Liquidation Following Conversion Clause Samples
Liquidation Following Conversion. Following a Conversion, notwithstanding anything to the contrary in this Agreement, in the event of any liquidation, dissolution and winding up of the Converted Entity, either voluntary or involuntary, the Series A Preferred Unitholders shall be entitled to receive, out of the assets of the Converted Entity available for distribution, prior to any distribution of any assets of the Converted Entity to the Common Unitholders or to the holders of any other class or series of Equity Securities of the Converted Entity, an amount per Series A Preferred Unit equal to Series A Redemption Price.
Liquidation Following Conversion. Notwithstanding anything to the contrary in this Supplemental Terms Annex, in the event of any liquidation, dissolution and winding up of the Partnership, either voluntary or involuntary, the Series A Preferred Unitholders shall be entitled to receive, out of the assets of the Partnership available for distribution, prior to any distribution of any assets of the Partnership to the Common Unitholders or to the holders of any other class or series of Equity Securities of the Partnership, an amount per Series A Preferred Unit equal to Series A Redemption Price.