Relative Percentage definition
Examples of Relative Percentage in a sentence
As used in this Agreement, all references to “majority in interest” and phrases of similar import shall be deemed to refer to such percentage or fraction of interest based on the Relative Percentage Interests of the Members subject to such determination.
As used in this Agreement, all references to “majority in interest” and phrases of similar import shall be deemed to refer to such percentage or fraction of interest based on the Relative Percentage Interests of the Partners subject to such determination.
Indebtedness of the Company treated as a “nonrecourse liability” (as defined in Treasury Regulation Section 1.752-1(a)(2)) shall be allocated to the Members based on their Relative Percentage Interests.
A Purchaser can exercise its option to participate in a Future Offering by delivering written notice thereof to participate to the Company within 10 business days of receipt of a Future Offering Notice, which notice shall state the quantity of securities being offered in the Future Offering that such Purchaser will purchase, up to its Relative Percentage of the Future Offering, and that number of securities it is willing to purchase in excess of its Relative Percentage of the Future Offering.
If one or more Investors elects not to or is deemed to have waived the right to participate in a purchase, the number of Equity Securities or Units otherwise available to such non-purchasing Investor may be purchased by the remaining Investors in accordance with the Relative Percentage Interests of such remaining Investors.