Adjustment Event definition
Adjustment Event means each of the following events:
Adjustment Event means:
Adjustment Event means, in respect of a Share, the occurrence of any of the following events:
Examples of Adjustment Event in a sentence
If more than one Adjustment Event occurs, any adjustment to the LTIP Units may be made only once using a single formula that takes into account each and every Adjustment Event as if all Adjustment Events occurred simultaneously.
If an Adjustment Event occurs, then the Managing Member shall take any action reasonably necessary, including any amendment to this Agreement, any LTIP Unit Agreement and/or any update to the Member Registry adjusting the number of outstanding LTIP Units or subdividing or combining outstanding LTIP Units, in any case, to maintain a one-for-one conversion and economic equivalence ratio between Common Units and LTIP Units.
More Definitions of Adjustment Event
Adjustment Event means an Index Cancellation, an Index Modification, an Index Disruption or an Investment Strategy Modification.
Adjustment Event has the meaning set forth in Section 16.3 hereof.
Adjustment Event with respect to a Share means:
Adjustment Event shall have the meaning set forth in Section 4.5.A.
Adjustment Event has the meaning specified in Section 15.05(l).
Adjustment Event means, with respect to a Basket Componenti, each of the following events:
Adjustment Event has the meaning provided in Section 6.2.