Undivided Interest means the undivided interest in the Trust evidenced by an Investor Certificate.
Fractional Undivided Interest Means the fractional undivided interest in the Trust that is evidenced by a Certificate.
Class A Membership Interest means a Class A Membership Interest in Holdings.
Class B Membership Interest means a Class B Membership Interest in Holdings.
REMIC I Interests The REMIC I Regular Interests and the Class R-I Certificates.
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.
Class B Interests As set forth in the Trust Agreement.
Class P Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class P Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.
REMIC II Interests means, collectively, the REMIC II Regular Interests and the Class R-II Certificates.
Class R-I Interest The uncertificated Residual Interest in REMIC I.
Membership Interests has the meaning set forth in the recitals.
Class R-4 Interest The uncertificated Residual Interest in REMIC 4.
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.
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.
Class R-IV Interest The uncertificated Residual Interest in REMIC IV.
Preferred Interests means, with respect to any Person, Equity Interests issued by such Person that are entitled to a preference or priority over any other Equity Interests issued by such Person upon any distribution of such Person’s property and assets, whether by dividend or upon liquidation.
Class R-II Interest The uncertificated Residual Interest in REMIC II.
Transferred Interests has the meaning set forth in the Recitals.
Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.
Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].
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.
Class R-III Interest The uncertificated Residual Interest in REMIC III.
Percentage Interests shall have the meaning specified in the Trust Agreement.
Class R-2 Interest The uncertificated Residual Interest in REMIC 2.
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.
Class R-3 Interest The uncertificated Residual Interest in REMIC 3.