Restricted Membership Interest definition

Restricted Membership Interest therein to "Holdings Restricted Membership Interest" (as defined in that certain Xxxxxx Contribution and Amendment Agreement dated as of February 26, 1998). The Company and Gaming Holdings hereby agree that if the Company purchases the unvested portion of the Holdings Restricted Membership Interest pursuant to such amended Section 4(f)(3) of the Employment Agreement, Gaming Holdings shall promptly thereafter purchase such Holdings Restricted Membership Interest from the Company for a purchase price of $1.
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Restricted Membership Interest means the grant of a Membership Interest in accordance with Section 8 hereof.
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Restricted Membership Interest or "any equity compensation granted to Executive by the Company" are, respectively, changed to the "Holdings Restricted Membership Interest" and "any equity compensation granted by Gaming Holdings."
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Examples of Restricted Membership Interest in a sentence

  • If Executive exercises the Put hereunder, the Company must purchase the Restricted Membership Interest or shares within ninety (90) days of Executive's exercise of the Put.

  • The Company and Gaming Holdings hereby agree that if the Company purchases the unvested portion of the Holdings Restricted Membership Interest pursuant to such amended Section 4(f)(3) of the Employment Agreement, Gaming Holdings shall promptly thereafter purchase such Holdings Restricted Membership Interest from the Company for a purchase price of $1.

  • On the date the On-Call Period commences, Executive has the right to purchase a membership interest equal to seventy-five hundredths (0.75%) percent of the total membership interests of the Company for a total purchase price of $450.00, which amount equals 100% of the fair market value of Executive's membership interest on the date of purchase (the "Restricted Membership Interest").

  • On the Commencement Date, Executive has the right to purchase a membership interest equal to twenty-five hundredths (0.25%) percent of the total membership interests of the Company for a total purchase price of $150.00, which amount equals 100% of the fair market value of Executive's membership interest on the date of purchase (the "Restricted Membership Interest").

  • On the Execution Date, Executive has the right to purchase a restricted membership interest in the capital of Gaming Holdings equal to Three Quarters of One Percent (.75%) of the total membership interests of Gaming Holdings for a total purchase price of Four Hundred Fifty Dollars ($450), which amount equals One Hundred Percent (100%) of the fair market value of Executive's membership interest on the date of purchase (the "Holdings Restricted Membership Interest").

  • On the Execution Date, Executive has the right to purchase a restricted membership interest in the capital of Gaming Holdings equal to One Quarter of One Percent (.25%) of the total membership interests of Gaming Holdings for a total purchase price of One Hundred Fifty Dollars ($150), which amount equals One Hundred Percent (100%) of the fair market value of Executive's membership interest on the date of purchase (the "Holdings Restricted Membership Interest").

  • On the date of signing of this Agreement by the parties hereto, Executive shall purchase a membership interest equal to two percent of the total membership interest of the Company, for a purchase price of $1200, which amount equals 100% of the fair market value of Executive's membership interest on the date of purchase (the "Restricted Membership Interest").

  • On the Execution Date, Executive has the right to purchase a restricted membership interest in the capital of Gaming Holdings equal to One Percent (1.0%) of the total membership interests of Gaming Holdings for a total purchase price of Six Hundred Dollars ($600), which amount equals One Hundred Percent (100%) of the fair market value of Executive's membership interest on the date of purchase (the "Holdings Restricted Membership Interest").

  • On the Execution Date, Executive has the right to purchase a membership interest equal to one (1%) percent of the total membership interests of the Company for a total purchase price of $600.00, which amount equals 100% of the fair market value of Executive's membership interest on the date of purchase (the "Restricted Membership Interest").

  • The candidacy examinations are usually taken no sooner than the semester in which the last formal graduatecourses listed in the program of study are being taken.

Related to Restricted Membership Interest

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

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

  • Membership Interest means a Member’s entire interest in the Company including such Member’s right to receive allocations and distributions pursuant to this Agreement and the right to participate in the management of the business and affairs of the Company in accordance with this Agreement, including the right to vote on, consent to, or otherwise participate in any decision or action of or by the Members granted pursuant to this Agreement.

  • Partnership Interest means an interest in the Partnership, which shall include the General Partner Interest and Limited Partner Interests.

  • Membership Interests has the meaning set forth in the recitals.

  • 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.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of the Act.

  • Membership Units means the limited liability company interests in the Company held by the Members, expressed as a number of units held by each Member and set forth opposite such Member's name on Schedule I attached hereto, as amended, modified or supplemented from time to time.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • 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.

  • Membership Unit means an outstanding common membership unit of the LLC.

  • Derivative Partnership Interests means any options, rights, warrants, appreciation rights, tracking, profit and phantom interests and other derivative securities relating to, convertible into or exchangeable for Partnership Interests.

  • Pledged Partnership Interests means all interests in any general partnership, limited partnership, limited liability partnership or other partnership including, without limitation, all partnership interests listed on Schedule 4.4(A) under the heading “Pledged Partnership Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such partnership interests and any interest of such Grantor on the books and records of such partnership or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such partnership interests.

  • Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds held in a Book Entry System.

  • Indirect Ownership Interest means an ownership interest in an entity that has an ownership interest in another entity. Indirect ownership interest includes an ownership interest in an entity that has an indirect ownership interest in another entity.

  • Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • Applicable Ownership Interest means, with respect to the Treasury portfolio,

  • Continuing ownership interest means ownership of or entitlement to more than twenty five per cent of shares or capital or profits of the company;

  • Residual Ownership Interest Any record or beneficial interest in the Class R Certificates.

  • Subsidiary REMIC Interest Any one of the Subsidiary REMIC Interests or the SR-A-R Interest.

  • Ownership Interests means, with respect to any entity, any ownership interests in the entity and any economic rights (such as a right to distributions, net cash flow or net income) to which the owner of such ownership interests is entitled.

  • Substituted Member means a Person that is admitted as a Member to the Company pursuant to Section 12.01.

  • Transferred Interests has the meaning set forth in the Recitals.

  • Deemed Partnership Interest Value means, as of any date with respect to any class of Partnership Interests, the Deemed Value of the Partnership Interests of such class multiplied by the applicable Partner's Percentage Interest of such class.

  • Controlling ownership interest means ownership of or entitlement to more than twenty-five percent of shares or capital or profits of the company;