Corporation Interest definition

Corporation Interest means, with respect to any Person, such Person's percentage ownership (direct and indirect), exclusive of any Market Shares owned (directly or indirectly) by such Person, of the outstanding Corporation Common Stock at the time of measurement.
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Corporation Interest means, with respect to any Person, such Person's percentage ownership (direct and indirect) of the outstanding Common Stock at the time of measurement, including (i) that number of shares of Common Stock for which such Person's Partnership Units can be redeemed pursuant to the Partnership Agreement and (ii) that number of shares of Common Stock arising from Transfers from another Equityholder to such Person, but in any case, shall not include any Market Shares owned (directly or indirectly) by such Person.
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Examples of Corporation Interest in a sentence

  • The Non-Transferring Entity shall have the right to acquire all (but not less than all) of the Corporation Interest that is the subject of the Transfer Notice on the same terms and conditions as are set forth in the Transfer Notice.

  • Each Equityholder shall, and shall cause its Affiliates to, vote their respective Total Corporation Interest to remove the Founders Director at the request of the Founders, acting as a single group, at any time and for any reason (or for no reason).

  • Any purported Transfer of all or any portion of a Corporation Interest not permitted by this Article IV shall be void.

  • If any Equityholder desires to Transfer all or any portion of its Corporation Interest to a Controlled Affiliate, such Transfer shall be permitted hereunder only if the transferee executes an adoption agreement substantially in the form of EXHIBIT B.

  • Duke agrees to, and to cause its Affiliates to, make nominations and vote any and all of their Market Shares in accordance with the requirements applicable to Duke's Total Corporation Interest (as defined in the Shareholders Agreement) and take all other actions required of a Duke Shareholder (as defined in the Shareholders Agreement) under Sections 2.1 and 2.2 of the Shareholders Agreement.

  • Philxxxx xxxees to, and to cause its Affiliates to, make nominations and vote any and all of their Market Shares in accordance with the requirements applicable to Philxxxx'x Xxxal Corporation Interest (as defined in the Shareholders Agreement) and take all other actions required of a Philxxxx Xxxreholder (as defined in the Shareholders Agreement) under Sections 2.1 and 2.2 of the Shareholders Agreement.

  • If either a Duke Shareholder or a Philxxxx Xxxreholder desires to Transfer all or any portion of its Corporation Interest to an Affiliate, such Transfer shall only be permitted hereunder if the transferee (other than any transferee that is already a party to this Agreement) becomes a party to this Agreement by executing an adoption agreement in substantially the form of Exhibit A hereto.

  • PMI Insurer(s) PMI Mortgage Insurance Co. and Mortgage Guaranty Insurance Corporation Interest Rate Swap Counterparty Lxxxxx Brothers Special Financing Inc.

  • Xxxxxxxx agrees to, and to cause its Affiliates to, make nominations and vote any and all of their Market Shares in accordance with the requirements applicable to Xxxxxxxx'x Total Corporation Interest (as defined in the Shareholders Agreement) and take all other actions required of a Xxxxxxxx Shareholder (as defined in the Shareholders Agreement) under Sections 2.1 and 2.2 of the Shareholders Agreement.

  • PMI Insurer(s) PMI Mortgage Insurance Co. and Mortgage Guaranty Insurance Corporation Interest Rate Swap Counterparty IXIS Financial Products Inc.

Related to Corporation Interest

  • Common Interest means the limited liability company membership interest represented by the Common Units owned by a Common Member in the Company at any particular time, including the right of such Common Member to any and all benefits to which a Common Member may be entitled as provided in the Act, this Agreement, or otherwise, together with the obligations of such Common Member to comply with all terms and provisions of this Agreement and the Act.

  • Corporation means a corporation, association, company, joint-stock company or business trust.

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

  • Voting Interest With respect to any provisions hereof providing for the action, consent or approval of the Holders of all Certificates evidencing specified Voting Interests in the Trust Estate, the Holders of each Class of Certificates will collectively be entitled to the then applicable percentage of the aggregate Voting Interest represented by all Certificates equal to the ratio obtained by dividing the Principal Balance of such Class by the sum of the Class A Principal Balance and the Class B Principal Balance. Each Certificateholder of a Class will have a Voting Interest equal to the product of the Voting Interest to which such Class is collectively entitled and the Percentage Interest in such Class represented by such Holder's Certificates. With respect to any provisions hereof providing for action, consent or approval of each Class of Certificates or specified Classes of Certificates, each Certificateholder of a Class will have a Voting Interest in such Class equal to such Holder's Percentage Interest in such Class.

  • Participation Interest means the Extension of Credit by a Lender by way of a purchase of a participation in Letters of Credit or LOC Obligations as provided in Section 2.2 or in any Loans as provided in Section 3.8.

  • Percentage Interest As to any Certificate, the percentage interest evidenced thereby in distributions required to be made on the related Class, such percentage interest being set forth on the face thereof or equal to the percentage obtained by dividing the Denomination of such Certificate by the aggregate of the Denominations of all Certificates of the same Class.

  • Limited Liability Company Interests means the entire limited liability company membership interest at any time owned by any Pledgor in any limited liability company.

  • Constituent corporation means any corporation which engages with the Company, its Parent or any Subsidiary in a transaction to which Section 424(a) of the Code applies (or would apply if the option assumed or substituted were an ISO), or any Parent or any Subsidiary of such corporation.

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

  • Certificate Percentage Interest means, with respect to a Certificate, the percentage specified on such Certificate as the Certificate Percentage Interest, which percentage represents the beneficial interest of such Certificate in the Trust. The initial Certificate Percentage Interest held by the Depositor shall be 100%.

  • General Partner Interest means a Partnership Interest held by the General Partner, in its capacity as general partner. A General Partner Interest may be expressed as a number of Partnership Units.

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

  • 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.

  • 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.

  • Cooperative Corporation The entity that holds title (fee or an acceptable leasehold estate) to the real property and improvements constituting the Cooperative Property and which governs the Cooperative Property, which Cooperative Corporation must qualify as a Cooperative Housing Corporation under Section 216 of the Code.

  • 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.

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

  • Domestic limited liability company means an entity that is an unincorporated association having one or more members and that is organized under ORS chapter 63.

  • Limited Liability Company Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all limited liability company capital and interest in other limited liability companies), at any time owned or represented by any Limited Liability Company Interest.

  • Limited Partner Interest means a Partnership Interest of a Limited Partner in the Partnership representing a fractional part of the Partnership Interests of all Limited Partners 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. A Limited Partner Interest may be expressed as a number of Partnership Common Units, Partnership Preferred Units or other Partnership Units.

  • Special Limited Partner Interest means the interest of the Special Limited Partner in the Partnership representing its right as the holder of an interest in distributions described in Sections 5.1(b)(iii)(A), (c), (d) and (e) (and any corresponding allocations of income, gain, loss and deduction under this Agreement).

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

  • Common Interests of any Person means Capital Interests in such Person that do not rank prior, as to the payment of dividends or as to the distribution of assets upon any voluntary or involuntary liquidation, dissolution or winding up of such Person, to Capital Interests of any other class in such Person.

  • Company Interest means the interest of a Member in Profits, Losses and Distributions.