Relative Interest definition

Relative Interest means the percentage determined by a fraction, the numerator of which is the Capital Contributions deemed to be made by the General Partner, the Initial Limited Partner and the Special Limited Partners on the Effective Date to the Partnership and the denominator of which is such Capital Contributions plus the capital contributions deemed to be made by the partners of LCIF I to LCIF I on the Effective Date. LXP may require the Partnership to adjust the Relative Interest from time to time, in its discretion (provided that the sum of the Relative Interest of the Partnership and the relative interest of LCIF I continue to total one (1.0)), so that each Partnership Unit held by the Special Limited Partners remains substantially equivalent to each partnership unit held by the special limited partners in LCIF I with regard to (i) allocations of income, gain, loss, deduction and credit, (ii) distributions from Operating Cash Flow and (iii) distributions upon dissolution and liquidation of the Partnership and LCIF I.
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Relative Interest of any Member, as compared to any other Member or Members, shall mean the proportion that such Member's Percentage Interest bears to such other Member's or Members' Percentage Interests.
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Relative Interest means the percentage determined by a fraction, the numerator of which is the Capital Contributions deemed to be made by the General Partner, the Initial
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Examples of Relative Interest in a sentence

  • LXP shall also be reimbursed by the Partnership for the product of (i) the Relative Interest and (ii) all expenses LXP incurs relating to the reorganization of LXP, the Partnership, the General Partner and the Limited Partner, and any other issuance of REIT Shares pursuant to Section 4.2 hereof.

  • The REIT shall repurchase the Repurchased Shares from each Call Party in proportion to each Call Party's Relative Interest.

  • No Member shall have the right, other than District as provided in Section 11(b) below, to make a unilateral contribution to the capital of Mercy Maricopa, or to acquire in some manner a larger Percentage Interest or Relative Interest in Mercy Maricopa without the consent of all of the other Members.

  • Recall that in the years and months before the real estate bubble burst, home ownership was promoted from financial, moral, safety and ethical grounds as the achievement of the American Figure 1Relationship Between Relative Interest Rates and Relative Home Values (1970-2000) Dream.

  • We use OLS to estimate Loan Maturity and Interest Rate regressions and Logit model to estimate Collateral Requirement regression.Given that large firms and those with higher ROA and Asset Tangibility have greater ability to repay a loan, we expect positive signs on ROA, SIZE, and Asset Tangibility when Loan Maturity serves as the dependent variable and a negative sign when Collateral Requirement or Relative Interest Rate serves as the dependent variable.

  • For purposes of this Section 1.01(c), a Call Party's "Relative Interest" shall mean the number of shares of Common Stock then held by such Call Party divided by the total number of shares of Common Stock then held by all of the Call Parties.

  • If District increases its Relative Interest in Mercy Maricopa to thirty-three and one-third percent (33-1/3%) as provided in Section 11(b), the Members agree that the decisions reserved to the Managing Member under Section 3.8 of the Bylaws of Mercy Maricopa shall be converted to decisions reserved to the Members under Section 3.9 of the Bylaws.

  • LXP and the General Partner shall be reimbursed by the Partnership for the product of (i) the Relative Interest and (ii) all expenses the General Partner and LXP incurs relating to the formation and organization of the General Partner, the Partnership and the Limited Partner, and any other issuance of REIT Shares pursuant to Section 4.2 hereof.

  • Table-11Perception of Relative Interest Rate Paid per Different MFI Perception of Relative interest rate compared to other MFI's 58 Islamic Economic Studies, Vol.

  • NC Identification & Notice Tools ⮚ NC Revised Policy: http://info.dhhs.state.nc.us/olm/manuals/dss/csm- 10/man/CSs1201c4.pdf ⮚ Optional Samples ⚫ Sample letter (DSS-5317) for notice to relatives ⚫ Relative Interest Form (DSS-5316) ⚫ Relative Search Info.


More Definitions of Relative Interest

Relative Interest means, with respect to each TRA Party, a percentage equal to (a) the number of Units in OpCo held by such TRA Party immediately prior to the IPO divided by (b) the total number of Units in OpCo held by all TRA Parties immediately prior to the IPO.
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Relative Interest means, with respect to any LLC Owner, the quotient obtained by dividing (x) the number of Cambio Partners membership units set forth opposite such LLC Owner’s name on Exhibit A by (y) the aggregate number of Cambio Partners membership units listed on Exhibit A.
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Relative Interest means the number of shares of Common Stock then held by such Call Party divided by the total number of shares of Common Stock then held by all of the Call Parties.
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Relative Interest is defined in Section 1.01(c).
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Related to Relative Interest

  • Derivative Interest means any derivative securities (as defined under Rule 16a-1 under the Exchange Act) that increase in value as the value of the underlying equity increases, including, but not limited to, a long convertible security, a long call option and a short put option position, in each case, regardless of whether (i) such interest conveys any voting rights in such security, (ii) such interest is required to be, or is capable of being, settled through delivery of such security or (iii) transactions hedging the economic effect of such interest.

  • Income interest means the right of an income beneficiary to receive all or part of net income, whether the terms of the trust require it to be distributed or authorize it to be distributed in the trustee's discretion.

  • Economic Interest means a Person’s right to share in the income, gains, losses, deductions, credits, or similar items of the Company, and to receive Distributions from the Company, but excluding any other rights of a Member, including the right to vote or to participate in management, or, except as may be provided in the Act, any right to information concerning the business and affairs of the Company.

  • Class X Interest The regular interest in the Class X REMIC represented by the Class X Certificates as specified and described in the Preliminary Statement and the related footnote thereto.

  • 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.

  • Proportionate Interest has the meaning specified in Section 2.5(d);

  • Class A Interest Each of the Class A-1 and Class A-2 Interests.

  • Base Interest means the interest that would otherwise accrue on the Securities under the terms thereof and the Indenture, without giving effect to the provisions of this Agreement.

  • Asset Interest is defined in Section 2.1(b).

  • Class A Membership Interest means a Class A Membership Interest in Holdings.

  • Available Interest With respect to any Distribution Date, the sum of the following amounts with respect to the prior Monthly Period:

  • Class UT-R Interest The residual interest in the Upper-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.

  • Certificate Interest means the allocable percentage interest of a Certificate held by a Certificateholder.

  • Total Percentage Interest means, with respect to any Partner, the quotient obtained by dividing the number of Units (vested or unvested) then owned by such Partner by the number of Units then owned by all Partners.

  • Class R-I Interest The uncertificated Residual Interest in REMIC I.

  • Net Interest means interest earned on a prearranged

  • Lower Tier Interest As described in the Preliminary Statement.

  • L/C Interest shall have the meaning ascribed to such term in Section 3.6 hereof.

  • Class A Percentage Interest means, with respect to a Class A Member as of a given date, that percentage obtained by dividing the total number of Class A Units owned by such Member by the total number of Class A Units issued and outstanding.

  • Percentage Interest means, with respect to each Note Holder, a fraction, expressed as a percentage, the numerator of which is the Note Principal Balance of the Note held by such Note Holder and the denominator of which is the sum of the Note Principal Balances of all of the Notes.

  • Legitimate Interest means the interest of our business in conducting and managing our business to enable us to give you the best service/product and the best and most secure experience. We make sure we consider and balance any potential impact on you (both positive and negative) and your rights before we process your personal data for our legitimate interests. We do not use your personal data for activities where our interests are overridden by the impact on you (unless we have your consent or are otherwise required or permitted to by law). You can obtain further information about how we assess our legitimate interests against any potential impact on you in respect of specific activities by contacting us.

  • Class R-IV Interest The uncertificated Residual Interest in REMIC IV.

  • Class B Percentage Interest As of any date of determination, with respect to the Class B Certificates, a percentage interest equal to a fraction, the numerator of which is the Class Principal Balance of the Class B Certificates on such date, and the denominator of which is the Class Principal Balance of the Class B Regular Interest on such date.

  • Class B Additional Interest shall have the meaning specified in subsection 4.02(b).

  • Uncertificated Distributable Interest As defined in Section 2.11(g) with respect to any REMIC I Regular Interest for any Distribution Date and in Section 2.13(g) with respect to any REMIC II Regular Interest for any Distribution Date.

  • Class C Percentage Interest As of any date of determination, with respect to the Class C Certificates, a percentage interest equal to a fraction, the numerator of which is the Class Principal Balance of the Class C Certificates on such date, and the denominator of which is the Class Principal Balance of the Class C Regular Interest on such date.