PIK Units. Each issuance of the Series C PIK Preferred Units will result in an increase in the number of Warrant Exercised Units (to the nearest whole Common Unit) to the number that is equal to the product obtained by performing the following calculation:
Appears in 2 contracts
Samples: Securities Purchase Agreement (American Midstream Partners, LP), Exercise Agreement (American Midstream Partners, LP)
PIK Units. Each issuance of the Series C PIK Preferred Units will result in an increase in the number of Warrant Exercised Units (to the nearest whole Common Unit) to the number that is equal to the product obtained by performing the following calculation:
Appears in 2 contracts
Samples: Third Coast Midstream, LLC, Magnolia Infrastructure Holdings, LLC
