Unit Reclassification. In the event that there is any consolidation, amalgamation, arrangement, merger or other form of combination of BPY with or into any other entity resulting in a reclassification of the Outstanding BPY Units (“Unit Reclassification”), then the Exchange Ratio will be adjusted in a manner approved by the General Partner, acting reasonably, to ensure that:
Appears in 2 contracts
Samples: Agreement (Brookfield Property Partners L.P.), Limited Partnership Agreement (Brookfield Property Partners L.P.)
Unit Reclassification. In the event that there is any consolidation, amalgamation, arrangement, merger or other form of combination of BPY BREP with or into any other entity resulting in a reclassification of the Outstanding BPY BREP Units (“Unit Reclassification”), then the Exchange Ratio will be adjusted in a manner approved by the General Partner, acting reasonably, to ensure that:
Appears in 2 contracts
Samples: Agreement (Brookfield Renewable Energy Partners L.P.), Agreement (BRP Bermuda Holdings I LTD)
Unit Reclassification. In the event that there is any consolidation, amalgamation, arrangement, merger or other form of combination of BPY BIP with or into any other entity resulting in a reclassification of the Outstanding BPY BIP Units (“Unit Reclassification”), then the Exchange Ratio will be adjusted in a manner approved by the General Partner, acting reasonably, to ensure that:
Appears in 1 contract
Samples: Agreement (Brookfield Infrastructure Partners L.P.)
Unit Reclassification. In the event that there is any consolidation, amalgamation, arrangement, merger or other form of combination of BPY with or into any other entity resulting in a reclassification of the Outstanding BPY Units (“Unit Reclassification”), then the Exchange Ratio will be adjusted in a manner approved by the Managing General Partner, acting reasonably, to ensure that:
Appears in 1 contract
Unit Reclassification. In the event that there is any consolidation, amalgamation, arrangement, merger or other form of combination of BPY BIP with or into any other entity resulting in a reclassification of the Outstanding BPY BIP Units (“Unit Reclassification”), then the Exchange Ratio will be adjusted in a manner approved by the Managing General Partner, acting reasonably, to ensure that:
Appears in 1 contract
Samples: Agreement (Brookfield Infrastructure Partners L.P.)
