Voting Percentage Interest definition

Voting Percentage Interest means, as to a Partner, its voting interest in the Partnership as determined by dividing the total number of Voting Units owned by such Partner by the total number of Voting Units then outstanding as specified in in the Partner Registry.

Voting Percentage Interest means, as to each Member, such Member’s Membership Interest, expressed as a percentage, in the voting rights of the Company, subject however to, and as may be affected and adjusted by, the provisions of this Agreement. The initial Voting Percentage Interest of each Member is set forth on Schedule A hereto.

Voting Percentage Interest with respect to a Member means the ratio of the number of Voting Units held by the Member to the total of all of the issued Voting Units, expressed as a percentage.

Examples of Voting Percentage Interest in a sentence

• The Members present at a duly called or held meeting at which a quorum is present may continue to do business until adjournment, notwithstanding the loss of a quorum, if any action taken after loss of a quorum (other than adjournment) is approved by at least Members holding a Majority Interest of Voting Percentage Interest.

• With respect to the Mandatory Voting Rights, subject to applicable Law, the Class B Members shall have a Voting Percentage Interest equal to one percent (1%) and shall vote with the Voting Interests as a single class.

• Each Member’s voting powers shall be in proportion to their respective Voting Percentage Interest.

• The name and mailing address of each Member and the number and class of Units held by each and the Percentage Interest and Voting Percentage Interest represented thereby shall be as listed in the Membership Record [on Schedule 1 attached hereto].

• Without limiting the effect of Section 7.1(d), all additional Units issued pursuant to this Section 6.3 shall be restricted from sale for a period of twelve (12) months after issuance unless otherwise agreed to by the affirmative vote of Members holding a majority of the Voting Percentage Interest.

More Definitions of Voting Percentage Interest

Voting Percentage Interest with respect to any particular Member, indicates that percentage of the total Voting Interests, assuming for such purpose that all Voting Interests in the Company constitute a single class of Units, represented by such Member's Voting Interest.

Voting Percentage Interest means, as of any date and with respect to any Partner that as of such date is entitled to designate one or more members of the Management Committee, the ratio (expressed as a percentage) of such Partner's Percentage Interest to the aggregate Percentage Interests of all Partners that are entitled to designate one or more members of the Management Committee.

Voting Percentage Interest means the percentage of the total Voting Units held by a Member.

Voting Percentage Interest means the quotient of (i) the number of voting Units held by a Member divided by (ii) the total number of issued and outstanding voting Units. At all times, the aggregate Voting Percentage Interests of all of the Members shall be equal to one hundred percent (100%).

Voting Percentage Interest with respect to a Member means the ratio of the number of Voting Units held by the Member, directly or indirectly, of record or beneficially, to the total of all of the issued and outstanding Voting Units held by Members, expressed as a percentage. Voting Units held by a Member that are ineligible to vote shall not be counted in the numerator or the denominator when determining such ratio. See Exchange LLC Agreement §1.1.

Voting Percentage Interest means, as of any date of determination, (i) as to any holder of Class A Common Units, Class B Units or Class M Units in its capacity as such, the product obtained by multiplying (a) 100% less the percentage applicable to the Units referred to in clause (iii) by (b) the quotient obtained by dividing (x) the number of Class A Common Units, Class B Units and Class M Units held by such holder by (y) the total number of all Outstanding Class A Common Units, Class B Units and Class M Units (ii) as to any holder of General Partner Units in its capacity as such with respect to such General Partner Units, 0%, and (iii) as to any holder of other Units in its capacity as such with respect to such Units, the percentage established for such Units by the General Partner as a part of the issuance of such Units.

Voting Percentage Interest means, as to each Member, such Member’s Membership Interest, expressed as a percentage, in the voting rights of the Company, subject however to, and as may be affected and adjusted by, the provisions of this Agreement. The Voting Percentage Interest of each Member is set forth on Schedule A hereto. (b) As used herein, the following terms shall have the following meanings: (i) “Hereof,” “hereby,” “herein,” “hereto,” “hereunder,” “herewith,” and similar terms mean of, by, to, under and with respect to, this Agreement or to the other documents or matters being referenced. (ii) “Heretofore” means before, “hereafter” means after, and “herewith” 6