Series A Interest definition

Series A Interest means the Interest in the Company initially issued to the Managing Member in consideration of its Initial Capital Contribution.

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Series A Interest means, with respect to any holder of Series A Interests, the rights of such Member under this Agreement and applicable Law, including the right to a share of Net Income and Net Loss, to Distributions and to the Brokerage Assets upon redemption of the Series A Interests or liquidation of the Company, all in accordance with this Agreement.

Series A Interest means any share or other instrument evidencing a Series A preferred stock ownership interest in the Debtor, whether or not transferable or denominated "stock" or similar security, and any options, warrants, convertible security, or other rights to acquire such shares or other instruments, or any legal, equitable, or contractual Claim arising therefrom, including but not limited to Claims arising from the purchase or sale of any such security or instrument, the rescission of a purchase or sale of any such security or instrument, or for reimbursement or contribution on account of such a Claim.

Examples of Series A Interest in a sentence

No Person, other than a Person who holds a Series A Interest, shall have any claim on or any right to any assets allocated solely to the Series A Interests.
Pursuant to any limitations on the transfer contained in the Securityholder Agreement dated March 19, 2004, by and among AmerAlia, Soda, Holdings and Sentient LP’s predecessors in interest, AmerAlia consents to the transfer of the Soda Series A Debenture and the Soda Series A Interest to Sentient LP.
Further, no Holder of a Beneficial Interest may transfer, assign, pledge, or hypothecate any portion of such interest to another party unless such Holder also transfers, assigns, pledges, or hypothecates the same pro rata share of its Liquidation Trust Series A Interest to the same party.
The obligations purchased by Sentient LP, i.e., the Soda Series A Debenture and the Soda Series A Interest have been transferred to Sentient LP and are registered on Holdings’ books and records (noted as owned by Sentient LP) so that interest accrued and paid thereon (as provided in the Series A Debentures) will qualify as “portfolio interest” obligation within the meaning of Section 871(h) of the Internal Revenue Code of 1986, as amended.
Subject to the terms and conditions contained herein, effective March 31, 2008 Fund III purchases from Sentient LP the Sentient LP Series A Interest and effective the same date, Sentient LP sells, assigns, transfers and delivers to Fund III the Sentient LP Series A Interest, free and clear of all liens, pledges, charges or encumbrances of any nature.
Pursuant to any limitations on the transfer contained in the Securityholder Agreement dated March 19, 2004, by and among AmerAlia, Soda, Holdings and Sentient LP’s predecessors in interest, Soda consents to the transfer of the Soda Series A Debenture and the Soda Series A Interest to Sentient LP.
Sentient LP owns the Sentient LP Series A Interest free and clear of all liens, claims and encumbrances and as a result of this Agreement, Fund III will own the Sentient LP Series A Interest free and clear of all liens, claims and encumbrances except those in favor of Fund III.
From time to time, at the request of the other party, he or it will, without further consideration, execute and deliver such further instruments of conveyance, assignment, and transfer, assumption, or agreement to perform and discharge, pay, encumber or indemnify, as appropriate, in order to more effectively convey and transfer the Soda Series A Debenture and the Soda Series A Interest to Sentient LP.
Fund III is willing to purchase (i) the AmerAlia Series A Interest, and (ii) the Sentient LP Series A Interest, on the terms set forth below.
Sentient LP will hold any payments it receives from or on behalf of Holdings on the Series A Debentures owned by Sentient LP in trust for the benefit of Fund III and Sentient LP agrees that such amounts will be paid to Fund III until it has been paid the Sentient LP Series A Interest, in full.

More Definitions of Series A Interest

Series A Interest means that series of Interests for a Limited Partner who has been designated by the General Partner as holding a Series A Interest and is reflected in the books and records of the Partnership as such, or otherwise designated by the General Partner as a Series A Interest.