Member Percentage definition
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.
Member Percentage is defined in Section 3.5 hereof.
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.
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.
The Net Profits and Net Losses of the Company shall be allocated and Distributable Cash shall be distributed as follows: Member Percentage Pathmark Stores, Inc.
All distributions shall be proportional to each Member’s Member Percentage.
Any Working Capital Contribution as defined in Section 3.4 shall also be considered as a Capital Contribution and such contribution shall not result in a change to the Member Percentage of any Member.
More Definitions of Member Percentage
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, with respect to each Member, the ----------------- applicable percentage interests of the Members as set forth below: NHP 25% JER 75%
Member Percentage means the following:
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 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 a Member, that Member’s then applicable Additional Capital Sharing Ratio.