Initial Apportionment definition
Initial Apportionment for each Partner shall mean (i) in the case of 1992 Air, 1%, (ii) in the case of Air II, 0.1%, and (iii) in the case of each Limited Partner, the percentage amount set forth opposite such Limited Partner's name on such Partner's Limited Partner Signature Page.
Examples of Initial Apportionment in a sentence
If no such written request is presented to the Purchaser within the Initial Apportionment Statement Review Period, then the Initial Apportionment Statement shall be deemed to have been agreed and approved by the Seller and the Purchaser and shall be final and binding upon them.