Share Interests definition

Share Interests means the respective ownership percentages of the Corporation held by the Shareholders, determined for a Shareholder as the percentage reflected by a fraction (x) the numerator of which is the number of Shares owned by such Shareholder and (y) the denominator of which is the total number of issued and outstanding Shares;
Share Interests constitiution in a percentage of sixty per cent (65%) shall be as follows:
Share Interests is defined in Section 2.1.

Examples of Share Interests in a sentence

  • The Member in whose name Share Interests stand on the Share Interest records shall be deemed to be the owner of such Share Interests for all purposes regarding the Company, except as otherwise required by law and except as otherwise provided in this Agreement; and the Share Interest records shall be the only evidence as to who are the Members entitled to vote in person or by proxy at any meeting ofthe Members.

  • Except for the Share Interests originally subscribed, no additional Share Interests shall be issued unless such issuance has been approved by all of the Members.

  • Every decision of a majority of Share Interests having voting power among the Members constituting the quorum at such meeting shall be valid as the act of the Members except in those specific instances in which a larger vote is required by law, by this Agreement, or by the Certificate of Formation.

  • The Members shall prepare and make a complete list of the Members entitled to vote at the meeting, arranged in alphabetical order and showing the address of each Member and the Share Interests registered in the name of each Member.

  • For purposes of computing and maintaining Capital Accounts, and for federal income tax purposes, each item of Company income, gain, loss and deduction shall be allocated among the Members and Transferees holding Share Interests pro rata in accordance with the ratio that such Member's or Transferee's respective aggregate Share Interests bears to the total aggregate Share Interests issued by the Company.

  • If approved, such Share Interests may be issued for such consideration as the Members may determine.

  • All of such Share Interests so issued shall be fully paid and non-assessable.

  • Transfer of all Share Interests of the Company shall be restricted by the provisions contained in ARTICLE SEVEN ofthis Agreement.

  • Meetings of the Members may be called at any time by Members holding Share Interests having an aggregate of at least 10% of the voting power of the Company.

  • The Share Interests of the Company are deemed personal property and the transfer of Share Interests shall be governed by Article Eight ofthe Texas Uniform Received by NSD/FARA Registration Unit 07/12/2019 4:19:51 PM Received by NSD/FARA Registration Unit 07/12/2019 4:19:51 PM Commercial Code, except as otherwise provided by law or by this Agreement, especially the provisions of Sections 7.1 and 7.2 hereof.

Related to Share Interests

  • Joint Venture Interests means assets of the Company and its Subsidiaries constituting an equity investment in real estate assets or other properties, or in an entity holding real estate assets or other properties, jointly owned by the Company and its Subsidiaries, on the one hand, and one or more other Persons not constituting Affiliates of the Company, on the other hand, excluding any entity or properties (i) which is a Subsidiary or are properties if the co-ownership thereof (if in a separate entity) would constitute or would have constituted a Subsidiary, or (ii) to which, at the time of determination, the Company’s manager at such time or an Affiliate of the Company’s manager at such time provides management services. In no event shall Joint Venture Interests include equity securities that are part of a class of equity securities that are traded on a national or regional securities exchange or a recognized over-the-counter market or any investments in debt securities, mortgages or other Debt.

  • Share Issuance means the issuance of Parent Common Stock pursuant to the Merger.

  • LLC Interests shall have the meaning given to such term in Section 5.1.3.

  • Permitted Share Issue means an issue of:

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

  • Voting Equity Interests means Equity Interests in a corporation or other Person with voting power under ordinary circumstances entitling the holders thereof to elect the Board of Directors or other governing body of such corporation or Person.

  • Contributed Property means each property or other asset, in such form as may be permitted by the Delaware Act, but excluding cash, contributed to the Partnership. Once the Carrying Value of a Contributed Property is adjusted pursuant to Section 5.5(d), such property shall no longer constitute a Contributed Property, but shall be deemed an Adjusted Property.

