Common use of Recapitalization Events Clause in Contracts

Recapitalization Events. In the event that the Committee determines that any distribution (whether in the form of cash, common units, other securities or other property), recapitalization, split, reverse split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase, or exchange of Units or other securities of the Partnership, issuance of warrants or other rights to purchase Units or other securities of the Partnership, or other similar transaction or event affects the Units such that an adjustment is determined by the Committee to be appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under this Award Agreement, then the Committee shall, in such manner as it may deem equitable, adjust the number and type of Units (or other securities or property) subject to this Award Agreement or, if deemed appropriate by the Committee, make provision for a cash payment to Participant; provided, however, that the number of Units subject to this Award Agreement shall always be a whole number.

Recapitalization Events. In the event that the Committee determines that any distribution (whether in the form of cash, common units, other securities or other property), recapitalization, split, reverse split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase, or exchange of Units or other securities of the Partnership, issuance of warrants or other rights to purchase Units or other securities of the Partnership, or other similar transaction or event affects the Units such that an adjustment is determined by the Committee to be appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under this Award Agreement, then the Committee shall, in such manner as it may deem equitable, adjust the number and type of Units (or other securities or property) subject to this the Award Agreement hereunder or, if deemed appropriate by the Committee, make provision for a cash payment to Participant; provided, however, that the number of Units subject to this the Award Agreement shall always be a whole number.

Recapitalization Events. In the event that the Committee determines that any distribution (whether in the form of cash, common units, other securities or other property), recapitalization, split, reverse split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase, or exchange of Units common units or other securities of the PartnershipCompany, issuance of warrants or other rights to purchase Units common units or other securities of the PartnershipCompany, or other similar transaction or event affects the Units common units such that an adjustment is determined by the Committee to be appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under this Award Grant Agreement, then the Committee shall, in such manner as it may deem equitable, adjust the number and type of Units common units (or other securities or property) subject to this Award the Grant Agreement hereunder or, if deemed appropriate by the Committee, make provision for a cash payment to ParticipantGrantee; provided, however, that the number of Units common units subject to this Award the Grant Agreement shall always be a whole number.

Recapitalization Events. In the event that the Committee determines that any distribution (whether in the form of cash, common units, other securities or other property), recapitalization, split, reverse split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase, or exchange of Units or other securities of the PartnershipCompany, issuance of warrants or other rights to purchase Units or other securities of the PartnershipCompany, or other similar transaction or event affects the Units such that an adjustment is determined by the Committee to be appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under this Award Grant Agreement, then the Committee shall, in such manner as it may deem equitable, adjust the number and type of Units (or other securities or property) subject to this Award the Grant Agreement hereunder or, if deemed appropriate by the Committee, make provision for a cash payment to ParticipantGrantee; provided, however, that the number of Units subject to this Award the Grant Agreement shall always be a whole number.

Recapitalization Events. In the event that the Committee determines that any distribution (whether in the form of cash, common units, other securities or other property), recapitalization, split, reverse split, reorganization, conversion, merger, consolidation, split-up, spin-off, combination, repurchase, or exchange of Units common units or other securities of the PartnershipCompany, issuance of warrants or other rights to purchase Units common units or other securities of the PartnershipCompany, or other similar transaction or event affects the Units common units such that an adjustment is determined by the Committee to be appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under this Award Agreement, then the Committee shall, in such manner as it may deem equitable, adjust the number and type of Units common units (or other securities or property) subject to this the Award Agreement hereunder or, if deemed appropriate by the Committee, make provision for a cash payment to ParticipantGrantee; provided, however, that the number of Units common units subject to this the Award Agreement shall always be a whole number.