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, 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).

Examples of Sharing Percentage in a sentence

• At the time of admission of each additional Partner, the General Partner shall determine in its sole discretion the GP-Related Investments and Capital Commitment Investments in which such Partner shall participate and such Partner’s GP-Related Commitment, Capital Commitment-Related Commitment, GP-Related Profit Sharing Percentage with respect to each such GP-Related Investment and Capital Commitment Profit Sharing Percentage with respect to each such Capital Commitment Investment.

• Notwithstanding the foregoing, the General Partner may also adjust the GP-Related Profit Sharing Percentage of any Partner for any annual accounting period at the end of such annual accounting period in its sole discretion.

• The books and records of the Partnership contain the Capital Commitment Profit Sharing Percentage and Capital Commitment-Related Commitment of each Partner (including, without limitation, the General Partner) with respect to the Capital Commitment Investments of the Partnership as of the date hereof.

• The books and records of the Partnership contain the GP-Related Profit Sharing Percentage and GP-Related Commitment of each Partner (including, without limitation, the General Partner) with respect to the GP-Related Investments of the Partnership as of the date hereof.

• In the case of the admission of any Member to the Company as an additional Member, the GP-Related Profit Sharing Percentages of the other Members shall be reduced by an amount equal to the GP-Related Profit Sharing Percentage allocated to such new Member pursuant to Section 6.1(b); such reduction of each other Member’s GP-Related Profit Sharing Percentage shall be pro rata based upon such Member’s GP-Related Profit Sharing Percentage as in effect immediately prior to the admission of the new Member.

More Definitions of Sharing Percentage

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.

Sharing Percentage is defined in Section 5.1.

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 the Borrower to repay the 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 (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.

Sharing Percentage means, at any time: