Profits Interests definition

Profits Interests has the meaning specified in Section 3.2(d).

Profits Interests shall have the meaning specified in Section 4.7.

Profits Interests means the partnership interests (denominated in the form of one or more Legacy Class B Units) in ProKidney that are allocated (or granted) as “profits interests” as defined in the ProKidney Limited Partnership Agreement to PMEL that correspond to membership interests in PMEL that are allocated (or granted) as “profits interests” as defined in the Limited Liability Company Agreement of PMEL to a PMEL Existing Holder;

Examples of Profits Interests in a sentence

• Producing Acreage, Wells and Drilling90% Net Profits Interests Underlying Royalties.

• Each holder of Profits Interests acknowledges and agrees that such holder will consult with such holder’s tax advisor to determine the tax consequences of filing an election under Section 83(b) of the Code.

• No value has been ascribed to the Net Profits Interests retained on each of the licence interests as it is not possible to determine a reliable fair value for these instruments.

• No value has been ascribed to the Net Profits Interests retained on each of the interests in these associates as it is not possible to determine a reliable fair value for these instruments.

• The selection criteria to participate in Course B are: • Officers of the national competent authority, relevant government ministries, inspection services and official food-testing laboratories;• Ideally staff from Competent Authorities involved or willing to be involved in Auditing either as auditors or as technical experts according to Reg.

More Definitions of Profits Interests

Profits Interests means all of the issued and outstanding Profits Interests, as defined in the Prior Agreement, as of immediately prior to the Effective Time.

Profits Interests means a grant of Common Units pursuant to the Plan with a Profits Interest Threshold Amount fixed on the date of issuance in accordance with the Operating Agreement that is intended to qualify as a partnership profits interest for U.S. Federal Income tax purposes.

Profits Interests means rights to share in Advisers’ management fees and/or performance-based compensation and/or other special rights that Seeding Funds may receive in exchange for allocating assets to “start-up” Advisers.

Profits Interests means profits interests in the Partnership, including Class B Interests.

Profits Interests means the Vested Parent Profits Interests, Unvested Parent Time-Based Profits Interests, and Unvested Parent Performance Profits Interests.

Profits Interests shall have the meaning set forth in the Recitals.

Profits Interests shall have the same meaning ascribed to such term in the Operating Agreement.