Voting Percentage Interest definition

Voting Percentage Interest means, as to a Partner, its voting interest in the Partnership as determined by dividing the total number of Voting Units owned by such Partner by the total number of Voting Units then outstanding as specified in in the Partner Registry.

Voting Percentage Interest means, as to each Member, such Member’s Membership Interest, expressed as a percentage, in the voting rights of the Company, subject however to, and as may be affected and adjusted by, the provisions of this Agreement. The initial Voting Percentage Interest of each Member is set forth on Schedule A hereto.

Voting Percentage Interest with respect to a Member means the ratio of the number of Voting Units held by the Member, directly or indirectly, of record or beneficially, to the total of all of the issued and outstanding Voting Units held by Members, expressed as a percentage. Voting Units held by a Member that are ineligible to vote shall not be counted in the numerator or the denominator when determining such ratio.

Examples of Voting Percentage Interest in a sentence

• Each Member’s voting powers shall be in proportion to their respective Voting Percentage Interest.

• The Members present at a duly called or held meeting at which a quorum is present may continue to do business until adjournment, notwithstanding the loss of a quorum, if any action taken after loss of a quorum (other than adjournment) is approved by at least Members holding a Majority Interest of Voting Percentage Interest.

• Unless this Agreement provides for a greater or lesser number of votes or limits or denies voting rights, each holder of a Membership Interest shall be entitled to one vote for each percent of Voting Percentage Interest held by such holder (for the avoidance of doubt, this shall mean that there are a total of 100 votes and a Member with a Voting Percentage Interest of 25% would be entitled to 25 votes) on each matter submitted to a vote at a meeting of Members.

• If Sprint shall cease to be a General Partner, then the Partner with the greatest Voting Percentage Interest, acting in its capacity as a General Partner, shall thereafter act as the Tax Matters Partner.

• The Representative(s) of each General Partner or of the General Partners in a Related Group shall together have voting power equal to the Voting Percentage Interest held by such General Partner or the aggregate Voting Percentage Interest of the General Partners in such Related Group, as applicable, as in effect from time to time.

More Definitions of Voting Percentage Interest

Voting Percentage Interest with respect to any particular Member, indicates that percentage of the total Voting Interests, assuming for such purpose that all Voting Interests in the Company constitute a single class of Units, represented by such Member's Voting Interest.

Voting Percentage Interest means the percentage of the total Voting Units held by a Member.

Voting Percentage Interest means, as of any date and with respect to any Partner that as of such date is entitled to designate one or more members of the Management Committee, the ratio (expressed as a percentage) of such Partner's Percentage Interest to the aggregate Percentage Interests of all Partners that are entitled to designate one or more members of the Management Committee.

Voting Percentage Interest means, for any Investor, the Investor's percentage interest in Series A Company Preferred Stock held by the Investors, as set forth as a fraction whereby (a) the numerator is equal to the number of shares of Series A Company Preferred Stock owned by the Investor, and (b) the denominator is the number of shares of Series A Company Preferred Stock owned by all Investors. Each Investor's initial Voting Percentage Interest is set forth on EXHIBIT A hereto. USOL HOLDINGS, INC. AGREEMENT AMONG INVESTORS

Voting Percentage Interest means the quotient of (i) the number of shares of Common Stock held by a Stockholder divided by (ii) the total number of shares of Common Stock outstanding, in each case as of any date of determination and without giving effect to any conversion, exercise or exchange of Securities convertible into or exercisable or exchangeable for shares of Common Stock. The initial Voting Percentage Interest of each Stockholder is set forth opposite each such Stockholder's name on Appendix A. The aggregate Voting Percentage Interest of all Stockholders shall at all times be equal to one-hundred percent (100%).

Voting Percentage Interest means a Percentage Interest of a Member who is entitled to vote, as indicated on EXHIBIT B.

Voting Percentage Interest means the voting interest attributable to each LP Unit as set forth below (which voting interest shall be subject to the last sentence of this definition and the issuance of another class or series of LP Units pursuant to Section 4.4(a)): (a) prior to exercise of the Warrants and Conversion, each Class A Unit and each Class C Unit shall have a voting interest attributable thereto equal to 1/total number of Class A Units and Class C Units Outstanding, with such voting interests aggregated, voting together and treated as a combined class; (b) after exercise of the Warrants and Conversion, each Class A Unit and each Class C Unit shall have no voting interest; (c) prior to exercise of the Warrants and Conversion, each Class B Unit shall have no voting interest; and (d) after exercise of the Warrants and Conversion, each Class B Unit shall have a voting interest attributable thereto equal to 1/total number of Class B Units Outstanding. Notwithstanding the foregoing, with respect to the votes called for in the last paragraph of Section 4.4(a) and in Section 6.12(d), each Class A Unit and each Class C Unit shall have a voting interest as provided in clause (a) above and each Class B Unit shall have a voting interest as provided in clause (d) above.