{"component": "clause", "props": {"groups": [{"snippet": "Subject to the reservations set forth in Section 1.3, all of Seller's, right, title and interest in and to the following shall herein be called the \"Interests\":\n(a) The oil and gas well\u2587 \u2587\u2587\u2587cribed in EXHIBIT \"A-I\" hereto (the \"Well\u2587\"), together with all oil, gas and mineral production from the Well\u2587;\n(b) The leasehold estates created by the leases, licenses, permits and other agreements described in EXHIBIT \"A-II\", INSOFAR BUT ONLY INSOFAR as they cover and relate to the lands (the \"Lands\") described in EXHIBIT \"A-II\" (the leasehold estates insofar as they cover the Lands are called the \"Leases\"); together with all overriding royalty interests, production payments and other payments out of or measured by the value of oil and gas production;\n(c) All oil, gas, casinghead gas, condensate, distillate, liquid hydrocarbons, gaseous hydrocarbons and all products refined therefrom, together with all minerals produced in association with these substances (collectively called the \"Hydrocarbons\") in and under and which may be produced and saved from or attributable to the Leases or Well\u2587, \u2587\u2587d all rents, issues, profits, proceeds, products, revenues and other income from or attributable thereto;\n(d) All of the personal property, fixtures and improvements appurtenant to the Well\u2587, \u2587\u2587 the Leases or used or obtained in connection with the operation of the Well\u2587, \u2587\u2587 the Leases or with the production, treatment, sale or disposal of hydrocarbons or water produced therefrom or attributable thereto, including without limitation, pipelines, disposal systems, gathering systems and compression facilities appurtenant to or located upon the Leases; and\n(e) All the property, rights, privileges, benefits and appurtenances in any way belonging, incidental to, or pertaining to the property, interests and rights described in Sections 1.2\n(a) through 1.2", "snippet_links": [{"key": "the-reservations", "type": "clause", "offset": [11, 27]}, {"key": "section-13", "type": "clause", "offset": [41, 52]}, {"key": "all-of-seller", "type": "definition", "offset": [54, 67]}, {"key": "title-and-interest", "type": "clause", "offset": [78, 96]}, {"key": "oil-and-gas-well", "type": "definition", "offset": [169, 185]}, {"key": "leasehold-estates", "type": "clause", "offset": [310, 327]}, {"key": "created-by", "type": "definition", "offset": [328, 338]}, {"key": "the-leases", "type": "definition", "offset": [339, 349]}, {"key": "other-agreements", "type": "definition", "offset": [373, 389]}, {"key": "relate-to", "type": "definition", "offset": [462, 471]}, {"key": "the-lands", "type": "clause", "offset": [472, 481]}, {"key": "overriding-royalty-interests", "type": "clause", "offset": [623, 651]}, {"key": "production-payments", "type": "definition", "offset": [653, 672]}, {"key": "payments-out", "type": "clause", "offset": [683, 695]}, {"key": "the-value", "type": "clause", "offset": [714, 723]}, {"key": "oil-and-gas-production", "type": "definition", "offset": [727, 749]}, {"key": "casinghead-gas", "type": "definition", "offset": [769, 783]}, {"key": "liquid-hydrocarbons", "type": "definition", "offset": [809, 828]}, {"key": "all-products", "type": "clause", "offset": [855, 867]}, {"key": "in-association-with", "type": "definition", "offset": [923, 942]}, {"key": "other-income", "type": "clause", "offset": [1160, 1172]}, {"key": "the-personal-property", "type": "clause", "offset": [1214, 1235]}, {"key": "fixtures-and-improvements", "type": "clause", "offset": [1237, 1262]}, {"key": "in-connection-with", "type": "clause", "offset": [1323, 1341]}, {"key": "operation-of-the", "type": "clause", "offset": [1346, 1362]}, {"key": "the-production", "type": "clause", "offset": [1392, 1406]}, {"key": "disposal-of", "type": "clause", "offset": [1427, 1438]}, {"key": "including-without-limitation", "type": "clause", "offset": [1505, 1533]}, {"key": "gathering-systems", "type": "definition", "offset": [1564, 1581]}, {"key": "compression-facilities", "type": "clause", "offset": [1586, 1608]}, {"key": "the-property", "type": "clause", "offset": [1664, 1676]}, {"key": "incidental-to", "type": "definition", "offset": [1747, 1760]}, {"key": "pertaining-to", "type": "definition", "offset": [1765, 1778]}, {"key": "rights-described", "type": "clause", "offset": [1807, 