Member Percentage Interest definition

Member Percentage Interest means the percentage set forth on Schedule A hereto.
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Member Percentage Interest as of any date for any Member means as of such date a percentage determined by dividing (i) the number of Units held by such Member as of such date by (ii) the aggregate number of Issued and Outstanding Units as of such date.
Sample 1
Member Percentage Interest means the ownership percentages set forth by the name of each Member in Schedule 3.1, which percentages are in accordance with the provisions of the Operating Agreement; provided, for the avoidance of doubt, that such percentages take no account of any claims or allegations advanced by Xxxxxx X. Xxxxxxxx.
Sample 1

Examples of Member Percentage Interest in a sentence

  • Balance of Page Left Intentionally Blank SCHEDULE A NAMES, ADDRESSES, PERCENTAGE INTEREST AND INITIAL CAPITAL CONTRIBUTION OF THE MEMBER (as of November 30, 2017) Names and Address of the Member Percentage Interest Initial Capital Contribution Capital Account Tower Bridge Mobile Holdings, LLC 000 Xxxxx Xxxxxx, Xxxxx 000 Xxxx Xxxxxxxxxxxx, XX 00000 100.00% $6,550,000 $6,550,000 TOTAL 100.0% $6,550,000 $6,550,000 SCHEDULE B BOARD OF DIRECTORS Xxxxxxx X.

  • D’IorioTitle: Senior Vice President, General Counsel andSecretary [Signature Page to the Limited Liability Company Agreement of Crane LLC]EXHIBIT ASchedule of Common Interests As of May 16, 2022 Member Percentage Interest Common InterestsCrane Holdings, Co. 100 % 100Exhibit 10.1 AMENDMENT NO.

  • The term “Member” Percentage Interests” shall mean the percentages set forth opposite the name of each Member Below: Member Percentage Interest Brinda Devine 100% During each fiscal year, the net profits and net losses of the Company (other than from capital transactions), and each item of income, gain, loss, deduction or credit entering into the computation thereof, shall be credited or charged, as the case may be, to the capital accounts of each Member in proportion to the Member's Percentage Interests.

  • COMPANY: _______________, LLC Name: Title: Manager of its manager Southeast Florida Craft LLC MEMBERS: Southeast Florida Craft LLC Attitude Beer Holding Co. By: By: Xxx Xxxxxx Its: Manager Its: President SCHEDULE A Member Percentage Interest Initial Capital Contribution Southeast Florida Craft LLC 000 X.

  • Day, Jr. Chief Executive Officer SCHEDULE A Member Percentage Interest SRAM Holdings, LLC 100% FIRST AMENDMENT TO LIMITED LIABILITY COMPANY AGREEMENT OF SRAM, LLC This FIRST AMENDMENT TO LIMITED LIABILITY COMPANY AGREEMENT (this “Amendment”) of SRAM, LLC (the “Company”), dated as of June 7, 2011 (the “Effective Date”), is adopted, executed and agreed to, for good and valuable consideration, by SRAM Holdings, LLC, a Delaware limited liability company (“Original Member”).

  • If the Manager determines, in Manager’s reasonable discretion, additional capital is required in order to protect or preserve the Company’s ownership interest in the real property, each Member shall be obligated to contribute to the Company, within thirty (30) days of the receipt of such notice, an additional pro rata Capital Contribution amount based upon the Member Percentage Interest then owned by each such Member (the “Members’ Aggregate Capital Call”).

  • JOINDER AGREEMENT NORTHERN PASS TRANSMISSION LLC: By: Name: Title: JOINING MEMBER: [NAME] By: Name: Title: Execution Copy Northern Pass LLC Operating Agreement EXHIBIT A FORM OF SERVICE AGREEMENT WITH NORTHEAST UTILITIES SERVICE COMPANY Ex. A Execution Copy Northern Pass LLC Operating Agreement SCHEDULE 2.8 MEMBERS Member Percentage Interest Address NU Transmission Ventures, Inc.

  • The Members will have the following Percentage Interests in [Appellant], which will apply to ownership of capital and interests in profits and losses: Member Percentage Interest Mickey Traugutt 51%[WPC] 49% Because December 1, 2012 was a Saturday, the appeal petition was due on the next business day: Monday, December 3, 2012.

  • The Members shall have the Percentage Interests in the Company as set forth opposite each Member's name below: Member Percentage Interest [Name] [percentage] [Name] [percentage] [Name] [percentage] The Percentage Interest of the Members shall be subject to adjustment as provided in Section 6.3.

  • To the extent the cash flow or working capital of the Company is insufficient to pay the Company Property Obligations on a monthly basis, the Members agree that any shortfall in the Company's ability to pay shall be met with a monthly capital contribution by the Members in proportion to their Member Percentage Interest, without the need for a formal capital call or vote by the Managers or the Members.


