Venture Interest definition

Venture Interest means as to any Person, any corporation, partnership, limited liability company or joint venture whether now existing or hereafter organized or acquired (i) in the case of a corporation, of which less than a majority but equal to or more than 25% of the securities having ordinary voting power for the election of directors (other than securities having such power only by reason of the happening of a contingency) are at the time owned by such Person and/or one or more Subsidiaries of such Person or (ii) in the case of a partnership, limited liability company or joint venture, of which less than a majority but equal to or more than 25% of the partnership, membership or other ownership interests are at the time owned by such Person and/or one or more Subsidiaries of such Person.

Venture Interest means the entire ownership interest of a Venturer in the Venture, including the right of such Venturer to any and all benefits to which such Venturer may be entitled to as provided in this Agreement together with the obligations of such Venturer to comply with all of the terms and conditions of this Agreement.

Venture Interest. Xxxxx Management Group", "Hines Family" and "Person" shall have the meanings ascribed to such terms in the Venture Agreement.

Examples of Venture Interest in a sentence

• SMSB did not make its claim in relation to the purported "Joint Venture Interest" until October, 2012.

• Joint Venture Interest In conjunction with consolidating the joint venture on January 1, 2018, we recorded noncontrolling interest of$4.0 million related to a third-party’s 5.0% interest in a joint venture owning a 395-unit multi-family apartment complex.

• On July 18, 2012 the Company entered into an option agreement with Teck Resources Limited (“Teck”) whereby Teck’s local Colombian subsidiary (“TLS”) could earn up to a 70% Joint Venture Interest in the Yarumalito project by spending not less than US$10,000,000 on exploration and making cash payments and private placements amounting to US$4,380,000.

• Interest in Joint Venture Interest in joint venture is limited to jointly controlled operations entered into by the Group to various landowners for the development of the relevant real estate properties.

• Joint Venture Companies InformationJoint Venture, as required by (AS-27) “Financial Reporting of Interest in Joint Venture” is given below: Detail of Joint Venture Interest S.No. Name of the CompanyDescription of InterestCountry of IncorporationPercentage of Interest as on March 31, 2016Percentage of Interest as on March 31, 20151Apollo Design Apparel Parks Limited Company’s Interest in the Joint Venture Companies(` in Crore) S.No.NOTES FORMING PART OF THE FINANCIAL STATEMENTS30.

More Definitions of Venture Interest

Venture Interest shall have the meaning set forth in Section 6.02(b)(iv).

Venture Interest is defined in the CF Martin LP Agreement.

Venture Interest means the entire ownership interest of a Venturer in the Venture, including the right of such Venturer to any and all benefits to which such Venturer may be entitled to as provided in this Agreement together with the obligations of such Venturer to comply with all of the terms and conditions of this Agreement. "VENTURERS" means TME III and/or TME, as the case may be. "WINDING-UP" means the period during which the affairs of the Venture are terminated and the liquidation and sale of the assets of the Venture is accomplished, such process commencing when the Venture is dissolved for any reason and the business of the Venture is not continued as provided in Section 9.2. ARTICLE III PURPOSE The purpose and business of the Venture shall be to engage in any business or activity as permitted by the Texas Act including, but not limited to, the acquisition, development, construction, leasing, operation, and disposition of the MRI Center. 3 <PAGE> ARTICLE IV CAPITAL CONTRIBUTIONS; CAPITAL ACCOUNTS 4.1

Venture Interest means a party's interest in the Venture.

Venture Interest in the case of any Venturer, shall mean the Equity Interests in the Company held by the Venturer and any Subordinated Indebtedness owed by the Company to the Venturer.

Venture Interest in the case of any Party, shall mean the Equity Interests in the Company held by the Party and any Subordinated Debt owed by the Company to the Party.

Venture Interest means collectively, the interest identified in the Venture Agreement as the interest of “Catellus”, including all of Borrower’s right, title, and interest in, and claims against, the Venture and, without limitation, all of Sellers’ rights to distributions, capital, profits, voting, information and control under the Venture Agreement.