Common use of Members' Percentage Interests Clause in Contracts

Members' Percentage Interests. A member's percentage interest in this LLC shall be computed as a fraction, the numerator of which is the total of a member's capital account and the denominator of which is the total of all capital accounts of all members. This fraction shall be expressed in this agreement as a percentage, which shall be called each member's "percentage interest" in this LLC.

Appears in 47 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

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Members' Percentage Interests. A member's percentage interest in this LLC shall be computed as a fraction, the numerator of which is the total of a member's capital account and the denominator of which is the total of all capital accounts of all members. This fraction shall be expressed in this agreement as a percentage, which shall be called each member's "percentage interest" in this LLC.capital

Appears in 6 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

Members' Percentage Interests. A member's percentage interest in this LLC shall be computed as a fraction, the numerator of which is the total of a member's capital account and the denominator of which is the total of all capital accounts of all members. This fraction shall be expressed in this agreement as a percentage, which shall be called each member's "percentage interest" in this LLC.capital

Appears in 1 contract

Samples: Operating Agreement

Members' Percentage Interests. A member's percentage interest in this LLC shall be computed calculated using the number of owned membership units as a fraction, the numerator and total number of which is membership units as the total of a member's capital account and the denominator of which is the total of all capital accounts of all membersdenominator. This fraction shall be expressed in this agreement as a percentage, which shall be called each member's "percentage interest" in this LLC.. As

Appears in 1 contract

Samples: Operating Agreement

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Members' Percentage Interests. A member's percentage interest in this LLC shall be computed as a fraction, the numerator of which is the total of a member's capital account and the denominator of which is the total of all capital accounts of all members. This fraction shall be expressed in this agreement as a percentage, which shall be called each member's "percentage interest" in this LLC.is

Appears in 1 contract

Samples: Operating Agreement

Members' Percentage Interests. A member's ’s percentage interest in this LLC shall be computed as a fraction, the numerator of which is the total of a member's ’s capital account and the denominator of which is the total of all capital accounts of all members. This fraction shall be expressed in this agreement as a percentage, which shall be called each member's "’s “percentage interest" in this LLC.

Appears in 1 contract

Samples: Operating Agreement

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