Exchangeable Interests definition

Exchangeable Interests is defined in the recitals.
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Exchangeable Interests means the partnership interests in each MFC Hospital (other than UMASH) that are exchangeable for Common Shares by the respective Existing Partners, through their ownership interest in the related Holding Entity and Subco or ASH Holdco, as applicable, to the extent that such interests have not yet been exchanged.
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Exchangeable Interests shall have the meaning set forth in the Recitals.
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Examples of Exchangeable Interests in a sentence

  • Lazard shall use its reasonable efforts to structure the Transactions in a manner that does not result in any material tax to the Executive (that the Executive would not have incurred in the absence of the Transactions) upon the exchange of the Class A-2 Interests into Exchangeable Interests or other exchange of Class A-2 Interests into HoldCo Interests, it being understood that this shall not be a commitment to maintain the current tax treatment or benefits applicable to the Executive.

  • The documents reflecting the Exchangeable Interests shall contain the restrictive covenants set forth in the HoldCo LLC Agreement addressing the subject matter of the Covenants, which covenants shall be consistent with, and no more restrictive on the Executive than those contained in this Agreement.

  • Lazard shall use its reasonable efforts to structure the HoldCo governance terms with a view to permitting it to perform its obligations under this Agreement, including, without limitation, with respect to making the distributions and payments provided for in Sections 2(d) and (e) and permitting and effecting the exchange of the Exchangeable Interests for PubliCo Shares in the manner and at the times contemplated by Section 2(g).

  • The Executive’s Exchangeable Interests shall not be subject to reduction for any reason.

  • In August 2008, the CICA issued Emerging Issues Committee (“EIC”) EIC-171, Future Income Tax Consequences of Exchangeable Interests in an Income Trust or Specified Investment Flow-Through, which concludes that temporary differences associated with assets and liabilities attributable to exchangeable interests should not be recorded prior to the conversion of the exchangeable interests.

  • The Bureau is also providing technical support for the completion of the Forestland Boundary Delineation and Assessment (FLBDA).

  • In August 2008, the CICA issued Emerging Issues Committee Abstract No. 171, “Future Income Tax Consequences of Exchangeable Interests in an Income Trust or Specified Investment Flow-Through” (EIC-171).

  • With regard to professional experience, about 45% of our team has at least 10 years of experience in conducting search and examination patentability reports.

  • Senior management still does not have faith in marketing when it comes to the numbers…• Only 14% of companies say that management isconfident in their forecasts• Only 36% have written ROI Only 1 in 10 saidgoals• 86% do not have to meet the same financial hurdles as a capital projectthey could forecast the impact of a 10% cut in spend.

  • The Company has adopted CICA Emerging Issues Committee Abstract — 171 (“EIC—171”) Future Income Tax Consequences of Exchangeable Interests in an Income Trust or Specified Investment Flow-Through (“SIFT”).

Related to Exchangeable Interests

  • Exchangeable Securities means any securities of any trust, limited partnership or corporation other than the Trust that are convertible or exchangeable directly for Units without the payment of additional consideration therefore;

  • Exchangeable Stock means any Capital Stock of a corporation that is exchangeable or convertible into another security (other than Capital Stock of such corporation that is neither Exchangeable Stock or Redeemable Stock).

  • Redeemable Interests means any Partnership Interests for which a redemption notice has been given, and has not been withdrawn, pursuant to Section 4.10.

  • Exchangeable Notes means the Class M Notes and MAC Notes of the Xxxxxxx Mac STACR® Debt Notes, Series 2015-HQ1, which may be transferred only on the book-entry system operated by DTC or its successor, or under certain limited circumstances, in registered, certificated form, as provided in the Global Agency Agreement.

  • Exchangeable Shares means the Exchangeable Shares of the Corporation having the rights, privileges, restrictions and conditions set forth herein.

  • Exchangeable Certificates The Class A-S, Class B, Class C and Class PEX Certificates.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Capital Interests means any and all shares, interests, participations, rights or other equivalents (however designated) of capital stock, including, without limitation, with respect to partnerships, partnership interests (whether general or limited) and any other interest or participation that confers on a person the right to receive a share of the profits and losses of, or distributions of assets of, such partnership.

  • Preferred Interests means, with respect to any Person, Equity Interests issued by such Person that are entitled to a preference or priority over any other Equity Interests issued by such Person upon any distribution of such Person’s property and assets, whether by dividend or upon liquidation.

  • exchangeable security means a security of an issuer that is exchangeable for, or carries the right of the holder to acquire, or of the issuer to cause the acquisition of, a security of another issuer;

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].

  • Common Interests of any Person means Capital Interests in such Person that do not rank prior, as to the payment of dividends or as to the distribution of assets upon any voluntary or involuntary liquidation, dissolution or winding up of such Person, to Capital Interests of any other class in such Person.

  • Exchangeable Share Provisions means the rights, privileges, restrictions and conditions attaching to the Exchangeable Shares;

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • Class B Units has the meaning set forth in Section 3.04(a)(ii).

  • Class B Warrants means the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

  • Eligible interests means interests or memberships.

  • Class B Preferred Stock means the Class B Cumulative Convertible Preferred Stock, par value $0.01 per share, of the Previous General Partner.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Book-Entry Preferred Securities Certificates means a beneficial interest in the Preferred Securities Certificates, ownership and transfers of which shall be made through book entries by a Clearing Agency as described in Section 5.11.

  • Exchangeable Share Consideration has the meaning provided in the Exchangeable Share Provisions.

  • Preferred Units means all Partnership Interests designated as preferred units by the General Partner from time to time in accordance with Section 4.02 of the Partnership Agreement.

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).