Xxxxxxx Interests definition

Xxxxxxx Interests means (i) Xxxxxxx X. Xxxxxxx, his spouse and any of his lineal descendants and their respective spouses (collectively, the "Xxxxxxx Family") and any Affiliate of any member of the Xxxxxxx Family, (ii) Xxxxxxx X. Xxxxxxx'x estate, or any trust established by Xxxxxxx X. Xxxxxxx, during any period of administration prior to the distribution of assets to beneficiaries who are Persons described in clause (iii) below, (iii) any trust which is solely for the benefit of one or more members of the Xxxxxxx Family (whether or not any member of the Xxxxxxx Family is a trustee of such trust) or solely for the benefit of one or more charitable organizations or solely for the benefit of a combination of members of the Xxxxxxx Family and one or more charitable organizations and (iv) any Subsidiary, any employee stock purchase plan, stock option plan or other stock incentive plan or program, retirement plan or automatic reinvestment plan or any substantially similar plan of the Borrower or any Subsidiary or any Person holding securities of the Borrower for or pursuant to the terms of any such employee benefit plan; provided, that if any lender or other Person shall foreclose on or otherwise realize upon or exercise any remedy with respect to any security interest in or Lien on any securities of the Borrower held by any Person listed in this clause (iv), then such securities shall no longer be deemed to be held by Xxxxxxx Interests.
Xxxxxxx Interests has the meaning set forth in the recitals.
Xxxxxxx Interests means all of Golar Energy’s rights, title and interests in the Xxxxxxx, including the shares of capital stock of Xxxxx Xxxxxxx (UK) Ltd. and interests in any other Golar Entity holding interests in the Xxxxxxx and including any charters or other agreements relating to the operation of the Xxxxxxx then in effect.

Examples of Xxxxxxx Interests in a sentence

  • If the Partnership Group Member and KNOT are unable to agree on the fair market value of the Xxxxxx Xxxxxxx Interests and/or the other material terms, the Partnership Group Member and KNOT shall engage a mutually-agreed-upon investment banking firm, ship broker or other expert advisor to determine the fair market value of the Xxxxxx Xxxxxxx Interests and/or the other material terms on which the Partnership Group Member and KNOT are unable to agree.

  • The decision to purchase the Xxxxxx Xxxxxxx Interests, the fair market value to be paid for the Xxxxxx Xxxxxxx Interests, and the other terms of the purchase shall be approved by the Conflicts Committee.

  • Upon receipt of such determination, the Partnership Group Member will have the option, but not the obligation in to purchase the Xxxxxx Xxxxxxx Interests for the fair market value and on the other terms determined by the investment banking firm, ship broker or other expert advisor, as soon as commercially practicable after determinations have been made.

  • Such investment banking firm, ship broker or other expert advisor will determine the fair market value of the Xxxxxx Xxxxxxx Interests and/or the other terms on which the Partnership Group Member and KNOT are unable to agree within 30 calendar days of its engagement and furnish the Partnership Group Member and KNOT its determination.

  • Xxxxxx, Date Chief Executive Officer By: Team Rehab, L.L.C., Co-Manager By: Xxxxxxx Interests, L.L.C., Manager By: /s/ S.

  • Cxxxxxxxx Xxxxxxx Interests held by the Manager and its Affiliates The Manager must purchase at least 0.5% of Series: Cxxxxxxxx Xxxxxxx Interests and may, or may designate an Affiliate to, purchase additional Series: Cxxxxxxxx Xxxxxxx Interests (including in excess of 10%), in its sole discretion, through the Initial Offering.

  • We leave the constitution, and go one level down, to formal legislation passed by the parliament.

  • Phone: (000) 000-0000 Email: xxx@xxxxxx.xxx Purchaser: Xxxx Xxxxx Xxxxxxx Interests, LLC 0000 Xxxxxxxx Xxxxx Xxxxxxxxx Xxxxxxxx Xxxxx, Xxxxxxxx 00000 Phone: (000) 000-0000 Email: xxxxxx@XXXX.xx Copy to: Xxxxxx X.

  • By: Xxxxxxx Interests, L.L.C., as General Partner of Mobileneer, Ltd.

  • Xxxxxxx Title: Managing Partner Number of Shares subscribed for: 319,488 Aggregate Purchase Price (see Section 1): $4,999,987.20 Exact name to appear on stock certificate: Xxxxx Xxxxxxx Interests, Ltd.


