Class X Percentage Interest definition
Class X Percentage Interest. As of any date of determination, with respect to the Class X Regular Interest and the Class X Certificates, a percentage interest equal to a fraction, the numerator of which is the Notional Amount of the Class X Certificates, and the denominator of which is the Notional Amount of the Class X Regular Interest.
Class X Percentage Interest means as of any date of determination and as to any Limited Partner holding Class X Units, the quotient obtained by dividing (a) the number of Class X Units held by such Limited Partner by (b) the total number of outstanding Class X Units.