Holders of Interests definition

Holders of Interests means those persons or entities which from time to time are shown on the books and records of the Partnership as being owners of Interests, or a fraction thereof, whether or not such persons or entities have been admitted to the Partnership as Limited Partners. 1.12 "Indenture" means that certain Indenture dated as of may 27, 1988 between the Partnership and manufacturers Hanover Trust Company of California, as Indenture Trustee, and its successors and assigns. 1.13 "Individual General Partners" means Xxxxxxx Xxxxxxxx, Xxxxxx Xxxxxxx and any other individual admitted as a general partner of the Partnership in place of or in addition to Xxxxxxx Xxxxxxxx or Xxxxxx Xxxxxxx. 1.14 "Initial Capital Contribution" means with respect to each Partner the original amount of cash contributed to the capital of the Partnership which amount shall be no less than $25,000 per Unit. 1.15 "Institutional Lender" means collectively CIGNA Property and Casualty Insurance Company and Connecticut General Life Insurance Company and their respective successors and assigns. 1.16 "Interest" or "Partnership Interest" means a percentage interest in the profits and losses of the Partnership. The percentage interest attributable to each Class A Unit is 0.0015% representing in the aggregate a 0.99% Interest. The percentage interest attributable to each Class B Unit is 0.0400367647% representing in the aggregate a 98.01% Interest. The aggregate Interest of the General Partners is one percent. The aggregate Interest of the General Partners shall be allocated among the General Partners on the basis of the percentage obtained by dividing the capital contributed by each General Partner by the capital contributed by all General Partners, except that in all events the Individual General Partners shall have a Partnership Interest of one-half of one percent (divided equally between them). The Interest of a Limited Partner stated as a percentage of all Interests held by Limited Partners is the percentage obtained by adding the percentage interest in profits attributable to each Unit owned by such Partner (Class A Units and/or Class B Units) and dividing said number by 99. The Interest of a Limited Partner stated as a percentage of all Interests held by Partners shall be the percentage obtained by adding the percentage interest attributable to each Unit owned by such Limited Partner (both Class A Units and Class B Units) together. 1.17 "Limited Partners" means the persons or entities admitted to the ...
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Examples of Holders of Interests in a sentence

  • It is understood that Trustees and officers of the Trust and Holders of Interests in the Trust are or may be or become interested in the Adviser as trustees, officers, employees, shareholders or otherwise and that trustees, officers, employees and shareholders of the Adviser are or may be or become similarly interested in the Trust, and that the Adviser may be or become interested in the Trust as a Holder or otherwise.

  • It is understood that Trustees and officers of the Trust and Holders of Interests in the Trust are or may be or become interested in the Adviser as trustees, shareholders or otherwise and that trustees, officers and shareholders of the Adviser are or may be or become similarly interested in the Trust, and that the Adviser may be or become interested in the Trust as Holder or otherwise.

  • Subject to compliance with the requirements of the 1940 Act, the Trustees shall have the authority to provide that Holders of Interests of any series shall have the right to convert said Interests into one or more other series in accordance with such requirements and procedures as may be established by the Trustees.

  • The Trustees shall also have the authority to provide that Holders of Interests of any class of a particular series shall have the right to convert said Interests into one or more other classes of that particular series or any other series in accordance with such requirements and procedures as may be established by the Trustees.

  • Holders of Interests in Class C10 are conclusively deemed to have rejected the Plan pursuant to section 1126(g) of the Bankruptcy Code.

  • Holders of Interests in Class 9 are deemed to have rejected the Plan pursuant to section 1126(g) of the Bankruptcy Code and, therefore, are not entitled to vote to accept or reject the Plan.

  • A Holder of Interests in a particular series or a particular class of the Trust shall not be entitled to participate in a derivative or class action lawsuit on behalf of any other series or any other class or on behalf of the Holders of Interests in any other series or any other class of the Trust.

  • Holders of Interests in Class B10 are conclusively deemed to have rejected the Plan pursuant to section 1126(g) of the Bankruptcy Code.

  • All dividends and distributions on Interests in a particular series or class thereof shall be distributed pro rata to the Holders of Interests in that series or class in proportion to the total outstanding Interests in that series or class held by such Holders at the date and time of record established for the payment of such dividends or distribution, except to the extent otherwise required or permitted by the preferences and special or relative rights and privileges of any series or class.

  • No Trustee, officer, employee or agent of the Trust shall be liable to the Trust, Holders of Interests therein, or to any Trustee, officer, employee, or agent thereof for any action or failure to act (including, without limitation, the failure to compel in any way any former or acting Trustee to redress any breach of trust) except for his or her own bad faith, willful misfeasance, gross negligence or reckless disregard of his or her duties.

