Sharing Interest definition

Sharing Interest shall have the meaning set forth in the LLC Operating Agreement.
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Sharing Interest means, with respect to any Member, the percentage determined by dividing (1) such Member’s Committed Capital at the time of determination, by (2) the aggregate Committed Capital of all Members at the time of determination; provided, however, that, for purposes of this definition only, Committed Capital shall be adjusted as follows:
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Sharing Interest shall have the meaning set forth in the IMFS Agreement.
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Examples of Sharing Interest in a sentence

  • Indicate not applicable with "N/A" or "None." Held by: (check) County Size (Acreage or Sq.Ft.) Individuals or Entities Sharing Interest Current Use* Acquisition DatePublic Employee:Spouse / Domestic Partner:Dependent Children:N/A *Specify if commercial, industrial, residential, rental, farm or vacant.

  • The obligation to pay any Junior Profit Sharing Interest shall continue to apply until there are no assets left in the Group to dispose of (subject to legal restrictions).

  • The Senior Profit Sharing Interest will thus be prioritized before the Junior Bonds and the Junior Profit Sharing Interest.

  • The Directors shall be entitled to suspend a Member’s right to utilize his Time- Sharing Interest, if such a Member is in default of any of his obligations in terms of this MOI or the Use Agreement.

  • Equity Sharing Interest, if any, shall be paid to Lender even if Lender repurchases the Property from Borrower.

  • Indicate not applicable with "N/A" or "None." Held by: (check) County Size (Acreage or Sq.Ft.) Individuals or Entities Sharing Interest Current Use* Acquisition Date None *Specify if commercial, industrial, residential, rental, farm or vacant.

  • If the interest needs to be refunded, please follow the steps below to find out the interest amount Refer to Email on Subject: Cost Sharing Interest Allocation (link) Use the ledger query to check the total interest allocated to the Country Office by Oper Unit and/or Department ID.

  • After the last day of the ninth note Year, Equity Sharing Interest shall be zero (0).

  • The Senior Bonds will have a similar "profit sharing interest" component of 4.00 per annum (the "Senior Profit Sharing Interest") and will be payable in case there are sufficient surplus cash left in the Issuer after the full redemption of the Senior Bonds and payment of development and management fees.

  • The right to receive payment of Junior Profit Sharing Interest shall be prescribed and become void three (3) years from the relevant due date for payment.


More Definitions of Sharing Interest

Sharing Interest shall have the meaning set forth in the Operating Agreement.
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Sharing Interest of a Member shall mean such Member’s right to share in the profits and losses of the Company as set forth in Sections 6.2 and 6.3.
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Sharing Interest shall have the meaning set forth in the IMFT Agreement or IMFS Agreement, as applicable. For the avoidance of doubt, the relevant Parties’ Sharing Interests as of the date of this Agreement are as follows: (i) with respect to IMFT, **** for Intel and **** for Micron; and (ii) with respect to IMFS, **** for Intel Singapore and **** for Micron Singapore. **** **** **** shall have the meaning set forth in **** of this Agreement.
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Related to Sharing Interest

  • Voting Interest With respect to any provisions hereof providing for the action, consent or approval of the Holders of all Certificates evidencing specified Voting Interests in the Trust Estate, the Holders of each Class of Certificates will collectively be entitled to the then applicable percentage of the aggregate Voting Interest represented by all Certificates equal to the ratio obtained by dividing the Principal Balance of such Class by the sum of the Class A Principal Balance and the Class B Principal Balance. Each Certificateholder of a Class will have a Voting Interest equal to the product of the Voting Interest to which such Class is collectively entitled and the Percentage Interest in such Class represented by such Holder's Certificates. With respect to any provisions hereof providing for action, consent or approval of each Class of Certificates or specified Classes of Certificates, each Certificateholder of a Class will have a Voting Interest in such Class equal to such Holder's Percentage Interest in such Class.

  • 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.

  • 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.

  • Controlling Interest means: (1) an ownership interest or participating interest in a business entity by virtue of units, percentage, shares, stock, or otherwise that exceeds 10 percent; (2) membership on the board of directors or other governing body of a business entity of which the board or other governing body is composed of not more than 10 members; or (3) service as an officer of a business entity that has four or fewer officers, or service as one of the four officers most highly compensated by a business entity that has more than four officers. Subsection (3) of this section does not apply to an officer of a publicly held business entity or its wholly owned subsidiaries.

  • Profits Interest means an interest in the Company that is intended to be classified as a profits interest within the meaning of Internal Revenue Service Revenue Procedure 93-27 and 2001-43 (or the corresponding requirements of any subsequent guidance promulgated by the Internal Revenue Service or other Law) for U.S. federal income tax purposes, including the Class C Common Incentive Units.

  • 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.