Participating Percentage definition

Participating Percentage shall have the meaning ascribed to such term under Article IV hereof.

Participating Percentage means at any given time, as to each holder of a Unit or Units, the percentage of that Person’s Unit or Units to the total Units being measured and shall be determined by dividing the total number of Units held by such Person by the total number of outstanding Units and multiplying the quotient thereof by one hundred (100).

Participating Percentage means, as to each Member at any given time, the percentage equivalent of a fraction, the numerator of which is the total number of Common Units held by such Member, and the denominator of which is the total number of Common Units outstanding hereunder (all as determined on a Common Equivalent Basis).

Examples of Participating Percentage in a sentence

• The number of Units held by each Member shall not be affected by any (i) issuance by the Company of Units to other Members (although each Member’s Participating Percentage will be affected by any such issuance), or (ii) change in the Capital Account of such Member (other than such changes to reflect additional Capital Contributions from such Member in exchange for new Units).

• WALTZING MATILDA AVIATION, LLC EXHIBIT A SCHEDULE OF MEMBERS This Schedule, complete with the names and addresses of each Member, and their Capital Contribution, Units and Participating Percentage, is maintained at the Company’s office.

• The number of Units issued to Members and each Member’s Participating Percentage shall be listed in the books and records of the Company and set forth on Exhibit A hereto, which shall be amended from time to time by the Board of Managers as required to reflect issuances of Units to new Members, changes in the number of Units held by Members and the addition or cessation or withdrawal of Members.

More Definitions of Participating Percentage

Participating Percentage means with respect to a particular Member, the number of Units of membership in the Company owned by such person divided by the aggregate number of issued and outstanding Units of membership in the Company, adjusted as required by this Agreement. Distributions or allocations made in proportion to or in accordance with the participating percentages of the Members shall be based upon relative participating percentages as of the record date for distributions and in accordance with IRC section 706(c) and (d).

Participating Percentage means, with respect to each Participating Shareholder, the percentage determined by dividing (i) the number of Shares held by such Participating Shareholder on the Closing Date by (ii) the aggregate number of Shares held by all Participating Shareholders on the Closing Date.

Participating Percentage means, with respect to any Lender, the percentage of the total Commitments represented by such Lender's Commitment. If the Commitments have terminated or expired, the Participating Percentages shall be determined based upon the Commitments most recently in effect, giving effect to any assignments.

Participating Percentage means, initially, 15%, subject to adjustment only pursuant to Section 3.6;

Participating Percentage has the meaning given to such term in the RES Holdings I LLC Agreement.

Participating Percentage means and refer to the ownership interest in the Partnership represented by the number of Units held by a Partner or Record Holder and shall be that percentage calculated by dividing the total number of Units held by a Partner or Record Holder by the total number of Units outstanding.

Participating Percentage means, with respect to a distribution, at the time of such distribution, (a) if the aggregate Capital Contributions, including the Cost of any contributions of property made to the Company, made by all Class A-1 Members, Class A-2 Members and Class B Members is equal to or exceeds one hundred million Dollars ($100,000,000), a fraction, the numerator of which is one hundred million Dollars ($100,000,000), and the denominator of which is the aggregate Capital Contributions, including the Cost of any contributions made to the Company, made by all Class A-1 Members, Class A-2 Members and Class B Members, and (b) if the aggregate Capital Contributions made by all Class A-1 Members, Class A-2 Members and Class B Members since October 31, 2014 is less than one hundred million Dollars ($100,000,000), one hundred percent (100%). For the avoidance of doubt, references to Capital Contributions in the prior sentence shall include Capital Contributions attributable to any Class A-1 Units redeemed in connection with the Ranger Reorganization.