Partnership Percentage Clause Samples
The Partnership Percentage clause defines the specific ownership share or interest each partner holds in a partnership. This percentage typically determines how profits, losses, and distributions are allocated among the partners, and may also influence voting rights or decision-making authority. By clearly specifying each partner's stake, the clause ensures transparency and helps prevent disputes over entitlements or responsibilities within the partnership.
POPULAR SAMPLE Copied 1 times
Partnership Percentage. For each Partner the proportion, expressed as a percentage, that the amount of such Partner’s Capital Account balance bears as of the beginning of any Period to the total of all Partners’ Capital Account balances as of the beginning of such Period (after giving effect to the adjustments provided in Section 4.4.1).
Partnership Percentage. The Partnership Percentage for each Partner shall be the percentage set forth opposite such Partner’s name on Exhibit A hereto.
Partnership Percentage. 16 Realized Capital Gains or Losses...............................4 1.17 Schedule.......................................................4 1.18 Securities.....................................................4 1.19 Unrealized Capital Gains or Losses.............................4 2.
Partnership Percentage. For each Unit the proportion, expressed as a percentage, that the amount of such Unit’s Capital Account balance bears as of the beginning of any Period to the total of all Units’ Capital Account balances as of the beginning of such Period (after giving effect to the adjustments provided in Section 4.4.1).
Partnership Percentage. The percentage set forth below with respect to ---------------------- each Partner, which percentage may be diluted pro rata upon the Partnerships' issuance of additional Partner ship Interests in accordance with the terms of this Agreement:
(a) Unique 1% (b) URC 48% (c) ▇▇▇▇▇▇ 51%
Partnership Percentage. 4 1.24 Person ........................................................4 1.25 Restaurant ....................................................5 1.26
Partnership Percentage. The Partnership Percentage for a Partner shall be determined by dividing (x) the Capital Commitment associated with such Partner’s interest in the Partnership by (y) the aggregate Capital Commitments associated with all of the Partners’ interests in the Partnership. The sum of the Partners’ Partnership Percentages shall be one hundred percent (100%). The aggregate Partnership Percentage of the Limited Partners as a group shall be the sum of the Partnership Percentages of each of the Limited Partners. For purposes of computing any Partner’s Partnership Percentage, any Capital Commitment made by a Defaulting Limited Partner with respect to any Unpurchased Remaining Portion described in Section 3.5(h)(iii) shall be disregarded.
Partnership Percentage. Subject to adjustment as hereinabove provided, the initial Partnership Percentage of each of the Partners shall be fifty percent (50%) for the Illinois Group and fifty percent (50%) for the Nevada Group.
Partnership Percentage. “Partnership Percentage” means, with respect to each Partner for an Accounting Period, the Partner’s opening Capital Account for the Accounting Period, divided by the sum of the opening Capital Accounts of all Partners for such Accounting Period. The sum of the Partnership Percentages shall equal 100%.
Partnership Percentage. The “Partnership Percentage” for each Partner shall be equal to the Capital Commitment of such Partner stated as a percentage of the aggregate Capital Commitments of the Partnership, and shall be set forth opposite each Partner’s name on its EXHIBIT A hereto.