Interest definition

Interest when used with respect to an Original Issue Discount Security which by its terms bears interest only after Maturity, means interest payable after Maturity.

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Interest means the ownership or control of more than 10% of the profits or assets of a business entity or 10% of the stock in the case of a business entity that is a corporation for profit, as appropriate.

Interest means the entire interest of a Member in the Company, including the Units and all of such Member’s rights, powers and privileges under this Agreement and the Act.

Examples of Interest in a sentence

The Awarded Interest is intended to represent a “profits interests” as that term is used in Revenue Procedure 93-27, as clarified by Revenue Procedure 2001-43.
Interest hereunder shall be due and payable in accordance with the terms hereof before and after judgment, and before and after the commencement of any proceeding under any Debtor Relief Law.
Grantee shall have all the rights of a Member with respect to the entire Awarded Interest upon execution of the Joinder Agreement whereby the Grantee agrees to be bound by the Company’s Operating Agreement.
The Awarded Interest will vest according to the terms of Paragraph 1.
Grantee hereby agrees to take whatever additional action and execute whatever additional documents the Company may in its judgment deem necessary or advisable in order to carry out or effect one or more of the obligations or restrictions imposed on either Grantee or the Awarded Interest pursuant to the express provisions of this Agreement.

More Definitions of Interest

Interest means the interest on the Bonds calculated in accordance with Clauses 8(a) to 8(c).

Interest means, with respect to the Notes, interest on the Notes.

Interest means, when used with reference to the Notes, any interest payable under the terms of the Notes.

Interest means, with respect to an Original Issue Discount Security that by its terms bears interest only after Maturity, interest payable after Maturity.

Interest means, when used with respect to non-interest bearing Securities, interest payable after maturity.

Interest means organizational or financial interest.

Interest means the entire ownership interest of a Partner in the Partnership at any particular time, including the right of such Partner to any and all benefits to which a Partner may be entitled hereunder and the obligation of such Partner to comply with the terms of this Agreement.