Class B Sharing Percentage definition

Class B Sharing Percentage means, with respect to any holder of Class B Units, a fraction (expressed as a percentage), the numerator of which is the total number of Class B Units held by such holder and the denominator of which is the total number of Class B Units held by all holders of Class B Units.
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Class B Sharing Percentage means, for each Member, a percentage computed -------------------------- by dividing (x) the number of Class B Membership Units owned of record by such Member by (y) the number of Class B Membership Units owned of record by all Members.
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Class B Sharing Percentage means the quotient obtained in the following formula: [((IPO Return — Aggregate Initial Stockholders Return) x Class B IPO Return Percentage) - Class B Prior Distributions] / IPO Valuation.
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Examples of Class B Sharing Percentage in a sentence

  • Nonrecourse Deductions for each Allocation Period of the Partnership will be allocated (A) 86% to the holders of Class A Units with respect to their Class A Units (and among the holders of Class A Units pro rata in proportion to Class A Sharing Percentage of each holder of Class A Units) and (B) 14% to the holders of Class B Units pro rata in proportion to the Class B Sharing Percentage of each holder of Class B Units.

  • Notwithstanding anything herein to the contrary, all measurements and references herein related to per-Unit values, prices and numbers (including Class A Sharing Percentage, Class A Unit Fair Market Value, Class A Unit Price, Class A Units, Class B Distribution Rate, Class B Issue Price, Class B Liquidation Value, Class B Sharing Percentage, Class B Units and PIK Units), shall be, in each instance, appropriately adjusted for Unit splits, combinations, distributions and the like.

  • One (1) or more additional persons may be admitted to the Partnership as Partners with the written consent of the General Partner; provided that no such admission of an additional Limited Partner shall operate to reduce the Class A Sharing Percentage or Class B Sharing Percentage of any previously admitted Limited Parter..

  • The Class A Sharing Percentage and Class B Sharing Percentage of each Member as of the date hereof are set forth opposite such Member’s name on Exhibit A under the similarly titled column, as applicable.


More Definitions of Class B Sharing Percentage

Class B Sharing Percentage means, subject to any modifications arising from the right of the Board to create any new Class of Units pursuant to Section 2.9, at any time, a percentage equal to 100 minus the Class A Sharing Percentage.
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Class B Sharing Percentage means, with reference to each Limited Partner, its sharing percentage with respect to Class B Interests being calculated with reference to such Limited Partner’s Class B Units over aggregate Class B Units of all Limited Partners.
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Class B Sharing Percentage of each Class B Member at any time shall equal the aggregate number of Class B Units held by such Member at such time divided by the aggregate number of Class B Units then outstanding. The “Class C Sharing Percentage” of each Class C Member at any time shall equal the aggregate number of Class C Units held by such Member at such time divided by the aggregate number of Class C Units then outstanding. The “Class D Sharing Percentage” of each Class D Member at any time shall equal the aggregate number of Class D Units held by such Member at such time divided by the aggregate number of Class D Units then outstanding. The Class A Sharing Percentage of each Class A Member is set forth opposite such Member’s name on Exhibit C under the similarly titled column. The Class C Sharing Percentage of each Class C Member is set forth opposite such Member’s name on Exhibit C under the similarly titled column. In the event of a change in Class A Sharing Percentages or Class C Sharing Percentages pursuant to the terms of this Agreement, the Board of Managers shall revise Exhibit C to reflect such changes. In the event of a change in the number of Class A Units, Class B Units, or Class D Units outstanding pursuant to the terms of this Agreement, the Board of Managers shall revise Exhibit E to reflect the resulting changes in the Class Distribution Sharing Percentages.
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Class B Sharing Percentage with respect to each Member, shall equal the aggregate Class B Units held by such Member through the date of determination, divided by the aggregate Class B Units held by all Members of the Company through the date of determination.
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Related to Class B Sharing Percentage

  • Sharing Percentage means, with respect to any Partner and any Portfolio Investment, a fraction, expressed as a percentage: the numerator of which is the aggregate amount of Capital Contributions made by such Partner and used to fund the cost of such Portfolio Investment; and the denominator of which is the aggregate amount of Capital Contributions made by all Partners and used to fund the cost of such Portfolio Investment.

  • Series Allocation Percentage means, with respect to any Monthly Period, the percentage equivalent of a fraction, the numerator of which is the Allocation Percentage for Finance Charge Collections for that Monthly Period and the denominator of which is the sum of the Allocation Percentages for Finance Charge Receivables for all outstanding Series on such date of determination; provided that if one or more Reset Dates occur in a Monthly Period, the Series Allocation Percentage for the portion of the Monthly Period falling on and after each such Reset Date and prior to any subsequent Reset Date will be determined using a denominator which is equal to the sum of the numerators used in determining the Allocation Percentage for Finance Charge Receivables for all outstanding Series as of the close of business on the subject Reset Date.