Economic Interest. “Economic Interest” means a Person’s right to share in the Profits and Losses of, and the right to receive distributions and allocations from, the Company.
Appears in 4 contracts
Samples: Limited Liability Company Agreement, Operating Agreement (Rex Energy Corp), Operating Agreement (Rex Energy Corp)
Economic Interest. “Economic Interest” means a Personperson’s right to share in the Profits and Losses income, gains, losses, deductions, credits, or similar items of, and the right to receive distributions and allocations from, the Company, but does not include any other rights of a Member including, without limitation, the right to participate in management, or any right to information concerning the business and affairs of the Company.
Appears in 1 contract
Samples: Operating Agreement
Economic Interest. “Economic Interest” means " shall mean a Person’s 's right to share in the Profits and Losses of, and the right to receive distributions and allocations from, the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Baseline Oil & Gas Corp.)