Examples of Ownership Percentages in a sentence
The Manager shall determine at the time of such issuance of Membership Interests the Ownership Percentage of such newly admitted Member (with the Ownership Percentages of the then existing Members being decreased respectively).
The obligations of the Owners pursuant to this Section 8.02 shall be borne (as between the Owners inter se) in proportion to their respective Ownership Percentages.
Any loss from the sale or exchange of all or substantially all of the Company’s assets shall be allocated first, so as to equalize the capital account balances of all Members holding the same number of Capital Units, and thereafter, the remaining losses shall be allocated to the Members, ratably in proportion to their Ownership Percentages.
Distributions shall be made to all Members ratably in proportion to their Ownership Percentages.
Upon such resignation, a successor tax matters partner shall be selected by a majority in interest of the Members (determined based on relative Ownership Percentages).