Examples of Total Percentage Interest in a sentence
Any returned amounts shall be treated as Capital Contributions but shall not affect Alleghany’s Total Percentage Interest.
As of any date of determination, the Total Percentage Interest as to any Series A Holder in its capacity as such with respect to Series A Mirror Preferred Units shall be as of any date, the ratio (expressed as a percentage) of the number of Series A Mirror Preferred Units held by such holder on such date relative to the aggregate number of Series A Mirror Preferred Units then outstanding as of such date.
Unless otherwise specified in the relevant Award Agreement, no consideration or other payment (other than the repurchase payment, if any) shall be due with respect to any LTIP Units that have been forfeited; provided that with respect to any distribution declared with a record date prior to the effective date of such forfeiture, such forfeited LTIP Units shall be included in calculating the applicable holder’s Total Percentage Interest in accordance with Article IV of the Partnership Agreement.
After any such combination, each Partner shall have the same Total Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units shall not be adjusted.
The Managing Member may in its sole discretion at any time and from time to time, without the consent of any Member or other Person, cause to be Transferred in an Exchange Transaction any and all Units, except for Units held by (i) any Service Provider, (ii) any former Service Provider holding at least [·]%3 of the Total Percentage Interest or (iii) any Stockholder Party.