Ownership Percentage Interest definition

Ownership Percentage Interest means the percentage determined in accordance with Section 2.03 of this Agreement.
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Ownership Percentage Interest. For each Member, the ownership percentage in the Company, as set forth in Exhibit A. “Person.” Any individual or Entity, and the heirs, executors, administrators, legal representatives, successors and assigns of such “Person” where the context so permits.
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Ownership Percentage Interest means, as to a particular Shareholder, the quotient of (a) the number of Shareholder Common Shares held by such Shareholder immediately prior to the Effective Time and (b) the number of Shareholder Common Shares held by all Shareholders immediately prior to the Effective Time.
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Examples of Ownership Percentage Interest in a sentence

  • The activities undertaken during the investigation and alert phase and the organisations responsible for them are further detailed below.

  • For purposes of this motion, the Court will use Cohen’s enumeration of membership interests because he has provided documentation in support of it.provisions: Super Majority Vote: A super majority vote of the Members of the Company, based on Ownership Percentage Interest, shall be required prior to approval of any of the following matters: .

  • The Managing Partner may be replaced upon vote of Partner(s) having an aggregate of greater than fifty percent (50%) of the total Partnership Ownership Percentage Interest.

  • The Ownership Percentage Interest of each Member shall be set forth next to such Member’s name on Exhibit “A” attached hereto.

  • After giving effect to the special allocations set forth in Sections 3.4 and 3.5, Net Loss of the Partnership shall be allocated to the Partners in accordance with their Ownership Percentage Interest.

  • S ection 7.3—The Fair Hearing Authority The municipal officers will appoint a fair hearing authority (FHA) that will determine, based on all the evidence presented at the fair hearing, whether the claimant(s) were eligible to receive assistance at the time they applied for GA.

  • Pursuant to the terms of Article 8 above, the Manager shall determine the Ownership Percentage Interest of any newly admitted Member and determine the Ownership Percentage Interest of the previously-existing Members, some of which may be diluted and decreased respectively if such Member chose not to participate in an additional Capital Contribution.

  • If Xx. Xxxxx XxXxxx resigns from her position as the Representative, dies or otherwise becomes unable to serve as the Representative, Stockholders and Optionholders having an aggregate Ownership Percentage Interest greater than 50% shall select another representative to fill such vacancy and such successor Representative shall be deemed to be the Representative for all purposes of this Agreement and the Payment and Escrow Agreement.

  • United States 0.52 % No Resort Condominiums International de Venezuela, C.A. Wyndham Destination Network, LLC Venezuela 100 % Yes Resort Hospitality by Wyndham Wyndham Vacation Resorts Australia 100 % No Subsidiary Holder Jurisdiction Ownership Percentage Interest Pledged (Y/N) Pty Ltd Asia Pacific Pty.

  • Jurisdiction Ownership Percentage Interest Pledged (Y/N) Company, LLC Ownership, Inc.


More Definitions of Ownership Percentage Interest

Ownership Percentage Interest means the percentage interest of outstanding shares of capital stock directly or indirectly owned by Parent of a Subsidiary.
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Related to Ownership Percentage Interest

  • Ownership Percentage with respect to any Member means the percentage of ownership of a Member determined by taking the total Capital Units held by such Member divided by the aggregate total number of issued and outstanding Capital Units.

  • Percentage Interest As to any Certificate, the percentage interest evidenced thereby in distributions required to be made on the related Class, such percentage interest being set forth on the face thereof or equal to the percentage obtained by dividing the Denomination of such Certificate by the aggregate of the Denominations of all Certificates of the same Class.

  • Partnership Percentage means the percentage share of each Partner in the Net Income or Net Loss of the Partnership. The Partners’ initial Partnership Percentages shall be proportionate to the Partners’ initial Capital Contributions to the Partnership. Thereafter, subject to Section 1.68(g), such Partnership Percentages shall be adjusted only to reflect a disproportionate Capital Contribution by one or more Partners or a disproportionate distribution to one or more Partners, with disproportion being determined in accordance with Sections 4.2(a) and 4.5(b), except as set forth in Section 1.68(f).

  • Percentage Interests shall have the meaning specified in the Trust Agreement.

