Common use of Exercise Number Clause in Contracts

Exercise Number. The exercise number will, at any time of determination, be equal to (i) 0.2637% of the number of Class A Units outstanding at the Exercise Time, plus (ii) 0.2637% of the Incentive Units outstanding at the Exercise Time as and to the extent such Incentive Units receive distributions pursuant to the terms of the Operating Agreement (it being understood that the intent of the foregoing is to provide distributions in respect of this Warrant equal to 0.2637% of all such distributions made under the Operating Agreement, determined at the time of such distribution).

Exercise Number. The exercise number will, at any time of determination, be equal to (i) 0.26373.0923% of the number of Class A Units outstanding at the Exercise Time, plus (ii) 0.26373.0923% of the Incentive Units outstanding at the Exercise Time as and to the extent such Incentive Units receive distributions pursuant to the terms of the Operating Agreement (it being understood that the intent of the foregoing is to provide distributions in respect of this Warrant equal to 0.26373.0923% of all such distributions made under the Operating Agreement, determined at the time of such distribution).

Exercise Number. The exercise number will, at any time of determination, be equal to (i) 0.26371.644% of the number of Class A Units outstanding at the Exercise Time, plus (ii) 0.26371.644% of the Incentive Units outstanding at the Exercise Time as and to the extent such Incentive Units receive distributions pursuant to the terms of the Operating Agreement (it being understood that the intent of the foregoing is to provide distributions in respect of this Warrant equal to 0.26371.644% of all such distributions made under the Operating Agreement, determined at the time of such distribution).