Vested Percentage Interest definition

Vested Percentage Interest means, with respect to any Partner, the quotient obtained by dividing the number of Vested Units then owned by such Partner by the number of Vested Units then owned by all Partners.
Vested Percentage Interest means, with respect to any Member, the quotient obtained by dividing the number of Vested Units then owned by such Member by the number of Vested Units then owned by all Members.
Vested Percentage Interest means, with respect to any Partner, the quotient obtained by dividing the number of Vested Units and Vested Interests then owned by such Partner by the number of Vested Units and Vested Interests then owned by all Partners.

Examples of Vested Percentage Interest in a sentence

  • Except as otherwise provided in Section 4.13, this Article V or in any Award Agreement, the purchase price to be paid for Membership Interests purchased pursuant to this Agreement (the “Purchase Price”) shall equal the Fair Market Value (hereinafter defined) of such Membership Interests (which shall reflect their Vested Percentage Interest).


More Definitions of Vested Percentage Interest

Vested Percentage Interest. See Section 15.3.
Vested Percentage Interest means that Percentage Interest owned by the Employees which are vested pursuant to this Section 15.3. The termUnvested Percentage Interest” means that Percentage Interest owned by the Employees which are not Vested Percentage Interest.
Vested Percentage Interest means the amount specified on Annex A -------------------------- ------- for the relevant period.
Vested Percentage Interest means, with respect to any Partner, the fraction, expressed as a percentage, the numerator of which is the number of Vested Units held by such Partner as of the date of determination and the denominator of which is the total number of Vested Units outstanding as of the date of determination.
Vested Percentage Interest has the meaning given to that term in Section 3.05. Other terms defined herein have the meanings so given them.
Vested Percentage Interest has the meaning specified in Section 2.3(c).
Vested Percentage Interest means a Participant’s vested interest in the Gains Interest as determined pursuant to Section 7.