Profit Interests definition

Profit Interests means the Class C-1 units in the capital of High Street outstanding from time to time.
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Profit Interests means the Class C-1 units in the capital of High Street ‎outstanding from time to time.
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Profit Interests. Profit Interests" when used in this Company Agreement shall mean the interest of the Members in the profits of the Company as indicated on the books and records of the Company. A particular Member's interests in the profits of the Company shall be determined by computing his percentage of profits to the total of all Members' profits as of the date of such determination without regard to any special allocation provided for in Section 8.2
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Examples of Profit Interests in a sentence

  • Nonrecourse Deductions for any Fiscal Year shall be specially allocated among the Members in proportion to their respective Profit Interests.

  • The Partnership is not providing the Participant with any tax advice with respect to the Profit Interests Units.

  • Your HoldCo Interests (as per Section 2(b)) are 0.4756 and your Profit Interests (as per Section 2(d)) are 0.4756.

  • There are no outstanding contractual or other obligations of the Company or any Subsidiary to repurchase, redeem or otherwise acquire any of its securities or with respect to the voting or disposition of any outstanding securities of any of its Subsidiaries, other than with respect to the Class B Non-Voting Common Shares, the Common Membership Units and the Profit Interests.

  • Your HoldCo Interests (as per Section 2(b)) are 0.2500 and your Profit Interests (as per Section 2(d)) are 0.2500.

  • The Partnership is not providing the Participant with any tax advice with respect to the Profit Interests Unit.

  • A person receiving Membership Profit Interests or Options shall be admitted as a Member and become bound by this Agreement on the date on which the Company receives an executed agreement from such person, in form acceptable to the Company, containing such terms and conditions as are determined by the Managers.

  • The Option Premium payable to the High Street Holders and USCo2 Class B Holders shall be ‎treated as payment for the right to acquire the Common Membership Units and the Profit Interests of the High Street Holders and the USCo2 Class B Shares of the USCo2 Class B Holders pursuant to Exhibit 1.

  • In the event that the Board of Directors Approves any such additional capital contribution (a “Subsequent Capital Contribution”), the amounts to be contributed shall be payable by the Members in proportion to their respective Profit Interests.

  • In such event, the Members shall have the opportunity (but not the obligation) to participate in such Capital Contributions or loans on a pro rata basis in accordance with their Profit Interests.


More Definitions of Profit Interests

Profit Interests means the membership interests in the Company and other rights issued pursuant to the Profit Interest Agreements, and any other profits interests, unit awards, options or other similar equity interests (whether voting or non-voting) in the Company.
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