Unvested Interests definition

Unvested Interests means those Interests that have not vested in accordance with their terms.
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Unvested Interests means, with respect to Executive’s Interests granted hereunder, the number of such Interests that are not “Vested Interests”.
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Unvested Interests means Subject Interests owned by Executive that are subject to any vesting, forfeiture or similar arrangement under this Agreement or the Partnership Agreement.
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Examples of Unvested Interests in a sentence

  • Notwithstanding any other provisions of this Agreement to the contrary, in the event of a Change of Control, all Unvested Interests shall become Vested Interests.

  • Upon vesting in accordance with this Agreement, Unvested Interests shall automatically convert to Vested Interests for purposes of the LP Agreement and the Investors Agreement.

  • Any Interests that remain Unvested Interests after giving effect to the above provisions of this Section 3(f) shall terminate immediately effective as of the termination of the Participant’s Employment.

  • If the Participant’s Employment is terminated for any reason, any Unvested Interests shall (after giving effect to the provisions of Section 2(b) and this Section 3) terminate upon such termination of Employment.

  • The Participant’s rights hereunder and with respect to Vested Interests and Unvested Interests are subject to the restrictions and other provisions contained in the Investors Agreement and the LP Agreement.

  • The Award (including any Vested Interests and Unvested Interests) shall terminate upon the Participant’s termination of Employment for Cause.

  • Any Interests that remain Unvested Interests after giving effect to the above provisions of this Section 3(d) shall terminate immediately effective as of the termination of the Participant’s Employment.

  • Any Interests that remain Unvested Interests after giving effect to the above provisions of this Section 3(c) shall terminate immediately effective as of the termination of the Participant’s Employment.

  • Upon a termination of a Management Limited Partner’s Services to the Partnership and its Subsidiaries for any reason (including death or Disability), the purchase price for the Management Interests which are Unvested Interests, to the extent the forfeiture provisions set forth in Section 12.1(b) do not apply or are not enforceable, will be $1 in the aggregate (or the lowest price permitted by applicable Law).

  • Upon the Participant’s termination of Employment on account of a termination initiated by the Participant other than due to Disability or Good Reason, then any Interests that remain Unvested Interests shall terminate immediately effective as of the termination of the Participant’s Employment.


More Definitions of Unvested Interests

Unvested Interests shall have the meaning assigned to such term in the Investors Agreement.
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Unvested Interests means, with respect to Executive’s Time Vesting Incentive Profits Interests and Performance Vesting Incentive Profits Interests as of any determination date, the number of such Interests that are still subject to any vesting, forfeiture or similar arrangement under this Agreement as of such determination date.
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Unvested Interests has the meaning stated in the Executive Purchase Agreement.
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Related to Unvested Interests

  • Vested Interest means a Participant’s nonforfeitable interest in his or her Account, determined in accordance with Article V.

  • Transferred Interests has the meaning set forth in the Recitals.

  • Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Unvested Units means those Units listed as unvested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

  • Purchased Interests has the meaning set forth in the Recitals.

  • 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.

  • 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 Interest means, at any time of determination, an undivided percentage ownership interest in (i) each and every then outstanding Receivable, (ii) all Related Security with respect to each such Receivable, (iii) all Collections with respect thereto, and (iv) other Proceeds of the foregoing, which undivided ownership interest shall be equal to the Aggregate Percentage Factor at such time, and only at such time (without regard to prior calculations). The Transferred Interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, shall at all times be equal to the Transferred Interest in each other Receivable, together with Related Security, Collections and Proceeds with respect thereto. To the extent that the Transferred Interest shall decrease as a result of a recalculation of the Aggregate Percentage Factor, the Administrative Agent on behalf of the applicable Class Investors shall be considered to have reconveyed to the Transferor an undivided percentage ownership interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, in an amount equal to such decrease such that in each case the Transferred Interest in each Receivable shall be equal to the Transferred Interest in each other Receivable.

  • Class B Interests As set forth in the Trust Agreement.

  • Membership Interests has the meaning set forth in the recitals.

  • REMIC I Interests The REMIC I Regular Interests and the Class R-I Certificates.

  • Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Class B Units means the Class B Units of the Company.

  • Purchased Interest means, at any time, the undivided percentage ownership interest in: (a) each and every Pool Receivable now existing or hereafter arising, (b) all Related Security with respect to such Pool Receivables and (c) all Collections with respect to, and other proceeds of, such Pool Receivables and Related Security. Such undivided percentage interest shall be computed as:

  • Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Redeemed Units has the meaning set forth in Section 11.01(a).

  • Offered Interests has the meaning set forth in Section 8.5(a).

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • 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.

  • Eligible interests means interests or memberships.

  • Class A Shares means Class A ordinary shares, par value US$0.0001 per share, in the share capital of the Company.

  • Class B Shares means the Class B ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class B Shares, and having the rights provided for in these Articles.

  • Lower Tier REMIC Interests Each of the Class LTA-1 Interest, the Class LTA-2A Interest, the Class LTA-2B Interest, the Class LTA-2C Interest, the Class LTA-2D Interest, the Class LTM-1 Interest, the Class LTM-2 Interest, the Class LTM-3 Interest, the Class LTM-4 Interest, the Class LTM-5 Interest, the Class LTM-6 Interest, the Class LTB-1 Interest, the Class LTB-2 Interest, the Class LTB-3 Interest, the Class LTIX Interest, the Class LTIIX Interest, the Class LTII1A Interest, the Class LTII1B Interest, the Class LTII2A Interest, the Class LTII2B Interest, the Class LT-IO Interest and the Class LTR Interest.