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Transferable interest definition

Transferable interest means the right, as originally associated with a person’s capacity as a member, to receive distributions from a limited liability company in accordance with the operating agreement, whether or not the person remains a member or continues to own any part of the right.
Transferable interest means a partner's right to receive distributions.
Transferable interest means the right under an entity's organic law to receive distributions from the entity.

Examples of Transferable interest in a sentence

  • Transferable interest" means a partner's right to receive distributions.[PL 2005, c.

  • Transferable interest" means the right, as originally associated with a person's capacity as a member, to receive distributions from a limited liability company in accordance with the limited liability company agreement, whether or not the person remains a member or continues to own any part of the right.[PL 2009, c.

  • Transferable interest" means the right, as originally associated with a person's capacity as a member, to receive distributions from a limited liability company in accordance with the limited liability company agreement, whether or not the person remains a member or continues to own any part of the right.[ 2009, c.

  • Transferable interest" means a partner's right to receive distributions.[ 2005, c.

  • Upon completion of hibernation, fat bodies of Eryx jayakari started to increase where it reached its maximum weight significantly (P≤0.05) during May ( x = 6.3 g and15.4 g in males and females, respectively).


More Definitions of Transferable interest

Transferable interest means the right, as initially owned by a person in the person’s capacity as a partner, to receive distributions from a partnership, whether or not the person remains a partner or continues to own any part of the right. The term applies to any fraction of the interest, by whomever owned.
Transferable interest means a partner’s right to receive distributions.
Transferable interest means the right, as initially owned by a person in the person's
Transferable interest means a member's or transferee's right to receive distributions of the limited liability company's assets.
Transferable interest means the right, as initially owned by a person in the person's capacity as a member, to receive distributions from a limited liability company, whether or not the person remains a member or continues to own any part of the right. "Transferable interest" applies to any fraction of the interest, by whomever owned.
Transferable interest means a partner’s right to receive
Transferable interest means the right, as originally associated