Sharing Percentage definition
Sharing Percentage means, with respect to any Member, a percentage, expressed as a fraction the numerator of which is the number of Units held by such Member and the denominator of which is the aggregate number of Units held by all Members.
Sharing Percentage means, with respect to any Partner and any Portfolio Investment, a fraction, expressed as a percentage: the numerator of which is the aggregate amount of Capital Contributions made by such Partner and used to fund the cost of such Portfolio Investment; and the denominator of which is the aggregate amount of Capital Contributions made by all Partners and used to fund the cost of such Portfolio Investment.
Sharing Percentage means, with respect to any LTIP Unit, such percentage, if any, that is specified as such in the Vesting Agreement or other documentation pursuant to which such LTIP Unit was issued.
Examples of Sharing Percentage in a sentence
The Special LTIP Unit Sharing Percentage will equal 10% and the Distribution Participation Date will be the vesting date.
Prior to achieving its Full Distribution Participation Date, the amount distributable with respect to a Performance LTIP Unit shall equal the product of the Initial Sharing Percentage for such Performance LTIP Unit and the amount otherwise distributable with respect to such Performance LTIP Unit pursuant to Section 4.06(b).
More Definitions of Sharing Percentage
Sharing Percentage is defined in Section 5.1.
Sharing Percentage means, as to a Partner, the percentage obtained by dividing the Units of such Partner by an amount equal to the total Units of all Partners. The Partners hereby agree that their Sharing Percentages shall constitute their interests in the Partnership profits for purposes of determining their respective shares of the Partnership’s “excess nonrecourse liabilities” (within the meaning of section 1.752-3(a)(3) of the Regulations).
Sharing Percentage means, with respect to a Non-Managing Member (including the Managing Member with respect to any Non-Managing Member Units held by the Managing Member) or Assignee, its share of the NMM Sharing Percentage based on its share of the Non-Managing Member Units and, with respect to the Managing Member (in its capacity as the Managing Member), one hundred percent (100%) minus the NMM Sharing Percentage.
Sharing Percentage means, with respect to the LuxCo 3 Bonds (including for all purposes of this definition any instruments, documents or other agreements which from time to time refinance or replace in whole or in part or which may be issued in lieu of or in substitution for the LuxCo 3 Bonds of either series pursuant to the Reorganization), (i) 100% for the LuxCo 3/RPI Bonds and 0% for the LuxCo 3/RPIFT Bonds until the earlier of (x) the date on which an amount equal to the full amount of the Target Net Cash (or, if less, the aggregate original principal amount of the LuxCo 3/RPI Bonds) is paid by BidCo to LuxCo 3 (or any successor payor or payee thereof) and applied by LuxCo 3 to prepay or redeem the LuxCo 3/RPI Bonds (and commensurately by RP Investments to repay the Bridge Term Loans by a like principal amount) and (y) the date on which the amount of the Target Net Cash first becomes zero, and (ii) thereafter 0% for the LuxCo 3/RPI Bonds and 100% for the LuxCo 3/RPIFT Bonds.
Sharing Percentage means (23) 33% if KCI is a member of the Company Group or (23) 100% if KCI is not a member of the Company Group.
Sharing Percentage means, at any time:
Sharing Percentage means (23) 67% if LifeCell Corporation is a member of the Company Group or (23) 100% if LifeCell Corporation is not a member of the Company Group.