Related to Holders of Interests

  • 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.

  • Holders means the holder or holders, as the case may be, from time to time of Registrable Securities.

  • Series A Junior Securities means any class or series of Partnership Interests that, with respect to distributions on such Partnership Interests and distributions upon liquidation of the Partnership, ranks junior to the Series A Preferred Units, including Common Units and Non-Voting Common Units, but excluding any Series A Parity Securities and Series A Senior Securities.

  • Class E Noteholders means the holders of any Class E Notes from time to time.

  • Senior Securities means senior securities (as such term is defined and determined pursuant to the Investment Company Act and any orders of the SEC issued to the Borrower thereunder).

  • Noteholder Claims means all Obligations in respect of the Notes or arising under the Noteholder Documents or any of them, including all fees and expenses of the Trustee thereunder.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • Class E Notes has the meaning assigned to such term in the Indenture.

  • Subordinated Certificates As specified in the Preliminary Statement.

  • Senior Noteholders means the Note A Holders, individually or collectively, as the context may require.

  • Pari Passu Securities means any class or series of capital stock of the Company hereafter created specifically ranking, by its terms, on parity with the Designated Preferred Stock as to distribution of assets upon liquidation, dissolution or winding up of the Company, whether voluntary or involuntary.

  • Subordinated Securities means Securities that by the terms established pursuant to Section 2.02(i) are subordinated in right of payment to Senior Debt of the Company.

  • Subordinated Class means, with respect to the Class A Notes, the Class B Notes.

  • Subordinate Notes means the B Notes and the C Notes, individually or collectively, as the context may require.

  • Second Lien Noteholders means the registered holders, from time to time, of the Second Lien Notes, as determined in accordance with the relevant Second Lien Notes Indenture.

  • Initial Noteholders shall have the meaning assigned to such term in the recitals.

  • Subordinated Units has the meaning assigned to such term in the Partnership Agreement.

  • Parity Preferred Units shall have the meaning provided in Section 4.

  • Percentage Interests shall have the meaning specified in the Trust Agreement.

  • Senior Interests means, collectively, (i) the Aggregate Interest, (ii) the Aggregate Capital, (iii) the fees referred to in Section 2.03 of the Receivables Financing Agreement, (iv) all amounts payable pursuant to Sections 5.01, 5.02, 5.03, 13.01, 13.02 or 14.04 of the Receivables Financing Agreement and (v) all other obligations of the Borrower and the Servicer that are due and payable, to (a) the Lenders, the Administrative Agent and their respective successors, permitted transferees and assigns arising in connection with the Transaction Documents and (b) any Borrower Indemnified Party, Servicer Indemnified Party or Affected Person arising in connection with the Receivables Financing Agreement or any other Transaction Document, in each case, howsoever created, arising or evidenced, whether direct or indirect, absolute or contingent, now or hereafter existing, or due or to become due, together with any and all interest accruing on any such amount after the commencement of any Bankruptcy Proceedings, notwithstanding any provision or rule of law that might restrict the rights of any Senior Interest Holder, as against the Borrower or anyone else, to collect such interest.

  • Junior Subordinated Notes means the $__________ aggregate principal amount of the Depositor's Series __ ____% Junior Subordinated Notes due ____ __, ____, issued pursuant to the Subordinated Indenture.

  • Holders of Secured Obligations means the holders of the Obligations from time to time and shall include (i) each Lender and each Issuing Bank in respect of its Loans and LC Exposure, (ii) the Administrative Agent and the Lenders in respect of all other present and future obligations and liabilities of the Borrower and each Subsidiary of every type and description arising under or in connection with the Credit Agreement or any other Credit Document, (iii) each Lender and each Affiliate of such Lender, in each case in respect of Hedging Agreements and Banking Services Agreements entered into with such Person by the Borrower or any Subsidiary, (iv) each indemnified party under Section 9.03 in respect of the obligations and liabilities of the Borrower to such Person hereunder and under the other Credit Documents, and (v) their respective successors and (in the case of a Lender, permitted) transferees and assigns.

  • Senior Class Debt Representative has the meaning assigned to such term in Section 8.09.

  • Senior Secured Notes means the $1,875 million aggregate principal amount of 7.375% Senior Secured Notes due 2023 of the Borrower including, as the same may be amended, supplemented, waived or otherwise modified from time to time, including any senior secured exchange notes issued in lieu thereof.

  • Consenting Noteholders has the meaning set forth in the preamble to this Agreement.

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