Series A Conversion Unit definition
Series A Conversion Unit means a Common Unit issued upon conversion of a Series A Preferred Unit pursuant to Section 5.14(b)(vi). Immediately upon such issuance, each Series A Conversion Unit shall be considered a Common Unit for all purposes hereunder.
Series A Conversion Unit means a Common Unit issued upon conversion of a Series A Preferred Unit pursuant to Section 5.12(b)(vi). Immediately upon such issuance, each Series A Conversion Unit shall be considered a Common Unit for all purposes hereunder.
Series A Conversion Unit means a Common Unit issued upon conversion of a Series A Preferred Unit pursuant to Section 5.11(b)(v). Immediately upon such issuance, each Series A Conversion Unit shall be considered a Common Unit for all purposes hereunder, and, immediately upon the Transfer of a Series A Conversion Unit to a Person other than a Series A Preferred Unitholder, such Series A Conversion Unit will continue to be a Common Unit, but will cease to be a Series A Conversion Unit for all purposes hereunder.
Examples of Series A Conversion Unit in a sentence
Any fractional Series A Conversion Unit shall be rounded down to the nearest whole Series A Conversion Unit and the Partnership shall eliminate any such fractional Series A Conversion Unit by paying the holder of such fractional Series A Conversion Unit an amount in cash computed by multiplying the fractional Series A Conversion Unit by the Closing Price on the Trading Day immediately preceding the Series A Conversion Notice Date.
More Definitions of Series A Conversion Unit
Series A Conversion Unit means a Common Unit issued upon conversion of a Series A Preferred Unit pursuant to Section 5.12(b)(iii)(A)).