REMIC I Interests The REMIC I Regular Interests and the Class R-I Certificates.
Class R-5 Interest The uncertificated Residual Interest in REMIC 5.
Preferred Interests means, with respect to any Person, Equity Interests issued by such Person that are entitled to a preference or priority over any other Equity Interests issued by such Person upon any distribution of such Person’s property and assets, whether by dividend or upon liquidation.
Transferred Interests has the meaning set forth in the Recitals.
Class B Interests As set forth in the Trust Agreement.
Ownership Interests means, with respect to any Person, all of the shares of Capital Stock of such Person and all debt securities of such Person that can be converted or exchanged for Capital Stock of such Person, whether voting or nonvoting, and whether or not such Capital Stock or debt securities are outstanding on any date of determination.
REMIC II Interests means, collectively, the REMIC II Regular Interests and the Class R-II Certificates.
Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].
Class A Interests means the Units purchased by the Class A Members. The Class A Interests shall comprise sixty-five percent (65%) of the total Interests sold. Class A Percentage Interest shall be determined by calculating the ratio between each Class A Member’s Capital Account in relation to the total capitalization of the Company provided by the Class A Members.
Purchased Interests has the meaning set forth in the Recitals.
Residual Interests As specified in the Preliminary Statement.
Class R-4 Interest The uncertificated Residual Interest in REMIC 4.
Class R Residual Interests The Class R-1 and Class R-2 Residual Interests (which shall be transferable only as a unit evidenced by the Class R Certificates, in accordance with the applicable provisions of Section 5.01).
Class P Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class P Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.
Derivative Partnership Interests means any options, rights, warrants, appreciation rights, tracking, profit and phantom interests and other derivative securities relating to, convertible into or exchangeable for Partnership Interests.
Class R-3 Interest The uncertificated Residual Interest in REMIC 3.
Related interests means the interests of a coastal State directly affected or threatened by a wreck, such as:
Contributed Interests has the meaning set forth in the recitals.
Class R-1 Interest The uncertificated Residual Interest in REMIC 1.
Class A LP Units means the Class A limited partnership units of the Partnership.
Class R-I Interest The uncertificated Residual Interest in REMIC I.
Membership Interests has the meaning set forth in the recitals.
Other Interests means the legal or equitable estates or interests and other rights in relation to the determination area described in Schedule Five and referred to in paragraph 14;
Pledged Partnership Interests means all interests in any general partnership, limited partnership, limited liability partnership or other partnership including, without limitation, all partnership interests listed on Schedule 4.4(A) under the heading “Pledged Partnership Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such partnership interests and any interest of such Grantor on the books and records of such partnership or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such partnership interests.