Sharing Ratios. The initial Sharing Ratio of each Partner is set forth opposite its respective name on Schedule 1, attached hereto and hereby made a part hereof.
Sharing Ratios. The Partners shall receive the allocation of all profits, losses, gains, deductions and credits with respect to the operations of the Partnership in accordance with the Sharing Ratios set forth on Schedule 1 attached hereto and hereby made a part hereof.
Sharing Ratios. No Right to Priority of Return of Capital Except as otherwise expressly provided herein, no Partner shall have any priority over any other Partner as to the return of its contributions to capital or as to compensation by way of income.
Sharing Ratios. The Member shall receive the allocation of all profits, losses, gains, deductions and credits with respect to the operations of the Company.
Sharing Ratios. (a) A separate Sharing Ratio shall be assigned by the General Partner to each Partner (other than Class C Limited Partners) of a Series for each separate Investment within such Series. The Sharing Ratios for each separate Investment in a given Series shall be set forth on a separate Investment Sharing Ratio Letter for each Partner for such Investment within such Series.
(b) The Sharing Ratio assigned to any Key Participant with respect to each Investment shall not be less than the Minimum Percentage of such Key Participant in effect as of the date the Fund Entities acquire such Investment; provided, however, that (i) any Key Participant (or, in the case of a Key Participant that is a Feeder Fund Investor, the applicable Feeder Fund on such Key Participant’s behalf) may agree with the General Partner to a Sharing Ratio for any Investment that is less than such Key Participant’s Minimum Percentage, (ii) all Sharing Ratios are subject to adjustment pursuant to Section 10.03 hereof notwithstanding the designated Minimum Percentage, and (iii) the Sharing Ratio assigned to any Key Participant for an Investment may be less than such Key Participant’s Minimum Percentage (A) to the extent necessary to dilute the Key Participant to accommodate the addition of new members to a deal team, (B) to the extent the General Partner determines that such a dilution of the Sharing Ratio of a Key Participant for an Investment is necessary or desirable to accommodate the assignment of a Sharing Ratio for such Investment to one or more Limited Partners who are part of an Industry Deal Team that the General Partner has determined in its sole and absolute discretion is responsible, in whole or in part, for sourcing, negotiating or managing such Investment, (C) to reflect inadequate performance by the Key Participant, as determined by the General Partner in its sole and absolute discretion, (D) to reflect a change in the role that a Key Participant serves with respect to the Fund Entities, (E) if the General Partner determines in good faith that a Key Participant’s Sharing Ratio should be reduced to reflect the quality or extent of such Key Participant’s services to the Partnership or its Affiliates relative to the services provided by other Key Participants, or (F) if the General Partner determines in good faith that a valid business reason justifies the reduction of a Key Participant’s Sharing Ratio.
(c) Unless otherwise set forth in writing for a particular Investment, for each I...
Sharing Ratios. All allocations to the Partners pursuant to this Article IV shall, except as otherwise provided, be divided among them in proportion to their Sharing Ratios as shown on Exhibit "A" attached hereto and incorporated herein for all purposes.
Sharing Ratios. The Sharing Ratio (or the calculation thereof) of each Partner is set forth on Exhibit A, attached hereto and hereby made a part hereof. Except as otherwise provided in this Agreement and on Exhibit A, the Sharing Ratios may only be adjusted with the consent of the Management Committee and the Management Committee shall have the full authority to amend Exhibit A to reflect any such adjustments to the Sharing Ratios; provided that no adjustments to the Sharing Ratios shall be made prior to the Initial Commencement Date. Enterprise shall begin receiving distributions from the Partnership based on its Sharing Ratio effective on the Initial Commencement Date in accordance with Exhibit A. Thereafter the Sharing Ratios shall be subject to any adjustments of the Partnership Interests as set forth in this Agreement and on Exhibit A.
Sharing Ratios. The interests of the respective Members in the total capital of the Company and their share of profits, losses and distributions (their respective “Sharing Ratios,” as the same may be adjusted from time to time as provided in this Operating Agreement) are set forth in the attached Schedule 3.1. No interest shall accrue on any capital contribution and no Member shall have any right to withdraw or to be repaid any capital contribution except as provided in this Operating Agreement. All future capital contributions shall be made in cash unless otherwise unanimously agreed by the Members.
Sharing Ratios. After the Effective Date of this Assignment, the respective Sharing Ratio of each Assignee and Assignor will be as set forth in Schedule 4 hereto.
Sharing Ratios. The initial Sharing Ratio of each Member is set forth opposite its respective name on Schedule 1, attached hereto and hereby made a part of this Agreement.
