Restricted Interest definition

Restricted Interest means each of the following—

Restricted Interest has the meaning set forth in Section 1.5; -----------

Restricted Interest means any lease, mineral interest, royalty or overriding royalty, fee right, reversionary interest, non-participating royalty interest, mineral servitude, license, concession or other right covering oil, gas and related hydrocarbons (or a contractual right to acquire such an interest) or an undivided interest therein or portion thereof, together with all appurtenances, easements, permits, licenses, servitudes and rights-of-way situated upon or used or held for future use in connection with such an interest or the exploration, development or operation thereof. A “Restricted Interest” shall also mean and include (a) all rights and interests in all lands and interests unitized or pooled therewith pursuant to any law, rule, regulation or agreement and (b) any agreements, contracts, options, instruments or other arrangements to acquire, either directly or indirectly or of record or beneficially, any of the interests described in this definition.

Examples of Restricted Interest in a sentence

• Promptly (i) notify the Trustee of the existence of each Note that constitutes a PTP Transfer Restricted Interest and (ii) following a request from the Trustee, confirm to the Trustee if any Note specified by the Trustee constitutes a PTP Transfer Restricted Interest.

• No SPV Entity shall during the term of this Agreement issue any LCR Restricted Interests except with the prior written consent of the Administrative Agent and the Majority Group Agents, which consent specifies or acknowledges that the relevant commercial paper or security to be issued is an LCR Restricted Interest.

• Notwithstanding anything to the contrary set forth in this Indenture or in the Securities, the maximum number of shares of Common Stock which can be issued in respect of the Securities upon conversion (whether pursuant to Article X or upon a Mandatory Conversion), Restricted Interest, Make Whole Premium or otherwise shall be limited to 201,880,000 shares of Common Stock in the aggregate for $70,000,000 in aggregate Principal Amount of Securities as of the date of this Indenture.

• Anything in this Agreement to the contrary notwithstanding, the Triton Entities shall not be obligated to transfer to Purchaser any Restricted Interest without the required consent, waiver or authorization necessary for such transfer first having been obtained pursuant to Section 6.4(b); provided, -------------- however, that any Restricted Interest shall be transferred promptly (but in any event within five (5) Business Days) after receipt of such required consent, waiver or authorization.

• On or prior to the record date immediately preceding the interest payment date for which Restricted Interest will be paid, the Company must give written notice to the Trustee and file a Current Report on Form 8-K of its intention to issue shares of Common Stock in respect of Restricted Interest and the amount of Restricted Interest per $1,000 in principal amount of Securities.

More Definitions of Restricted Interest

Restricted Interest shall also mean and include (a) all rights and interests in all lands and interests unitized or pooled therewith pursuant to any law, rule, regulation or agreement and (b) any agreements, contracts, options, instruments or other arrangements to acquire, either directly or indirectly or of record or beneficially, any of the interests described in this definition.

Restricted Interest means a membership interest in the form of a “restricted interest” in in the Company granted to MIP RI LLC, which corresponds to a restricted interest in MIP RI LLC granted to an eligible service provider of the Company or any of its Subsidiaries.

Restricted Interest means an Interest that is a restricted security for the purposes of the Listing Rules;

Restricted Interest shall have the meaning set forth in Section 5.01(c).

Restricted Interest has the meaning specified in paragraph 1 of the Security.

Restricted Interest shall have the meaning set forth in Section 7.1.

Restricted Interest. ("Restricted Interest") shall not be entitled to transfer, assign, convey, sell, encumber or in any way alienate all or any part of its Membership Interest (collectively, "transfer") except with (i) the prior written consent of Members holding a majority of the non-Restricted Interests, which consent may be given or withheld, conditioned or delayed, as such Members may determine in their sole and absolute discretion except that in the case of transfers for estate planning purposes which do not result in a change in control, such consent shall not be unreasonably withheld, and (ii) compliance with all applicable federal and state securities laws. Members who do not hold Restricted Interests may transfer their Membership Interests without obtaining the consent of the Members and such transferee shall, upon agreeing to be bound by the terms of this Agreement, automatically become admitted as a substitute Member and shall have all of the rights and obligations of a Member. Transfers in violation of this Article VII shall only be effective to the extent set forth in Section 7.5. After the consummation of any transfer of any part of a Restricted Interest, the Restricted Interest so transferred shall continue to be subject to the terms and provisions of this Agreement and any further transfers shall be required to comply with all the terms and provisions of this Agreement. Without limiting the generality of the foregoing, the sale or exchange of any voting stock of a Member who holds a Restricted Interest, if a Member is a corporation, or the transfer of an interest in the capital or profits of a Member who holds a Restricted Interest (whether accomplished by the sale or exchange of interests or by the admission of new partners or members), if a Member is a partnership or limited liability company, will be deemed to constitute a transfer of a Membership Interest subject to this Article VII.