Common Percentage Interest definition
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 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.
Common Percentage Interest means, as to a Member as of any determination date, the respective percentage of Common Units held by such Member of all the Common Units issued and outstanding as of such determination date. The Common Percentage Interest of each Common Member as of the date hereof shall be as set forth opposite such Common Member’s name on Schedule A hereto under the column entitled “Common Percentage Interest.”
Examples of Common Percentage Interest in a sentence
Nonrecourse Deductions shall be allocated to the Members holding Common Units in accordance with their respective Common Percentage Interest.
All determinations with respect to this Section 8.04 shall be made by the OpCo Board in its sole discretion; provided, however, that all such determinations with respect to a Member holding at least 3% of the Common Percentage Interest (excluding, for purposes of this calculation, Common Units then owned by PubCo (if any) or any Subsidiary of PubCo (if any)) shall be made by the OpCo Board exercising its reasonable discretion.
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, with respect to each Common Member, an amount equal to the product of (a) the quotient obtained by dividing (i) the number of Common Units owned of record by such Member by (ii) the aggregate number of issued and outstanding Common Units at such time, and (b) 100, expressed as a percentage.
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.