The Ownership Interest Sample Clauses

The Ownership Interest clause defines the rights and entitlements a party holds in a particular asset, property, or entity. It typically specifies the extent, nature, and limitations of the ownership, such as whether the interest is full, partial, or subject to certain conditions or restrictions. For example, it may clarify if a party owns a percentage of a company or has a stake in intellectual property created during a project. This clause is essential for establishing clear boundaries of ownership, preventing disputes, and ensuring all parties understand their respective rights and obligations regarding the asset in question.
The Ownership Interest. The Ownership Interest (as defined below) shall be uncertificated and shall represent the entire undivided beneficial ownership interest in the Owner Trust Estate, subject to the debt represented by the Notes (the "Ownership Interest"). The Ownership Interest may be assigned by the Transferor as provided in Section 3.13. Upon the completion of a transfer in accordance with the terms and conditions of this Article III, a transferee of the Ownership Interest shall become the Transferor, and shall be entitled to the rights and subject to the obligations of the Transferor hereunder, upon such transferee's acceptance of the Ownership Interest duly registered in such transferee's name pursuant to Section 3.4 below.
View SourceView Similar (22)
The Ownership Interest. In the event a preferential right to purchase is exercised with regard to any part of the Assets, the definition of "Assets" herein shall be amended to exclude such properties for which the preferential right has been exercised.
View SourceView Similar (2)
The Ownership Interest. The Ownership Interest (as defined below) shall be uncertificated, shall be reflected solely in the Register and shall represent the entire beneficial interest in the Trust Estate (the “Ownership Interest”). The Ownership Interest or any Percentage Interest thereof may be freely assigned by its Owner subject to the limitations set forth in Sections
View Source

Related to The Ownership Interest

  • No Ownership Interest Nothing contained in this Agreement shall be deemed to vest in Parent any direct or indirect ownership or incidence of ownership of or with respect to the Covered Shares. All rights, ownership and economic benefits of and relating to the Covered Shares shall remain vested in and belong to the Stockholder, and Parent shall have no authority to direct the Stockholder in the voting or disposition of any of the Covered Shares, except as otherwise provided herein.

  • Ownership Interests The ownership interest of each member of the Company will be expressed in terms of a percentage that is set out in Exhibit A, attached and made part of this Agreement. The total ownership interests of all members will always equal one-hundred percent (100%). The existing members will determine the ownership interest of any new members prior to admission to the Company.

  • Ownership Interest 25 Pass-Through Rate..............................................................................25

  • Ownership Interest, Etc The Seller shall (and shall cause the Servicer to), at its expense, take all action necessary or desirable to establish and maintain a valid and enforceable undivided percentage ownership or security interest, to the extent of the Purchased Interest, in the Pool Receivables, the Related Security and Collections with respect thereto, and a first priority perfected security interest in the Pool Assets, in each case free and clear of any Adverse Claim, in favor of the Administrator (for the benefit of the Purchasers), including taking such action to perfect, protect or more fully evidence the interest of the Administrator (for the benefit of the Purchasers) as the Administrator, may reasonably request.