Sharing Ratio definition
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.