1823]}], "size": 20, "samples": [{"hash": "fCVy92xxPJW", "uri": "/contracts/fCVy92xxPJW#interests", "label": "Purchase and Sale Agreement (Exco Resources Inc)", "score": 18.0, "published": true}, {"hash": "8leqOrsaI6A", "uri": "/contracts/8leqOrsaI6A#interests", "label": "Purchase and Sale Agreement (Venus Exploration Inc)", "score": 18.0, "published": true}], "hash": "5ec7b76a51f54abadd0efbbf86764071", "id": 1}, {"snippet": "There shall be only one class of limited liability company interests, all of which are held by the Member(s).", "snippet_links": [{"key": "class-of", "type": "definition", "offset": [24, 32]}, {"key": "limited-liability-company-interests", "type": "definition", "offset": [33, 68]}], "size": 16, "samples": [{"hash": "dbPLZ6Ns3hx", "uri": "/contracts/dbPLZ6Ns3hx#interests", "label": "Operating Agreement", "score": 32.2351722717, "published": true}, {"hash": "ckS3apXdxmU", "uri": "/contracts/ckS3apXdxmU#interests", "label": "Operating Agreement", "score": 30.1903591156, "published": true}, {"hash": "i4gbh0Y7Jv7", "uri": "/contracts/i4gbh0Y7Jv7#interests", "label": "Operating Agreement", "score": 27.9566669464, "published": true}], "hash": "121e7aaab094c075d22d1480171dae27", "id": 2}, {"snippet": "Oil and gas leasehold interests and oil and gas mineral fee interests, including working interests, overriding royalty interests, net profits interests, carried interests, and similar rights and interests.", "snippet_links": [{"key": "oil-and-gas", "type": "clause", "offset": [0, 11]}, {"key": "leasehold-interests", "type": "definition", "offset": [12, 31]}, {"key": "fee-interests", "type": "definition", "offset": [56, 69]}, {"key": "working-interests", "type": "clause", "offset": [81, 98]}, {"key": "overriding-royalty-interests", "type": "clause", "offset": [100, 128]}, {"key": "net-profits-interests", "type": "definition", "offset": [130, 151]}, {"key": "carried-interests", "type": "definition", "offset": [153, 170]}, {"key": "rights-and-interests", "type": "definition", "offset": [184, 204]}], "size": 16, "samples": [{"hash": "dxCyGitlWLw", "uri": "/contracts/dxCyGitlWLw#interests", "label": "Crude Oil Gathering and Storage Agreement (Oasis Midstream Partners LP)", "score": 32.8412055969, "published": true}, {"hash": "dGaxXaUvPw1", "uri": "/contracts/dGaxXaUvPw1#interests", "label": "Crude Oil Gathering and Storage Agreement (Oasis Midstream Partners LP)", "score": 32.8412055969, "published": true}, {"hash": "bxh2nvhrAk0", "uri": "/contracts/bxh2nvhrAk0#interests", "label": "Produced and Flowback Water Gathering and Disposal Agreement (Oasis Midstream Partners LP)", "score": 32.8412055969, "published": true}], "hash": "406c1d625c27af5b26e42e84af58e6e7", "id": 3}, {"snippet": "The following table sets forth (or describes) the class designation, interest rate, initial principal amount, and corresponding class of certificates or components for each class of REMIC 2 Interests:", "snippet_links": [{"key": "class-designation", "type": "definition", "offset": [50, 67]}, {"key": "interest-rate", "type": "definition", "offset": [69, 82]}, {"key": "initial-principal-amount", "type": "clause", "offset": [84, 108]}, {"key": "corresponding-class-of-certificates", "type": "definition", "offset": [114, 149]}, {"key": "remic-2-interests", "type": "definition", "offset": [182, 199]}], "size": 16, "samples": [{"hash": "iTQcPDUV8h4", "uri": "/contracts/iTQcPDUV8h4#interests", "label": "Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series MLCC 2004-F)", "score": 18.0, "published": true}, {"hash": "hnLlcrQu6KE", "uri": "/contracts/hnLlcrQu6KE#interests", "label": "Pooling and Servicing Agreement (Merrill Lynch Investors Trust, Series 2006-A2)", "score": 18.0, "published": true}, {"hash": "hIJG432JHwe", "uri": "/contracts/hIJG432JHwe#interests", "label": "Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series MLCC 2004-E)", "score": 18.0, "published": true}], "hash": "fa4c2060d8c493f3ab2d932f77f79edc", "id": 4}, {"snippet": "The Interests will be free and clear of all liens and encumbrances on the Closing Date and the Contributors have good, merchantable title thereto and the right to convey same in accordance with the terms of this Agreement. Upon delivery of the Assignment and Assumption Agreements to the Acquiror at Closing, good valid and merchantable title to the Interests, free and clear of all liens and encumbrances, will pass to the