Interest in the company means with respect to any fiscal year (or relevant portion thereof) and with respect to each Member (or former Member), the Capital Account (or, in the case of a Member with more than one series of Units (as defined below), the Capital Accounts) that such Member (or former Member) would have received (or in fact did receive) pursuant to the terms and provisions of Article VI upon withdrawal from the Company as of the end of such fiscal year (or relevant portion thereof). Notwithstanding any other provision of this Agreement to the contrary, in no event shall any Member (or former Member) be obligated to make any additional contribution or payment whatsoever to the Company, or have any liability for the repayment and discharge of the debts and obligations of the Company (apart from its interest in the Company), except that a Non-Managing Member (or former Non-Managing Member) shall, in the discretion of the Managing Member, be required, for purposes of meeting such Member's (or former Member's) obligations under this Section 1.03, to make additional contributions or payments, respectively, up to, but in no event in excess of, the aggregate amount of returns of capital and other amounts actually received by it from the Company during or after the fiscal year to which any debt or obligation is attributable.

Interest in the company means a member's economic rights in the company

Interest in the company means with respect to any fiscal year (or relevant portion thereof) and with respect to each Member (or former Member) for any given series of Units, the Capital Account (as defined in Section 4.03) that such Member (or former Member) would have received (or in fact did receive) pursuant to the terms and provisions of Article VI upon withdrawal from the Company as of the end of such fiscal year (or relevant portion thereof). Notwithstanding any other provision in this Agreement to the contrary, in no event shall any Member (or former Member) be obligated to make any additional contribution or payment whatsoever to the Company, or have any liability for the repayment and discharge of the debts and obligations of the Company (apart from its interest in the Company), except that a Non-Managing Member (or former Non-Managing Member) shall, in the discretion of the Managing Member, be required, for purposes of meeting such Member's obligations under this Section 1.03, to make additional contributions or payments, respectively, up to, but in no event in excess of, the aggregate amount of returns of capital and other amounts actually received by it from the Company during or after the fiscal year to which any debt or obligation is attributable.

Examples of Interest in the company in a sentence

An interest shall be material if it is Significant Interest with reference to the financial, or business interests of the person or to a Related Individual of that person having the interest, and a person has a material interest in any company if the person owns, directly or indirectly, a Significant Interest in the company, or is an Director or Senior Manager of the company and has a Significant Interest in any partnership if the person is a partner.
The company acknowledges that the NSW Authority may determine in its absolute discretion that a person who has an Interest in the company and who is a Close Associate of the NSW Casino Licensee is not a suitable person to be concerned in or associated with the operation or management of a NSW Casino.
If a Percentage Interest in the company is owned by non-Founders during the vesting schedule, [Founder 1 Name] will immediately receive 12/48ths of her percentage interest.
What he asks for instead are due process protections that go beyond those which Congress has provided him.
In order to prevent potential Conflict of Interest in the company including that of subsidiary companies and its affiliated companies in performing operational activities, related with transaction plan, the company should :1) Appoint independent parties to make an independent assessment on the transaction plan for which an approval is requested from the Company Shareholders during Extraordinary General Meeting of Shareholders (EGMS).

More Definitions of Interest in the company

Interest in the company means with respect to any fiscal year (or relevant portion thereof) and with respect to each Member (or former Member) for any given series of units of limited liability company interests in the Company ("Units"), the Capital Account that such Member (or former Member) would have received (or in fact did receive) pursuant to the terms and provisions of Article VI upon withdrawal from the Company as of the end of such fiscal year (or relevant portion thereof). Notwithstanding any other provision of this Agreement to the contrary, in no event shall any Member (or former Member) be obligated to make any additional contribution or payment whatsoever to the Company, or have any liability for the repayment and discharge of the debts and obligations of the Company (apart from its interest in the Company), except that a Non-Managing Member (or former Non-Managing Member) shall, in the discretion of the Managing Member, be required, for purposes of meeting such Member's (or former Member's) obligations under this Section 1.03, to make additional contributions or payments, respectively, up to, but in no event in excess of, the aggregate amount of returns of capital and other amounts actually received by it from the Company during or after the fiscal year to which any debt or obligation is attributable.

Interest in the company means a member's economic rights in the company 806 including the right to receive:

Interest in the company means the ownership interest of each Member in the Company as set forth in Schedule A, as Schedule A may be amended from time to time.

Interest in the company shall include any financial instrument or contract, the value of which is determined in whole or in part by reference to the Company.

Interest in the company means all rights a Member possesses or may possess in the present, or will or may possess in the future, in or related to the Company.

Interest in the company and "INTERESTS" shall mean with respect to each Member (or former Member) the aggregate amount in all of such Member's (or former Member's) Capital Accounts pursuant to the terms and provisions of this Agreement as of the end of a Fiscal Period. As used in this Agreement, the term "FORMER MEMBER" refers to such Persons as hereafter from time to time cease to be Members pursuant to the terms and provisions of this Agreement.