Specified Interests definition

Specified Interests means: (a) solely with respect to the period prior to Closing, Permitted Encumbrances, Assumed Liabilities, Encumbrances set forth in Section 1.1(f) of the Disclosure Letter, Encumbrances disclosed on the Seller Financial Statements or notes thereto or securing Liabilities reflected in the Seller Financial Statements or notes thereto, Encumbrances incurred in the Ordinary Course of Business since the date of the Balance Sheet that would not reasonably be expected to be material to the Business (taken as a whole) and (b), from and after the Closing, after giving effect to the Confirmation Order, Permitted Encumbrances and Assumed Liabilities.
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Specified Interests has the meaning specified in the Titling Subsidiary Agreements.
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Specified Interests means: (a) solely with respect to the period prior to Closing, Permitted Encumbrances, Assumed Liabilities, Excluded Liabilities, Encumbrances set forth in Section 1.1(f) of the Disclosure Letter, Encumbrances disclosed on the Seller Financial Statements or notes thereto or securing Liabilities reflected in the Seller Financial Statements or notes thereto, Encumbrances incurred in the Ordinary Course of Business since the date of the Balance Sheet, non-exclusive licenses of Intellectual Property relating to the development, manufacture, distribution, sale or other commercialization of Products granted in the Ordinary Course of Business, and Encumbrances which would not reasonably be expected to be material to (A) the Business (taken as a whole) or (B) any Asset Class (taken as a whole) and (b) from and after the Closing, after giving effect to the Sale Order, Permitted Encumbrances and Assumed Liabilities.
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Examples of Specified Interests in a sentence

  • The Indenture Trustee, by entering into this Indenture, and each Noteholder and Note Owner, by accepting a Note or an interest or participation in a Note, acknowledge and agree that they have no right, title or interest in or to any other assets of the Titling Companies, including assets allocated to Specified Interests other than the Collateral Specified Interest (“Other Borrower Assets”).

  • The Indenture Trustee, by entering into this Indenture, and each Noteholder and Note Owner, by accepting a Note or an interest or participation in a Note, acknowledge and agree that they have no right, title or interest in or to any other assets of the Titling Companies, including assets allocated to Specified Interests other than the Collateral Specified Interest ("Other Borrower Assets").

  • The Indenture Trustee, by entering into this Indenture, and each Noteholder and Note Owner, by accepting a Note or a beneficial interest in a Note, acknowledge and agree that they have no right, title or interest in or to any other assets of the Titling Companies, including assets allocated to Specified Interests other than the Collateral Specified Interest or the EV Specified Interest ("Other Borrower Assets").

  • All Titling Trust Leases, Titling Trust Vehicles and proceeds of the foregoing will be allocated to Specified Interests, and no Titling Trust Asset may at any time be allocated to more than one Specified Interest (without limiting the right of more than one Specified Interest to be a beneficiary of, or named as the loss payee or additional insured with respect to, any insurance policy).

  • To the extent that the Servicer self-insures vicarious liability suffered by the Covered Parties that arises out of the use or operation of the Vehicles (including other vehicles owned by the Titling Trust that are allocated to other Specified Interests), the Servicer will indemnify the Covered Parties for any uninsured losses relating to such vicarious liability.

  • The Specified Interests shall include all Interests held by the Notifying Member.

  • Any Manager elected as provided in the preceding sentences may be removed without cause by, and any vacancy in the office of any such removed Manager may be filled by, and only by, the affirmative vote of the Members holding the Specified Interests entitled to elect such Manager or Managers, given either at a special meeting of such Members duly called for that purpose or pursuant to a written consent of Members.

  • At any meeting held for the purpose of electing a Manager, the presence in person or by proxy of the holders of a majority of the outstanding voting power of the Specified Interests entitled to elect such Manager shall constitute a quorum for the purpose of electing such Manager and the candidate or candidates to be elected by such Specified Interests shall be those who receive the highest number of affirmative votes (on an as-converted basis) of the outstanding voting power of such Specified Interests.

  • If an Insolvency Event occurs with respect to the Company, any claim that the Holder of this Certificate may seek to enforce against the Company or the Specified Assets allocated to any Specified Interest of the Company other than the Specified Interest represented by this [ ] Certificate will be subordinate to the payment in full, including post-petition interest, of the claims of the holders of any Securities related to the Specified Assets allocated to such other Specified Interests of the Company.

  • Further, the MPF Bank(s) hereby authorizes the MPF Provider to send general ledger entries to its/their respective general ledger by means of electronic file reports to reflect the MPF Banks’ respective Specified Interests in the Program Loans funded or purchased under the Master Commitment.


More Definitions of Specified Interests

Specified Interests means any Equity Interests of Holdings beneficially owned by Xxxxxx Xxxxxxx and, solely with respect to Xxxxxx Xxxxxxx, Permitted Investors described in clauses (B)(ii), (iii), (iv) and (v) of the definition thereof.
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Specified Interests are any interests in a Sxxxxxx Recipient that are distributed in respect of the MGIC/Radian Purchased Class A Units.
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Specified Interests means, with respect to any Policy or any proceeds thereof, the Debtor NIRAN Collateral Specified Interest, the Debtor MFF Collateral Specified Interest, the Debtor Lien-Free Specified Interest, the CFH Specified Interest and the Debtor Collateral Agent Specified Interest in such Policy.
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Specified Interests any and all interest in the following entities: Chonqquing Changon Visteon Engine Control Sys. Co. Ltd., Climate Systems India Limited, Halla Climate Control (Dalian) Co. Ltd, Japan Climate Systems Corporation, FAWER Visteon Climate Control System (Changchun) Co. Ltd. (f/k/a United Aluminum Radiator Company, Ltd.), Visteon Automotive Systems India Pvt. Ltd., and Yanfeng Visteon Automotive Electronics Company Ltd.
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Specified Interests has the meaning set forth in Section 1.1 of the Company Disclosure Letter.
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Related to Specified Interests

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

  • Allocated interests means the following interests allocated to each unit:

  • 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.

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

  • Purchased Interest means, at any time, the undivided percentage ownership interest of the Purchasers in: (a) each and every Pool Receivable now existing or hereafter arising, (b) all Related Security with respect to such Pool Receivables and (c) all Collections with respect to, and other proceeds of, such Pool Receivables and Related Security. Such undivided percentage ownership interest shall be computed as:

  • Pledged Interests shall have the meaning ascribed to such term in Section 4(j).

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

  • 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.

  • 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.