Xxxxxxx Interest definition

Xxxxxxx Interest means all right, title and interest of Xxxxxxx in the Partnership, consisting of a 12% limited partnership interest in the Partnership.
Xxxxxxx Interest. Xxxx respect to each Class of Class A-1, Class A ---------------- 2, Class M-1, Class M-2 and Class B Certificates and any Distribution Date, the aggregate amount of interest accrued during the related Accrual Period at the applicable Certificate Interest Rate on the Class Certificate Principal Amount of such Class immediately prior to such Distribution Date

Examples of Xxxxxxx Interest in a sentence

  • Dated and effective in accordance with the decision of Xxxxx Xxxxxx, Q.C., Xxxxxxx Xxxxxx, and Xxxxxx Xxxxxxx, Interest Arbitration Panel, March 31, 2016.

  • Xxxxxxx Interest contemplated by this Agreement, exclusive of any transfers pursuant to Section 13(k) (collectively, the “Transfer Taxes”), and any expense incurred to procure any stock transfer stamps required by any Transfer Tax, subject, however, to Seller’s indemnity to Buyer set forth in Article 16(c)(i).

  • UCV and UCVNV hereby fully consent to the distribution of UCVMTC (and UCVMTC's ownership of the Property) to Xxxxxxx and PAS and to the termination of the Xxxxxxx Interest and the PAS Interest as set forth herein this Agreement.

  • The OLLC hereby grants, distributes, bargains, conveys, assigns, transfers, sets over and delivers to Holdings, its successors and its assigns, for its and their own use forever, all right, title and interest in and to the Xxxxxxx Interest, and Holdings hereby accepts the OLLC Distribution Interest.

  • Following the Sponsor to HoldCo Pre-Closing Contributions and the HoldCo to NewCo Pre-Closing Contributions, good and valid title to the Xxxxxxx Interest, free and clear of any and all Encumbrances (except for the Permitted Encumbrances and Encumbrances imposed under applicable federal and state securities Laws) will pass to HoldCo and then to NewCo.

  • Xxxxxxx Interest and the other transactions described herein and notifies Seller in writing of such election on or prior to the end of the Due Diligence Period (as herein defined).

  • An amount equal to Three Hundred Thirty-Six Thousand Five Hundred Ninety-Nine Dollars ($336,599.00) exists as a line item in the Fort Xxxxxxx Budget for the payment of interest under the Loan (the “Fort Xxxxxxx Interest Reserve”).

  • Neither Xxxxxxx Capital nor the Xxxxxxx Contributor owns any of the Contributed Assets (except for the Xxxxxxx Interest), and they will not own (or have any other interest in) any of the Contributed Assets (or the Xxxxxxx Interest) following the Closing.

  • Module 1 Whole Bank w/ Optional Shared Loss Agreements Version 3.1.1 – COMMERCIAL SHARED-LOSS AGREEMENT April 27, 0000 X-00 Xxx Xxxxxxx Xxxx Xxxxxxx, Xxxxxxx Interest Rate from a beginning date specified by the Review Board in its written award and until the date on which payment is made.

  • The Purchase Price will be solely allocated to payment for Xxxxxxx Interest and Xxxxx Interest in the Company.


More Definitions of Xxxxxxx Interest

Xxxxxxx Interest means Xxxxxxx’x right title and interest as registered owner to those mineral claims comprising part of the Property, as set forth in Schedule “A” hereto, subject only to BCco’s beneficial interest therein;
Xxxxxxx InterestWith respect to each Class of Certificates (other than the Class O Certificates) and any Distribution Date, the aggregate amount of interest accrued during the related Accrual Period at the applicable Certificate Interest Rate on the Class Certificate Principal Amount (or notional balance) of such Class immediately prior to such Distribution Date. Current interest for each Class of Certificates with respect to any Distribution Date shall be reduced by such Class's allocable share of Net Prepayment Interest Shortfalls, which shall be allocated among the Classes of Certificates, pro rata, on the basis of the amount of interest distributable in the absence of such shortfalls. Cut-off Date: May 1, 1998.
Xxxxxxx Interest means the 25% ownership interest held by the Xxxxxxx Contributor in each of XXXX III Advisor and XXXX IV Advisor.

