Sharing Ratios means the percentages in which the Partners participate in, and bear, certain Partnership items specified in this Agreement. The initial Capital Sharing Ratios of the Partners are as follows: Developer Partner 1% Limited Partner 99%
Sharing Ratios means each Member's membership interest in the Company. The Member's "Sharing Ratios" shall initially be as follows: MCNIC 75% Crown 25%
Sharing Ratios means, initially, the ratio of each Partner's initial Capital Contribution to the total initial Capital Contributions of all Partners, as reflected on Schedule B hereto. Upon the occurrence of a Revaluation Event, the Sharing Ratios shall be redetermined by the General Partner based on the ratio of each Partner's Capital Account balance (as adjusted to reflect the Revaluation Event) to the total Capital Account balances (as adjusted to reflect the Revaluation Event) of all Partners.
Examples of Sharing Ratios in a sentence
The terms of admission or issuance must specify the Sharing Ratios applicable thereto and may provide for the creation of different classes or groups of Members or Membership Interests having different (including senior) rights, powers and duties.
In the event that any tax is imposed on the Trust, such tax shall be charged against amounts otherwise distributable to the Owners in proportion to their respective Sharing Ratios.
Nonrecourse Deductions for any Fiscal Year shall be specially allocated among the Owners in proportion to their Sharing Ratios.
The terms of admission or issuance must specify the Sharing Ratios applicable thereto and may provide for the creation of different classes or groups of Members having different rights, powers and duties.
In the event that there is any remaining Loss in excess of the limitation set forth in Section 7.02(c), such remaining Loss shall be allocated among the Owners in proportion to their respective Sharing Ratios.
More Definitions of Sharing Ratios
Sharing Ratios means the percentages in which the Members participate in, and bear, certain items of income, expenses and credits generated by the Company or by each (separate) Series. Sharing Ratios shall be established separately for each Series and for each Series Member therein, and separately for the Company and each Member therein so as to govern the sharing of any items not generated by any Series within the Company.
Sharing Ratios means the percentages in which the Members participate in, and bear, certain items. The initial Management Sharing Ratios (and the initial Members with respect to the Management) are as follows: Management 100% % 100%
Sharing Ratios means, in respect of the Holders, the following percentages: Xxx: 28 % Stonehenge: 60 % Summit: 12 %
Sharing Ratios means the percentages in which the Members participate in, and bear, certain items. The Sharing Ratios of the Members may be modified from time to time as provided for herein, including, without limitation, pursuant to Section 3.1(b) hereof. The initial Sharing Ratios of the Members are as follows:
Sharing Ratios means 90% for the Class A Member and 10% for the Class B Members (5% for the Investor and 5% for ECT). SUBORDINATED LOAN AGREEMENT - the Credit and Subordination Agreement dated as of February 4, 1999, between Enron and the Company, as such Credit and Subordination Agreement may be amended, modified or supplemented from time to time, including amendments, modifications, supplements and restatements thereof giving effect to increases, renewals, extensions, refundings, deferrals, restructurings, replacements or refinancings with the same or different lenders of, or additions to, the arrangements provided in such Credit and Subordination Agreement. SUBORDINATED NOTE DOCUMENTS - the meaning specified in the Subordinated Loan Agreement.
Sharing Ratios means, as of the date hereof, fifty percent (50%) for Xxxxxx Xxxxxx Member, twenty-five percent (25%) for Sempra Member and twenty five percent (25%) for ConocoPhillips Member, or any different percentages for such Members or any additional Members as certified in a writing (which shall constitute a permissible amendment to this Agreement) delivered to each Member by the Board that reflects any adjustment to the Sharing Ratios in connection with the admission or withdrawal of any Member, by Transfer or otherwise (in each case), or Transfer of Membership Interests between Members, in accordance with the terms of this Agreement, which adjustment, if not resulting from a Transfer of a Membership Interest, shall increase or decrease the Sharing Ratios of the Members in a manner proportional to their then-existing Sharing Ratios.
Sharing Ratios means the percentages set forth adjacent to each Member’s name at “Sharing Ratios” of the Members as reflected on Exhibit A, attached hereto and made a part hereof, as amended from time to time.