INVESTMENT PERCENTAGE. A percentage established for each Member on the Company’s books as of the first day of each Fiscal Period. The Investment Percentage of a Member for a Fiscal Period shall be determined by dividing the balance of the Member’s Capital Account as of the commencement of such period by the sum of the Capital Accounts of all of the Members as of the commencement of such period. The sum of the Investment Percentages of all Members for each Fiscal Period shall equal 100%.
Appears in 25 contracts
Samples: Limited Liability Company Agreement (PNC Alternative Strategies Fund LLC), Limited Liability Company Agreement (PNC Absolute Return TEDI Fund LLC), Limited Liability Company Agreement (Mercantile Absolute Return Fund LLC)
INVESTMENT PERCENTAGE. A percentage established for each Member on the Company’s 's books as of the first day of each Fiscal Period. The Investment Percentage of a Member for a Fiscal Period shall be determined by dividing the balance of the Member’s 's Capital Account as of the commencement of such period by the sum of the Capital Accounts of all of the Members as of the commencement of such period. The sum of the Investment Percentages of all Members for each Fiscal Period shall equal 100%.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (Mercantile Alternative Strategies Fund LLC), Limited Liability Company Agreement (Mercantile Absolute Return Fund LLC), Liability Company Agreement (Mercantile Long Short Manager Fund LLC)
INVESTMENT PERCENTAGE. A percentage established for each Member on the Company’s Portfolio's books as of the first day of each Fiscal Period. The Investment Percentage of a Member for a Fiscal Period shall be determined by dividing the balance of the Member’s 's Capital Account as of the commencement of such period by the sum of the Capital Accounts of all of the Members as of the commencement of such period. The sum of the Investment Percentages of all Members for each Fiscal Period shall equal 100%.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Growth Capital Portfolio, LLC)
INVESTMENT PERCENTAGE. A percentage established for each Member on the CompanyPortfolio’s books as of the first day of each Fiscal Period. The Investment Percentage of a Member for a Fiscal Period shall be determined by dividing the balance of the Member’s Capital Account as of the commencement of such period by the sum of the Capital Accounts of all of the Members as of the commencement of such period. The sum of the Investment Percentages of all Members for each Fiscal Period shall equal 100%.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Growth Capital TEI Portfolio, LLC)
