Profit Interests definition

Profit Interests means the Class C-1 units in the capital of High Street outstanding from time to time.
Profit Interests means the Class C-1 units in the capital of High Street ‎outstanding from time to time.
Profit Interests. Profit Interests" when used in this Company Agreement shall mean the interest of the Members in the profits of the Company as indicated on the books and records of the Company. A particular Member's interests in the profits of the Company shall be determined by computing his percentage of profits to the total of all Members' profits as of the date of such determination without regard to any special allocation provided for in Section 8.2

Examples of Profit Interests in a sentence

  • Nonrecourse Deductions for any Fiscal Year shall be specially allocated among the Members in proportion to their respective Profit Interests.

  • The Partnership is not providing the Participant with any tax advice with respect to the Profit Interests Units.

  • Your HoldCo Interests (as per Section 2(b)) are 0.4756 and your Profit Interests (as per Section 2(d)) are 0.4756.

  • Except as otherwise provided in an individual award agreement, Class A Profit Interests granted under the 2018 PII Plan are split equally between time-vesting Class A Tracking Units (“Time-Vesting Profits Interests”) and performance-vesting Class A Tracking Units (“Performance-Vesting Profits Interests”).

  • For a discussion of the assumptions and methodologies used to value the stock awards reported in this table, please see the discussion of Profit Interests contained in Part II Item 8, "Financial Statements and Supplementary Data" of the Company's Annual Report on Form 10-K in Notes to Consolidated Financial Statements at Note 14, "Equity Based Compensation" for the Company's fiscal year ended December 31, 2008.

  • The Option Premium payable to the High Street Holders and USCo2 Class B Holders shall be ‎treated as payment for the right to acquire the Common Membership Units and the Profit Interests of the High Street Holders and the USCo2 Class B Shares of the USCo2 Class B Holders pursuant to Exhibit 1.

  • Pursuant to the Arrangement Agreement, prior to the Initial Effective Time, the High Street Operating Agreement and USCo2 constating documents are required to be amended in order to provide that following the Acquisition Effective Time, each holder of Common Membership Units, vested Profit Interests and USCo2 Shares will have the right to exchange their Common Membership Units, vested Profit Interests and USCo2 Shares, as applicable, for Canopy Shares based on the Exchange Ratio.

  • Your HoldCo Interests (as per Section 2(b)) are 0.2500 and your Profit Interests (as per Section 2(d)) are 0.2500.

  • For the Performance-Vesting Profit Interests the requisite service period, which is determined to be the shorter of the 5 year graded vesting period if it is probable that the EBITDA targets will be met or the 7 year cliff vesting date.

  • During the year ended December 31, 2022, the Company issued 625,337 Class A Profit Interests under the terms of the BEP Diamond Topco Management Holdings LLC Profits Interest Incentive Plan, as amended, with an estimated fair value of $3.6 million to certain employees of the Company.


More Definitions of Profit Interests

Profit Interests means the membership interests in the Company and other rights issued pursuant to the Profit Interest Agreements, and any other profits interests, unit awards, options or other similar equity interests (whether voting or non-voting) in the Company.

Related to Profit Interests