PERCENTAGE INTERESTS

PERCENTAGE INTERESTS. Shall mean the Partner's respective percentage of ownership in the Partnership, subject to changes pursuant to Section 3.6 and Article 11, it being hereby specified that the Partners' initial Percentage Interest shall be as follows: GENERAL PARTNERSHIP INTERESTS GENERAL PARTNER PERCENTAGE INTEREST DEVCO 2% LIMITED... PARTNERSHIP INTERESTS LIMITED PARTNER PERCENTAGE INTEREST Warren 86.24% Amoco 11.76% Total Percentage Interests 100% Any subsequent parties who become Partners hereunder in compliance with the provisions of this Agreement governing transfers of Partnership interests shall hold such Percentage Interests as are designated in the transfers to them. View More

PERCENTAGE INTERESTS. Shall have the meaning set forth in the Partnership Agreement.