Partners; Percentage Interests. A partner's percentage interest in this General Partnership shall be computed as a fraction, the numerator of which is the total of a partner's capital account and the denominator of which is the total of all capital accounts of all partners. This fraction shall be expressed in this agreement as a percentage, which shall be called each partner's "percentage interest" in this General Partnership.
Appears in 9 contracts
Samples: General Partnership Agreement, General Partnership Agreement, General Partnership Agreement