Membership Percentages. A membership percentage (a "Membership Percentage") shall be determined for each Member for any given series of Units for each Accounting Period of the Company by dividing (i) the number of Units owned by such Member within a given series by (ii) the aggregate number of outstanding Units of such series as of the beginning of such Accounting Period, after taking into account, in the case of both clause (i) and clause (ii), any Units issued or redeemed as of (or the day immediately after) the beginning of such Accounting Period. The aggregate Membership Percentages for each series of Units shall equal 100%.
Membership Percentages. 12 Section 4.05 Allocation of Net Capital Appreciation or Net Capital Depreciation. ............................................13 Section 4.06 Amendment of Incentive Allocation. .......................14 Section 4.07 Determination of Net Assets. .............................14 Section 4.08 Determination of Net Asset Value. ........................15 Section 4.09
Membership Percentages. 12 Section 4.05 Allocation of Net Capital Appreciation or Net Capital Depreciation...............................................12 Section 4.06
Membership Percentages. The "Membership Percentages" of the Members are as follows: MEMBER MEMBERSHIP PERCENTAGE ------ --------------------- Salem Radio Operations, LLC 1% Salem Media Corporation 99% --- Total 100% ===
Membership Percentages. 6 Section 6.5 Allocation of Net Capital Appreciation or Net Capital Depreciation............................................6 Section 6.6 Allocation of Profit and Loss for Federal Income Tax Purposes................................................7
Membership Percentages. A membership percentage (a “Membership Percentage”) shall be determined for each Member for any given series of Units for each Accounting Period of the Company by dividing (i) the number of Units owned by such Member within a given series by (ii) the aggregate number of outstanding Units of such series as of the beginning of such Accounting Period, after taking into account, in the case of both clause
Membership Percentages. This Limited Liability Company Agreement of Honda Titling D LLC, a Delaware limited liability company (the "Company"), dated as of May __, 1999, is between American Honda Finance Corporation ("AHFC"), a California corporation, and Honda Funding Inc., a Delaware corporation (the "Independent Member" and, together with AHFC, the "Members"); and
Membership Percentages. The Capital Accounts of each Member represents their equity in the Fund. The Membership Percentage of a Member is the summation of all Capital Accounts of the Member divided by the Net Asset Value (NAV) of the Fund.
Membership Percentages. Each Member holds the number of Class A Units and Class B Units set forth on Schedule A hereto.