Acquiror.", "snippet_links": [{"key": "free-and-clear", "type": "definition", "offset": [22, 36]}, {"key": "liens-and-encumbrances", "type": "definition", "offset": [44, 66]}, {"key": "the-closing-date", "type": "clause", "offset": [70, 86]}, {"key": "merchantable-title", "type": "clause", "offset": [119, 137]}, {"key": "right-to-convey", "type": "clause", "offset": [154, 169]}, {"key": "in-accordance-with", "type": "clause", "offset": [175, 193]}, {"key": "terms-of-this-agreement", "type": "clause", "offset": [198, 221]}, {"key": "assignment-and-assumption-agreements", "type": "definition", "offset": [244, 280]}, {"key": "the-acquiror", "type": "clause", "offset": [284, 296]}, {"key": "at-closing", "type": "clause", "offset": [297, 307]}, {"key": "title-to-the-interests", "type": "clause", "offset": [337, 359]}], "size": 15, "samples": [{"hash": "sgise5jdPN", "uri": "/contracts/sgise5jdPN#interests", "label": "Contribution Agreement (Hersha Hospitality Trust)", "score": 21.0, "published": true}, {"hash": "lQ3lZZpauhx", "uri": "/contracts/lQ3lZZpauhx#interests", "label": "Contribution Agreement (Hersha Hospitality Trust)", "score": 18.0, "published": true}, {"hash": "lPTbDtMyPLq", "uri": "/contracts/lPTbDtMyPLq#interests", "label": "Contribution Agreement (Hersha Hospitality Trust)", "score": 18.0, "published": true}], "hash": "4a8ca843ea44bac2632673fb960b1a3d", "id": 5}, {"snippet": "With respect to each Mortgaged Property, the ownership of Grantor in such Mortgaged Property does and will, (i) with respect to each well described in Exhibit \u201cA\u201d hereto in connection with such Mortgaged Property, (A) entitle Grantor to receive (subject to the terms and provisions of this Mortgage) a decimal share of the Production produced from, or allocated to, such well equal to not less than the decimal share set forth in Exhibit \u201cA\u201d in connection with such well opposite the words \u201cNet Revenue Interest\u201d (or words of similar import), (B) cause Grantor to be obligated to bear a decimal share of the cost of exploration, development and operation of such well not greater than the decimal share set forth in Exhibit \u201cA\u201d in connection with such well opposite the words \u201cWorking Interest\u201d (or words of similar import) and (ii) if such Mortgage Property is shown in Exhibit \u201cA\u201d to be subject to a unit or units, with respect to each such unit, (A) entitle Grantor to receive (subject to the terms and provisions of this Mortgage) a decimal share of Production produced from, or allocated to, such unit equal to not less than the decimal share set forth in Exhibit \u201cA\u201d in connection with such Mortgaged Property opposite the words \u201cUnit Net Revenue Interest\u201d or words of similar import (and if such Mortgaged Property is subject to more than one unit, words identifying such interest with such unit), and (B) obligate Grantor to bear a decimal share of the cost of exploration, development and operation of such unit not greater than the decimal share set forth in Exhibit \u201cA\u201d in connection with such Mortgaged Property opposite the words \u201cUnit Working Interest\u201d or words of similar import (and if such Mortgaged Property is subject to more than one unit, words identifying such interest with such unit); such shares of Production which Grantor is entitled to receive, and shares of expenses which Grantor is obligated to bear, are not and will not be subject to change (other than changes which arise pursuant to non-consent provisions of operating agreements described in Exhibit \u201cA\u201d in connection with such Mortgaged Properties, respectively, in connection with operations hereafter proposed) except, and only to the extent that, such changes are reflected in Exhibit \u201cA\u201d. There is not and will not be any unexpired financing statement covering any part of the Property on file in any public office naming any party other than Lender as secured party. The execution, delivery and performance of this Mortgage and the creation of the liens hereunder do not violate any provision or constitute a default under any operating agreement or other instrument which affects any Mortgaged Property or to which Grantor is a party.", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [0, 15]}, {"key": "mortgaged-property", "type": "definition", "offset": [21, 39]}, {"key": "ownership-of", "type": "clause", "offset": [45, 