Common use of Economic Interest Clause in Contracts

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.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

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Economic Interest. Economic Interest" means a Member's Economic Interest Owner's shall mean a Unit Holder’s share of one or more of the Company's Profits, Losses, Net Cash Flow, Losses and other distributions of the Company's assets Distributions pursuant to this Agreement and the Act, but shall not include any right to participate in the management of or affairs of the Company, including, without limitation, the right to vote on, consent to, to or otherwise participate in any decision of the Members, all as provided in Section 6.2.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Solis Seattle, LLC)

Economic Interest. Economic Interest" means the Percentage Interest of a Member's Economic Interest Owner's share of Member in the Company's ’s Profits, Losses, Net Cash Flow, and other distributions of the Company's ’s assets pursuant to this Agreement and the Act, but shall not include any right to participate in the management of or 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 6.2Members or the Company.

Appears in 1 contract

Samples: Operating Agreement (Intelligent Highway Solutions, Inc.)

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Economic Interest. Economic Interest" means a Member's ’s share, or Economic Interest Owner's share ’s share, of the Company's ’s Net Profits, LossesNet Loss, Net Cash Flow, and other distributions and/or Distributions of the Company's ’s assets pursuant to Sections 7 and 8 of this Agreement and the Act, but shall not include any right to participate in the management other rights of affairs of the Companya Member, including, without limitation, the right to vote on, consent to, or otherwise participate in the management or any decision right to information concerning the business and affairs of the Members, all as provided in Section 6.2Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Solar Power, Inc.)

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