Percent Interest Clause Samples
The Percent Interest clause defines the specific ownership or participation percentage that a party holds in a joint venture, partnership, or similar arrangement. This percentage determines each party’s share of profits, losses, and decision-making authority, and is often used to allocate voting rights or distributions. By clearly specifying each party’s stake, the clause ensures transparency and prevents disputes over entitlements or responsibilities.
Percent Interest. None This Pledge Amendment, dated , 200 , is delivered pursuant to Section 6(c) of the Pledge Agreement referred to below. The undersigned hereby agrees that this Pledge Amendment may be attached to the Subsidiary Pledge Agreement dated as of June 28, 2002, between the undersigned, as a Pledgor, and Bank of America, N.A., as Secured Party (the "Pledge Agreement;" capitalized terms defined therein being used herein as therein defined), and that the [Pledged Shares / Pledged Interests] listed on this Pledge Amendment shall be deemed to be part of the [Pledged Shares] [Pledged Interests] and shall become part of the Collateral and shall secure all Secured Obligations. By: Name: Title: Stock Issuer Class of Stock Stock Certificate Nos. Par Value Number of Shares None None , 200 [NAME OF PARTNERSHIP/LLC] Attention: Ladies and Gentlemen: (the "Registered Owner"), hereby instructs [NAME OF PARTNERSHIP/LLC], a [STATE OF FORMATION] [TYPE OF ENTITY] (the "Issuer"), to register the pledge of all of the Registered Owner's rights, title, and interest in and to the Registered Owner's entire [limited/general partner] [membership] interests in the Issuer (the "Interests"), in favor of Bank of America, N.A. as Administrative Agent (the "Registered Pledges"), pursuant to the Subsidiary Pledge Agreement dated as of , 2002, as it may be amended or restated from time to time, between the Registered Owner, as a Pledgor, and the Registered Pledges. The Issuer is further instructed by the Registered Owner to promptly inform the Registered Pledges of the registration of this pledge by sending an initial transaction statement to the Registered Pledges to its office located at , Attention: . The Registered Owner hereby warrants that (a) it is an appropriate person to originate this instruction, (b) it is entitled to effect the instruction here given, and (c) its taxpayer identification number is . Very truly yours, By: Name: Title:
Percent Interest. Section 2. Assignee’s Commitment: $[●] Assignor’s Commitment after giving effect to assignment: $[●] Section 3. Transfer Date: Exhibit F-3 Exhibit G Intercreditor Collateral Agreement Exhibit G
Percent Interest. Section 2. Assignee’s Commitment: $[●] Assignor’s Commitment after giving effect to assignment: $[●] Section 3. Transfer Date: *This exhibit has been omitted in accordance with Item 601(a)(5) of Regulation S-K as it does not contain information material to an investment or voting decision. Exhibit G Exhibit G Intercreditor Collateral Agreement [***]*
Percent Interest. [Assignee’s Series 2011-1 Note Commitment: $]
Percent Interest. Date Wayne R. Weidner
Percent Interest. [ ] I hereby elect for payments to commence under Section 8 later than the date on which payments shall commence under the NPB Pension Plan (as defined in Section 8(a)(4) of the Agreement) or under any annuity acquired, or other plan or arrangement adopted, by NPB in substitution for benefits vested under the NPB Pension Plan, to wit: _____________________________. Note: This election is subject to the prior approval of NPB's Board of Directors (not to be unreasonably withheld).