57]}, {"key": "in-connection-with", "type": "clause", "offset": [170, 188]}, {"key": "to-receive", "type": "definition", "offset": [234, 244]}, {"key": "provisions-of-this", "type": "clause", "offset": [271, 289]}, {"key": "the-production", "type": "clause", "offset": [319, 333]}, {"key": "allocated-to", "type": "definition", "offset": [352, 364]}, {"key": "equal-to", "type": "definition", "offset": [376, 384]}, {"key": "the-words", "type": "definition", "offset": [480, 489]}, {"key": "net-revenue-interest", "type": "definition", "offset": [491, 511]}, {"key": "cost-of", "type": "definition", "offset": [608, 615]}, {"key": "operation-of", "type": "clause", "offset": [645, 657]}, {"key": "working-interest", "type": "definition", "offset": [777, 793]}, {"key": "mortgage-property", "type": "definition", "offset": [841, 858]}, {"key": "unit-or-units", "type": "definition", "offset": [902, 915]}, {"key": "such-unit", "type": "definition", "offset": [938, 947]}, {"key": "one-unit", "type": "definition", "offset": [1346, 1354]}, {"key": "shares-of", "type": "clause", "offset": [1814, 1823]}, {"key": "subject-to-change", "type": "clause", "offset": [1956, 1973]}, {"key": "pursuant-to", "type": "clause", "offset": [2006, 2017]}, {"key": "consent-provisions", "type": "definition", "offset": [2022, 2040]}, {"key": "operating-agreements", "type": "definition", "offset": [2044, 2064]}, {"key": "mortgaged-properties", "type": "clause", "offset": [2114, 2134]}, {"key": "to-the-extent", "type": "clause", "offset": [2217, 2230]}, {"key": "financing-statement", "type": "definition", "offset": [2323, 2342]}, {"key": "the-property", "type": "clause", "offset": [2364, 2376]}, {"key": "on-file", "type": "definition", "offset": [2377, 2384]}, {"key": "public-office", "type": "definition", "offset": [2392, 2405]}, {"key": "secured-party", "type": "definition", "offset": [2444, 2457]}, {"key": "the-execution", "type": "clause", "offset": [2459, 2472]}, {"key": "delivery-and-performance", "type": "clause", "offset": [2474, 2498]}, {"key": "the-liens", "type": "clause", "offset": [2536, 2545]}, {"key": "default-under", "type": "clause", "offset": [2601, 2614]}, {"key": "agreement-or", "type": "definition", "offset": [2629, 2641]}, {"key": "a-party", "type": "clause", "offset": [2719, 2726]}], "size": 13, "samples": [{"hash": "ljoPQlhVsOV", "uri": "/contracts/ljoPQlhVsOV#interests", "label": "Subordinate Deed of Trust, Mortgage, Security Agreement, Assignment of Production and Financing Statement (Baron Energy Inc.)", "score": 21.4325809479, "published": true}, {"hash": "fnisJAfG73b", "uri": "/contracts/fnisJAfG73b#interests", "label": "Deed of Trust, Mortgage, Security Agreement, Assignment of Production and Financing Statement (Baron Energy Inc.)", "score": 21.4325809479, "published": true}, {"hash": "eNGU618y3Cu", "uri": "/contracts/eNGU618y3Cu#interests", "label": "Deed of Trust, Mortgage, Security Agreement, Assignment of Production and Financing Statement (Baron Energy Inc.)", "score": 21.4325809479, "published": true}], "hash": "697333cc36942984313793c3b9d0d0b9", "id": 6}, {"snippet": "(a) As of the Effective Date, all of the outstanding equity interests in the Partnership are owned of record, directly or indirectly, solely by the Persons identified in the books and records of the Partnership.\n(b) The Partnership may issue any number of Interests, and options, rights, warrants and appreciation rights relating to Interests, for any Partnership purpose at any time and from time to time to such Persons for such consideration (which may be cash, property, services or any other lawful consideration) or for no consideration and on such terms and conditions as the General Partner shall determine, all without the approval of any Limited Partner.