Common Percentage Interest means the percentage ownership interest in the Common Partnership Units of each Partner, as determined by dividing the Common Partnership Units owned by a Partner by the total number of Common Partnership Units then outstanding.
Common Percentage Interest means, as of any date of determination, with respect to any Member, a fraction, expressed as a percentage, (a) the numerator of which is the aggregate number of Common Units held by such Member and (b) the denominator of which is the aggregate number of Common Units held by all Members, in each case, as of such date.
Common Percentage Interest means the percentage ownership interest in the Common Units of each Member, as determined by dividing the Common Units owned by a Member by the total number of Common Units then outstanding, subject to Sections 4.3(d) and 4.3(e) which treat LTIP Units as Common Units for this purpose.
Examples of Common Percentage Interest in a sentence
At the request of a Limited Partner, the General Partner, at its option, may issue a certificate summarizing the terms of such Limited Partner’s interest in the Partnership, including the class or series and number of Partnership Units owned and the Percentage Interest and Common Percentage Interest represented by such Partnership Units as of the date of such certificate.
Xxxxxxxx Title: President and Chief Executive Officer EXHIBIT A A-1 (As of February 13, 2025) Partner Cash Contribution(1) Agreed Value of Capital Contribution(1) Common Units Series A Preferred Units Time-Based LTIP Units Performance LTIP Units Percentage Interest Common Percentage Interest % % General Partner: % % Armada Xxxxxxx Properties, Inc.
More Definitions of Common Percentage Interest
Common Percentage Interest means the percentage interest in the Common Partnership Units of each Partner, as determined by dividing the Common Partnership Units owned by a Partner by the total number of Common Partnership Units then outstanding, subject to Sections 4.3(d) and 4.3(e) which treat LTIP Units as Common Partnership Units for this purpose.
Common Percentage Interest means, as to a Partner holding any Common Units, its interest in the Partnership as determined by dividing the sum of Class A Common Units plus Class B Common Units owned by such Partner by the sum of the total number of Class A Common Units plus the total number of Class B Common Units then outstanding as specified in Exhibit A attached hereto, as such Exhibit may be amended from time to time.
Common Percentage Interest means, with respect to a Common Member, the percentage set forth on Schedule 1.01(a) with respect to such Common Member.
Common Percentage Interest means, as to each Partner, the percentage determined by dividing the total number of Common Partnership Units owned by such Partner by the aggregate number of Common Partnership Units then issued and outstanding, as set forth on Exhibit A, as such exhibit may be amended from time to time.
Common Percentage Interest means the percentage of ownership interest in the Partnership of each Partner, excluding the Preferred Interests. The initial Common Percentage Interests are set forth in Section 3.3 hereof.
Common Percentage Interest means a Common Member's percentage of the Common Interests in the Company including such Common Member's percentage of the net income, gain, loss, deductions and credits of the Company allocated to such Common Members. The Common Percentage Interest of each Common Member, prior to any adjustments thereto required by the provisions of this Agreement, shall be as set forth on Schedule A attached hereto.
Common Percentage Interest means initially 99.5% for Arch Member and 0.5% for ARCO Member, or such other percentage determined by dividing the positive balance in the respective Member's Capital Account (less any Preferred Amount included therein) by the aggregate of the positive capital account balances of all Members Capital Accounts.