Capitalization Table definition
Examples of Capitalization Table in a sentence
Upon admission of a new Member pursuant to this Section 3.3, the Sharing Ratio of each Member shall be adjusted in accordance with the Members’ previous Sharing Ratios, and the Company shall amend the Capitalization Table, and, if appropriate, any other provision of this Agreement, to reflect the addition of the new Member and to reflect the adjustment in the Sharing Ratios and the rights and preferences of the Members after such issuance and any other rights and preferences applicable to the New Units.
The Members of the Company, their number of Units owned, their respective Undistributed Capital Amounts (if any), their Capital Account Balance, and their Sharing Ratios are set forth on the Capitalization Table.
Notwithstanding the foregoing, the failure of the Company to amend the Capitalization Table shall not prevent the effectiveness of or otherwise affect the underlying adjustments that would be reflected in such an amendment to the Capitalization Table.