Adjustments to Partnership Units. The parties acknowledge that the -------------------------------- Transaction Documents provide for adjustments to the Partnership Units of the Contributors in certain circumstances, and further provide that the Contributors' Partnership Interests and Partnership Units, and the resulting restated Percentage Interests of all of the Partners, may not be capable of determination at the time a Capital Contribution is made after the date hereof. At the times of adjustment and final determination provided for in the Transaction Documents, the General Partner shall supplement this Amendment by executing and attaching hereto either additional supplements to Exhibits B and C (in the form described above), or amended and restated versions of prior supplements to Exhibits B and C, as applicable. Such supplements shall be in accordance with the terms of the Transaction Documents. The Partnership Agreement shall be deemed to be amended as reflected in each such supplement to this Amendment.
Adjustments to Partnership Units. If the Common Stock (or any other class of stock of the General Partner for which a class of Partnership Units may be redeemed) undergoes any split or reverse split, then without further action or consent by the General Partner or any Limited Partner, each corresponding class of Partnership Units that is redeemable for such stock shall be split or combined in accordance with the same ratio used to split or combine the stock. For example, if the Common Stock undergoes a reverse 2 for 1 split (i.e., every two shares of old Common Stock are converted into one share of new Common Stock) then the corresponding class of Partnership Units that are redeemable for such Common Stock shall undergo a similar reverse split (i.e., every two old OP Units shall be converted into one new OP Unit). Similarly, if any class of Partnership Units into which another class of Partnership Units is convertible undergoes any split or reverse split, then without further action or consent by the General Partner or any Limited Partner, the latter class of Partnership Units shall be split or combined in accordance with the same ratio used to split or combine the first class of Partnership Units.
Adjustments to Partnership Units. If the Common Stock (or any other class of stock of the General Partner for which a class of Partnership Units may be redeemed) undergoes any stock split or subdivision, reverse stock split or combination, stock dividends, or distribution of stock rights, warrants or options, then, without further action or consent by the General Partner or any Limited Partner, each corresponding class of Partnership Units that is redeemable for such stock shall be split, combined, issued or distributed stock, stock rights, options or warrants in accordance with the same ratio used to split, combine, issue or distribute the stock, stock rights, options or warrants. For example, if the Common Stock undergoes a reverse two-for-one split, (i.e., every two shares of old Common Stock are converted to one share of new Common Stock) than the corresponding class of Partnership Units that are redeemable for such Common Stock shall undergo a similar reverse split (i.e., every two OP Units shall be converted into one new OP Unit). Similarly, if any class of Partnership Units into which another class of Partnership Units is convertible, undergoes any split or reverse split, then without further action or consent by the General Partner or any Limited Partner, the latter class of Partnership Units shall be split or combined in accordance with the same ratio used to split or combine the first class of Partnership Units. In addition, without limiting the generality of the foregoing, in the event the number of shares of Common Stock, preferred stock or any class of stock of the General Partner shall be adjusted for the issuance or distribution of stock upon the exercisability of the Rights governed by the Rights Agreement without the receipt of cash by the General Partner (which adjustment may be satisfied by the issuing of additional Common Stock or other stock in exchange for the Rights) then, without further action or consent by the General Partner or any Limited Partner, the corresponding classes of Partnership Units shall be appropriately issued additional Units or otherwise appropriately adjusted as necessary to reflect equitably the dilution in the stock of the General Partner resulting from the issuance of additional stock and the exchange of stock for the Rights.
Adjustments to Partnership Units. The parties acknowledge that the -------------------------------- Transaction Documents provide for the issuance of additional Partnership Units to the Contributors, and accordingly the Contributors' final Partnership Interests and Units, and the resulting restated Percentage Interests of all of the Partners, following such issuance cannot be determined on the date hereof. At the time of issuance and final determination provided for in the Transaction Documents, the General Partner shall supplement this Amendment by executing and attaching hereto supplements to Exhibits B and C (which shall be captioned "Exhibit B-1," "Exhibit C-1," and so on and shall identify the Capital Contribution to which it relates). Such supplements shall be in accordance with the terms of the Transaction Documents. The Partnership Agreement shall be deemed to be amended as reflected in each such supplement to this Amendment.
Adjustments to Partnership Units. If the Common Stock (or any other class of stock of the General Partner for which a class of Partnership Units may be redeemed) undergoes any split or reverse split, then without further action or consent by the General Partner or any Limited Partner, each corresponding
