Calculation Rules and Conventions. The Managing Member will employ the following calculation rules and conventions in determining the Internal Rate of Return of a Class B Member: (i) Continuity of Ownership. The Managing Member will treat ownership of each Class B Unit as being continuous from the applicable Acquisition Date with respect to such Class B Units to the date as of which the calculation is being made without regard to any change in ownership of such Class B Unit during such period.
Appears in 7 contracts
Sources: Limited Liability Company Agreement (XPLR Infrastructure, LP), Limited Liability Company Agreement (XPLR Infrastructure, LP), Limited Liability Company Agreement (XPLR Infrastructure, LP)
Calculation Rules and Conventions. The Managing Member will employ the following calculation rules and conventions in determining the Internal Rate of Return of a Class B Member:
(i) Continuity of Ownership. The Managing Member will treat ownership of each the Class B Unit Units as being continuous from the applicable Acquisition Effective Date with respect to such Class B Units to the date as of which the calculation is being made without regard to any change in ownership of such the Class B Unit Units during such period.
Appears in 6 contracts
Sources: Limited Liability Company Agreement (NextEra Energy Partners, LP), Limited Liability Company Agreement (NextEra Energy Partners, LP), Contribution Agreement (NextEra Energy Partners, LP)
Calculation Rules and Conventions. The Managing Member will employ the following calculation rules and conventions in determining the Internal Rate of Return of a Class B Member:
(i) Continuity of Ownership. The Managing Member will treat ownership of each the Class B Unit Units as being continuous from the applicable Acquisition Effective Date with respect to such Class B Units to the date as of which the calculation is being made without regard to any change in ownership of such the Class B Unit Units during such period.. 953901.04-WILSR01A - MSW
Appears in 1 contract
Sources: Limited Liability Company Agreement (XPLR Infrastructure, LP)
Calculation Rules and Conventions. The Managing Member will employ the following calculation rules and conventions in determining the Internal Rate of Return of a Class B Member:: 118
(i) Continuity of Ownership. The Managing Member will treat ownership of each Class B Unit as being continuous from the applicable Acquisition Date with respect to such Class B Units to the date as of which the calculation is being made without regard to any change in ownership of such Class B Unit during such period.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Nextera Energy Partners, Lp)
Calculation Rules and Conventions. The Managing Member will employ the following calculation rules and conventions in determining the Internal Rate of Return of a Class B Member:
(i) Continuity of Ownership. The Managing Member will treat ownership of each the Class B Unit Units as being continuous from the applicable Acquisition Effective Date with respect to such Class B Units to the date as 953941.04-WILSR01A - MSW of which the calculation is being made without regard to any change in ownership of such the Class B Unit Units during such period.
Appears in 1 contract
Sources: Limited Liability Company Agreement (XPLR Infrastructure, LP)