  • Subject Interests means Assignor’s undivided interests in the Subject Lands, as determined prior to giving effect to this Conveyance (or as may be made part of the Subject Interests pursuant to Section 3.1 or 3.2 of the Development Agreement), whether as lessee under leases, as an owner of the Subject Minerals (or the right to extract such Minerals) or otherwise, by virtue of which undivided interests Assignor has the right to conduct exploration, drilling, development and Mineral production operations on the Subject Lands, or to cause such operations to be conducted, or to participate in such operations by paying and bearing all or any part of the costs, risks and liabilities of such operations, to drill, test, complete, equip, operate and produce xxxxx to exploit the Minerals. The “Subject Interests” (a) may be owned by Assignor pursuant to leases, deeds, operating, pooling or unitization agreements, orders or any other instruments, agreements or documents, recorded or unrecorded, (b) include any and all extensions or renewals of leases covering the Subject Lands (or any portion thereof) obtained by Assignor, or any Affiliate thereof, within six (6) months after the expiration or termination of any such lease, and (c) are subject to the Permitted Encumbrances. For the avoidance of doubt, the “Subject Interests” do not include: (i) Assignor’s interests in the Excluded Assets; (ii) Assignor’s rights to substances other than Minerals; (iii) Assignor’s rights to Minerals (other than Assignee Minerals) under contracts for the purchase, sale, transportation, storage, processing or other handling or disposition of Minerals; (iv) Assignor’s interests in, or rights to Minerals (other than Assignee Minerals) held in pipelines, gathering systems, storage facilities, processing facilities or other equipment or facilities, other than Development Xxxxx; or (v) any additional or enlarged interests in the Development Xxxxx, Subject Lands or Subject Minerals acquired by Assignor after the Closing Time, except (1) to the extent any such additional or enlarged interest becomes a part of the Subject Interests by amendment to this Conveyance pursuant to Section 3.1 or 3.2 of the Development Agreement, (2) as may result from the operation of the terms of the instruments creating the Subject Interests, or (3) as may be reflected in extensions and renewals covered by the preceding sentence.

  • Membership Interests has the meaning set forth in the recitals.

  • New Equity Interests means the limited liability company

  • Share Issuer means the issuer of the Share.

  • Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].

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

  • Pledged Shares has the meaning provided in Section 2 hereof.

  • Existing Equity Interests means any Equity Security, including all issued, unissued, authorized, or outstanding shares of capital stock and any other common stock, preferred stock, limited liability company interests, and any other equity, ownership, or profit interests of Mariposa Intermediate, including all options, warrants, rights, stock appreciation rights, phantom stock rights, restricted stock units, redemption rights, repurchase rights, convertible, exercisable, or exchangeable securities, or other agreements, arrangements, or commitments of any character relating to, or whose value is related to, any such interest or other ownership interest in Mariposa Intermediate, whether or not arising under or in connection with any employment agreement and whether or not certificated, transferable, preferred, common, voting, or denominated “stock” or a similar security.

  • Procurement Unit means the unit or department within GRDA that is responsible for administering procurement policies and procedures.

  • 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.

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Other Interests means the legal or equitable estates or interests and other rights in relation to the determination area described in Schedule Five and referred to in paragraph 14;

  • Invested Assets means the sum of the market value of the securities held in the Portfolios, and shall not include cash or cash equivalents.

  • Membership Rights means all of the rights of a Member in the Company, including a Member’s: (a) Interest; (b) right to inspect the Company’s books and records; (c) right to participate in the management of and vote on matters coming before the Company; and (d) unless this Operating Agreement or the Certificate of Formation provide to the contrary, right to act as an agent of the Company.

  • Ownership Interests means, with respect to any Person, all of the shares of Capital Stock of such Person and all debt securities of such Person that can be converted or exchanged for Capital Stock of such Person, whether voting or nonvoting, and whether or not such Capital Stock or debt securities are outstanding on any date of determination.

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • Contributed Interests has the meaning set forth in the recitals.

  • Pledged LLC Interests means all right, title and interest of any Grantor as a member of any LLC and all right, title and interest of any Grantor in, to and under any LLC Agreement to which it is a party.