Unvested Interest definition

Unvested Interest means any Management Interests that have not vested as of the date of determination pursuant to the terms of the Management Equity Award Agreement between the Management Limited Partner and the Partnership.
Sample 1Sample 2Sample 3
Unvested Interest means, on any relevant date, the difference between 100% of the Stock and the Vested Interest.
Sample 1Sample 2
Unvested Interest described in the Class B Member Interest Purchase Agreement shall immediately vest.
Sample 1Sample 2

Examples of Unvested Interest in a sentence

  • It was not reasonable for creditors to rely on this information “in determining whether a loan should be made” (ibid)—which is precisely why (2)(B) contains a reasonable reliance requirement.To make matters worse, abusive creditors would threaten suit, as the mere threat of suit “and its at- tendant costs [were] often enough to induce the debt- or to settle for a reduced sum.” H.R. Rep.

  • Such acquisition shall be made pursuant to Section 4 as though the Employee's Service with the Company, had terminated as of the date of the grant or award with respect to the portion of the Unvested Interest granted or awarded to the Spouse.

  • The repurchase price for the Unvested Interest being repurchased by the Company pursuant to the Repurchase Option shall be a dollar amount equal to: (i) the difference between one-hundred percent (100%) and the Vested Percent, multiplied by (ii) the dollar value of Purchase Price.

  • If the balance standing in such Departing Member’s Capital Account is equal to or less than zero, then the Purchase Price for such Departing Member’s Unvested Interest shall equal zero.

  • The Company shall have the right, by delivering a Repurchase Notice to such Departing Member and Holding at any time following the date of termination, to repurchase such Departing Member’s Unvested Interest for a Purchase Price equal to the positive balance, if any, standing in such Departing Member’s Capital Account as of the date of such Departing Member’s termination of employment due to death or Disability.

  • The determination of the General Partner of the purchase price for the Unvested Interest shall be determined in good faith by the General Partner and shall be final and binding on the Limited Partner.

  • In the event that the spouse of Employee is --------------------- granted by the Employee or awarded by a court of competent jurisdiction in a marital dissolution action all or any portion of the Unvested Interest, then the Zhone Board may, at its election made within thirty (30) days after receiving notice of such grant or award, direct the Manager to cause the Company to acquire the portion of the Unvested Interest granted or awarded to the spouse of the Employee.

  • Units representing any Unvested Interest acquired for the account of the Partnership will be retired.

  • The repurchase price for the Unvested Interest being repurchased by the Company pursuant to the Class B Member Interest Repurchase Option shall be a dollar amount equal to: (i) the difference between one-hundred percent (100%) and the Vested Percent, multiplied by (ii) the dollar value of Purchase Price.

  • Garissa connects by a 370 km long all weather roads with Nairobi, while a similar type of road exists from Garsen via Malindi to Mombasa (230 km) which is considered the main port of Kenya.The project area topography is fairly regular.


More Definitions of Unvested Interest

Unvested Interest as defined in that agreement and on the terms set forth in that agreement. The portion of the Adjusted Percentage Interest and Series B Common Units of such Class B Member attributable to such Unvested Interest immediately prior to the exercise of the Repurchase Option shall, subject to Section 3.2(b):
Sample 1Sample 2
Unvested Interest as defined in that agreement and on the terms set forth in that agreement. The Class A Member may direct the Manager to exercise the Company's rights pursuant to the Class B Member Purchase Agreement. Unless reissued by the Zhone Board Super Majority and Class B Majority pursuant to Section 3.2(b), the portion of the Adjusted Percentage Interest and Series B Common Units of such Class B Member attributable to such Unvested Interest immediately prior to the exercise of the Repurchase Option shall:
Sample 1Sample 2
Unvested Interest means, on any relevant date, the difference between 100% of the Class B Member Interest and the Vested Interest.
Sample 1
Unvested Interest. The unvested portion of each Limited Partner's interest in the Partnership, determined in accordance with Section 10.4.
Sample 1
Unvested Interest. The unvested portion of such Limited Partner's interest in the Partnership, determined in accordance with Section 10.4 Vesting Schedule The schedule according to which a Limited Partner's interest in the Partnership generally will vest, as set forth in Section 10.4
Sample 1
Unvested Interest. The unvested portion of each Limited Partner's interest in the Partnership, determined in accordance with Section 9.4(a) Vesting Schedule The schedule according to which a Limited Partner's interest in the Partnership generally will vest, as set forth in Section 9.4(a) XL Capital XL Capital Ltd, a Cayman Islands company XL Group XL Capital and its subsidiaries and Affiliates
Sample 1

Related to Unvested Interest

  • Vested Interest means a Participant’s nonforfeitable interest in his or her Account, determined in accordance with Article V.

