Common Percentage Interest definition

Common Percentage Interest means the percentage ownership interest in the Common Partnership Units of each Partner, as determined by dividing the Common Partnership Units owned by a Partner by the total number of Common Partnership Units then outstanding.

Common Percentage Interest means the percentage ownership interest in the Common Units of each Member, as determined by dividing the Common Units owned by a Member by the total number of Common Units then outstanding, subject to Sections 4.3(d) and 4.3(e) which treat LTIP Units as Common Units for this purpose.

Common Percentage Interest means, with respect to any Member, the quotient obtained by dividing the aggregate number of Common Units then owned by such Member by the aggregate number of Common Units then owned by all Members.

Examples of Common Percentage Interest in a sentence

• The name, Capital Contribution, Units and applicable Common Percentage Interest of each of the Members is set forth on Exhibit A hereto.

• In that event, the Common Members (including holders of additional Equity Interests issued by the Company which are designated as Common Units) shall have the option (but not the obligation), to participate in such additional Capital Contributions in accordance with their Common Percentage Interest.

• Supreme Court ultimately awarded defendants counsel fees in the amount of $64,205.55.

• For purposes of determining a Holder's proportional share of the "excess nonrecourse liabilities" of the Partnership within the meaning of Regulations Section 1.752-3(a)(3), each Holder's interest in Partnership profits shall be such Holder's Common Percentage Interest.

• Other institutions refer to those holding comparable positions as “teaching assistants,” with some referring specifically to “undergraduate teaching assistants” (UTAs).

More Definitions of Common Percentage Interest

Common Percentage Interest means, as to a Partner holding any Common Units, its interest in the Partnership as determined by dividing the sum of Class A Common Units plus Class B Common Units owned by such Partner by the sum of the total number of Class A Common Units plus the total number of Class B Common Units then outstanding as specified in Exhibit A attached hereto, as such Exhibit may be amended from time to time.

Common Percentage Interest means, as to a Member as of any determination date, the respective percentage of Common Units held by such Member of all the Common Units issued and outstanding as of such determination date. The Common Percentage Interest of each Common Member as of the date hereof shall be as set forth opposite such Common Member’s name on Schedule A hereto under the column entitled “Common Percentage Interest.”

Common Percentage Interest means, as to each Partner, the percentage determined by dividing the total number of Common Partnership Units owned by such Partner by the aggregate number of Common Partnership Units then issued and outstanding, as set forth on Exhibit A, as such exhibit may be amended from time to time.

Common Percentage Interest means, with respect to a Common Member, the percentage set forth on Schedule 1.01(a) with respect to such Common Member.

Common Percentage Interest of a Member holding Common Interests shall mean such Member’s aggregate Common Interests’ economic percentage interest in the Company as determined by dividing the Common Interests of such Member by the total Common Interests of all Members, as set forth on Schedule A and as may be adjusted from time to time.

Common Percentage Interest means, with respect to each Common Member, an amount equal to the product of (a) the quotient obtained by dividing (i) the number of Common Units owned of record by such Member by (ii) the aggregate number of issued and outstanding Common Units at such time, and (b) 100, expressed as a percentage.

Common Percentage Interest means the percentage of ownership interest in the Partnership of each Partner, excluding the Preferred Interests. The initial Common Percentage Interests are set forth in Section 3.3 hereof.