\n(c) Interests authorized to be issued by the Partnership pursuant to Section 4.1(b) may be issued in one or more classes, or one or more series of any such classes, with such designations, preferences, rights, powers, duties, restrictions and conditions (which may be junior to, equivalent to or senior or superior to any existing classes or series of Interests), as shall be fixed by the General Partner and may be reflected in a designation certificate approved by the General Partner (each, a \u201cSeries Designation\u201d) or otherwise in the books and records of the Partnership, including (i) the right to share in Partnership profits and losses or items thereof; (ii) the right to share in Partnership distributions, the dates distributions will be payable and whether distributions with respect to such class or series will be cumulative or non-cumulative; (iii) rights upon dissolution and liquidation of the Partnership; (iv) whether, and the terms and conditions upon which, the Partnership may redeem such Interests (including sinking fund provisions); (v) whether such Interests are issued with the privilege of conversion or exchange and, if so, the terms and conditions of such conversion or exchange; (vi) the terms and conditions upon which such Interests will be issued, including restrictions on assignment and transfer and whether such Interests will be evidenced by certificates; (vii) the method for determining the Percentage Interest, if any, applicable to such Interests; (viii) the right, if any, of the holder of each such Partnership to vote on Partnership matters, including matters relating to the relative rights, preferences and privileges of such Partnership, and (ix) the extent to which such Interests participate in Incentive Income derived from a particular Fund or group of Funds (an \u201cAssociated Fund\u201d).\n(d) The General Partner is hereby authorized to take all actions that it determines to be necessary, appropriate, advisable or convenient in connection with (i) each issuance of Interests and options, rights, warrants and appreciation rights relating to Interests pursuant to this Section 4.1, including the admission of the holders thereof as Limited Partners in connection therewith and any related amendment of this Agreement, and (ii) all additional issuances of Interests and options, rights, warrants and appreciation rights relating to Interests. The General Partner shall determine the relative rights, powers and duties of the holders of the Interests or options, rights, warrants or appreciation rights relating to Interests being so issued. The General Partner is authorized to do all things that it determines to be necessary or appropriate in connection with any future issuance of Interests or options, rights, warrants or appreciation rights relating to such Interests, including compliance with any statute, rule, regulation or guideline of any Governmental Authority or any securities market on which Interests or options, rights, warrants or appreciation rights relating to Interests are listed for trading.\n(e) No Interests shall be issued to any Person unless such issuance satisfies each of the following conditions (except to the extent waived by the General Partner):\n(i) all conditions to such issuance and the admission of the recipient of such Interests as an additional Limited Partner that are required to be satisfied under Section 3.8 have been satisfied (except to the extent any such condition is waived by the General Partner); and\n(ii) the General Partner has received such written instruments, in form and substance (including containing such representations and warranties as are) reasonably satisfactory to the General Partner, as the General Partner determines to be necessary, appropriate, advisable or convenient in connection with such issuance and admission, including an instrument of joinder evidencing the consent of the recipient of such Interests to be bound by this Agreement. The recipient of Interests pursuant to an issuance of such Interests in compliance with this Section 4.1 shall be admitted as an additional Limited Partner with respect to such Interests upon the consummation of such issuance. Any issuance of Interests or admission to the Partnership of any additional Limited Partner in violation of this Section 4.1 shall be null and void ab initio, shall not be recorded on the books of the Partnership, and shall not be recognized by the Partnership, in each case, except as otherwise required by applicable law.", "snippet_links": [{"key": "as-of-the-effective-date", "type": "clause", "offset": [4, 28]}, {"key": "interests-in-the-partnership", "type": "clause", "offset": [60, 88]}, {"key": "of-record", "type": "definition", "offset": [99, 108]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [110, 132]}, {"key": "the-persons", "type": "clause", "offset": [144, 155]}, {"key": "books-and-records-of-the-partnership", "type": "clause", "offset": [174, 210]}, {"key": "number-of-interests", "type": "clause", "offset": [246, 