LLP Interest definition

LLP Interest means, in respect of any Chargor, all of its present and future right, title and interest (whether contractual, proprietary or of any other kind) as a member of or partner in:
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LLP Interest means a limited liability partnership interest in Casebia. “Loss” means any claim, action, proceeding, loss, damage (excluding punitive damages except in the case of a third-party claim), cost, interest, award, judgment, penalty, Tax, and expense, including reasonable attorneys’ and consultants’ fees and expenses and including any such reasonable out-of-pocket expenses incurred in connection with investigating, defending against or settling any of the foregoing, in each case, whether arising from a third-party or a direct claim.
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Examples of LLP Interest in a sentence

  • This deed is supplemental to the LLP Interest Purchase Agreement made between (1) HSBC and (2) GPUK dated 17 June 2008 (Principal Agreement).

  • Bayer owns of record and beneficially all of the Bayer LLP Interest, and has good and valid title to the Bayer LLP Interest, free and clear of all Liens and, at Closing, will deliver to Casebia good and valid title to the Bayer LLP Interest, free and clear of all Liens.

  • Governing Law: New York Counsel to the Exit ABL Agent and the Exit Lead Arranger: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇ LLP Interest Rate Options: The interest rate applicable to the Exit Revolving Loans will be (a) for Eurodollar Loans, 1-month, 2-month, 3-month or 6-month (and, with the consent of all Exit ABL Lenders, 12 months) LIBOR, LIBOR floor of 1.00% and (b) for ABR Loans, the Alternate Base Rate, Alternate Base Rate Floor of 2.00%, plus, in each case, the applicable amount in the grid below.

  • Counsel to Term Administrative Agent and Lead Arrangers: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇ LLP Interest Rates: The interest rates under the Term Facility will be as follows: At the option of the Borrower, Adjusted LIBOR plus the Applicable Margin or ABR plus the Applicable Margin.

  • Counsel to the Administrative Agent: Shearman & Sterling LLP Interest Rates: At the option of the Borrower, Adjusted LIBOR plus the Applicable Margin or U.S. ABR plus the Applicable Margin.

  • For all U.S. federal, and applicable state, income Tax purposes, Bayer, CRISPR and Casebia will treat (i) Casebia’s purchase of the Bayer LLP Interest as a distribution by Casebia to Bayer pursuant to Code Section 731 following which Bayer has no continuing partnership interest in Casebia and (ii) a termination of Casebia pursuant to Code Section 708(b)(1), and, in each case, will not take any Tax position to the contrary on any Tax Return, in any proceeding or audit, or otherwise.

  • Counsel to Agent and Arrangers: ▇▇▇▇▇ ▇▇▇▇ & ▇▇▇▇▇▇▇▇ LLP Interest Rates: Subject to “Changes in Interest Rate Margins and Commitment Fees” below, the interest rates under the Revolving Facility will be, at the option of the Borrower, Adjusted LIBOR plus the Revolving Facility LIBOR Spread (as defined in the Fee Letter) or ABR plus the Revolving Facility ABR Spread (as defined in the Fee Letter).

  • Bayer and its Affiliates are not a party to any option, warrant, purchase right, or other Contract or commitment that could require Bayer or such Affiliate to sell, transfer, or otherwise dispose of any LLP Interest (other than this Agreement).