Common use of Percentage Ownership Interest Clause in Contracts

Percentage Ownership Interest. The Members shall have the initial percentage ownership interests (as the same are adjusted as provided in this Agreement, a “Percentage Interest”) in the Company set forth on Exhibit A. Percentage Interests shall not be adjusted by Distributions made (or deemed made) to a Member.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.)