Profits Interest Agreement definition

Profits Interest Agreement means the Amended and Restated Partner Profits Participation Agreement among KMG Realty, LLC and the members of Borrower dated on or around December 19, 2019.
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Profits Interest Agreement means the Amended and Restated Partner Profits Participation Agreement among KMG Realty, LLC and the members of GPM dated December 2019.
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Profits Interest Agreement means a written agreement between the Company and a Participant evidencing the terms and conditions of an individual grant of Shares. Each Profits Interest Agreement shall be subject to the terms and conditions of the Plan.
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Examples of Profits Interest Agreement in a sentence

  • Pending Litigation On April 1, 2013, Xxxxxxxx Operating, LLC (“Xxxxxxxx”), filed suit against Xxxxxx Midstream Holdings, LLC and Xxxxxx Midstream, LLC (collectively, “Xxxxxx”), alleging that URSFS Holdings, LLC and URS Field Services, LLC, Marlin’s predecessors in interest, breached the Net Profits Interest Agreement, dated as of November 29, 2005, by and between URSFS Holdings, LLC and Xxxxxxxx Operating Company, Xxxxxxxx’x predecessor in interest.

  • Any Transfer or attempted Transfer of Class C Units in violation of the Profits Interest Plan or Profits Interest Agreement or this Agreement will be deemed a material breach of this Agreement and will give rise to the Managers’ right to cause cancellation and forfeiture of the Class C Units.

  • EXHIBIT 10.1PROFITS INTEREST AGREEMENTOFAIP OPERATION LLCThis Profits Interest Agreement (This Agreement) is concluded in accordance with the limited liability agreement of AIP OPERATION LLC (Company) and between it (Member).

  • Notwithstanding anything to the contrary contained in this Agreement, a Class C Member may Transfer all or any portion of its Class C Units only if permitted by the Profits Interest Plan and Profits Interest Agreement.


More Definitions of Profits Interest Agreement

Profits Interest Agreement means that certain Profits Interest Agreement by and between Borrower and Lender providing for the participation by Lender in the profits derived from the Property.
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Profits Interest Agreement means any Profits Interest Agreement pursuant to which Class C Units are issued to a participant under the Profits Interest Plan, as such agreement may be amended, modified or supplemented from time to time.
Sample 1
Profits Interest Agreement means, with respect to each Member who holds LLC Units received in exchange for Class A-2 Units and/or Class B Units in H&W FH, that certain Profits Interest Plan Award Agreement entered into between such Member and H&W FH, pursuant to which H&W FH granted such H&W FH units to such Member, as the same may be amended, restated or otherwise modified from time to time.
Sample 1

Related to Profits Interest Agreement

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

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

  • Trust Agreement means this Amended and Restated Trust Agreement, as the same may be modified, amended or supplemented in accordance with the applicable provisions hereof, including all exhibits hereto, including, for all purposes of this Trust Agreement and any such modification, amendment or supplement, the provisions of the Trust Indenture Act that are deemed to be a part of and govern this Trust Agreement and any such modification, amendment or supplement, respectively.

  • Sub-grant Agreement means an agreement entered into, or proposed to be entered into, between the Bank and a Sub-grant Recipient; and

  • Project Funding Agreement means an agreement in the form of Schedule F that incorporates the terms of this Agreement and enables the LHIN to provide one-time or short term funding for a specific project or service that is not already described in Schedule A;

  • LLC Agreement means the Limited Liability Company Agreement of the Company, as amended from time to time pursuant to its terms.

  • Performance Agreement means an agreement between an HSP and its CEO that requires the CEO to perform in a manner that enables the HSP to achieve the terms of this Agreement and any additional performance improvement targets set out in the HSP’s annual quality improvement plan under the Excellent Care for All Act, 2010;

  • Intercompany Subordination Agreement means an intercompany subordination agreement, dated as of even date with this Agreement, executed and delivered by each Loan Party and each of its Subsidiaries, and Agent, the form and substance of which is reasonably satisfactory to Agent.

  • Tax Receivable Agreement means that certain Tax Receivable Agreement, dated as the date of the Effective Date, by and among the Corporation and the Company, on the one hand, and the TRA Holders (as such term is defined in the Tax Receivable Agreement) party thereto, on the other hand (together with any joinder thereto from time to time by any successor or assign to any party to such agreement) (as it may be amended from time to time in accordance with its terms).