Outstanding Interests definition

Outstanding Interests means those Interests (as defined above) shown from time to time on the books of the Trust or its transfer agent as then outstanding, but shall not include Interests which have been withdrawn, repurchased, cancelled or terminated by the Trust.

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Outstanding Interests means all Interests that are issued by the Company and reflected as outstanding on the Company’s books and records as of the date of determination.

Outstanding Interests means Interests shown in the books and records of the Trust or its transfer agent as then issued and outstanding, but does not include any Interests that have been repurchased or redeemed by the Trust and are being held in the treasury of the Trust;

Examples of Outstanding Interests in a sentence

• The Board of Directors may impose such restrictions by amending this Agreement in accordance with Article XI; provided, however, that any amendment that would result in the delisting or suspension of trading of any class of Interests on the principal National Securities Exchange on which such class of Interests is then traded must be approved, prior to such amendment being effected, by the holders of at least a majority of the Outstanding Interests of such class.

• If any such Member owns more than 10% of the Outstanding Interests and is deemed to be an Affiliate, notwithstanding the limit on voting, such person will be identified in the beneficial ownership table in the Company’s Annual Report on Form 1-K and in other applicable filings.

• The determination of Affiliate status for such purposes shall be made by the Managing Member in its sole and absolute discretion, and the Company or its transfer agent may require any Member that owns more than 10% of the Outstanding Interests to provide a legal opinion and/or other information it deems necessary or appropriate to determine such person’s Affiliate status.

• No business shall be transacted at any meeting of the Members unless a quorum of Members is present at the time when the meeting proceeds to business; in respect of meetings of the Company, Members holding fifty (50%) of Outstanding Interests, and in respect of meetings of any Series, Members holding fifty (50%) of Outstanding Interests in such Series, present in person or by proxy shall be a quorum.

• Any Member that beneficially owns 10% or more of the Outstanding Interests (excluding Interests beneficially owned by the Managing Member) may provide the Company with a Vote Limit Certificate in the form of Exhibit A that, from the effective date set forth in such notice (or if no such effective date is indicated, the date such notice is received by the Company), such Member shall be subject to a Vote Limit.

More Definitions of Outstanding Interests

Outstanding Interests means Interests shown in the books and records of the Company or its fund accountant as then issued and outstanding, but does not include any Interests that have been repurchased or redeemed by the Company and are being held in the treasury of the Company.

Outstanding Interests shall have the meaning set forth in Section 3.4.

Outstanding Interests means, collectively, without duplication, the outstanding Common Stock. For purposes of this definition, Class A-1 Common Stock and Class A-2 Comon Stock shall be treated as having a one-for-one equivalence.

Outstanding Interests means, collectively, without duplication, the outstanding (i) shares of Common Stock, (ii) OP Units held by Persons other than the Company, and (iii) OPEU Units held by Persons other than the OP, in each case with the following modifications:

Outstanding Interests means Interests shown on the books and records of the Trust or its transfer agent as then issued and outstanding, but does not include any Interests that have been repurchased or redeemed by the Trust and are being held in the treasury of the Trust;

Outstanding Interests means Interests shown in the books and records of the Trust or its transfer agent as then issued and outstanding, but does not include any Interests that have been repurchased or redeemed by the Trust and are being held in the treasury of the Trust; (r) "Percentage Interest" shall mean, with respect to any Interestholder, as of any day, the ratio (expressed as a percentage) of such Interestholder's Book Capital Account, as of close of business on the preceding day to the aggregate Book Capital Accounts of all Interestholders as of the close of business on such preceding day, such Book Capital Accounts to be determined after giving effect to all contributions, distributions, and allocations through such preceding day. (s) "Trust" means Wells Fargo Master Trust, ▇▇▇ated hereby; (t) "Trustee" means a person serving as a Trustee in accordance with Article II, in his capacity as such, and "Trustees," when used collectively, means the Trustees acting collectively as the Board; (u) "Trust Property" means any and all property, real or personal, tangible or intangible, which is owned or held by or for the Trust or any Series or by the Trustees on behalf of the Trust or any Series.

Outstanding Interests means any equity interests of any Person in the following hotel properties to the extent not already contributed to the Company by the Members as of the date hereof: the Royalton Hotel, the Morgans Hotel, the Delano Hotel in Miami Beach, and the ▇▇▇▇▇ Hotel in San Francisco.