SJMB Ownership Interest in Belleli definition

SJMB Ownership Interest in Belleli shall have the meaning set forth in Section 2.2 herein.
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Examples of SJMB Ownership Interest in Belleli in a sentence

  • Neither HCHC nor SJMB shall sell, transfer, assign or encumber all or a part of the HCHC Ownership Interest in Belleli or the SJMB Ownership Interest in Belleli, respectively, following the Effective Date hereof without the prior written joint consent of SJMB and HCHC, or as provided for in Article V or Article IX of this Agreement.

  • HCHC and SJMB acknowledge and agree that (i) no capital contribution pursuant to Section 7.2 hereof is intended to result in a change in the number of quotas defined to equal the HCHC Ownership Interest in Belleli or the SJMB Ownership Interest in Belleli or the percentage of ownership defined to equal the HCHC Percentage Ownership or the SJMB Percentage Ownership and (ii) capital contributions pursuant to Section 7.2 shall be treated as debt for purposes of Article IX hereof.

  • SJMB grants to HCHC and its assigns the right to acquire the SJMB Ownership Interest in Belleli (the "HCHC Purchase Option").

Related to SJMB Ownership Interest in Belleli

  • Assignment of Membership Interests means the Assignment of Membership Interests, in substantially the form of Exhibit A attached hereto.

  • Applicable Ownership Interest means, with respect to the Treasury portfolio,

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Membership Interest means a Member’s entire interest in the Company including such Member’s right to receive allocations and distributions pursuant to this Agreement and the right to participate in the management of the business and affairs of the Company in accordance with this Agreement, including the right to vote on, consent to, or otherwise participate in any decision or action of or by the Members granted pursuant to this Agreement.

  • Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds held in a Book Entry System.