LLC Percentage definition

LLC Percentage means, with respect to any Member at any time, the proportion (expressed as a percentage) of such Member’s Interests at such time to the aggregate number of all Interests then outstanding. If any Interest is Transferred in accordance with the provisions of this Agreement, the transferee of such Interest shall succeed to the portion of the transferor’s LLC Percentage represented by the Transferred Interest.

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LLC Percentage means the percentage of the aggregate limited liability company interests in Susanville represented by the LLC Interests delivered by Seller to Purchaser under the terms of this Agreement.

LLC Percentage means the relative Interests of the individual Members, as a class or as a whole, as applicable, and where expressly indicated, the individual Assignees, in the capital and profits of the Company.

Examples of LLC Percentage in a sentence

Each Member shall have a vote on all matters on which all Members may vote equal to his or its LLC Percentage.
The address, initial Capital Contribution and initial LLC Percentage of the Initial Member are: ▇▇▇▇▇▇▇ Aircraft Holdings, Inc.
Fifty percent (50%) of the costs and expenses of the arbitrator shall be borne by Purchaser, and the LLC Percentage multiplied by the remainder of such costs and expenses shall be borne by Seller.
Unless Members holding at least 25 percent of the LLC Percentage Interests determine that such recommendation contains a clear error or would result in a contravention of applicable law, the recommendation shall be deemed to be adopted by the LLC.
Nonrecourse Deductions for any fiscal year or other applicable period shall be allocated to the Members in accordance with their respective LLC Percentage Interests.
Subject to Section 5.4, Income from Operations and Losses from Operations and Income and Gain from Dispositions and Losses from Dispositions shall be allocated to the Members in accordance with their LLC Percentage Interests; provided, however, gains from Interim Capital Events shall be allocated to the Member requesting such Interim Capital Event.
On or prior to the last Business Day of each Quarter, the LLC shall distribute the Distributable Amount to its Members in accordance with their LLC Percentage Interests.
The LLC shall attempt (to the extent such action is not burdensome on or inconvenient to the LLC or any Member) to make interim distributions to the Members in proportion to their LLC Percentage Interests in an amount equal to the Member’s estimated income tax liability resulting from his ownership of the LLC Interest.
Unless this Agreement provides otherwise, at a meeting of Members, the presence in person or by proxy of Members holding not less than fifty-one percent (51%) of the LLC Percentage Interests then held by Members constitutes a quorum.
Percentage Membership Interest Delaware Fairgrove LLC 100% wholly-owned subsidiary of St. Louis Post-Dispatch LLC Percentage Membership Interest Delaware STL Distribution Services LLC 98.95% subsidiary of Pulitzer Inc.; 1.05% subsidiary of Pulitzer Technologies, Inc.

More Definitions of LLC Percentage

LLC Percentage has the meaning given in Section 12.9(d).

LLC Percentage means, as of any date, the LLC Percentage for each Member (or assignee of such Member), which shall be determined by dividing the number of Units of such Member (or assignee) in the LLC as of such date by the sum of total issued and outstanding Units in the LLC as of such date (including, for the avoidance of doubt, all Class A Units, all Class B Units and all Class C Units). The sum of the Members’ (and assignees of Members’) LLC Percentages shall be one hundred percent (100%).

LLC Percentage. With respect to each Member, the "Company Percentage" (as such term is defined in the Operating Agreement) of such Member in GFV with respect to the Non-Traditional Businesses.

LLC Percentage means, as of any date of determination, the percentage obtained by dividing (x) the Aggregate LLC Owned Shares as of such date of determination by (y) the aggregate number of Registrable Securities (as defined in the Registration Rights Agreement) held by all shareholders that are parties to the Registration Rights Agreement (including the Company) as of such date of determination, (v) “Individual Attributable Common Shares” means, as to any Member on any date of determination, the number of LLC Owned Shares equal to the Aggregate LLC Owned Shares multiplied by the Individual Ownership Percentage of such Member as of such date of determination, (vi) “Individual Demand Percentage” means, as to any Investor Demand made by the Demand Investors, means a percentage equal to the actual number of LLC Owned Shares that such Demand Investors requested to be included in such Investor Demand divided by the number of Individual Attributable Common Shares then related to such Demand Investors (it being understood that such percentage may never exceed 100%).