Initial Percentage Interest definition

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.

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

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

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

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 (i) in the case of IMS Nevada, 10%, and in the case of Fulcrum, 90%.”

Initial Percentage Interest means, with respect to each Partner, the percentage set forth below: General Partner 1% Danavox 29 2/3% ReSound 29 2/3% AL1 29 2/3% John ▇▇▇▇▇▇▇▇ 4.5% AL1 2% Jaso▇ ▇▇▇▇▇▇▇ 1.75% Eric ▇▇▇▇▇▇▇▇▇ .375% Tom ▇▇▇▇▇▇▇ .25% Cale▇ ▇▇▇▇▇▇▇ .25% Joel ▇▇▇▇▇▇ .25% Kitt▇ ▇▇▇▇▇ .125% Rand▇ ▇▇▇▇▇ .125% Sudh▇ ▇▇▇▇▇▇▇ .125% Chri▇▇▇▇▇ ▇▇▇▇▇▇▇ .125% Chri▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ .125%

Initial Percentage Interest. As described in Section 9.1. IRR. With respect to all Capital Contributions of a Member, the internal rate of return or discount factor that, when applied to a cash flow stream consisting of all distributions by the Company to such Member, makes the present value of such distributions equal the present value (determined using the same discount factor) of all Capital Contributions of such Member to the Company. The IRR shall be determined taking into account the exact dates any applicable Capital Contributions are made to the Company by the Member and the exact dates any applicable distributions are made by the Company to such Member. The IRR to a Member shall be computed using the XIRR function in Microsoft Excel or a functional equivalent using actual dates of cash flows and based on annual compounding. Land Contract. As defined in the Recitals above.

Initial Percentage Interest means, with respect to each Partner, such Partner's "Initial Percentage Interest" so designated on Schedule A hereto.