New Interests definition

New Interests has the meaning set forth in Section 8.7.C hereof.

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New Interests has the meaning set forth in Section 3.05.

New Interests has the meaning set forth in Section 3.4. “New Securities” has the meaning set forth in Section 9.1(b).

Examples of New Interests in a sentence

• In the event that the Partnership issues New Interests to Crescent Equities pursuant to Section 8.7.C, the General Partner shall make such revisions to Sections 6.1.A and B above as it determines are necessary to reflect the issuance of such New Interests.

• The compensation, if any, provided to the Owner pursuant to either subparagraph (i) or subparagraph (ii) above shall constitute complete compensation to the Owner for the relinquished Existing Interest and any New Interest, and no further compensation shall be due to the Owner from the Developer or TxDOT on account of such Existing Interest or New Interest(s).

• The Board by Supermajority Board Vote is hereby authorized, subject to Section 15.9, to amend this Agreement to reflect such issuance and to fix the relative privileges, preference, duties, liabilities, obligations and rights of any such New Interests, including the number of such New Interests to be issued, the preference (with respect to Distributions, in liquidation or otherwise) over any other Units and any contributions required in connection therewith.

• The right of each Electing Member to purchase New Interests in excess of its Percentage Interest shall be based on the relative Percentage Interests of the Electing Members desiring to purchase Over-Allotment Amounts.

• If the Board of Managers, in its sole discretion, determines that the raising of additional capital through the issuance of New Interests is in the best interest of the Company, such offering shall be conducted in such manner as determined by the Board of Managers.

More Definitions of New Interests

New Interests means, collectively, the: (a) OpCo Common Stock; (b) OpCo Series A Preferred Stock; (c) PropCo LP Interests; (d) PropCo LP GP Interests; (e) PropCo GP Interests; (f) PropCo Preferred Equity; (g) REIT Common Stock; (h) REIT Preferred Stock; (i) membership interests, stock, partnership interests, or other equity interests in CPLV Sub; (j) membership interests, stock, partnership interests, or other equity interests in CPLV Mezz; and (k) membership interests, stock, partnership interests, or other equity interests in the TRS(s).

New Interests shall have the meaning set forth in Section 5.7(a).

New Interests means Additional Units and Derivative Instruments issued or to be issued by the Partnership after the Closing Date; provided, that the term “New Interests” shall not include Additional Units or Derivative Instruments (to the extent approved by the General Partner, as applicable) issued or to be issued (i) in connection with any merger, consolidation, acquisition or any similar transaction; (ii) in connection with any reorganization or recapitalization, in each case, in which such Additional Units or Derivative Instruments are issued for or in respect of previously outstanding Units and the Percentage Interests of holders of such Additional Units issued upon completion of the transaction is the same as the Percentage Interests of such holders of previously outstanding Units prior to the completion of the transaction; (iii) to the selling Persons in connection with the acquisition by the Partnership of a Person or other assets; provided, that such Units or other equity securities are issued as consideration for such acquisition (including issuances to management of such Person in connection with such acquisition); (iv) in any underwritten public offering registered under the Securities Act pursuant to an effective registration statement; (v) as compensation to employees, officers or consultants of the General Partner, the Partnership or any Subsidiary; or (vi) to any unaffiliated debt holders of the Partnership in connection with financing transactions in which the Units or other equity securities issued do not exceed five percent (5%) of the aggregate Units held by all Partners; provided, that any such transaction described in the foregoing clauses (i) through (vi) is approved in accordance with this Agreement.

New Interests means the equity interests in Reorganized Dream II.

New Interests means: (a) any Interest in the Company; (b) any rights, options, or warrants to purchase any Interest or to purchase any securities of any type whatsoever that are, or may become, convertible into or exercisable for any such Interests; and (c) any other securities of any type whatsoever that are, or may become, convertible into or exercisable for any such Interests.

New Interests means the common stock, limited liability company interests, or other equity interests or economic interest, as the case may be, in the Reorganization Trust.

New Interests means: (a) any Interest in the Company; (b) any rights, options or warrants to purchase any such Interests or to purchase any securities of any type whatsoever that are, or may become, convertible into or exercisable for any such Interests; (c) any securities of any type whatsoever that are, or may become, convertible into or exercisable for any such Interests; provided, however, that New Interests shall not include: (i) securities issued to lenders, investment banking firms or pursuant to the acquisition of another entity (other than an Affiliate of the Company) by the Company by merger, purchase of all or substantially all of such other entity’s assets (or the assets of any operating division of such entity, entities acquired by the Company or such entities’ equity owners), or by any other reorganization whereby the Company ends up owning, directly or indirectly, greater than fifty percent (50%) of the voting power of such entity; or (ii) securities issued as additional yield in connection with incurring indebtedness for borrowed money.