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.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

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

Each Member’s voting powers shall be in proportion to their respective Voting Percentage Interest.
Unless this Agreement provides for a greater or lesser number of votes or limits or denies voting rights, each holder of a Membership Interest shall be entitled to one vote for each percent of Voting Percentage Interest held by such holder (for the avoidance of doubt, this shall mean that there are a total of 100 votes and a Member with a Voting Percentage Interest of 25% would be entitled to 25 votes) on each matter submitted to a vote at a meeting of Members.
The Representative(s) of each General Partner or of the General Partners in a Related Group shall together have voting power equal to the Voting Percentage Interest held by such General Partner or the aggregate Voting Percentage Interest of the General Partners in such Related Group, as applicable, as in effect from time to time.
If Sprint shall cease to be a General Partner, then the Partner with the greatest Voting Percentage Interest, acting in its capacity as a General Partner, shall thereafter act as the Tax Matters Partner.
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.

More Definitions of Voting Percentage Interest

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

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, with respect to each Voting Interest Member, such Member’s right to vote with respect to any matter to be determined by the Voting Interest Members in accordance with the terms of this Agreement. Initially, Klamath Holdings has a 100% Voting Percentage Interest.

Voting Percentage Interest will mean the voting interest of each Member, expressed as a percentage, for purposes of voting on matters that are to be voted on, or otherwise approved, by the Members pursuant to the terms of this Agreement. Each Member’s Voting Percentage Interest shall, at any given time, be equal to such Member’s positive Capital Account balance divided by the aggregate positive Capital Account balances of the Members.

Voting Percentage Interest means, in respect of a Member, the percentage that is equal to such Member’s Participating Interest from time to time, (a) in the case of NovaGold, less an absolute 10% and (b) in the case of ▇▇▇▇▇▇▇, plus an absolute 10%, it being acknowledged that as of the Effective Date the Voting Percentage Interest of each Member is equal to fifty percent (50%); provided that for so long as NovaGold and ▇▇▇▇▇▇▇ are both Members, NovaGold’s Voting Percentage Interest shall not be less than 10% and ▇▇▇▇▇▇▇’▇ Voting Percentage Interest shall not be more than 90%

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%).