Initial Percentage Interests. The Percentage Interests of the Partners as of the Effective Date shall be as set forth on Exhibit 3.1 hereto. Upon the transfer by a Partner of all or a portion of such Partner’s Interest pursuant to Article 8 or the issuance of new Interests by the Partnership in compliance with this Agreement, Exhibit 3.1 shall be updated to reflect the Percentage Interests of the Partners immediately following such transfer.
Initial Percentage Interests. Initially, each Member shall have a Percentage Interest equal to its Initial Percentage Interest.
Initial Percentage Interests. Upon execution of this Agreement, the Percentage Interests of each of the Members are as follows: Name Percentage Interest Alcoa USA 46.60 % ASC Alumina 8.65 % RMC 3.17 % RME 1.58 % AIH 34.10 % Alumina USA 5.9 % Total 100 % It is the general intention of the parties hereto that the respective aggregate Percentage Interests of (i) Alcoa USA, ASC Alumina, RMC and RME, on the one hand, and (ii) AIH and Alumina USA, on the other hand, shall be maintained, as among themselves, to the extent reasonably possible, in the same sixty / forty percent (60%/40%) ratio as their Percentage Interests set forth above. To this end, the Members hereby agree to use their best efforts to maintain such sixty / forty percent (60%/40%) ratio in connection with any future acquisitions of minority interests in any Company strategic alliance, acquisitions of new assets or new companies affiliated with the Company, the admission of any additional Members to the Company, the assignment of any Interests in the Company, or any portion thereof, and the timing and amounts of distributions made to the Members.
Initial Percentage Interests. The initial Percentage Interests of and Units held by the Members are as follows: Name Percentage Interest Units ---- ------------------- ----- Strategic Timber Trust II, LLC 100.0% 100 ----- --- Total = 100.0% 100 =====
Initial Percentage Interests. The Percentage Interest of the Members is as follows: INLAND 20% NYSTRS 80%
Initial Percentage Interests. On the Effective Date, the Members shall have the following initial Percentage Interests:
Initial Percentage Interests. The initial Percentage Interests of and Units held by the Members are as follows: Name Percentage Interest Units ---- ------------------- ----- C. Edwaxx Xxxxx 25.3521% 712.4576 Chrixxxxxxx X. Xxxxx 25.3521 712.4576 Thomxx X. Xxxxx 25.3521 712.4576 Vladxxxx Xxxxxx 5.6338 158.3239 Josexx X. Xxxxxxx 5.6338 158.3239 Nichxxxx X. Xxxxxx 5.6338 158.3239 Suthxxxxxx, Xxxxxx & Xrenxxx XXX 7.0423 197.9049 -------- -------- Totals = 100.0000% 2810.2494 ======== =========
Initial Percentage Interests. The names and addresses of ---------------------------- the Members and their initial respective Percentage Interests as of the date hereof are set forth on Schedule 1 hereto.
Initial Percentage Interests. As of the close of the Effective Date, The Initial Percentage Interests, Adjusted Capital Account Balances and Net Unreturned Capital of each of the Partners shall be as follows: Partner Initial Percentage Interest CNL GP 1.0 % CNL LP 49.6667 % Cxxx XX 49.3333 %
Initial Percentage Interests. The initial percentage interests ("Percentage Interests") of each Member shall be as follows: PERCENTAGE INTEREST ------------------- Axiohm Transactional Solutions, Inc. 100%
