Class B Percentage Interest definition

Class B Percentage Interest means, with respect to a Class B Member as of a given date, that percentage obtained by dividing the total number of Class B Units owned by such Member by the total number of Class B Units issued and outstanding.

Class B Percentage Interest. As of any date of determination, with respect to the Class B Regular Interest and the Class B Certificates, a percentage interest equal to a fraction, the numerator of which is the Certificate Balance of the Class B Certificates, and the denominator of which is the Certificate Balance of the Class B Regular Interest.

Class B Percentage Interest. As of any date of determination, with respect to the Class B Certificates, a percentage interest equal to a fraction, the numerator of which is the Class Principal Balance of the Class B Certificates on such date, and the denominator of which is the Class Principal Balance of the Class B Regular Interest on such date.

Examples of Class B Percentage Interest in a sentence

• Xxxxxxxx SCHEDULE A MEMBERS As of July 2, 2003 Member Class A Common Units Class B Common Units Class C Common Units Series B Preferred Units (issue date) Series C Preferred Units Capital Contribution (date of contribution) Class A/C Percentage Interest Class B Percentage Interest 7,500 500 29,537.15 2.535 (10/4/02) 227.86 $2,303,950 (1) (10/4/02) 74.07% 100% Xxxxxx X.

• This Agreement and the Articles of Organization may be modified or amended by a written amendment adopted by the Members pursuant to Section 13.2 of this Agreement or without a meeting of the Members, by a written amendment signed by Members owning two-thirds (2/3’s) of both the Class A Percentage Interests and Class B Percentage Interest.

• Xxxx Xx., 0xx Xxxxx Xxxxxxx, Xxxxx 00000 Email: xxxxxxx@xxxxxxxx.xxx Class A Members2: [to be listed individually on the securities register] 100%1 0%3 TOTAL: 100% 1 As provided by Section 6.3, each Class A Unit issued will reduce the Class B Percentage Interest by a 0.00208333% Percentage Interest and each Class A Unit redeemed, forfeited or repurchased by the Company will increase the Class B Percentage Interest by a 0.00208333% Percentage Interest.

• Notwithstanding the foregoing, an affirmative vote or written amendment signed by Members owning two-thirds (2/3’s) of both the Class A Percentage Interests and Class B Percentage Interest is required for the Company to amend the Articles of Organization or this Agreement.

• By: Name: Title: TCI 2 HOLDINGS, LLC By: Name: Title: SCHEDULE I CAPITAL CONTRIBUTIONS, CAPITAL ACCOUNT BALANCES, UNITS AND PERCENTAGE INTEREST AT EFFECTIVE DATE Class A Units Class B Units Partner Class A sub-Capital Account No. of Units Class A Percentage Interest Class B sub-Capital Account No. of Units Class B Percentage Interest Aggregate Capital Contributions Aggregate Capital Account Aggregate Percentage Interest Xxxxx Entertainment Resorts, Inc.

More Definitions of Class B Percentage Interest

Class B Percentage Interest means, the quotient of the Aggregate Certificate Balance of the Class B Certificates divided by the Certificate Balance of the Class B REMIC III Regular Interest. As of the Closing Date, the Class B Percentage Interest shall be 100.0%.

Class B Percentage Interest means with respect to each Class B Limited Partner the quotient (expressed as a percentage) of (i) such Class B Limited Partner’s Sharing Points, divided by (ii) the Sharing Points of all Class B Limited Partners. For purposes of calculating the Class B Percentage Interest, Sharing Points attributable to interests in the Partnership that are forfeited pursuant to Section 3.07 shall be ignored.

Class B Percentage Interest means for any Payment Date, a percentage equal to (i) the Outstanding Note Balance of the Class B Notes divided by (ii) the Aggregate Outstanding Note Balance.

Class B Percentage Interest means, with respect to each Partner, the fraction, expressed as a percentage, the numerator of which is the number of Class B Units held by such Partner and the denominator of which is the aggregate outstanding Class B Units held by all Partners.

Class B Percentage Interest means, with respect to any Class B Member, the percentage interest set forth opposite such Class B Member’s name on Schedule B, as it may be modified or supplemented from time to time.

Class B Percentage Interest means, with respect to a Class B Holder at any time and from time to time, a percentage equal to a fraction, the numerator of which is the number of Class B Units owned by such Class B Holder and the denominator of which is the aggregate number of Common Units owned by all Members.

Class B Percentage Interest means, with respect to a Class B Member, the quotient (expressed as a percentage) obtained by dividing such Class B Member's Investment Balance by the aggregate Investment Balances of all Class B Members.