Percentage Ownership Sample Clauses
The Percentage Ownership clause defines the proportion of ownership or equity that each party holds in a business or asset. This clause typically specifies the exact percentage assigned to each stakeholder, which determines their share of profits, losses, voting rights, and distributions. For example, in a partnership agreement, it may state that one partner owns 60% while another owns 40%. Its core function is to clearly allocate ownership interests, thereby preventing disputes and ensuring all parties understand their rights and obligations.
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Percentage Ownership. The percentage ownership shall be calculated by combining the total of a Member’s Voting Capital and Nonvoting Capital and dividing the sum by the total of all the Members’ Voting and Nonvoting Capital. The initial percentages are included in Exhibit 1.
Percentage Ownership. As of the date hereof, the Subsidiary Capital Stock pledged by such Pledgor hereunder and listed on (i) Part A of Schedule 2(b) constitutes all of the Subsidiary Capital Stock of Material Pledged Subsidiaries owned by such Pledgor and (ii) Part B of Schedule 2(b) constitutes all of the Subsidiary Capital Stock of other Subsidiaries owned by such Pledgor that are not Material Pledged Subsidiaries (or, in the case of Excluded Foreign Subsidiary Voting Stock, 66% of the outstanding Excluded Foreign Subsidiary Voting Stock of such Subsidiary).
Percentage Ownership. The ownership interests assigned as part of the Collateral represent one hundred percent (100%) of the ownership interests of the Borrower.
Percentage Ownership. 5.1 Each Venturer’s respective interest in the Joint Venture (hereinafter called “Percentage Ownership Interest”) is indicated below: · COOL TECHNOLOGIES – fifty percent (50 %) · Belirti-tech – fifty percent (50 %).
Percentage Ownership. The Pledged Securities of each issuer specifically identified on Schedule 1 hereto constitute, and until this Pledge Agreement terminates shall continue to constitute, the percentage of the outstanding equity of each such issuer as indicated on Schedule 1 hereto.
Percentage Ownership. The Pledged Shares constitute one hundred percent (100%) of the issued and outstanding shares of stock of each Company.
Percentage Ownership. “Percentage Ownership” of a Person as of any time means the Common Stock held by such Person divided by the total number of shares of Common Stock then issued and outstanding.
Percentage Ownership. The LLC Interest represents one hundred percent (100%) of the membership interests of the Company and thereafter the Collateral will continue to represent the same percentage of the membership interest of the Company, unless otherwise permitted under the Financing Agreement.
Percentage Ownership. All of Pledgor’s Interests
Percentage Ownership. The Pledged Securities of each issuer specifically identified on the Pledged Securities Schedule constitute, and until the final payment and satisfaction in full of all of the Secured Obligations and the termination of all commitments under the Credit Agreement and the making of any payments required by Sections 9-608(a)(1)(C) or 9-615(a)(3) of the NYUCC, shall continue to constitute, the percentage of the outstanding equity of each respective issuer as indicated on the Pledged Securities Schedule.