Carried Interest Percentage. A Member’s Carried Interest Percentage shall be or such lesser percentage as determined by reference to a signed written contractual arrangement between such Member and the Manager as permitted by this paragraph. The Manager may, in its sole discretion, reduce the Carried Interest Percentage with respect to any Member, pursuant to a signed written contractual arrangement with such Member (which may be in such Member’s Subscription Agreement). Notwithstanding the foregoing sentence, no such other contractual arrangement shall have the effect of changing the Carried Interest Percentage of any Member without its written consent.
Appears in 7 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
Carried Interest Percentage. A Member’s Carried Interest Percentage shall be or such lesser percentage as determined by reference to a signed written contractual arrangement between such Member and the Manager as permitted by this paragraph. The Manager may, in its sole discretion, reduce the Carried Interest Percentage with respect to any Member, pursuant to a signed written contractual arrangement with such Member (which may be in such Member’s Subscription Agreement). Notwithstanding the foregoing sentence, no such other contractual arrangement shall have the effect effect of changing the Carried Interest Percentage of any Member without its written consent.
Appears in 4 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
