Capital Interests. With respect to any Person, any and all shares, ----------------- interests, participations or other equivalents in the equity interest (however designated) in such Person and any rights (other than debt securities convertible into an equity interest), warrants or options to acquire an equity interest in such Person. Capitalized Leases. Leases under which any Person is the lessee or ------------------ obligor, the discounted future rental payment obligations under which are required to be capitalized on the balance sheet of the lessee or obligor in accordance with generally accepted accounting principles.
Capital Interests. Each Member shall receive a Capital Interest in the Company upon becoming a Member and making any capital contribution to the Company. Each such Capital Interest shall (i) entitle its holder to an allocation of the profits and losses of the Company, to distributions as provided in Article 5, and to a share of the assets of the Company upon winding up as provided in Article 12, and (ii) shall correspond to a limited liability company interest as provided in the DLLCA ("Capital Interest"). Each Member with a Capital Interest shall have a Participation Percentage that shall initially equal the fraction (expressed as a percentage) the numerator of which is the number of Presidio Shares contributed by such Member and the denominator of which is the number of Presidio Shares contributed by all Members ("Participation Percentage"). The value of any additional contributions by the Members shall be determined in good faith by the Managers. In connection with any capital contribution other than the Initial Contribution, the capital accounts and Participation Percentages of the Members may be adjusted to reflect the fair value of the Capital Interests immediately prior to such increase or admission in accordance with Treasury Regulation 1.704-1(b)(2)(iv)(f).
Capital Interests. Capital Interests have all the rights, privileges, preferences, and obligations specifically provided for in this Agreement and as may otherwise be generally available to all classes of Interests. The Company may issue Capital Interests at any time and from time to time as provided in this Agreement.
Capital Interests. The respective percentage interests of the Partners in the capital of the Partnership are as follows: Percentage Interests
Capital Interests. (a) The Company shall initially have one class of limited liability company interests, when interests shall consist of 100 units (each a “Common Share” and, collectively, the “Common Shares”) and which shall entitle the holders thereof to the rights and benefits provided in respect thereof under this Agreement.
Capital Interests. The interests of the Members in the capital originally contributed to the Company (the "Capital Interests") are as follows: Name Capital Interests Merit Operating, LLC 10% Merit Equities, LLC 90%
Capital Interests. Each Capital Interests Holder’s Capital Interest that is issued and outstanding immediately prior to the Effective Time shall automatically be cancelled and converted into the right to receive, subject to the terms of this Agreement, the portion of the Merger Consideration (comprised of (i) the Capital Interests Holders Closing Consideration, (ii) the Indemnification Escrow Property, (iii) the Merger Consideration Adjustment Escrow Property, (iv) the Holders Representative Reserve Property, (v) the Earn-Out Payment, and (vi) the Additional Consideration, to be paid to Capital Interests Holders under this Agreement) allocated to the Capital Interests Holder’s Capital Interest in accordance with Section 1.6 below, which amounts shall be payable as provided herein and subject to any adjustments pursuant to this Agreement, including those set forth in this Article I.
Capital Interests. All capital interests in the Company shall belong to the Member.
Capital Interests. Seller does not and will not at the Closing own, directly or indirectly, any Capital Interest in any Person.
Capital Interests. Carrying Value. .Cash from Interim Capital Transactions. .Cash from Operations. .