Related to Xxxxxxx Interest

  • Class P Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class P Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

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

  • 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.

  • Net Revenue Interest means, with respect to any Property, the interest in and to all Hydrocarbons produced, saved, and sold from or allocated to such Property after giving effect to all royalties, overriding royalties, production payments, carried interests, net profits interests, reversionary interests, and other burdens upon, measured by, or payable out or production therefrom.

  • Class R-4 Interest The uncertificated Residual Interest in REMIC 4.

  • Original Class B-3 Fractional Interest As to the first Distribution Date, the percentage obtained by dividing the sum of the Original Class B-4 Principal Balance, the Original Class B-5 Principal Balance and the Original Class B-6 Principal Balance by the sum of the Original Class A Non-PO Principal Balance and the Original Class B Principal Balance. The Original Class B-3 Fractional Interest is specified in Section 11.18.

  • Original Class B-4 Fractional Interest As to the first Distribution Date, the percentage obtained by dividing the sum of the Original Class B-5 Principal Balance and the Original Class B-6 Principal Balance by the sum of the Original Class A Non-PO Principal Balance and the Original Class B Principal Balance. The Original Class B-4 Fractional Interest is specified in Section 11.19.

  • Original Class B-5 Fractional Interest As to the first Distribution Date, the percentage obtained by dividing the Original Class B-6 Principal Balance by the sum of the Original Class A Non-PO Principal Balance and the Original Class B Principal Balance. The Original Class B-5 Fractional Interest is specified in Section 11.20.

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

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

  • Current Interest With respect to each Class of Certificates and any Distribution Date, the aggregate amount of interest accrued at the applicable Certificate Interest Rate during the related Accrual Period on the Class Principal Amount or Class Notional Amount, as applicable, of such Class prior to any distributions of principal, allocations of Realized Losses or allocations of Certificate Writedown Amounts prior to such Distribution Date.

  • Income interest means the right of an income beneficiary to receive all or part of net income, whether the terms of the trust require it to be distributed or authorize it to be distributed in the trustee's discretion.

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

  • 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.

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

  • Original Class B-2 Fractional Interest As to the first Distribution Date, the percentage obtained by dividing the sum of the Original Class B-3 Principal Balance, the Original Class B-4 Principal Balance, Original Class B-5 Principal Balance and the Original Class B-6 Principal Balance by the sum of the Original Class A Non-PO Principal Balance and the Original Class B Principal Balance. The Original Class B-2 Fractional Interest is specified in Section 11.17.

  • Trust Interest means an account owner's interest in the trust created by a participating trust

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

  • Asset Interest is defined in Section 2.1(b).

  • Class IO Interest An uncertificated interest in the Trust Fund held by the Trustee, evidencing a REMIC Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Original Class B-1 Fractional Interest As to the first Distribution Date, the percentage obtained by dividing the sum of the Original Class B-2 Principal Balance, the Original Class B-3 Principal Balance, the Original Class B-4 Principal Balance, Original Class B-5 Principal Balance and the Original Class B-6 Principal Balance by the sum of the Original Class A Non-PO Principal Balance and the Original Class B Principal Balance. The Original Class B-1 Fractional Interest is specified in Section 11.16.

  • Class R-2 Interest The uncertificated Residual Interest in REMIC 2.

  • Periodic Interest means, with respect to any Payment Date, the periodic interest for such Payment Date as specified in the Series Supplement.

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

  • Month End Interest As defined in each Servicing Agreement.

  • Original Fractional Interest With respect to each of the following Classes of Subordinate Certificates, the corresponding percentage described below, as of the Closing Date: Class B-1 % Class B-2 % Class B-3 % Class B-4 % Class B-5 % Class B-6 % Original Subordinate Certificate Balance: $ . OTS: The Office of Thrift Supervision.