Reclassification of Interests. In accordance with the IPO Reorganization Agreement, all Interests (as defined in the Original Agreement) in the Partnership issued and outstanding immediately prior to the effectiveness of this Agreement are hereby converted into Class A Units and each Limited Partner owns the number of Class A Units set forth opposite the name of such Limited Partner in the register of the Partnership.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Summit Materials, Inc.), Limited Partnership Agreement (Summit Materials, Inc.), Limited Partnership Agreement (Summit Materials, Inc.)
Reclassification of Interests. In accordance with the IPO Reorganization Agreement, all Interests Common Units (as defined in the Original Agreement) and profits interest units in the Partnership Company issued and outstanding immediately prior to the effectiveness of this Agreement are hereby were converted into Class A Units B Units, and as of the effectiveness of this Agreement, each Limited Partner Member owns the number and class of Class A Units set forth opposite the name of such Limited Partner Member in the register of the PartnershipRegister.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Exeter Finance Corp)
