Corresponding Rate definition
Corresponding Rate means the number of Class A Units that would be forfeited or cancelled upon the forfeiture or cancellation of Ares Owners Mirror Units or Common Units pursuant to any agreements governing such Ares Owners Mirror Units or Common Units, as applicable. As of the Effective Date, the Corresponding Rate shall be 1 for 1. The Corresponding Rate shall be adjusted accordingly by the General Partner in its sole discretion upon: (a) any subdivision (by any unit split, unit distribution, reclassification, reorganization, recapitalization or otherwise) or combination (by reverse unit split, reclassification, reorganization, recapitalization or otherwise) of the Class A Units that is not accompanied by an identical subdivision or combination of the Ares Owners Mirror Units, as applicable, or Common Units, as applicable; or (b) any subdivision (by any unit split, unit distribution, reclassification, reorganization, recapitalization or otherwise) or combination (by reverse unit split, reclassification, reorganization, recapitalization or otherwise) of the Ares Owners Mirror Units, as applicable, or Common Units, as applicable, that is not accompanied by an identical subdivision or combination of the Class A Units.
Corresponding Rate means the number of shares of Class A Common Stock that would be forfeited or cancelled upon the forfeiture or cancellation of Ares Owners Class Issuer Units pursuant to any agreements governing such Ares Owners Class Issuer Units. The Corresponding Rate shall initially be 1 for 1. The Corresponding Rate shall be adjusted accordingly by the Board of Directors in its sole discretion if there is: (a) any subdivision (by any share split, share distribution, reclassification, reorganization, recapitalization or otherwise) or combination (by reverse share split, reclassification, reorganization, recapitalization or otherwise) of the Class A Common Stock that is not accompanied by an identical subdivision or combination of the Ares Owners Class Issuer Units; or (b) any subdivision (by any unit split, unit distribution, reclassification, reorganization, recapitalization or otherwise) or combination (by reverse unit split, reclassification, reorganization, recapitalization or otherwise) of the Ares Owners Class Issuer Units that is not accompanied by an identical subdivision or combination of the Class A Common Stock.
Corresponding Rate means the number of Class A Units that would be forfeited or cancelled upon the forfeiture or cancellation of Ares Owners Class OG Units, Ares Owners Class IND Units or Common Units pursuant to any agreements governing such Ares Owners Class OG Units, Ares Owners Class IND Units or Common Units, as applicable. As of the Effective Date, the Corresponding Rate shall be 1 for 1. The Corresponding Rate shall be adjusted accordingly by the General Partner in its sole discretion upon: (a) any subdivision (by any unit split, unit distribution, reclassification, reorganization, recapitalization or otherwise) or combination (by reverse unit split, reclassification, reorganization, recapitalization or otherwise) of the Class A Units that is not accompanied by an identical subdivision or combination of the Ares Owners Class OG Units, Ares Owners Class IND Units or Common Units, as applicable; or (b) any subdivision (by any unit split, unit distribution, reclassification, reorganization, recapitalization or otherwise) or combination (by reverse unit split, reclassification, reorganization, recapitalization or otherwise) of the Ares Owners Class OG Units, Ares Owners Class IND Units its or Common Units, as applicable, that is not accompanied by an identical subdivision or combination of the Class A Units.
Examples of Corresponding Rate in a sentence
At any time when Undersigned selects, converts to or renews the Euro-Rate option, Undersigned shall fix a period (the "Rate Period") which shall be one, two, or three months, which shall be acceptable to Bank in Bank's sole discretion, during which the Euro-Rate Option shall apply to the Corresponding Rate Segment.
Apprentice Training Period Hourly Rate as a of The Corresponding Rate Hours I 3rd I6 Hours 4th Hours 5th Hours 7th 8th Notwithstanding anything contained in this Article or otherwise.
With respect to the Contractor’s sale of services under the Federal Communications Commission’s E-Rate Program, Contractor shall at all times comply with the Lowest Corresponding Rate rules under that program.