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

  • Working Interest means an interest in oil and/or gas in the unit area by virtue of a lease, operating agreement, fee title, or otherwise, including a carried interest, the owner of which is obligated to pay, either in cash or out of production or otherwise a portion of the unit expense.

  • Participating Interest is defined in Section 1.2(d) hereof.

  • qualifying interest means the aggregate interest, discount or original issue discount receivable by a resident individual in any year of income

  • 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.

  • 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.

  • Compensating Interest As defined in Section 3.24 hereof.

  • 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.

  • Percentage Interest As to any Certificate, the percentage interest evidenced thereby in distributions required to be made on the related Class, such percentage interest being set forth on the face thereof or equal to the percentage obtained by dividing the Denomination of such Certificate by the aggregate of the Denominations of all Certificates of the same Class.

  • Sharing Ratio means, subject in each case to adjustments in accordance with this Agreement or in connection with Dispositions of Membership Interests, (a) in the case of a Member executing this Agreement as of the date of this Agreement or a Person acquiring such Member’s Membership Interest, the percentage specified for that Member as its Sharing Ratio on Exhibit A and (b) in the case of Membership Interests issued pursuant to Section 3.1, the Sharing Ratio established pursuant thereto; provided, however, that the total of all Sharing Ratios shall always equal 100%.

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

  • 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.

  • Net Profits Interest means an interest in a Producing Property which entitles the holder thereof to a share of the gross revenues from oil and gas production from the Producing Property less all operating, production, development, transportation, transmission and marketing expenses, severance, sales, ad valorem and excise taxes (including the windfall profit tax) attributable to such production.

  • underlying interest means, for a derivative, the security, commodity, financial instrument, currency, interest rate, foreign exchange rate, economic indicator, index, basket, agreement, benchmark or any other reference, interest or variable, and, if applicable, the relationship between any of the foregoing, from, to or on which the market price, value or any payment obligation of the derivative is derived, referenced or based; and

  • 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.

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

  • 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.

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

  • casual taxable person means a person who occasionally undertakes transactions involving supply of goods or services or both in the course or furtherance of business, whether as principal, agent or in any other capacity, in the taxable territory where he has no fixed place of business;

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

  • Class R-3 Interest The uncertificated Residual Interest in REMIC 3.

  • Carried Interest means an equity interest in the Partnership issued to a Person without consideration, in the form of cash or tangible property, in an amount proportionately equivalent to that received from the Participants.

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

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