More Definitions of Xxxxxxx Interests

Xxxxxxx Interests means (i) The Xxxxxxx Voting Trust, established under that certain 1992 Xxxxxxx, Inc. Voting Trust Agreement dated December 12, 1992 (as amended from time to time, the “Xxxxxxx Voting Trust”), (ii) the Xxxxxxx X. Xxxxxxx Foundation, established under Trust Indenture dated April 27, 1999 (as amended from time to time, the “Xxxxxxx Foundation”), (iii) any trust which is solely for the benefit of one or more charitable organizations and (iv) any Subsidiary, any employee stock purchase plan, stock option plan or other stock incentive plan or program, retirement plan or automatic reinvestment plan or any substantially similar plan of the Borrower or any Subsidiary or any Person holding securities of the Borrower for or pursuant to the terms of any such employee benefit plan; provided, that if any lender or other Person shall foreclose on or otherwise realize upon or exercise any remedy with respect to any security interest in or Lien on any securities of the Borrower held by any Person listed in this clause (iv), then such securities shall no longer be deemed to be held by Xxxxxxx Interests.
Xxxxxxx Interests means Xxxxxxx' claims against and direct and indirect equity interests in Bellamah, (iii) "Bellamah Obligations" shall mean the obligations of Bellamah under the Guarantee Agreement (as defined in the Credit Agreement), (iv) "Bellamah Distribution" shall mean any distribution or other realization of any nature in respect of the Xxxxxxx Interests or Bellamah Obligations and (v) "Bellamah Sale" shall mean any sale, assignment or other disposition of assets of Bellamah or of the Xxxxxxx Interests or Bellamah Obligations."
Xxxxxxx Interests shall have the meaning ascribed to it in Section A of the Recitals Section hereof.

Related to Xxxxxxx Interests

  • Transferred Interests has the meaning set forth in the Recitals.

  • Purchased Interests has the meaning set forth in the Recitals.

  • Contributed Interests has the meaning set forth in the recitals.

  • REMIC I Interests The REMIC I Regular Interests and the Class R-I Certificates.

  • Membership Interests has the meaning set forth in the recitals.

  • LLC Interests shall have the meaning given to such term in Section 5.1.3.

  • Ownership Interests means, with respect to any Person, all of the shares of Capital Stock of such Person and all debt securities of such Person that can be converted or exchanged for Capital Stock of such Person, whether voting or nonvoting, and whether or not such Capital Stock or debt securities are outstanding on any date of determination.

  • Class B Interests As set forth in the Trust Agreement.

  • 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].

  • Intercompany Interests means an Interest in a Debtor held by another Debtor and, for the avoidance of doubt, excludes the Existing Equity Interests.

  • REMIC II Interests means, collectively, the REMIC II Regular Interests and the Class R-II Certificates.

  • 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.

  • Residual Interests As specified in the Preliminary Statement.

  • Uncertificated Lower-Tier Interests Any of the Class LA1, Class LA2, Class LA3, Class LA4, Class LA5, Class LASB, Class LAS, Class LB, Class LC, Class LD, Class LE, Class LF and Class LNR Uncertificated Interests.

  • Class A Interests means the Units purchased by the Class A Members. The Class A Interests shall comprise sixty-five percent (65%) of the total Interests sold. Class A Percentage Interest shall be determined by calculating the ratio between each Class A Member’s Capital Account in relation to the total capitalization of the Company provided by the Class A Members.

  • Purchased Interest means, at any time, the undivided percentage ownership interest in: (a) each and every Pool Receivable now existing or hereafter arising, (b) all Related Security with respect to such Pool Receivables and (c) all Collections with respect to, and other proceeds of, such Pool Receivables and Related Security. Such undivided percentage interest shall be computed as:

  • Net Revenue Interest means, with respect to any Property, the interest in and to all Hydrocarbons produced, saved, and sold from or allocated to such Property after giving effect to all royalties, overriding royalties, production payments, carried interests, net profits interests, reversionary interests, and other burdens upon, measured by, or payable out or production therefrom.

  • Company Interests has the meaning set forth in the Recitals.

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

  • Related interests means the interests of a coastal State directly affected or threatened by a wreck, such as:

  • Pledged Partnership Interests means all interests in any general partnership, limited partnership, limited liability partnership or other partnership including, without limitation, all partnership interests listed on Schedule 4.4(A) under the heading “Pledged Partnership Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such partnership interests and any interest of such Grantor on the books and records of such partnership or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such partnership interests.

  • Leasehold Interests means all of each Borrower’s right, title and interest in and to, and as lessee, of the premises identified on Schedule 4.19(A) hereto.

  • Pledged LLC Interests means all right, title and interest of any Grantor as a member of any LLC and all right, title and interest of any Grantor in, to and under any LLC Agreement to which it is a party.

  • Transferred Interest means, at any time of determination, an undivided percentage ownership interest in (i) each and every then outstanding Receivable, (ii) all Related Security with respect to each such Receivable, (iii) all Collections with respect thereto, and (iv) other Proceeds of the foregoing, which undivided ownership interest shall be equal to the Aggregate Percentage Factor at such time, and only at such time (without regard to prior calculations). The Transferred Interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, shall at all times be equal to the Transferred Interest in each other Receivable, together with Related Security, Collections and Proceeds with respect thereto. To the extent that the Transferred Interest shall decrease as a result of a recalculation of the Aggregate Percentage Factor, the Administrative Agent on behalf of the applicable Class Investors shall be considered to have reconveyed to the Transferor an undivided percentage ownership interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, in an amount equal to such decrease such that in each case the Transferred Interest in each Receivable shall be equal to the Transferred Interest in each other Receivable.