Profit Interest definition

Profit Interest has the meaning set forth in Section 3.5(b) hereof.
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Profit Interest means the interest in Investor LLC designated as such in the Investor LLC Agreement, having the rights and preferences set forth therein.
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Profit Interest means the right, title, interest and benefits in and to 100% of Net Operating Profit (as defined in the Profit Interest Agreement) generated by the Seller at the Gaming Room.
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Examples of Profit Interest in a sentence

  • The terms of the loan payable are as follows; (i) Total amount available of loan is $150,000, (ii) bonus shares of 200,000 common shares of the Company for every $50,000 tranche, up to a total of 600,000 common shares can be issued if the full amount is drawn down, (iii) a 1% Net Profit Interest (“NPI”) in a future remediation project, and (iv) earns interest at a rate of 12% per annum.

  • These royalties consist of an additional 1% NSR and a 5% Net Profit Interest royalty on production from certain areas of the Premier Property.

  • Units shall represent the Interest (including ownership and voting interest), but not necessarily the Profit Interest, of each Member.

  • This Assignment of Profit Interest in the Assignor is made, delivered and shall be effective on the date hereof.

  • The Company shall not issue Units to any Member solely to reflect any increase in any Member’s Profit Interest, and a Member’s Interest shall not be deemed to increase or decrease solely as a result of an increase or decrease in the Member’s Profit Interest.


More Definitions of Profit Interest

Profit Interest means the right, title, interest and benefits in and to 100% of Net Operating Profit (as defined in the Profit Interest Agreement) generated by the Company at the VIP gaming room located at the City of Dreams Macau at Crown Towers, City of Dreams, Exxxxxx xx Xxxxx, Xxxxx, Xxxxx.
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Profit Interest means, as to a Member, the applicable percentage set forth after the Member’s name on Exhibit A, as amended from time to time.
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Profit Interest means, with respect to any Person, any right (whether represented by a security or other instrument or Contract) directly or indirectly to participate in the revenues, profits or losses, realized or unrealized gains or liquidation value of, such Person or any Subsidiary, division or business of such Person, but excluding, in each case, any Contract for trail payments, commissions, or fee-based compensation entered into in the ordinary course of business of such Person or any Subsidiary, division or business of such Person and any ETA, Equity Interest, or Compensation and Benefit Plan.
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Profit Interest shall have the meaning specified in each applicable Governing Agreement.
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Profit Interest means the right, title, interest and benefits in and to 100% of Net Operating Profit (as defined in the Profit Interest Agreement) generated by the Company at the VIP gaming room located at the Venetian Macao-Resort-Hotel at Estrada da Baia de N. Senhora da Esperanca, s/n, Taipa, Macao.
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Profit Interest means a series of Partnership Interests designated by the General Partner as a Profit Interest. The Profit Interests outstanding are set forth on Exhibit A, as such Exhibit may be amended from time to time.
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Profit Interest means, with respect to any Person, any right --------------- (whether represented by a security or other instrument or Contract) directly or indirectly to participate in the revenues, profits or losses, realized or unrealized gains or liquidation value of, such Person or any Subsidiary, division or business of such Person, but excluding, in each --- --------- case, any Contract for trail payments, commissions, or fee-based compensation entered into in the ordinary course of business of such Person or any Subsidiary, division or business of such Person and any ETA, Equity Interest, or Compensation and Benefit Plan.
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