Transfer Membership Interests definition

Transfer Membership Interests refers to the equity of the Company that the Seller intends to sell and the Buyer intends to subscribe for, which has been stated in Exhibit A.
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Transfer Membership Interests refers to the equity of the Company that the Seller intends to sell and the Buyer intends to subscribe for, which has been stated in Exhibit A. “Buttonwood Street 19-3 LLC” referes to the entity that holds 100% interest of Buttonwood 19-3 which is legally and beneficially owned by the Seller;
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Examples of Transfer Membership Interests in a sentence

  • Any attempt to Transfer Membership Interests without the required consent shall be void.

  • Economic Interest Owners shall be subject to the same restrictions and conditions with respect to the Transfer of the Economic Interests as are applicable to Members intending to Transfer Membership Interests.

  • On May 3, 2021, Tusk Wind Holdings III, LLC (Tusk), BAIF Granite Holdings, LLC and Granite Reliable Power, LLC (collectively Brookfield) and Freshet Wind Energy LLC (Freshet) filed a Petition to Transfer Membership Interests in BAIF Granite Holdings LLC and Granite Reliable Power LLC to Tusk Wind Holdings III, LLC (Petition).

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  • If one or more of the Members (the "Selling Members") proposes to Transfer Membership Interests representing a Majority Interest in one or more related arms'-length transactions to any Person that is not an Affiliate of any of the Members, then the Selling Members shall give written notice (the "Co-Sale Notice") to the Company and to each of the Members that is not a Selling Member (the "Non-Selling Members") at least 30 calendar days prior to the closing of such Transfer.

  • The Transferor Percentage Membership Interests proposed to be sold by the Section 12.6 Transferor shall be reduced if and to the extent necessary to provide for such sale of Membership Interests by any other Investor Member electing to exercise their right to Transfer Membership Interests under this Section 12.6. A copy of the Section 12.6 Notice shall promptly be sent to the Company.

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  • Edmister never executed the Reassignment of his 15% Pledged Membership Interest.D. Twin Pines’ Acquisition of After-Acquired Equipment and the Agreement to Transfer Membership Interests to Ruidoso Capital ReservesAround mid-June 2020, Pacheco Sr. began discussions with Joanna Pena about investing in Twin Pines.

  • Notwithstanding the forgoing, each of the Members may at any time Transfer Membership Interests in compliance with Section 6.2.

  • Any Other Member desiring to Transfer Membership Interests pursuant to the amended Third Party Offer, or any Participating Member desiring to amend or withdraw its Tag-Along Notice may do so by delivering notice within three (3) Business Days after receipt of such amended Third Party Offer to the Transferring Member.

Related to Transfer Membership Interests

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

  • Membership Interest means a Member’s entire interest in the Company including such Member’s right to receive allocations and distributions pursuant to this Agreement and the right to participate in the management of the business and affairs of the Company in accordance with this Agreement, including the right to vote on, consent to, or otherwise participate in any decision or action of or by the Members granted pursuant to this Agreement.

  • Membership Units means the units into which the ownership interests of the Members in the Company are divided, including such Member’s Economic Interest and the right of such Member to any and all benefits to which such Member may be entitled as provided in this Agreement or under the Act, together with the obligation of such Member to comply with all of the provisions of this Agreement and of the Act.

  • Ownership Interests means, with respect to any Person, all of the shares of Capital Stock of such Person and all debt securities of such Person that can be converted or exchanged for Capital Stock of such Person, whether voting or nonvoting, and whether or not such Capital Stock or debt securities are outstanding on any date of determination.

  • Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].

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

  • Partnership Interest means an ownership interest in the Partnership held by either a Limited Partner or the General Partner and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement.

  • Membership Rights means all of the rights of a Member in the Company, including a Member’s: (a) Interest; (b) right to inspect the Company’s books and records; (c) right to participate in the management of and vote on matters coming before the Company; and (d) unless this Operating Agreement or the Certificate of Formation provide to the contrary, right to act as an agent of the Company.

  • LLC Interests shall have the meaning given to such term in Section 5.1.3.

  • 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.

  • 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.

  • Residual Ownership Interest Any record or beneficial interest in the Class R Certificates.

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

  • 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 such Act.

  • 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.

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

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

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

  • Membership Unit means a Membership Common Unit, a Company Preferred Unit, a Company Junior Unit or any other fractional share of the Membership Interests that the Managing Member has authorized pursuant to Section 4.1 or Section 4.2 hereof.

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

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

  • 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.

  • 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 ownership interest means ownership of or entitlement to more than twenty-five percent of shares or capital or profits of the company;

  • LLC Interest means a membership interest or similar interest in a limited liability company.