Common use of Adjustment for Reclassification, Exchange, or Substitution Clause in Contracts

Adjustment for Reclassification, Exchange, or Substitution. If the Common Units issuable upon the conversion of the Series B Convertible Preferred Units shall be changed into the same or a different number of membership interests of any class or classes of membership interests, whether by capital reorganization, reclassification, or otherwise (other than a subdivision or combination of membership interests or Distribution provided for above, or a reorganization, merger, consolidation, or sale of assets provided for below), then and in each such event the holder of each Series B Convertible Preferred Unit shall have the right thereafter to convert such Units into the kind and amount of membership interests and other securities and property receivable, upon such reorganization, reclassification, or other change, by holders of the number of Common Units into which such Series B Convertible Preferred Units might have been converted immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.

Adjustment for Reclassification, Exchange, or Substitution. If the Common Units issuable upon the conversion of the Series B A Convertible Preferred Units shall be changed into the same or a different number of membership interests of any class or classes of membership interests, whether by capital reorganization, reclassification, or otherwise (other than a subdivision or combination of membership interests or Distribution provided for above, or a reorganization, merger, consolidation, or sale of assets provided for below), then and in each such event the holder of each Series B A Convertible Preferred Unit shall have the right thereafter to convert such Units into the kind and amount of membership interests and other securities and property receivable, upon such reorganization, reclassification, or other change, by holders of the number of Common Units into which such Series B A Convertible Preferred Units might have been converted immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.

Adjustment for Reclassification, Exchange, or Substitution. If the Common Units issuable upon the conversion of the Series B Convertible A Preferred Units shall be changed into the same or a different number of membership interests Units of any class or classes of membership interestsUnits, whether by capital reorganization, reclassification, reclassification or otherwise (other than a subdivision or combination of membership interests Units or Distribution distribution provided for above, or a reorganization, merger, consolidation, consolidation or sale of assets provided for belowelsewhere in this Article 13), then and in each such event the holder of each Series B Convertible A Preferred Unit shall have the right thereafter to convert such Units share into the kind and amount amounts of membership interests Units and other securities and property receivable, receivable upon such reorganization, reclassification, reclassification or other change, by holders of the number numbers of Common Units into which such Series B Convertible A Preferred Units might have been converted immediately prior to such reorganization, reclassification, reclassification or change, all subject to further adjustment as provided herein.