Pubco Fixed Share Option Sample Clauses

Pubco Fixed Share Option. If Pubco exercises the Pubco Fixed Share Option then (i) Pubco shall complete the exchange of the Class B Fixed Units for the Class B Fixed Share Settlement as if each Class B Unitholder had exercised its Redemption Right pursuant to Section 11.01, and (ii) the Company or USCo, as applicable, shall complete the exchange of the Class B Floating Units for the Class B Floating Share Settlement as if each Class B Unitholder had exercised its Redemption Right pursuant to Section 11.01.