Initial Percentage Interest definition

Initial Percentage Interest means, with respect to each Class A Member, its Percentage Interest determined based on Initial Capital Contributions.

Initial Percentage Interest means, with respect to any Stockholder Party, the percentage of the issued and outstanding voting interests of the Company held by such Stockholder Party, together with its Permitted Transferees, as of immediately following the Closing, as determined on a Fully Diluted Basis.

Initial Percentage Interest means the ratio of the shareholding in the Company initially owned by each Party as set forth in Section 5.

Examples of Initial Percentage Interest in a sentence

• Each Member shall be personally liable to the other Members (but not to any third parties) for its pro rata share of the Company liabilities (such share to be determined as of the time the liabilities are incurred) based on its Initial Percentage Interest in the Company.

• The name, address, value of the initial Capital Contribution and Initial Percentage Interest of the General Partner are as follows: Name and Address Initial Percentage Capital Interest Contribution -------- ------------ AudioLogic Hearing Systems, Inc.

• Initially, each Class A Member shall have a Class A Percentage Interest equal to its Initial Percentage Interest.

• If and to the extent that it is ultimately determined that such additional capital contributions were not required, the previously identified contribution less each Partner's proportionate share (based on such Partner's Initial Percentage Interest) of any portion of the Partner's contributed capital which was expended in accordance with the foregoing, shall be promptly refunded to each Partner, together with a proportionate share of interest, if any, earned thereon while on deposit with the Partnership.

• Initially, each Member shall have a Percentage Interest equal to its Initial Percentage Interest.

More Definitions of Initial Percentage Interest

Initial Percentage Interest means the aggregate initial percentage interest(s) in the Company owned by each Member as set forth in Section 5.

Initial Percentage Interest means, with respect to each Class of Notes, a percentage equal to the Initial Outstanding Note Balance of such Class divided by the Aggregate Outstanding Note Balance.

Initial Percentage Interest of each Member means the Class A Interest or Class B Interest of such Member set forth in Exhibit A.

Initial Percentage Interest of each Member means (i) in the case of IMS Nevada, 10%, and (ii) in the case of Fulcrum, 90%.

Initial Percentage Interest means twenty three percent (23%) for Inland Member and seventy seven percent (77%) for Western.

Initial Percentage Interest means with respect to Inland 55%, and with respect to PGGM PRE Fund 45%.

Initial Percentage Interest means, with respect to each Participating Party and each Additional Unit, the interest in such Additional Unit elected by such Participating Party on or before December 31, 2005, in accordance with Section 3.0 of the Development Agreement, as such interest may be increased or decreased on or before October 1, 2007.