Class A Percentage Interest definition

Class A Percentage Interest means, with respect to a Class A Member as of a given date, that percentage obtained by dividing the total number of Class A Units owned by such Member by the total number of Class A Units issued and outstanding.

Class A Percentage Interest means a fraction, expressed as a percentage, the numerator of which is the total of a Member’s Class A Preferred Units and the denominator of which is the total of all outstanding Class A Preferred Units.

Class A Percentage Interest. As of any date of determination, with respect to the Class A Regular Interest and the Class A Certificates, a percentage interest equal to a fraction, the numerator of which is the Certificate Balance of the Class A Certificates, and the denominator of which is the Certificate Balance of the Class A Regular Interest.

Examples of Class A Percentage Interest in a sentence

• The Class A Members and the Class B Members, acting by the vote of Members holding Class A Interests or Class B Interests with an aggregate Class A Percentage Interest or Class B Percentage Interest, respectively, equal to or exceeding 50% shall appoint one member of the Arbitration Panel.

• The Purchaser thereafter sells 20,000,000 of its Class A Common Shares, causing the Purchaser’s Adjusted Class A Percentage Interest to be 36.36% (80.0 million divided by 220.0 million), representing a Purchaser’s Percentage Decrease of 9.09%.

• The difference between the Purchaser’s Post-Closing Class A Percentage Interest and the Adjusted Class A Percentage Interest shall be referred to herein as the “Purchaser’s Percentage Decrease”.

• The Company shall also maintain a schedule setting forth the name and address of each Member, the number of Units owned by such Member, the Member’s Percentage Interest, Class A Percentage Interest and Class B Percentage Interest, the initial balance of each Member’s Capital Account as of the date of this Agreement and the aggregate Capital Contributions that have been made by such Member or transferred to such Member with respect to such Member’s Units (such schedule, the “Schedule of Members”).

• Class A Tax Distributions and Class B Tax Distributions shall be made pro rata to holders of Class A Units or Class B Units in accordance with their Class A Percentage Interest or Class B Percentage Interest, as applicable.

More Definitions of Class A Percentage Interest

Class A Percentage Interest means, with respect to any Member, the quotient obtained by dividing the aggregate number of Class A Units then owned by such Member by the aggregate number of Class A Units then owned by all Members.

Class A Percentage Interest means, as of any date of determination with respect to any Class A Member, a percentage interest (expressed as a percentage), calculated by dividing (a) the total number of Class A Units held by such Class A Member as of such date by (b) the total number of Class A Units outstanding as of such date.

Class A Percentage Interest means for any Payment Date, a percentage equal to (i) the Outstanding Note Balance of the Class A Notes divided by (ii) the Aggregate Outstanding Note Balance.

Class A Percentage Interest means, with respect to a Class A Member, the percentage set forth opposite such Member’s name on Schedule 3.1, subject to adjustment pursuant to a transfer of a Class A Interest by such Member or the issuance of new Class A Interests by the Company, in either case, in compliance with the terms of this Agreement.

Class A Percentage Interest means, with respect to a Class A Holder at any time and from time to time, a percentage equal to a fraction, the numerator of which is the number of Class A Units owned by such Class A Holder and the denominator of which is the aggregate number of Common Units owned by all Members.

Class A Percentage Interest means the interest in the Class A Portion of the Trust that is evidenced by a Class A Note and that is set forth on the face of such Note; provided, however, that the Issuer shall only issue Class A Notes evidencing in the aggregate Class A Percentage Interests totaling 100%. To the extent that, for federal income tax purposes, the Class A Notes constitute indebtedness, all references in this Agreement to Holders of Class A Notes owning a specified percentage of the outstanding Class A Note Principal Balance shall be construed to mean Holders of Class A Notes evidencing such specified percentage of the then outstanding indebtedness.

Class A Percentage Interest means, with respect to a Class A Member, the quotient (expressed as a percentage) obtained by dividing such Class A Member’s Investment Balance by the aggregate Investment Balances of all Class A Members.