265]}, {"key": "appreciation-rights", "type": "definition", "offset": [301, 320]}, {"key": "relating-to", "type": "definition", "offset": [321, 332]}, {"key": "partnership-purpose", "type": "clause", "offset": [352, 371]}, {"key": "at-any-time", "type": "clause", "offset": [372, 383]}, {"key": "from-time-to-time", "type": "clause", "offset": [388, 405]}, {"key": "lawful-consideration", "type": "clause", "offset": [497, 517]}, {"key": "no-consideration", "type": "clause", "offset": [526, 542]}, {"key": "approval-of", "type": "definition", "offset": [632, 643]}, {"key": "by-the-partnership", "type": "clause", "offset": [703, 721]}, {"key": "section-41", "type": "clause", "offset": [734, 745]}, {"key": "issued-in", "type": "definition", "offset": [756, 765]}, {"key": "restrictions-and-conditions", "type": "clause", "offset": [891, 918]}, {"key": "series-of-interests", "type": "clause", "offset": [1007, 1026]}, {"key": "by-the-general-partner", "type": "clause", "offset": [1047, 1069]}, {"key": "designation-certificate", "type": "definition", "offset": [1096, 1119]}, {"key": "approved-by", "type": "definition", "offset": [1120, 1131]}, {"key": "series-designation", "type": "definition", "offset": [1162, 1180]}, {"key": "right-to-share", "type": "clause", "offset": [1259, 1273]}, {"key": "profits-and-losses", "type": "clause", "offset": [1289, 1307]}, {"key": "partnership-distributions", "type": "clause", "offset": [1353, 1378]}, {"key": "with-respect-to", "type": "clause", "offset": [1446, 1461]}, {"key": "class-or-series", "type": "clause", "offset": [1467, 1482]}, {"key": "dissolution-and-liquidation-of-the-partnership", "type": "clause", "offset": [1539, 1585]}, {"key": "the-terms-and-conditions", "type": "clause", "offset": [1605, 1629]}, {"key": "sinking-fund-provisions", "type": "definition", "offset": [1695, 1718]}, {"key": "conversion-or-exchange", "type": "clause", "offset": [1781, 1803]}, {"key": "terms-and-conditions-of", "type": "clause", "offset": [1820, 1843]}, {"key": "restrictions-on-assignment-and-transfer", "type": "clause", "offset": [1955, 1994]}, {"key": "the-method", "type": "definition", "offset": [2063, 2073]}, {"key": "percentage-interest", "type": "clause", "offset": [2094, 2113]}, {"key": "applicable-to", "type": "definition", "offset": [2123, 2136]}, {"key": "partnership-matters", "type": "clause", "offset": [2229, 2248]}, {"key": "relative-rights", "type": "clause", "offset": [2284, 2299]}, {"key": "participate-in", "type": "definition", "offset": [2393, 2407]}, {"key": "incentive-income", "type": "definition", "offset": [2408, 2424]}, {"key": "associated-fund", "type": "definition", "offset": [2479, 2494]}, {"key": "all-actions", "type": "clause", "offset": [2551, 2562]}, {"key": "in-connection-with", "type": "clause", "offset": [2636, 2654]}, {"key": "issuance-of-interests", "type": "clause", "offset": [2664, 2685]}, {"key": "the-holders", "type": "clause", "offset": [2819, 2830]}, {"key": "limited-partners", "type": "definition", "offset": [2842, 2858]}, {"key": "amendment-of-this-agreement", "type": "clause", "offset": [2899, 2926]}, {"key": "additional-issuances-of-interests", "type": "clause", "offset": [2941, 2974]}, {"key": "determine-the", "type": "clause", "offset": [3078, 3091]}, {"key": "duties-of-the", "type": "clause", "offset": [3120, 3133]}, {"key": "holders-of", "type": "clause", "offset": [3134, 3144]}, {"key": "the-interests", "type": "clause", "offset": [3145, 3158]}, {"key": "future-issuance", "type": "definition", "offset": [3374, 3389]}, {"key": "governmental-authority", "type": "clause", "offset": [3559, 3581]}, {"key": "securities-market", "type": "clause", "offset": [3589, 3606]}, {"key": "no-interests", "type": "clause", "offset": [3728, 3740]}, {"key": "issued-to", "type": "definition", "offset": [3750, 3759]}, {"key": "any-person", "type": "clause", "offset": [3760, 3770]}, {"key": "except-to-the-extent", "type": "clause", "offset": [3836, 3856]}, {"key": "conditions-to", "type": "definition", "offset": [3897, 3910]}, {"key": "the-recipient", "type": "clause", "offset": [3946, 3959]}, {"key": "additional-limited-partner", "type": "definition", "offset": [3984, 4010]}, {"key": "section-38", "type": "clause", "offset": [4051, 4062]}, {"key": "written-instruments", "type": "definition", "offset": [4206, 4225]}, {"key": "form-and-substance", "type": "clause", "offset": [4230, 