Sharing Ratio. With respect to any Member, a fraction (expressed as a percentage), the numerator of which is the total of the Member's initial Capital Account and the denominator is the total of all initial Capital Accounts of all Members and Assignees.
Appears in 4 contracts
Samples: Limited Liability Company Operating Agreement (Charter Equipment Lease 1998-1 LLC), Operating Agreement (Advanta Business Services Corp), Limited Liability Company Operating Agreement (Advanta Bank Corp)
Sharing Ratio. With respect to any Member, a the fraction (expressed as a percentage), the numerator of which is the total of the that Member's initial Capital Account Commitment and the denominator of which is the total sum of the Commitments of all initial Capital Accounts of all Members and AssigneesMembers.
Appears in 3 contracts
Samples: Operating Agreement (Public Service Co of North Carolina Inc), Operating Agreement (Public Service Co of North Carolina Inc), Operating Agreement (Public Service Co of North Carolina Inc)
Sharing Ratio. With respect to any Member, a fraction (expressed as a percentage), the numerator of which is the total of the Member's initial Capital Account and the denominator is the total of all initial Capital Accounts of all Members and Assignees.
Appears in 1 contract
Samples: Operating Agreement (Fibermark Office Products LLC)
