Sharing Ratio definition

Sharing Ratio means, subject in each case to adjustments in accordance with this Agreement or in connection with Dispositions of Membership Interests, (a) in the case of a Member executing this Agreement as of the date of this Agreement or a Person acquiring such Member’s Membership Interest, the percentage specified for that Member as its Sharing Ratio on Exhibit A, and (b) in the case of Membership Interests issued pursuant to Section 3.01, the Sharing Ratio established pursuant thereto; provided, however, that the total of all Sharing Ratios shall always equal 100%.
Sharing Ratio means, subject in each case to adjustments in accordance with this Agreement or in connection with Dispositions of Membership Interests, (a) in the case of a Member executing this Agreement as of the date of this Agreement or a Person acquiring such Member’s Membership Interest, the percentage specified for that Member as its Sharing Ratio on Exhibit A and (b) in the case of Membership Interests issued pursuant to Section 3.1, the Sharing Ratio established pursuant thereto; provided, however, that the total of all Sharing Ratios shall always equal 100%.
Sharing Ratio means, with respect to any Owner, the ratio (expressed as a percentage) specified on Schedule A attached hereto.

Examples of Sharing Ratio in a sentence

  • With respect to any Capital Contribution made by a Member pursuant to this Section 5.2, the Company shall issue such additional number of Series A Units as is determined by the Board and sufficient to cause the Sharing Ratio of each Member to equal the percentage calculated by dividing (i) the aggregate amount of Capital Contributions made by such Member and (ii) the aggregate amount of Capital Contributions made by all Members.

  • Upon receipt of a Call Notice, each Member shall make any Capital Contributions in cash to the Company in an amount equal to such Member’s Sharing Ratio of the aggregate additional Capital Contributions requested pursuant to the applicable Call Notice in accordance with the terms of such Call Notice and Section 5.3. Other than as set forth in this Section 5.2 and Section 5.3, no Member shall be obligated to make any additional Capital Contributions after the Effective Date.


More Definitions of Sharing Ratio

Sharing Ratio with respect to any Member means the percentage set forth on Exhibit A, subject to change as herein provided.
Sharing Ratio. With respect to any Member, a fraction (expressed as a percentage), the numerator of which is the total of the Member’s Capital Account and the denominator of which is the total of all Capital Accounts of all Members (including Substituted Members) and Assignees.
Sharing Ratio. With respect to a Common Stock Equivalent, the ratio of (a) the distribution payable upon the liquidation and distribution of the Company on one share of such Common Stock Equivalent to (b) the distribution payable upon the liquidation and distribution of the Company on one share of Class A Common Stock.
Sharing Ratio means (a) in the case of a Partner executing this Agreement as of the date of this Agreement, the percentage specified for that Partner as its Sharing Ratio on Exhibit A, and (b) in the case of a Partnership Interest issued under Section 10.01(c) or 10.02, the Sharing Ratio established in that provision.
Sharing Ratio means for any Member, at a given time, the proportion that such Member’s Capital Contributions bear to the total Capital Contributions of all Members as of the date of such determination.
Sharing Ratio means the percentage ownership interest of a Member as stated on Schedule 1 attached hereto.
Sharing Ratio means with respect to any Limited Partner the percentage determined by dividing the number of Units held by such Limited Partner by the total number of Units held by all Limited Partners.