Class A Percentage Interest definition

Class A Percentage Interest means, with respect to a Class A Member as of a given date, that percentage obtained by dividing the total number of Class A Units owned by such Member by the total number of Class A Units issued and outstanding.
Class A Percentage Interest means a fraction, expressed as a percentage, the numerator of which is the total of a Member’s Class A Preferred Units and the denominator of which is the total of all outstanding Class A Preferred Units.
Class A Percentage Interest. As of any date of determination, with respect to the Class A Regular Interest and the Class A Certificates, a percentage interest equal to a fraction, the numerator of which is the Certificate Balance of the Class A Certificates, and the denominator of which is the Certificate Balance of the Class A Regular Interest.

Examples of Class A Percentage Interest in a sentence

  • For the purpose of determining the Class A Percentage Interest in the foregoing sentence, all Equitized Class P Series Units shall be treated as Class A Units.


More Definitions of Class A Percentage Interest

Class A Percentage Interest means, with respect to a Class A Holder at any time and from time to time, a percentage equal to a fraction, the numerator of which is the number of Class A Units owned by such Class A Holder and the denominator of which is the aggregate number of Common Units owned by all Members.
Class A Percentage Interest means the interest in the Class A Portion of the Trust that is evidenced by a Class A Note and that is set forth on the face of such Note; provided, however, that the Issuer shall only issue Class A Notes evidencing in the aggregate Class A Percentage Interests totaling 100%. To the extent that, for federal income tax purposes, the Class A Notes constitute indebtedness, all references in this Agreement to Holders of Class A Notes owning a specified percentage of the outstanding Class A Note Principal Balance shall be construed to mean Holders of Class A Notes evidencing such specified percentage of the then outstanding indebtedness.
Class A Percentage Interest means, with respect to any Class A Member, the percentage interest set forth opposite such Class A Member’s name on Schedule A, as it may be modified or supplemented from time to time.
Class A Percentage Interest means, with respect to a Class A Member, the quotient (expressed as a percentage) obtained by dividing such Class A Member's Investment Balance by the aggregate Investment Balances of all Class A Members.
Class A Percentage Interest means, with respect to any Partner, the quotient obtained by dividing the aggregate number of Class A Units then owned by such Partner by the aggregate number of Class A Units then owned by all Partners; provided that Unvested Units shall not be taken into account in determining such quotient unless if the General Partner determines to make distributions in respect of Unvested Units pursuant to Section 4.01.
Class A Percentage Interest means the interest in the Class A Portion of the Trust that is evidenced by a Class A Certificate and that is set forth on the face of such Certificate; provided, however, that the Trustee shall only issue Class A Certificates evidencing in the aggregate Class A Percentage Interests totalling 100%. To the extent that, for federal income tax purposes, the Class A Certificates constitute indebtedness, all references in this Agreement to Holders of Class A Certificates owning a specified percentage of the outstanding Class A Certificate Principal Balance shall be construed to mean Holders of Class A Certificates evidencing such specified percentage of the then outstanding indebtedness.