Interest Designation definition

Interest Designation has the meaning ascribed in Section 3.3(f).
Interest Designation has the meaning ascribed in Section 3.3(f). Investment Advisers Act means the Investment Advisers Act of 1940.
Interest Designation. No Member holding Series BDBR Interests shall be entitled to any preemptive, preferential or similar rights connection with the issuance of Series BDBR Interests.

Examples of Interest Designation in a sentence

  • Subject to Section7.3 and ARTICLE XI and any Interest Designation, any amounts available for distribution following the liquidation of a Series, net of any fees, costs and liabilities (as determined by the Managing Member in its sole discretion), shall be applied and distributed 100% to the Members (pro rata to their Interests and which, for the avoidance of doubt, may include the Managing Member and its Affiliates).

  • Site of Special Scientific Interest Designation Scottish Natural Heritage should be consulted regarding any work to trees within the area of an SSSI.

  • Dr. VandeWiele is asking that the Board adopt the Resolution for Interest Designation.

  • No Interests shall entitle any Member to any preemptive, preferential or similar rights unless such preemptive, preferential or similar rights are set forth in the applicable Series Designation on or prior to the date of the Initial Offering of any interests of such Series (the designation of such preemptive, preferential or similar rights with respect to a Series in the Series Designation, the Interest Designation).

  • Subject to paragraph (c) of this Section and Section 3.4, and unless otherwise provided in any Interest Designation, the Company may make a pro rata distribution of Interests of a Series to all Record Holders of such Series, or may effect a subdivision or combination of Interests of any Series, in each case, on an equal per Interest basis and so long as, after any such event, any amounts calculated on a per Interest basis or stated as a number of Interests are proportionately adjusted.


More Definitions of Interest Designation

Interest Designation has the meaning assigned to such term in Section 5.3(b).
Interest Designation is defined in ‎Section 2.04(a).
Interest Designation. No Member holding Series #SWEET Interests shall be entitled to any preemptive, preferential or similar rights connection with the issuance of Series #SWEET Interests. Voting: Subject to Section 3.5, the Series #SWEET Interests shall entitle the Record Holders thereof to one vote per Interest on any and all matters submitted to the consent or approval of Members generally. No separate vote or consent of the Record Holders of Series #SWEET Interests shall be required for the approval of any matter, except as required by the Delaware Act or except as provided elsewhere in the Agreement. The affirmative vote of the holders of not less than a majority of the Series #SWEET Interests then outstanding shall be required for: (a) any amendment to the Agreement (including this Series Designation) that would adversely change the rights of the Series #SWEET Interests; (b) mergers, consolidations or conversions of Series Fintor or the Company; and (c) all such other matters as the Manager, in its sole discretion, determines shall require the approval of the holders of the Outstanding Series Fintor Interests voting as a separate class. Notwithstanding the foregoing, the separate approval of the holders of Series #SWEET Interests shall not be required for any of the other matters specified under Section 12.1.
Interest Designation. No Member holding Series #BEGIN Interests shall be entitled to any preemptive, preferential or similar rights connection with the issuance of Series #BEGIN Interests.
Interest Designation. No Member holding Series [Property Address] Interests shall be entitled to any preemptive, preferential or similar rights connection with the issuance of Series [Property Address] Interests. Voting Subject to Section 3.5, the Series [Property Address] Interests shall entitle the Record Holders thereof to one vote per Interest on any and all matters submitted to the consent or approval of Members generally. No separate vote or consent of the Record Holders of Series [Property Address] Interests shall be required for the approval of any matter, except as required by the Delaware Act or except as provided elsewhere in the Agreement. The affirmative vote of the holders of not less than a majority of the Series [Property Address] Interests then Outstanding shall be required for: (a) any amendment to the Agreement (including this Series Designation) that would adversely change the rights of the Series [Property Address] Interests; (b) mergers, consolidations or conversions of Series [Property Address] or the Company; and (c) all such other matters as the Managing Member, in its sole discretion, determines shall require the approval of the holders of the Outstanding Series [Property Address] Interests voting as a separate class. Notwithstanding the foregoing, the separate approval of the holders of Series [Property Address] Interests shall not be required for any of the other matters specified under Section 12.1. Splits There shall be no subdivision of the Series [Property Address] Interests other than in accordance with Section 3.7. Other rights Holders of Series [Property Address] Interests shall have no conversion, exchange, sinking fund, redemption or appraisal rights, no preemptive rights to subscribe for any securities of the Company and no preferential rights to distributions of Series [Property Address] Interests. Officers There shall initially be no specific officers associated with Series [Property Address], although, the Managing Member may appoint Officers of Series [Property Address] from time to time, in its sole discretion. Aggregate Ownership Limit As stated in Section 1.1. Minimum Interests One (1) Interest per Member. Fiscal Year As stated in Section 8.2. Information Reporting As stated in Section 8.1(c). Termination As stated in Section 11.1(b). Liquidation As stated in Section 11.3. Amendments to this Exhibit As stated in Article XII. SERIES [Property Address], A SERIES OF CASA SHARES ASSETS, LLC By: Casa Shares, Inc., the Series Manager By: N...
Interest Designation. No Member holding Series #GRAVY Interests shall be entitled to any preemptive, preferential or similar rights connection with the issuance of Series #GRAVY Interests.
Interest Designation. No Member holding Series #IYKYK Interests shall be entitled to any preemptive, preferential or similar rights connection with the issuance of Series #IYKYK Interests.