Additional Interests definition

Additional Interests has the meaning set forth in Section 3.4(a).

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Additional Interests shall have the meaning set forth in Section 3.5.

Additional Interests shall have the meaning set forth in Section 6.7.

Examples of Additional Interests in a sentence

• Notwithstanding the foregoing, in no event will any Excluded Interests be considered Additional Interests that are subject to the terms of Section 3.8 and all such Excluded Interests shall be exempt from Section 3.8. Unless otherwise agreed by the Board, the additional Equity Contributions in connection with the issuance of Additional Interests shall be made in cash.

• Unless otherwise approved by the Board or as provided in Section 3.4, the Additional Interests shall be issued at the lesser of (1) the Base Unit Price and (2) Fair Market Value; provided, that Additional Interests issued in respect of a Critical Funding Issue may only be issued at the lesser of (1) the Base Unit Price and (2) Fair Market Value, and the Board shall not be entitled to approve the issuance of Additional Interests in respect of a Critical Funding Issue at a higher price.

• The terms and conditions governing the issuance of such Additional Interests, including the number and designation of such Additional Interests and any required Equity Contributions in connection therewith, shall, subject to Section 3.8 (and, if applicable, Section 3.4), be determined by resolution of the Board in accordance with Section 7.2.

• Additional Interests issued to a Person who is not a Member shall be or be convertible into Class B-2 Units.

More Definitions of Additional Interests

Additional Interests has the meaning given that term in Section 3.4.

Additional Interests is defined in Section 6.12.

Additional Interests. Common Interests or other securities issued in respect of the Interests by reason of or in connection with any dividend, distribution, equity split, or similar issuance.

Additional Interests has the meaning set forth in Clause 4(b)

Additional Interests means the aggregate number of Company Common Units issued in an Additional Offering (including any Company Common Units issued pursuant to the exercise of an over-allotment option).

Additional Interests means equity interests in the Company issued after the Loan Purchase Closing.

Additional Interests means the aggregate number of LLC Interests issued in an Additional Offering (including any LLC Interests issued pursuant to the exercise of an over-allotment option).