Common use of Equity Subdivisions and Combinations Clause in Contracts

Equity Subdivisions and Combinations. (i) The Company shall not in any manner effect any subdivision (by any equity split, equity distribution, reclassification, recapitalization or otherwise) or combination (by reverse equity split, reclassification, recapitalization or otherwise) of the outstanding Units unless accompanied by an identical subdivision or combination, as applicable, of the outstanding PubCo Common Stock or other related class or series of Equity Security of PubCo, with corresponding changes made with respect to any other exchangeable or convertible Equity Securities of the Company and PubCo.

Equity Subdivisions and Combinations. (i) The Company shall not in any manner effect any subdivision (by any equity split, equity distribution, reclassification, recapitalization or otherwise) or combination (by reverse equity split, reclassification, recapitalization or otherwise) of the outstanding Units unless approved by the Board of Directors and accompanied by an identical subdivision or combination, as applicable, of the outstanding PubCo Pubco Common Stock or other related class or series of Equity Security of PubCoPubco, with corresponding changes made with respect to any other exchangeable or convertible Equity Securities of the Company and PubCoPubco.

Equity Subdivisions and Combinations. (i) The Company shall not in any manner effect any subdivision (by any equity split, equity distribution, reclassification, recapitalization or otherwise) or combination (by reverse equity split, reclassification, recapitalization or otherwise) of the outstanding Units Equity Interests of the Company unless accompanied by an identical subdivision or combination, as applicable, of the outstanding PubCo Common Stock or other related class or series of Equity Security Interest of PubCothe Managing Member, with corresponding changes made with respect to any other exchangeable or convertible Equity Securities Interests of the Company and PubCothe Managing Member.