Exchangeable Interests definition

Exchangeable Interests is defined in the recitals.
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Exchangeable Interests means the partnership interests in each MFC Hospital (other than UMASH) that are exchangeable for Common Shares by the respective Existing Partners, through their ownership interest in the related Holding Entity and Subco or ASH Holdco, as applicable, to the extent that such interests have not yet been exchanged.
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Exchangeable Interests shall have the meaning set forth in the Recitals.
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Examples of Exchangeable Interests in a sentence

  • In August 2008, the CICA issued Emerging Issues Committee (“EIC”) EIC-171, Future Income Tax Consequences of Exchangeable Interests in an Income Trust or Specified Investment Flow-Through, which concludes that temporary differences associated with assets and liabilities attributable to exchangeable interests should not be recorded prior to the conversion of the exchangeable interests.

  • In August 2008, the CICA issued Emerging Issues Committee Abstract No. 171, “Future Income Tax Consequences of Exchangeable Interests in an Income Trust or Specified Investment Flow-Through” (EIC-171).

  • Further, the Subco or Holdco will not transfer its partnership interests in the applicable MFC Partnership or, in respect of the MFC Hospital Subcos, transfer Common Shares it receives upon exchange of the Exchangeable Interests, and no membership interests in the Subco or Holdco may be transferred, if such transfer might lead to a violation of the Stark Law.

  • Future income taxes Emerging Issues Committee Abstract 171, Future Income Tax Consequences of Exchangeable Interests in an Income Trust or Specified Investment Flow-Through (“EIC-171”), requires retrospective application to the period ended June 30, 2007, the period during which income tax proposals pertaining to the taxation of the Fund became substantively enacted.

  • In addition, the Exchangeable Interests are subject to accelerated exchange rights at other times and in other amounts.

  • The terms panel and cohort can be used interchangeably.3.2. RandomisationFor this double blind, placebo-controlled, ascending dose trial of single dose infusions of Ir- CPI/Placebo, the participants will be randomised taking into account the specific requirements for the sentinel groups.

  • Transfers of Exchangeable Interests The Master Separation Agreement generally prohibits transfers of the Lazard Group Common Interest issued to LAZ-MD and the Exchangeable Interests except pursuant to full or partial exchanges of such interests, for estate planning purposes, for repurchases by Lazard Group and, in the case of Exchangeable Interests, for transfers to other holders of Exchangeable Interests.

  • The Family TrustAs previously reported, as a result of the Recapitalization, the Family Trust held 7,978,859 Exchangeable Interests.

  • Each of HoldCo and PubliCo shall have the right to require the exchange of all or part of the Executive’s Exchangeable Interests for PubliCo Shares during the period beginning on the ninth anniversary of the IPO Date and ending 30 days after such anniversary.

  • LAZ-MD Holdings Stockholders' Agreement Each of LAZ-MD and Lazard have entered into the Stockholders' Agreement that addresses, among other things, LAZ-MD's voting of its share of Class B Common Stock and registration rights in favor of the holders of the Exchangeable Interests who become party to the Stockholders' Agreement (including the Reporting Persons) (each such holder to be deemed a covered person for the purposes of the Stockholders' Agreement).

Related to Exchangeable Interests

  • Exchangeable Securities means any securities of any trust, limited partnership or corporation other than the Trust that are convertible or exchangeable directly for Units without the payment of additional consideration therefore;

  • Exchangeable Stock means any Capital Stock of a corporation that is exchangeable or convertible into another security (other than Capital Stock of such corporation that is neither Exchangeable Stock or Redeemable Stock).

  • Redeemable Interests means any Partnership Interests for which a redemption notice has been given, and has not been withdrawn, pursuant to Section 4.10.

  • Exchangeable Notes means the Class M-2A and Class M-2B Notes of the Xxxxxxx Mac STACR® Debt Notes, Series 2018-DNA1, which may be transferred only on the book-entry system operated by DTC or its successor, or under certain limited circumstances, in registered, certificated form, as provided in the Global Agency Agreement.

  • Exchangeable Shares means the exchangeable shares in the capital of the Company, having the rights, privileges, restrictions and conditions set forth herein;

  • Exchangeable Certificates As specified in the Preliminary Statement.

  • 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.

  • Capital Interests means any and all shares, interests, participations, rights or other equivalents (however designated) of capital stock, including, without limitation, with respect to partnerships, partnership interests (whether general or limited) and any other interest or participation that confers on a person the right to receive a share of the profits and losses of, or distributions of assets of, such partnership.

  • 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.

  • exchangeable security means a security of an issuer that is exchangeable for, or carries the right of the holder to acquire, or of the issuer to cause the acquisition of, a security of another issuer;

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

  • 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.

  • Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].

  • Common Interests of any Person means Capital Interests in such Person that do not rank prior, as to the payment of dividends or as to the distribution of assets upon any voluntary or involuntary liquidation, dissolution or winding up of such Person, to Capital Interests of any other class in such Person.

  • Exchangeable Share Provisions means the rights, privileges, restrictions and conditions attaching to the Exchangeable Shares, which rights, privileges, restrictions and conditions shall be in substantially the form set out in Appendix I hereto.

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

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

  • Class B Warrants means the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

  • Eligible interests means interests or memberships.

  • Class B Preferred Stock means the Class B Preferred Stock of the Company, par value $0.0001 per share.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Book-Entry Preferred Securities Certificates means a beneficial interest in the Preferred Securities Certificates, ownership and transfers of which shall be made through book entries by a Clearing Agency as described in Section 5.11.

  • Exchangeable Share Consideration has the meaning provided in the Exchangeable Share Provisions;

  • Preferred Units means the Series A Preferred Units and the Series B Preferred Units.

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.