Total Interest definition

Total Interest means, with respect to a particular Member at any time, the quotient expressed as a percentage obtained by dividing (i) the number of Common Membership Interests or Class C Membership Interests, as the case may be, held by such Member at such time, by (ii) the number of Common Membership Interests and Class C Membership Interests, in the aggregate, held by all Members at such time.
Total Interest means, with respect to a particular Member at any time, the sum expressed as a percentage obtained from (A) the product of (i) the quotient expressed as a percentage obtained by dividing (a) the number of Class A Membership Interests held by such Member at such time and (b) the number of Class A Membership Interests in the aggregate held by all Members and (ii) Class A Aggregate Membership Interest and (B) the product of (i) the quotient expressed as a percentage obtained by dividing (a) the number of Class B Membership Interests held by such Member at such time and (b) the number of Class B Membership Interests in the aggregate held by all Members and (ii) Class B Aggregate Membership Interest.

Examples of Total Interest in a sentence

  • The Company shall update the Schedule of Members to reflect any changes in the Members, capital contributions, the Membership Interests and the Total Interest of the Members in accordance with the terms of this Agreement.


More Definitions of Total Interest

Total Interest means, as at the date of measurement, the aggregate of the last 12 months interest and financing costs of the Appliances Group, less any interest received on cash held at the bank (for the avoidance of doubt, interest received on loans to Finance shall not reduce Total Interest).
Total Interest. For any Dealer and any Collection Period, the interest on all Receivables of that Dealer during that Collection Period.
Total Interest means, for any period, all Interest Expense payable in respect of the Total Debt for that period.
Total Interest for any period shall mean the accrued and unpaid -------------- interest obligations of Radnor on a Consolidated Basis with respect to its outstanding Indebtedness during such period.
Total Interest means, for any period, the sum (without duplication), for the Customer Group, determined in accordance with Generally Accepted Accounting Principles, of the following: (a) all interest in respect of Indebtedness accrued or capitalized during such period (whether or not actually paid during such period) PLUS (b) the net amounts payable (or MINUS the net amounts receivable) under Rate Contracts relating to interest rates accrued during such period (whether or not actually paid or received during such period).
Total Interest of a Party in the Company means the sum of a Party's Capital Contributions and Partner Loans.
Total Interest for any period, all interest, whether paid in cash or accrued as a liability, on all Indebtedness (including imputed interest on Financing Leases) of the Borrower and its Restricted Subsidiaries, determined on a consolidated basis, during such period.