Membership Percentages. A membership percentage (a "Membership Percentage") shall be determined for each Member for any given series of Units for each Accounting Period of the Company by dividing (i) the number of Units owned by such Member within a given series by (ii) the aggregate number of outstanding Units of such series as of the beginning of such Accounting Period, after taking into account, in the case of both clause (i) and clause (ii), any Units issued or redeemed as of (or the day immediately after) the beginning of such Accounting Period. The aggregate Membership Percentages for each series of Units shall equal 100%.
Membership Percentages. 12 Section 4.05 Allocation of Net Capital Appreciation or Net Capital Depreciation. ............................................13 Section 4.06 Amendment of Incentive Allocation. .......................14 Section 4.07 Determination of Net Assets. .............................14 Section 4.08 Determination of Net Asset Value. ........................15 Section 4.09
Membership Percentages. 12 Section 4.05 Allocation of Net Capital Appreciation or Net Capital Depreciation..................................12 Section 4.06
Membership Percentages. The "Membership Percentages" of the Members are as follows: MEMBER MEMBERSHIP PERCENTAGE ------ --------------------- Salem Radio Operations, LLC 1% Salem Media Corporation 99% --- Total 100% ===
Membership Percentages. This Limited Liability Company Agreement of Honda Titling C LLC, a Delaware limited liability company (the "Company"), dated as of February 1, 1999, is between American Honda Finance Corporation ("AHFC"), a California corporation, and Honda Funding Inc., a Delaware corporation (the "Independent Member" and, together with AHFC, the "Members"); and
Membership Percentages. 7 5.4 Distributions.................................................................7 5.5
Membership Percentages. The “Membership Percentage” of the Sole Member shall be 100%.
Membership Percentages. The Membership Percentages of the Members are reflected in Exhibit A and shall be adjusted from time to time to properly reflect the admission of new Members or any other event having an effect on a Member’s Membership Percentage.
Membership Percentages. Each Member holds the number of Class A Units and Class B Units set forth on Schedule A hereto.
