Ownership Percentages. The percentage interest of each Partner will be determined by dividing the balance of such Partner's capital account by the total of all of the capital accounts of all Partners. A Partner's percentage interest will be determinative of: (a) a Partner's ownership interest in the Partnership as an entity; (b) a Partner's interest in the distribution of Distributable Cash; (c) a Partner's allocable share of the items of Profits and Losses; and (d) a Partner's distributive share of cash and other property upon dissolution of the Partnership.
Ownership Percentages. On the Effective Date, Xxxxxxxxx and Nestlé will each have an Ownership Percentage equal to fifty percent (50%).
Ownership Percentages. Each Partner's beneficial ownership interest in the Partnership ("Partnership Interest") is in the following respective percentage ("Ownership Percentage"): General Partner 1% Limited Partner 99%
Ownership Percentages. The ownership percentages shall be set forth on Schedule A.”
2. Schedule A of the Partnership Agreement shall be replaced in its entirety to be and read as set forth on Schedule A attached hereto and made a part hereof.
Ownership Percentages. The Capital Accounts (§ 6.4) of each Limited Partner (§ 4.1) represents their equity in the Fund. The Ownership Percentage of a Limited Partner is the summation of all Capital Accounts of the Limited Partner (§ 6.11) divided by the Net Asset Value (NAV) of the Fund (§ 6.9).
Ownership Percentages. CSL shall own 49% and NWC shall own 51% of NEWCO's equity. Such percentages are referred to herein as "Ownership Percentages."
Ownership Percentages. Each Partner who contributes an amount of cash equal to its Ownership Interest multiplied by the Initial Capital Call referred to in Section 2.4 hereof shall initially have an Ownership Interest in the Partnership as specified on the Counterpart Signature Page and to be incorporated on Attachment A hereto. Any person not contributing an amount of cash equal to its Ownership Interest multiplied by the Initial Capital Call shall not be deemed a Party to this Agreement even if it executes a Counterpart Signature Page. After the contributions have been made in response to each successive Capital Call, the interest in the Partnership ("Ownership Interest") held by each Partner shall equal the percentage derived by dividing the Partner's total capital contributions pursuant to Capital Calls by the total capital contributions pursuant to Capital Calls made by all of the Partners.
Ownership Percentages. Schedule 1 sets forth all of the issued and outstanding Shares and the beneficial and record owners of such Shares and the Ownership Percentage of each Seller, and is true and correct in all respects.
Ownership Percentages. The Parties hereby agree that neither a failure of the Investor Equity Interests to comprise 51% of the Company’s outstanding Equity Interests nor a failure of the AmTrust Equity Interests to comprise 49% of the Company’s outstanding Equity Interests, as contemplated by the definition of “Coinvestor Cash Contribution” and the amendment to Section 2.1(c) of the Purchase Agreement in this Amendment, shall be deemed to be a breach of any provision of the Purchase Agreement (including the applicable representations and warranties in Section 3.4(a) of the Purchase Agreement) solely to the extent such failure directly results from the issuance of Common Units of the Company in respect of the Coinvestor Cash Contribution.
Ownership Percentages. Each Party shall initially have an ownership interest in the partnership as set forth in Schedule A. After contributions have been made in response to each Capital Call, the Ownership Interest held by each Party shall equal the percentage derived by dividing such Party's total capital contributions by the total capital contributions made by all of the Parties.
