer Agreement or “MITA” means the Agreement pursuant to which BRF will transfer its membership interests in BRFHH, BRFHH Monroe and BRFHH Shreveport to OLHS-NL effective as of the Commencement Date.

Related to Membership Interest Transfer Agreement

  • Asset Transfer Agreement means the asset transfer agreement dated September 12, 2014 between Centurion Real Estate Opportunities Trust and Centurion Apartment REIT pursuant to which Centurion Apartment REIT seeded the initial portfolio of Centurion Real Estate Opportunities Trust.

  • IDR Transfer Agreement means an agreement to transfer, subject to the terms of Tariff, Part VI, section 237, Incremental Deliverability Rights to a party for the purpose of eliminating or reducing the need for Local or Network Upgrades that would otherwise have been the responsibility of the party receiving such rights. Immediate-need Reliability Project: “Immediate-need Reliability Project” shall have the same meaning provided in the Operating Agreement.

  • Subsequent Transfer Agreement A Subsequent Transfer Agreement substantially in the form of Exhibit P hereto, executed and delivered by the Sellers, the Depositor and the Trustee as provided in Section 2.01(d).

  • Share Transfer Agreement means the share transfer agreement, in the agreed form, between the partners in the Company;

  • Unit Purchase Agreement means the Common Unit and Class B Unit Purchase Agreement, dated as of December 1, 2006, among the Partnership and the purchasers named therein.

  • Preferred Stock Purchase Agreement means the Preferred Stock Purchase Agreement, dated September 7, 2008, between the Company and the United States Department of the Treasury.

  • Transfer Agreement means the agreement providing for a transfer of structured settlement payment rights.

  • Contribution Agreement has the meaning set forth in the Recitals.

  • Interest Transfer Amount For any Distribution Date and for any Undercollateralized Group, an amount equal to one month's interest on the applicable Principal Transfer Amount at the weighted average Certificate Interest Rate of the applicable Undercollateralized Group, plus any interest accrued on such Undercollateralized Group remaining unpaid from prior Distribution Dates.

  • Membership Interest means a Member’s entire interest in the Company including such Member’s right to receive allocations and distributions pursuant to this Agreement and the right to participate in the management of the business and affairs of the Company in accordance with this Agreement, including the right to vote on, consent to, or otherwise participate in any decision or action of or by the Members granted pursuant to this Agreement.

  • Derivative Partnership Interests means any options, rights, warrants, appreciation rights, tracking, profit and phantom interests and other derivative securities relating to, convertible into or exchangeable for Partnership Interests.

  • Master Funding Agreement means the Master Funding Agreement entered into by the Company and the Secretary of State on 31st October 2013;

  • Membership Interests has the meaning set forth in the recitals.

  • Asset Transfer means a sale, lease, exclusive license or other disposition of all or substantially all of the assets of the Company.

  • Alternate VRDP Shares Purchase Agreement means any agreement with a successor liquidity provider replacing the VRDP Shares Purchase Agreement (or any replacement therefor) upon its termination in accordance with its terms and containing a Purchase Obligation substantially similar to the Purchase Obligation therein, as determined by the Fund.

  • 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.

  • Securitization Transfer The sale or transfer of some or all of the Mortgage Loans to a trust or other entity as part of a publicly-issued or privately-placed, rated or unrated mortgage pass-through or other mortgage-backed securities transaction.

  • Asset Purchase Agreement has the meaning set forth in the Recitals.

  • Common Stock Purchase Agreement means an agreement among the Investor and/or PJC, Emergent and any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer and elects to participate, substantially in the form attached hereto as Exhibit A, pursuant to which Emergent will issue and sell (a) to the Investor and/or PJC, in the aggregate, 75,000,000 Shares at a price of $0.20 per share, and (b) to any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer that so requests, for every $1,000.00 of principal amount of Convertible Notes that it tenders into the Convertible Note Exchange Offer, 500 Shares at a price of $0.20 per share; provided, that the aggregate maximum number of Shares to be so issued and sold to the Convertible Note Holders who accept and exchange all of their Convertible Notes in the Convertible Note Exchange Offer pursuant to the Common Stock Purchase Agreement shall not exceed 40,000,000.

  • Certificate Purchase Agreement The Purchase Agreement, dated as of [_______], among the Depositor and the Initial Purchasers, relating to the Privately Offered Certificates.

  • Synthetic Purchase Agreement means any swap, derivative or other agreement or combination of agreements pursuant to which the Borrower or any Subsidiary is or may become obligated to make (a) any payment in connection with a purchase by any third party from a Person other than the Borrower or any Subsidiary of any Equity Interest or Restricted Indebtedness or (b) any payment (other than on account of a permitted purchase by it of any Equity Interest or Restricted Indebtedness) the amount of which is determined by reference to the price or value at any time of any Equity Interest or Restricted Indebtedness; provided that no phantom stock or similar plan providing for payments only to current or former directors, officers or employees of the Borrower or the Subsidiaries (or to their heirs or estates) shall be deemed to be a Synthetic Purchase Agreement.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of such Act.

  • Transfer Agreements As defined in the Mortgage Loan Sale Agreement. Transferor: Each seller of Mortgage Loans to the Seller pursuant to the Transfer Agreements.

  • hire-purchase agreement means an agreement, other than a conditional sale agreement, under which—

  • Stock Purchase Agreement means the agreement between the Company and a Purchaser who acquires Shares under the Plan that contains the terms, conditions and restrictions pertaining to the acquisition of such Shares.

  • Restricted Stock Purchase Agreement means a written agreement between the Company and the Optionee evidencing the terms and restrictions applying to stock purchased under a Stock Purchase Right. The Restricted Stock Purchase Agreement is subject to the terms and conditions of the Plan and the Notice of Grant.