Common Interest definition

Common Interest means employers engaged in the same industry or members of an Oklahoma trade association that has been in business for at least five (5) years.

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Common Interest means the limited liability company membership interest represented by the Common Units owned by a Common Member in the Company at any particular time, including the right of such Common Member to any and all benefits to which a Common Member may be entitled as provided in the Act, this Agreement, or otherwise, together with the obligations of such Common Member to comply with all terms and provisions of this Agreement and the Act.

Common Interest means the interest in the common elements appurtenant to,

Examples of Common Interest in a sentence

• Notwithstanding the foregoing, the Common Interest may not be transferred unless any conditions thereto specified in agreements or instruments entered into by the Company in connection with the issuance of the Bonds are satisfied.

• The Member may act by voting the Common Interest at a meeting, which may be called by the Member or any Manager, and which may be held at any place designated by the Member.

• Except as may otherwise be unanimously agreed by the Managers with the consent of the Member, all items of income, gain, loss, deduction, and credit of the Company shall be allocated to the Member in respect of its Common Interest.

• The Common Interest constitutes personal property and shall be freely transferable and assignable in whole but not in part upon registration of such transfer and assignment on the books of the Company in accordance with the procedures established for such purpose by the Managers.

More Definitions of Common Interest

Common Interest means the limited liability company interest of the Member in the Company as described in Article VI. The Company shall have one class of Common Interest.

Common Interest means the percentage of undivided interest in the common elements appurtenant to each unit, as expressed in the declaration, and any specified percentage of the common interest means such percentage of the undivided interests in the aggregate.

Common Interest means the limited liability company interest of the Member in the Company as described in Article VII. The Company shall have one class of Common Interest.

Common Interest as defined in the operating agreement of the Company or any other Capital Stock of the Company which shall replace the Common Interest.

Common Interest shall have the meaning given such term in Section 4.1.

Common Interest means, with respect to any holder of Common Partnership Units, such holder’s Partnership Interest in connection with such Common Partnership Units at any particular time.

Common Interest or "Common Interests" means that portion of the Membership Interests of any Member hereunder other than the Preferred Interests.