Member Percentage definition

Member Percentage means the percentage of total distribution that represents distribution of a single copy to any member;
Member Percentage is defined in Section 3.5 hereof.
Member Percentage means with respect to each Member, the number of Units held by such Member divided by the total number of Units issued and outstanding, both as determined at the time of the calculation.

Examples of Member Percentage in a sentence

  • Calculation of Member Percentage Interests will be determined on close of the offering to new Investors, and shall be calculated as described in Article 2.2 hereof.

  • Calculation of Member Percentage Interests will be determined on close of the offering to new Investors and shall be calculated as described in Article 2.2 hereof.3. Manager Advances and Member LoansIf required to protect or preserve the Company’s assets, the Manager has the sole discretion to apply other available Company funds to pay any Company obligations.

  • The Member Percentage of a Member for such Accounting Period shall mean the percentage ownership of a Member, which percentage shall be determined by reference to the Member Percentage as outlined in Schedule A attached.

  • Xxxxxxxxx Title: Senior Vice President, General Counsel and Corporate Secretary Schedule A Member Percentage Interest Membership Units KinderCare Learning Centers, Inc.

  • Xxxxxxxx CMGI @VENTURES IV, LLC SCHEDULE B PROFIT MEMBERS AND PROFIT MEMBER PERCENTAGE INTERESTS Class B Members Profit Member Percentage Interest Xxxxxx X.


More Definitions of Member Percentage

Member Percentage the percentage indicated for a Member (of any class) on Schedule A attached hereto, as amended from time to time, which percentage is determined with respect to a Member by dividing such Member’s Class A or Class B Units, as the case may be, by the total number of issued and outstanding Class A or Class B Units, as the case may be.
Member Percentage means, with respect to any Member, the percentage set forth opposite such Member’s name on the attached Schedule A, which such Schedule may be amended from time to time to reflect changes in the Members’ Percentages hereunder. A transferee of all or a portion of a Member’s Interest shall succeed to the Member Percentage of his transferor to the extent allocable to the transferred Interest.
Member Percentage means the following: For CHS — 74.429% For Growmark, Inc. — 18.616% For MFA Oil Company — 6.955%.
Member Percentage means the percentage set forth opposite each Member’s name on Schedule 1.01(a), representing such Member’s percentage economic interest in the Company.
Member Percentage means, with respect to a Member, that Member’s then applicable Additional Capital Sharing Ratio.
Member Percentage means (i) in the case of the Avangrid Member, 50%, (ii) in the case of the CI II Member, 25%, and (iii) in the case of the CI III Member, 25%, in each case as such percentage may be increased or reduced from time to time after the date hereof to reflect transfers of the membership interests of the Applicable Pledgor (as applicable) effected in accordance with the terms of this Agreement (including Section 5.13), the Credit Agreement and the other Financing Documents; provided that no such adjustment shall be effective to alter such Member’s Member Percentage unless the following conditions have been satisfied: (a) such Member has notified the Administrative Agent of the effective date and extent of any change in any Member’s ownership interests in the membership interests of the Applicable Pledgor (whether by disposition, acquisition or additional equity contributions) in accordance with the governing limited liability company agreement or other applicable governing document of the Applicable Pledgor, (b) such change in ownership interests in the Applicable Pledgor shall not cause a Change of Control under the Credit Agreement (or it shall have been approved in accordance with the terms of the Credit Agreement) and (c) after giving effect to such change in the Members’ Member Percentages and any new Acceptable Member Credit Support provided by or on behalf of the Members in connection with such change in Member Percentages, the Members, collectively, will have provided Acceptable Member Credit Support in an amount equal to 100% of the aggregate Maximum Available Equity Contribution Amount of the Members at such time and after giving effect to such an assumption and release, the sum of all Member Percentages shall equal 100%.
Member Percentage means, as of each date of determination, in the ----------------- case of a Member that is a Research Affiliate on such date, the percentage that the Qualifying Research Revenues of that Member represents of the Qualifying Research Revenues of all Members who are Research Affiliates on such date, as computed as of the beginning of such quarter. If a Member is not a Research Affiliate on the date of determination, its Member Percentage for such period shall be zero.