Economic Interest Sample Clauses

Economic Interest. “Economic Interest” means a Person’s right to share in the Profits and Losses of, and the right to receive distributions and allocations from, the Company.
Economic Interest. Economic Interest" means a Member's Economic Interest Owner's share of the Company's Profits, Losses, Net Cash Flow, and other distributions of the Company's assets pursuant to this Agreement and the Act, but shall not include any right to participate in the management of affairs of the Company, including, without limitation, the right to vote on, consent to, or otherwise participate in any decision of the Members, all as provided in Section 6.2.
Economic Interest. Economic Interest" means a Person's right to share in the Net Profits, Net Loss or similar items of, and to receive distributions from, the LLC, but does not include any other rights of a Member including, without limitation, the right to vote or to participate in the management of the LLC, or, except as provided in Section 9.4, any right to information concerning the business and affairs of the LLC.
Economic Interest. An Equity Owner’s share of one or more of the Profits, Losses, and Distributions pursuant to this Agreement and the Act, but not including any right to participate in the management or affairs of the Company, such as the right to Approve or otherwise participate in any decision of the Members or Manager.
Economic Interest. No Member shall have the right to, directly or indirectly, Transfer all or any part of its Economic Interest absent the unanimous written consent of the Members, which consent may be withheld by any Member in its sole and absolute discretion, except for a transfer of all or a part of such Economic Interest to any of such Member's Affiliates. Each Member hereby acknowledges the reasonableness of the restrictions on Transfer of Economic Interests imposed by this Section 8.2 in view of the Company's purpose and the relationship of the Members. Accordingly, the restrictions on Transfer of Economic Interests contained in this Section 8.2 shall be specifically enforceable. Any purported or attempted Transfer of an Economic Interest not made in accordance with the terms and provisions of this Section 8.2 shall be null and void and of no effect.
Economic Interest. Commencing on the Effective Date, each time that Borrower requests an advance of principal under the Note (a “Borrower Advance”), Assignor shall notify Assignee in writing of the principal amount requested by Borrower and the wire transfer and funding instructions. Thereafter, Assignee shall fund an amount to Assignor equal to the amount of the Borrower Advance and upon such funding, Assignee shall own the Economic Interest related to the Borrower Advance so funded by Assignee. Assignor shall clearly notate the Economic Interest of Assignee in its books and records by marking each Borrower Advance funded by Assignee and notating that the Economic Interest for such Borrower Advance is owned by Assignee. Each time Assignee funds a Borrower Advance, Assignee’s Economic Interest shall be increased accordingly.
Economic Interest. 2 1.13 FISCAL YEAR.....................................................2 1.14 LLC.............................................................2 1.15 LLC INTEREST....................................................2 1.16 LLC LOANS.......................................................3 1.17 LLC MINIMUM GAIN................................................3 1.18 MAJORITY IN INTEREST OF THE MEMBERS.............................3 1.19 MANAGER.........................................................3 1.20
Economic Interest. Since the intent is to provide mere „economic interest‟ in Bharti Airtel, the DVRs issued by Bharti Telecom may have nil/minimal voting rights attached. Final Shareholding Bharti Airtel holds 49% equity shares in MTN. MTN shareholders hold 11% equity shares of Bharti Airtel (now in GDR form) MTN holds certain number of DVRs in Bharti Telecom entitling it to enjoy 25% economic interest in Bharti Airtel.
Economic Interest. Notwithstanding the provisions of Section 27.1, upon the occurrence and during the continuance of a Bankruptcy of the Bankrupt Parent, the Bankrupt Parent shall continue to be entitled to an economic interest in the Newco Group and to receive any and all dividends and distributions paid or made by the members of the Newco Group and DirectorCo to its shareholders or members.