Undisclosed Interest definition

Undisclosed Interest means a third party interest affecting the System Land to the extent that such interest is not governed by the provisions of the Light Rail Orders and does not arise by virtue of any default of the Operator in the performance of its obligations under the Contract.
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Examples of Undisclosed Interest in a sentence

  • As such, if after the execution of this Agreement it is discovered that the Equity Holder is directly or indirectly the owner of any additional membership, equity or ownership interests not reflected next to the Equity Holder’s name on Schedule A (an “Undisclosed Interest”), the Equity Holder hereby agrees to contribute, assign, transfer, convey and deliver to Newco all of the Equity Holder’s right, title and interest in and to such Undisclosed Interest.

  • As such, if after the execution of this Agreement it is discovered that Company Shareholder is directly or indirectly the owner of any additional membership, equity or ownership interests not reflected herein (an “Undisclosed Interest”), Company Shareholder hereby agrees to contribute, assign, transfer, convey and deliver to Merger Sub all of Company Shareholder’s right, title and interest in and to such Undisclosed Interest.

  • As such, if after the execution of this Agreement it is discovered that the Equity Holder is directly or indirectly the owner of any additional membership, equity or ownership interests not reflected next to such Equity Holder’s name on Schedule A (an “Undisclosed Interest”), such Equity Holder hereby agrees to contribute, assign, Transfer, convey and deliver to Newco all of such Equity Holder’s right, title and interest in and to such Undisclosed Interest.

  • As such, if after the execution of this Agreement it is discovered that such Company Shareholder is directly or indirectly the owner of any additional membership, equity or ownership interests not reflected herein (an “Undisclosed Interest”), such Company Shareholder hereby agrees to contribute, assign, transfer, convey and deliver to New PubCo all of such Company Shareholder’s right, title and interest in and to such Undisclosed Interest.