Ownership Percentages. Each Partner's beneficial ownership interest in the Partnership ("Partnership Interest") is in the following respective percentage ("Ownership Percentage"): General Partner 1% Limited Partner 99%
Ownership Percentages. The percentage interest of each Partner will be determined by dividing the balance of such Partner's capital account by the total of all of the capital accounts of all Partners. A Partner's percentage interest will be determinative of: (a) a Partner's ownership interest in the Partnership as an entity; (b) a Partner's interest in the distribution of Distributable Cash; (c) a Partner's allocable share of the items of Profits and Losses; and (d) a Partner's distributive share of cash and other property upon dissolution of the Partnership.
Ownership Percentages. On the Effective Date, Xxxxxxxxx and Nestlé will each have an Ownership Percentage equal to fifty percent (50%).
Ownership Percentages. The Capital Accounts (§ 6.4) of each Limited Partner (§ 4.1) represents their equity in the Fund. The Ownership Percentage of a Limited Partner is the summation of all Capital Accounts of the Limited Partner (§ 6.11) divided by the Net Asset Value (NAV) of the Fund (§ 6.9).
Ownership Percentages. The Parties hereby agree that neither a failure of the Investor Equity Interests to comprise 51% of the Company’s outstanding Equity Interests nor a failure of the AmTrust Equity Interests to comprise 49% of the Company’s outstanding Equity Interests, as contemplated by the definition of “Coinvestor Cash Contribution” and the amendment to Section 2.1(c) of the Purchase Agreement in this Amendment, shall be deemed to be a breach of any provision of the Purchase Agreement (including the applicable representations and warranties in Section 3.4(a) of the Purchase Agreement) solely to the extent such failure directly results from the issuance of Common Units of the Company in respect of the Coinvestor Cash Contribution.
Ownership Percentages. Each Partner shall initially have an Ownership Interest in the Partnership determined in accordance with Sections 1.5 and 2.1 above. After the contributions have been made in response to each Capital Call, the interest in the Partnership ("Ownership Interest") held by each Partner shall equal the percentage derived by multiplying the Partner's total capita contributions by one hundred and then dividing by the total capital contributions made by all of the Partners.
Ownership Percentages. 4.11(b) Person.................................................................................................1.
Ownership Percentages. The ownership percentages shall be set forth on Schedule A.”
Ownership Percentages. The beneficial ownership interest of each Interest Holder in the Partnership (“Ownership Percentage”) shall initially be as set forth in Exhibit A attached hereto, which is the percentage determined by dividing each Interest Holder’s initial Capital Account by the aggregate initial Capital Accounts of all Interest Holders. In the event that the General Partner deems it appropriate to adjust the Capital Accounts of the Interest Holders to reflect the economic relationship of the Interest Holders, each Interest Holder’s Capital Account shall be increased or decreased, as the case may be, to reflect that Interest Holder’s portion of the change in the Gross Asset Value of each item of Partnership Property. After the Gross Asset Value of the Partnership Property is so adjusted and all existing Interest Holders’ Capital Accounts are adjusted to reflect their then respective Ownership Percentages, the additional Capital Contributions, whether from the addition of a new Partner or a non pro rata contribution, shall be added to the Capital Account of the contributing Interest Holder. After all such increases are reflected on the Partnership's books and records, each Interest Holder's Ownership Percentage shall be recalculated by dividing the Interest Holder's Capital Account by the aggregate of the Capital Accounts of all Interest Holders.
Ownership Percentages. Each Party shall initially have an ownership interest in the partnership as set forth in Schedule A. After contributions have been made in response to each Capital Call, the Ownership Interest held by each Party shall equal the percentage derived by dividing such Party's total capital contributions by the total capital contributions made by all of the Parties.
