Adjustment to Sharing Ratios Sample Clauses

Adjustment to Sharing Ratios. The Sharing Ratios of the Partners shall be adjusted in the event: (1) a Partner makes an additional Capital Contribution as permitted by Section 3.5 - Additional Contributions; (2) there is any transfer or assignment of any part of a Partnership Interest by or among the Partners or to any Person who becomes an assignee or transferee of any part of a Partnership Interest; or (3) there is any other disproportionate adjustment to the Capital Account of a Partner. Upon adjustment, a Partner’s Sharing Ratio shall then be determined by the percentage calculated from dividing the value of such Partner’s Capital Account by the value of all Partner’s Capital Accounts. To simplify Partnership accounting, any adjustment to the Sharing Ratios of the Partners as a result of additional Capital Contributions shall be made semi-annually on June 30 or December 31 following such Capital Contribution.