4248]}, {"key": "representations-and-warranties", "type": "definition", "offset": [4276, 4306]}, {"key": "instrument-of-joinder", "type": "definition", "offset": [4512, 4533]}, {"key": "consent-of-the", "type": "clause", "offset": [4549, 4563]}, {"key": "by-this-agreement", "type": "clause", "offset": [4604, 4621]}, {"key": "compliance-with-this-section", "type": "clause", "offset": [4695, 4723]}, {"key": "consummation-of", "type": "clause", "offset": [4819, 4834]}, {"key": "admission-to-the-partnership", "type": "clause", "offset": [4879, 4907]}, {"key": "violation-of-this-section", "type": "clause", "offset": [4945, 4970]}, {"key": "void-ab-initio", "type": "definition", "offset": [4993, 5007]}, {"key": "each-case", "type": "definition", "offset": [5115, 5124]}, {"key": "required-by", "type": "definition", "offset": [5146, 5157]}, {"key": "applicable-law", "type": "clause", "offset": [5158, 5172]}], "size": 10, "samples": [{"hash": "KUW8uTJMVk", "uri": "/contracts/KUW8uTJMVk#interests", "label": "Limited Partnership Agreement", "score": 31.3408622742, "published": true}, {"hash": "fXR458urDbh", "uri": "/contracts/fXR458urDbh#interests", "label": "Limited Partnership Agreement (Oaktree Capital Group, LLC)", "score": 26.5934295654, "published": true}, {"hash": "b3wImlcjN1K", "uri": "/contracts/b3wImlcjN1K#interests", "label": "Limited Partnership Agreement (Oaktree Capital Group, LLC)", "score": 26.5934295654, "published": true}], "hash": "f7e9f3c0222b0f21c5a7ca4aca45ff34", "id": 7}, {"snippet": "4.1 Interests. 19 4.2 Incentive Income 20 4.3 Supplemental Schedule 20 4.4 Transfer of Interests 21 4.5 Effects of Transfer 21 4.6 Limited Rights of Assignees 22 45699789.7 -i- 4.7 Designation of Beneficiaries 22 5.1 Capital Contributions 22 5.2 Capital Accounts 22 5.3 No Priorities of Partners 23", "snippet_links": [{"key": "incentive-income", "type": "definition", "offset": [22, 38]}, {"key": "supplemental-schedule", "type": "definition", "offset": [46, 67]}, {"key": "transfer-of-interests", "type": "clause", "offset": [75, 96]}, {"key": "effects-of-transfer", "type": "clause", "offset": [104, 123]}, {"key": "limited-rights-of-assignees", "type": "clause", "offset": [131, 158]}, {"key": "designation-of-beneficiaries", "type": "clause", "offset": [181, 209]}, {"key": "capital-contributions", "type": "definition", "offset": [217, 238]}, {"key": "capital-accounts", "type": "definition", "offset": [246, 262]}, {"key": "no-priorities-of-partners", "type": "clause", "offset": [270, 295]}], "size": 10, "samples": [{"hash": "4Ur6kWHqM1h", "uri": "/contracts/4Ur6kWHqM1h#interests", "label": "Limited Partnership Agreement (Brookfield Oaktree Holdings, LLC)", "score": 35.2176589966, "published": true}, {"hash": "lrbjKxs8btx", "uri": "/contracts/lrbjKxs8btx#interests", "label": "Limited Partnership Agreement (Oaktree Capital Group, LLC)", "score": 34.2156066895, "published": true}, {"hash": "cu3OOe6zER2", "uri": "/contracts/cu3OOe6zER2#interests", "label": "Limited Partnership Agreement (Oaktree Capital Group, LLC)", "score": 33.1971244812, "published": true}], "hash": "1640d14e71dd4799754ffef6acd33248", "id": 8}, {"snippet": "Interest shall accrue on the unpaid principal amount of each Note from the date of such Note until the maturity thereof, at a rate of 6.0% per annum. Interest shall be computed as simple annual interest on the basis of a year of 360 days for the actual number of days occurring in the period for which such interest is payable. Interest accrued on a particular Note will be forgiven upon conversion of such Note into shares of Common Stock.", "snippet_links": [{"key": "unpaid-principal-amount", "type": "definition", "offset": [29, 52]}, {"key": "date-of", "type": "clause", "offset": [75, 82]}, {"key": "rate-of", "type": "clause", "offset": [126, 133]}, {"key": "per-annum", "type": "clause", "offset": [139, 148]}, {"key": "basis-of", "type": "clause", "offset": [210, 218]}, {"key": "a-year", "type": "definition", "offset": [219, 225]}, {"key": "actual-number-of-days", "type": "clause", "offset": [246, 267]}, {"key": "the-period", "type": "clause", "offset": [281, 291]}, {"key": "interest-accrued", "type": "definition", "offset": [328, 344]}, {"key": "conversion-of", "type": "clause", "offset": [388, 401]}, {"key": "shares-of-common-stock", "type": "clause", "offset": [417, 439]}], "size": 9, "samples": [{"hash": "gEksgSUo8PS", "uri": "/contracts/gEksgSUo8PS#interests", "label": "Convertible