Partners; Percentage Interests Sample Clauses

Partners; Percentage Interests. The names of the Partners, their respective Percentage Interests, and the type of Partnership Interest held by each Partner are set forth on Exhibit A to this Agreement.
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Partners; Percentage Interests. The name and address of the Partners, the type of Partnership Interest held by each Partner and their respective percentage interests in the total outstanding Partnership Interests (“Percentage Equity Interest”) and Voting Interests (“Percentage Voting Interest”) are set forth on Exhibit A to this Agreement.
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Partners; Percentage Interests. A partner's percentage interest in this General Partnership shall be computed as a fraction, the numerator of which is the total of a partner's capital account and the denominator of which is the total of all capital accounts of all partners. This fraction shall be expressed in this agreement as a percentage, which shall be called each partner's "percentage interest" in this General Partnership.
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Partners; Percentage Interests. The names and Percentage Interests of the Partners are set forth on Schedule A hereto. ----------
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Partners; Percentage Interests. The names and addresses of the Partners, their respective percentage interests in the Partnership (“Percentage Interests”), and type of Partnership Interest held are as set forth on Schedule A.
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Partners; Percentage Interests. (a) The names and addresses of the Partners, their respective Percentage Interests, and type of Partnership Interest held by each Partner as of the Effective Date are set forth on Schedule A to this Agreement (the “Partners Schedule”).
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Partners; Percentage Interests. The names and addresses of the Partners, their respective percentage interests in the Partnership (“Percentage Interests”), and type of Partnership Interest held are as follows: Partners Percentage Interest Type of Interest MPLX Operations LLC 000 Xxxx Xxxxxx Xxxxxx Findlay, OH 45840 51.00 % General Partner MPL Investment LLC 000 Xxxxx Xxxx Xxxxxx Xxxxxxx, XX 00000 49.00 % Limited Partner
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Partners; Percentage Interests. The Partners of the Partnership shall consist of the parties hereto and such additional or substitute persons as shall be admitted as Partners from time to time by unanimous consent of all persons who are then Partners or as otherwise provided in this Agreement. The Partners' interests in the Partnership are hereinafter referred to as the "Partnership Interests." Schedule I, attached hereto, sets forth the percentage interest of each Partner (the "Percentage Interest"). Schedule I shall be amended from time to time in accordance with the terms hereof to reflect changes in Percentage Interests resulting from the admission of additional or substitute Partners, the withdrawal of Partners or the transfer of Partnership Interests. The combined Percentage Interest of all Partners shall at all times equal 100%.
Sample 1
Partners; Percentage Interests. The name, address and percentage of Partnership Interest of each Partner is shown on the attached Exhibit A (subject to adjustment in accordance with Section 6.3(a) hereof). To the extent substitute Partners are admitted to the Partnership, or percentages of Partnership Interest change, all in accordance with the terms hereof, this Agreement and Exhibit A hereto shall be deemed to be automatically amended to reflect the admission or substitution of such Partners whether or not the actual physical change has been made. Unless the context clearly indicates otherwise, (i) the terms "Partner" and "
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Related to Partners; Percentage Interests

  • Percentage Interests If the number of outstanding Partnership Units increases or decreases during a taxable year, each Partner’s Percentage Interest shall be adjusted by the General Partner effective as of the effective date of each such increase or decrease to a percentage equal to the number of Partnership Units held by such Partner divided by the aggregate number of Partnership Units outstanding after giving effect to such increase or decrease. If the Partners’ Percentage Interests are adjusted pursuant to this Section 4.6, the Profits and Losses for the taxable year in which the adjustment occurs shall be allocated between the part of the year ending on the day when the adjustment occurs and the part of the year beginning on the following day either (i) as if the taxable year had ended on the date of the adjustment or (ii) based on the number of days in each part. The General Partner, in its sole and absolute discretion, shall determine which method shall be used to allocate Profits and Losses for the taxable year in which the adjustment occurs. The allocation of Profits and Losses for the earlier part of the year shall be based on the Percentage Interests before adjustment, and the allocation of Profits and Losses for the later part shall be based on the adjusted Percentage Interests.

  • Percentage Interest Ownership of the Company shall be divided into, represented by, and each Member’s Percentage Interest shall be expressed in Units of the Company. The name, address, Units and Percentage Interest of each Member are set forth on Exhibit “A” attached hereto, which may be amended from time to time as necessary to reflect changes in the Percentage Interests and Units held by the Members.

  • Capital Contributions Capital Accounts The capital contribution of the Sole Member is set forth on Annex A attached hereto. Except as required by applicable law, the Sole Member shall not at any time be required to make additional contributions of capital to the Company. The capital accounts of the members shall be adjusted for distributions and allocations made in accordance with Section 8.

  • Partnership Funds Pending application or distribution, the funds of the Partnership shall be deposited in such bank account or accounts, or invested in such interest-bearing or non-interest bearing investment, including, without limitation, checking and savings accounts, certificates of deposit and time or demand deposits in commercial banks, U.S. government securities and securities guaranteed by U.S. government agencies as shall be designed by the General Partner. Such funds shall not be commingled with funds of any other Person. Withdrawals therefrom shall be made upon such signatures as the General Partner may designate.

  • Capital Accounts The Company will maintain a Capital Account for each Member on a cumulative basis in accordance with federal income tax accounting principles.

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