  • Members’ Percentage Interests means the ownership percentage interests as mentioned in Section I of this Agreement. During each fiscal year, the net profits and net losses of the Company (other than from capital transactions), and each item of income, gain, loss, deduction, or credit entering into the computation thereof, shall be credited or charged, as the case may be, to the capital accounts of each Member(s) in proportion to the Members' Percentage Interests. The net profits of the Company from capital transactions shall be allocated in the following order of priority: (a) to offset any negative balance in the capital accounts of the Member(s) in proportion to the amounts of the negative balance in their respective capital accounts, until all negative balances in the capital accounts have been eliminated; then (b) to the Member(s) in proportion to the Members’ Percentage Interests. The net losses of the Company from capital transactions shall be allocated in the following order of priority: (a) to the extent that the balance in the capital accounts of any Member(s) are in excess of their original contributions, to such Member(s) in proportion to the excess balances until all such excess balances have been reduced to zero; then (b) to the Member(s) in proportion to the Members’ Percentage Interests. The cash receipts of the Company shall be applied in the following order of priority: (a) to the payment of interest or amortization on any mortgages on the assets of the Company, amounts due on debts and liabilities of the Company other than those due to any Member(s), costs of the construction of the improvements to the assets of the Company and operating expenses of the Company; (b) to the payment of interest and establishment of cash reserves determined by the Member(s) to be necessary or appropriate, including without limitation, reserves for the operation of the Company’s business, construction, repairs, replacements, taxes and contingencies; and (d) to the repayment of any loans made to the Company by any Member(s). Thereafter, the cash receipts of the Company shall be distributed among the Member(s) as hereafter provided. Except as otherwise provided in this Agreement or otherwise required by law, distributions of cash receipts of the Company, other than from capital transactions, shall be allocated among the Member(s) in proportion to the Members’ Percentage Interests. Except as otherwise provided in this Agreement or otherwise required by law, distributions of cash receipts from capital transactions shall be allocated in the following order of priority: (a) to the Member(s) in proportion to their respective capital accounts until each Member(s) has received cash distributions equal to any positive balance in their capital account; then (b) to the Member(s) in proportion to the Members' Percentage Interests. It is the intention of the Member(s) that the allocations under this Agreement shall be deemed to have “substantial economic effect” within the meaning of Section 704 of the Internal Revenue Code and Treas. Reg. Section 1.704-1. Should the provisions of this Agreement be inconsistent with or in conflict with Section 704 of the Code or the Regulations thereunder, then Section 704 of the Code and the Regulations shall be deemed to override the contrary provisions thereof. If Section 704 of the Regulations at any time require that limited liability company operating agreements contain provisions which are not expressly set forth herein, such provisions shall be incorporated into this Agreement by reference and shall be deemed a part of this Agreement to the same extent as though they had been expressly set forth herein.

  • Class C Percentage Interest As of any date of determination, with respect to the Class C Certificates, a percentage interest equal to a fraction, the numerator of which is the Class Principal Balance of the Class C Certificates on such date, and the denominator of which is the Class Principal Balance of the Class C Regular Interest on such date.

  • Total Percentage Interest means, with respect to any Partner, the quotient obtained by dividing the number of Units (vested or unvested) then owned by such Partner by the number of Units then owned by all Partners.

  • Class B Percentage Interest As of any date of determination, with respect to the Class B Certificates, a percentage interest equal to a fraction, the numerator of which is the Class Principal Balance of the Class B Certificates on such date, and the denominator of which is the Class Principal Balance of the Class B Regular Interest on such date.

  • Certificate Percentage Interest means, with respect to a Certificate, the percentage specified on such Certificate as the Certificate Percentage Interest, which percentage represents the beneficial interest of such Certificate in the Trust. The initial Certificate Percentage Interest held by the Depositor shall be 100%.

  • Class A Percentage Interest means, as of any date, the percentage determined by dividing the number of Class A Units then held by a holder of Class A Units by the total number of Class A Units then outstanding.

  • Note B Percentage Interest means a fraction, expressed as a percentage, the numerator of which is the Note B Principal Balance and the denominator of which is the sum of the Note A Principal Balance and the Note B Principal Balance.

  • Economic Interest means a Person’s right to share in the income, gains, losses, deductions, credits, or similar items of the Company, and to receive Distributions from the Company, but excluding any other rights of a Member, including the right to vote or to participate in management, or, except as may be provided in the Act, any right to information concerning the business and affairs of the Company.

  • Aggregate Voting Interests The aggregate of the Voting Interests of all the Certificates under this Agreement.

  • Economic Capital Account Balances has the meaning set forth in Section 5.01(g) hereof.

  • Class R-IV Interest The uncertificated Residual Interest in REMIC IV.

  • Applicable Ownership Interest means, with respect to the Treasury portfolio,

  • Book Capital Account means, for any Holder at any time, the Book Capital Account of the Holder for such day, determined in accordance with Section 8.1 hereof.

  • Class R-I Interest The uncertificated Residual Interest in REMIC I.

  • Residual Ownership Interest Any record or beneficial interest in the Class R Certificates.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Economic Capital Account Balance has the meaning provided in Section 5.1(e) hereof.

  • Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds held in a Book Entry System.

  • Voting Interest With respect to any provisions hereof providing for the action, consent or approval of the Holders of all Certificates evidencing specified Voting Interests in the Trust Estate, the Holders of each Class of Certificates will collectively be entitled to the then applicable percentage of the aggregate Voting Interest represented by all Certificates equal to the ratio obtained by dividing the Principal Balance of such Class by the sum of the Class A Principal Balance and the Class B Principal Balance. Each Certificateholder of a Class will have a Voting Interest equal to the product of the Voting Interest to which such Class is collectively entitled and the Percentage Interest in such Class represented by such Holder's Certificates. With respect to any provisions hereof providing for action, consent or approval of each Class of Certificates or specified Classes of Certificates, each Certificateholder of a Class will have a Voting Interest in such Class equal to such Holder's Percentage Interest in such Class.

  • Class A Members means those Members who have purchased Class A Interests.

  • Class B Interests As set forth in the Trust Agreement.

  • Deemed Partnership Interest Value means, as of any date with respect to any class of Partnership Interests, the Deemed Value of the Partnership Interests of such class multiplied by the applicable Partner's Percentage Interest of such class.