More Definitions of Member Percentage Interest

Member Percentage Interest means the percentage interest of a Member in certain allocations and distributions, as set forth on Exhibit C hereto.
Sample 1
Member Percentage Interest means, at any time with respect to a Member, a percentage equal to a fraction, (a) the numerator of which is the number of Units held by such Member at such time and (b) the denominator of
Sample 1
Member Percentage Interest means, at any time with respect to a Member, a percentage equal to a fraction, (a) the numerator of which is the number of Units held by such Member at such time and (b) the denominator of which is the aggregate number of Units held by all Members at such time, in each case as reflected in the books and records of the Company.
Sample 1
Member Percentage Interest or “Percentage Interest” means the percentage of a Member set forth opposite the name of such Member under the column “Member’s Percentage Interest” in Exhibit A hereto.
Sample 1

Related to Member Percentage Interest

  • Percentage Interest means, with respect to each Note Holder, a fraction, expressed as a percentage, the numerator of which is the Note Principal Balance of the Note held by such Note Holder and the denominator of which is the sum of the Note Principal Balances of all of the Notes.

  • Class A Percentage Interest means, with respect to a Class A Member as of a given date, that percentage obtained by dividing the total number of Class A Units owned by such Member by the total number of Class A Units issued and outstanding.

  • Members’ Percentage Interests means the ownership percentage interests as mentioned in Section I of this Agreement. During each fiscal year, the net profits and net losses of the Company (other than from capital transactions), and each item of income, gain, loss, deduction, or credit entering into the computation thereof, shall be credited or charged, as the case may be, to the capital accounts of each Member(s) in proportion to the Members' Percentage Interests. The net profits of the Company from capital transactions shall be allocated in the following order of priority: (a) to offset any negative balance in the capital accounts of the Member(s) in proportion to the amounts of the negative balance in their respective capital accounts, until all negative balances in the capital accounts have been eliminated; then (b) to the Member(s) in proportion to the Members’ Percentage Interests. The net losses of the Company from capital transactions shall be allocated in the following order of priority: (a) to the extent that the balance in the capital accounts of any Member(s) are in excess of their original contributions, to such Member(s) in proportion to the excess balances until all such excess balances have been reduced to zero; then (b) to the Member(s) in proportion to the Members’ Percentage Interests. The cash receipts of the Company shall be applied in the following order of priority: (a) to the payment of interest or amortization on any mortgages on the assets of the Company, amounts due on debts and liabilities of the Company other than those due to any Member(s), costs of the construction of the improvements to the assets of the Company and operating expenses of the Company; (b) to the payment of interest and establishment of cash reserves determined by the Member(s) to be necessary or appropriate, including without limitation, reserves for the operation of the Company’s business, construction, repairs, replacements, taxes and contingencies; and (d) to the repayment of any loans made to the Company by any Member(s). Thereafter, the cash receipts of the Company shall be distributed among the Member(s) as hereafter provided. Except as otherwise provided in this Agreement or otherwise required by law, distributions of cash receipts of the Company, other than from capital transactions, shall be allocated among the Member(s) in proportion to the Members’ Percentage Interests. Except as otherwise provided in this Agreement or otherwise required by law, distributions of cash receipts from capital transactions shall be allocated in the following order of priority: (a) to the Member(s) in proportion to their respective capital accounts until each Member(s) has received cash distributions equal to any positive balance in their capital account; then (b) to the Member(s) in proportion to the Members' Percentage Interests. It is the intention of the Member(s) that the allocations under this Agreement shall be deemed to have “substantial economic effect” within the meaning of Section 704 of the Internal Revenue Code and Treas. Reg. Section 1.704-1. Should the provisions of this Agreement be inconsistent with or in conflict with Section 704 of the Code or the Regulations thereunder, then Section 704 of the Code and the Regulations shall be deemed to override the contrary provisions thereof. If Section 704 of the Regulations at any time require that limited liability company operating agreements contain provisions which are not expressly set forth herein, such provisions shall be incorporated into this Agreement by reference and shall be deemed a part of this Agreement to the same extent as though they had been expressly set forth herein.

  • Member Interest means an equity interest of a Member in the Company and includes any and all benefits to which such Member is entitled as provided in this Agreement, together with all obligations of such Member pursuant to the terms and provisions of this Agreement.

  • Class A Member means a Member holding one or more Class A Ordinary Shares.

  • Book Capital Account means, for any Holder at any time, the Book Capital Account of the Holder for such day, determined in accordance with Section 8.1 hereof.

  • Economic Capital Account Balance has the meaning provided in Section 5.1(e) hereof.

  • Economic Interest means a Person’s right to share in the income, gains, losses, deductions, credits, or similar items of the Company, and to receive Distributions from the Company, but excluding any other rights of a Member, including the right to vote or to participate in management, or, except as may be provided in the Act, any right to information concerning the business and affairs of the Company.

  • Sharing Percentage means, with respect to any Partner and any Portfolio Investment, a fraction, expressed as a percentage: the numerator of which is the aggregate amount of Capital Contributions made by such Partner and used to fund the cost of such Portfolio Investment; and the denominator of which is the aggregate amount of Capital Contributions made by all Partners and used to fund the cost of such Portfolio Investment.

  • Class B Interest Each of the Class B-1 and Class B-2 Interests.

  • Unreturned Capital Contributions means, as to each Member, the aggregate Capital Contributions made to the Company by such Member minus the aggregate distributions of such Capital Contributions made to such Member from the Company pursuant to Sections 3.2(b) and 6.2(a)(ii) hereof.