  • Deferred Interest shall have the meaning set forth in Section 4.1.

  • Transferred Interest means, at any time of determination, an undivided percentage ownership interest in (i) each and every then outstanding Receivable, (ii) all Related Security with respect to each such Receivable, (iii) all Collections with respect thereto, and (iv) other Proceeds of the foregoing, which undivided ownership interest shall be equal to the Aggregate Percentage Factor at such time, and only at such time (without regard to prior calculations). The Transferred Interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, shall at all times be equal to the Transferred Interest in each other Receivable, together with Related Security, Collections and Proceeds with respect thereto. To the extent that the Transferred Interest shall decrease as a result of a recalculation of the Aggregate Percentage Factor, the Administrative Agent on behalf of the applicable Class Investors shall be considered to have reconveyed to the Transferor an undivided percentage ownership interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, in an amount equal to such decrease such that in each case the Transferred Interest in each Receivable shall be equal to the Transferred Interest in each other Receivable.

  • Accreted Interest Interest accrued on a Loan that is added to the principal amount of such Loan instead of being paid as it accrues.

  • REO Imputed Interest As to any REO Property, for any calendar month during which such REO Property was at any time part of REMIC I, one month's interest at the applicable Net Mortgage Rate on the Stated Principal Balance of such REO Property (or, in the case of the first such calendar month, of the related Mortgage Loan, if appropriate) as of the close of business on the Distribution Date in such calendar month.

  • registered interest means an international interest, a registrable non-consensual right or interest or a national interest specified in a notice of a national interest registered pursuant to Chapter V;

  • Net Deferred Interest With respect to each Loan Group and any Distribution Date, the greater of (i) the excess, if any, of the Deferred Interest for the related Due Date over the aggregate amount of any principal prepayments in part or in full received during the related Prepayment Period and (ii) zero.

  • Imputed Interest means any interest imputed under Section 1272, 1274 or 483 or other provision of the Code and any similar provision of state and local tax law with respect to the Corporate Taxpayer’s payment obligations under this Agreement.

  • related interest means (1) a company (other than an insured bank or a foreign bank) that is controlled by an executive officer, director, or principal shareholder or (2) a political or campaign committee that is controlled by or the funds or services of which will benefit an executive officer, director, or principal shareholder. See Section 215.11(a)(2) of

  • Class A Additional Interest shall have the meaning specified in subsection 4.02(a).

  • Class B Interest Each of the Class B-1 and Class B-2 Interests.

  • Class B Additional Interest shall have the meaning specified in subsection 4.02(b).

  • Class C Additional Interest is defined in Section 4.1(c).

  • Allowed Interest means an Interest in any Debtor, which has been or hereafter is listed by such Debtor in its books and records as liquidated in an amount and not disputed or contingent; provided, however, that to the extent an Interest is a Disputed Interest, the determination of whether such Interest shall be allowed and/or the amount of any such Interest shall be determined, resolved, or adjudicated, as the case may be, in the manner in which such Interest would have been determined, resolved, or adjudicated if the Chapter 11 Cases had not been commenced; and provided further, however, that proofs of Interest need not and should not be filed in the Bankruptcy Court with respect to any Interests; and provided further, however, that the Reorganized Debtors, in their discretion, may bring an objection or motion with respect to a Disputed Interest before the Bankruptcy Court for resolution.

  • Class X Interest The regular interest in the Class X REMIC represented by the Class X Certificates as specified and described in the Preliminary Statement and the related footnote thereto.

  • L/C Interest shall have the meaning ascribed to such term in Section 3.6 hereof.

  • Class B Membership Interest means a Class B Membership Interest in Holdings.

  • Interest Option means LIBOR or the Reference Rate.

  • Purchased Interest means, at any time, the undivided percentage ownership interest 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 interest shall be computed as:

  • Class UT-R Interest The residual interest in the Upper-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.

  • Capitalized Interest means, with respect to the interest due or to be due on a Series of Bonds prior to, during and for a period not exceeding one year after the completion of a Project to be funded by such Series, all or part of such interest which will be paid, or is expected to be paid, from the proceeds of such Series.

  • Class R-I Interest The uncertificated Residual Interest in REMIC I.

  • Class R-3 Interest The uncertificated Residual Interest in REMIC 3.

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

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

  • Class A Membership Interest means a Class A Membership Interest in Holdings.