Promissory Note Purchase Agreement (3pea International, Inc.)", "score": 19.7063655853, "published": true}, {"hash": "aJfP0CflSko", "uri": "/contracts/aJfP0CflSko#interests", "label": "Convertible Promissory Note Purchase Agreement (3pea Technologies Inc.)", "score": 18.0, "published": true}, {"hash": "718crSZ5NNs", "uri": "/contracts/718crSZ5NNs#interests", "label": "Convertible Promissory Note Purchase Agreement (3pea Technologies Inc.)", "score": 18.0, "published": true}], "hash": "3b2929b9979751be486e98b31b135dfd", "id": 9}, {"snippet": "All of the membership interests of Evolent Health outstanding as of the Closing Date have been duly authorized and when issued, fully paid and validly issued and, to the extent owned by the Company, will be owned free and clear of any liens, encumbrances or claims.", "snippet_links": [{"key": "the-membership-interests", "type": "clause", "offset": [7, 31]}, {"key": "as-of-the-closing-date", "type": "clause", "offset": [62, 84]}, {"key": "duly-authorized", "type": "clause", "offset": [95, 110]}, {"key": "fully-paid", "type": "clause", "offset": [128, 138]}, {"key": "validly-issued", "type": "clause", "offset": [143, 157]}, {"key": "to-the-extent", "type": "clause", "offset": [163, 176]}, {"key": "by-the-company", "type": "clause", "offset": [183, 197]}, {"key": "free-and-clear", "type": "definition", "offset": [213, 227]}], "size": 9, "samples": [{"hash": "lGHcK5w9uqk", "uri": "/contracts/lGHcK5w9uqk#interests", "label": "Purchase Agreement (Evolent Health, Inc.)", "score": 36.6358642578, "published": true}, {"hash": "53PsoOA4O3a", "uri": "/contracts/53PsoOA4O3a#interests", "label": "Purchase Agreement (Evolent Health, Inc.)", "score": 34.9411354065, "published": true}, {"hash": "568xH5dkwSF", "uri": "/contracts/568xH5dkwSF#interests", "label": "Purchase Agreement (Evolent Health, Inc.)", "score": 29.8076667786, "published": true}], "hash": "3b02ea2eba23737aea167bc61c7187ce", "id": 10}], "next_curs": "ClISTGoVc35sYXdpbnNpZGVyY29udHJhY3Rzci4LEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhJpbnRlcmVzdHMjMDAwMDAwMGEMogECZW4YACAA", "clause": {"children": [["generally", "Generally"], ["general-partnership-interest", "General Partnership Interest"], ["interests", "Interests"], ["", ""], ["limited-partnership-interests", "Limited Partnership Interests"]], "size": 1234, "parents": [["purchase-and-sale", "Purchase and Sale"], ["representations-and-warranties", "Representations and Warranties"], ["definitions", "Definitions"], ["representations-and-warranties-of-seller", "Representations and Warranties of Seller"], ["miscellaneous", "Miscellaneous"]], "title": "Interests", "id": "interests", "related": [["ownership-interests", "Ownership Interests", "Ownership <strong>Interests</strong>"], ["policy-ownership-interests", "Policy Ownership Interests", "Policy Ownership <strong>Interests</strong>"], ["ownership-interest", "Ownership Interest", "Ownership Interest"], ["no-ownership-interest", "No Ownership Interest", "No Ownership Interest"], ["ownership-of-membership-interests", "Ownership of Membership Interests", "Ownership of Membership <strong>Interests</strong>"]], "related_snippets": [], "updated": "2026-05-16T05:47:53+00:00", "also_ask": ["What interest rate benchmarks are most defensible and negotiable in current market conditions?", "Which interest compounding methods should be specified to avoid ambiguity or disputes?", "What are the most common pitfalls in drafting default interest provisions?", "How do courts typically assess the enforceability of penalty versus compensatory interest clauses?", "How do interest clause standards differ across key jurisdictions relevant to this contract?"], "drafting_tip": "Specify the interest rate, calculation method, and payment schedule to prevent disputes and ensure clarity of financial obligations.", "explanation": "The \"Interests\" clause defines how and when interest will be charged on outstanding amounts owed under the agreement. Typically, it specifies the applicable interest rate, the method of calculation (such as daily or monthly), and the circumstances under which interest accrues, such as late payments or overdue invoices. This clause ensures that parties are aware of the financial consequences of delayed payments, incentivizing timely fulfillment of monetary obligations and compensating the owed party for the time value of money."}, "json": true, "cursor": ""}}