Common use of Recapitalization or Exchange of Units Clause in Contracts

Recapitalization or Exchange of Units. Any recapitalization or exchange of Units (by Unit split or otherwise) or combination (by reverse Unit split or otherwise) of any particular class or series of outstanding Units shall be made contemporaneously to all classes and series of outstanding Units.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Express, Inc.), Limited Liability Company Agreement (Express, Inc.), Grant Agreement (Advantage Solutions Inc.)

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Recapitalization or Exchange of Units. Any recapitalization or exchange of Units (by Unit split or otherwise) or combination (by reverse Unit split or otherwise) of any particular class or series of outstanding Units shall be made contemporaneously and proportionately to all classes and series of outstanding Units.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Internap Corp)

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