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.

Common Interest means employers engaged in the same industry or members of an Oklahoma trade association that has been in business for at least five (5) years.

Common Interest means the interest in the common elements appurtenant to,

Examples of Common Interest in a sentence

The Project is organized pursuant to the laws of the State of Colorado and is defined as a condominium under the general provisions of the Colorado Common Interest Ownership Act, C.R.S. 38-33.3-101, et seq.
Undivided Percentage Common Interest Yard Area No. Driveway Area No.
This Section is applicable if the Property is located within a Common Interest 237 Community and subject to such declaration.
Summit Blue has been organized as a planned community under the general provisions of the Colorado Common Interest Ownership Act, C.R.S. 38-33.3-101, et seq.
If the Property is a condominium unit, part of a common interest community, planned community, planned unit development (PUD) or other property subject to the Vermont Common Interest Ownership Act, a Common Interest Ownership Addendum is required.

More Definitions of Common Interest

Common Interest means the limited liability company interest of the Member in the Company as described in Article VI. The Company shall have one class of Common Interest.

Common Interest means the percentage of undivided interest in the common elements appurtenant to each unit, as expressed in the declaration, and any specified percentage of the common interest means such percentage of the undivided interests in the aggregate.

Common Interest as defined in the operating agreement of the Company or any other Capital Stock of the Company which shall replace the Common Interest.

Common Interest means the limited liability company interest of the Member in the Company as described in Article VII. The Company shall have one class of Common Interest.

Common Interest means, with respect to any holder of Common Partnership Units, such holder’s Partnership Interest in connection with such Common Partnership Units at any particular time.

Common Interest means that portion of the Membership Interest of either Member other than the Preferred A Interest and the Preferred B Interest, including that portion of the Membership Interest of either Member having the rights and privileges specified in this Agreement as pertaining to the Common Interest.