Common use of SPLITS AND RECLASSIFICATIONS Clause in Contracts

SPLITS AND RECLASSIFICATIONS. The Partnership shall not in any manner subdivide (by any unit split, distribution, reclassification, recapitalization or otherwise) or combine (by reverse unit split, reclassification, recapitalization or otherwise) the outstanding Partnership Units (or other Partnership Interests or securities) unless Tality is subdividing or combining the Tality Class A Shares (or, if applicable, such other securities of Tality issued in connection with the issuance of such Partnership Interests or other securities), in which event the Partnership Units shall be subdivided or combined concurrently with, to the same extent as, and in the same manner as, the Tality Class A Shares (or such other securities).