Examples of Partnership Percentage Interest in a sentence
Upon the removal, withdrawal, and conversion of the General Partner, the former General Partner shall retain its Limited Partnership Percentage Interest.
When entitled to vote on a matter being submitted to holders of Partnership Interests of more than one class or series, all classes of Interests in the Partnership shall vote together as one class with each interest in the Partnership having a vote equal to the Partnership Percentage Interest related to such Interest.
If the number of outstanding Partnership Units increases or decreases during a taxable year, each Partner’s Class Percentage Interest and Partnership Percentage Interest shall be adjusted by the General Partner effective as of the date of each such increase or decrease.
Each Partner's address and percentage interest in the Partnership ("Percentage Interest") are as follows: Percentage Partner Interest ------- ---------- General Partner: 1% Ocwen General, Inc.
If the number of outstanding Partnership Units increases or decreases during a taxable year, each Partner’s Class Percentage Interest and Partnership Percentage Interest shall be adjusted by the General Partner effective as of the date of each such increase or decrease to a percentage equal to the number of Partnership Units of a class or series held by such Partner divided by the aggregate number of Partnership Units of such class or series outstanding after giving effect to such increase or decrease.