Common use of Sharing Percentage Clause in Contracts

Sharing Percentage. A Member owning Common Units shall have that “Sharing Percentage” with respect to such Common Units equal to (i) the total number of Common Units held by such Member, divided by (ii) the aggregate number of Common Units issued and outstanding.

Appears in 2 contracts

Sources: Merger Agreement (Enpro Industries, Inc), Securities Purchase Agreement (Enpro Industries, Inc)