Subdivision or Combination of Common Units. In case the Company shall at any time subdivide its outstanding Common Units into a greater number of Common Units, the Series A Conversion Price in effect immediately prior to such subdivision shall be proportionately reduced. In case the outstanding Common Units of the Company shall be combined into a smaller number of Common Units, the Series A Conversion Price in effect immediately prior to such combination shall be proportionately increased.
Subdivision or Combination of Common Units. If the Company at any time subdivides (by any unit split, unit dividend, recapitalization or otherwise) its outstanding Common Units into a greater number of units, the Conversion Price in effect immediately prior to such subdivision shall be proportionately reduced so that the conversion of the Series A Preferred Units after such time shall entitle the holder to receive the aggregate number of Common Units or other Equity Securities which, if the Series A Preferred Units had been converted immediately prior to such time, such holder would have owned upon such conversion and been entitled to receive by virtue of such unit split, unit dividend, recapitalization, merger, consolidation or otherwise, and if the Company at any time combines (by reverse unit split or otherwise) its outstanding Common Units into a smaller number of units, the Conversion Price in effect immediately prior to such combination shall be proportionately increased.
Subdivision or Combination of Common Units. If the Company, at any time while this Warrant is outstanding, shall subdivide or combine its outstanding Common Units, the Exercise Price shall be proportionately reduced, in case of subdivision of Common Units into a greater number of Common Units, as of the effective date of such subdivision, or shall be proportionately increased, in the case of combination of Common Units into a smaller number of Common Units, as of the effective date of such combination. In the event that a record date is set with respect to any such subdivision, and this Warrant is exercised after such record date but prior to the effective date of such subdivision, upon the effectiveness of such subdivision, the Company shall issue the Holder Common Units as if the Common Units issued upon such exercise of the Warrant were outstanding on the record date with respect to such subdivision, without the payment of any additional consideration. In addition, if the Company effects a dividend or distribution with respect to the Common Units (whether in cash, Common Units, other securities and/or evidences of indebtedness of the Company, any of its Affiliates (including in a spin-off or split-off) or any third party, other property or assets, any rights, options or warrants to subscribe for or purchase any of the foregoing and/or any combination of the foregoing), in each case, with a dilutive effect on the number of Common Units issuable upon exercise of this Warrant (other than any distribution pursuant to Section 4.1(c) of the LLC Agreement) and that the Holder does not recieve, then the Exercise Price will be adjusted in a commercially reasonable manner to account for such dilutive effect.
Subdivision or Combination of Common Units. If the Company at any time while this Warrant remains outstanding and unexpired shall subdivide or combine its outstanding Common Units, the Warrant Price shall be proportionately decreased in the case of a subdivision or increased in the case of a combination, effective at the close of business on the date the subdivision or combination becomes effective.
Subdivision or Combination of Common Units. If the Company at any time subdivides (by any stock split, stock dividend, recapitalization or otherwise) the Common Units into a greater number of units or pays a dividend or makes a distribution to holders of the Common Units in the form of units of Common Units, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of units of Class A Units obtainable upon exercise of this Warrant shall be proportionately increased. If the Company at any time combines (by reverse stock split or otherwise) the Common Units into a smaller number of units, the Exercise Price in effect immediately prior to such combination shall be proportionately increased and the number of units of Class A Units obtainable upon exercise of this Warrant shall be proportionately decreased.
Subdivision or Combination of Common Units. If the Company at any ------------------------------------------ time subdivides (by any securities split, securities dividend, recapitalization or otherwise) one or more classes of its outstanding Common Units into a greater number of Units, the Conversion Price for each series of Preferred Units in effect immediately prior to such subdivision shall be proportionately reduced, and if the Company at any time combines (by reverse securities split, securities combination or otherwise) one or more classes of its outstanding Common Units into a smaller number of Units, the Conversion Price for each series of Preferred Units in effect immediately prior to such combination shall be proportionately increased.
Subdivision or Combination of Common Units. If the Partnership at any time subdivides (by any unit split, unit distribution, recapitalization or otherwise) its outstanding Common Units into a greater number of units, the Series A-2 Conversion Price in effect immediately prior to such subdivision will be proportionately reduced. If the Partnership at any time combines (by reverse unit split or otherwise) its outstanding Common Units into a smaller number of units, the Series A-2 Conversion Price in effect immediately prior to such combination will be proportionately increased.
Subdivision or Combination of Common Units. Certain --------------------------------------------------- Distributions. The Exercise Price shall be adjusted in the event the Company shall at any time (i) make a subdivision of or combine the Common Units outstanding or (ii) make a distribution in cash, in kind, or in securities of any kind, except distributions or other payments required or permitted by the terms of any Preferred Security of the Company outstanding on the date hereof and any required distributions calculated with respect to the payment of taxes under the terms of the Company Agreement as in effect on the date hereof (a "Permitted Distribution"); provided, however, that any Warrant Adjustment shall -------- ------- not give rise to any adjustment under this Section 3A. In the event the Company makes a subdivision of Units or makes a distribution in cash, in kind, or in securities of any kind (other than a Permitted Distribution), the Exercise Price in effect immediately prior to such action shall be appropriately decreased, and in the event the Company shall at any time combine the Common Units outstanding, the Exercise Price in effect immediately prior to such combination shall be appropriately increased. An adjustment made pursuant to this paragraph 3A shall, in the event of a subdivision or combination, become effective retroactively immediately after the effective date thereof, and shall, in the event of a distribution, become effective retroactively immediately after the date of distribution.
Subdivision or Combination of Common Units. If Holdings LLC at any time subdivides (by any unit split, unit dividend, recapitalization or otherwise) one or more classes of its outstanding Common Units into a greater number of Units, then the Conversion Price in effect immediately prior to such subdivision shall be proportionately reduced, and if Holdings LLC at any time combines (by reverse unit split, unit combination or otherwise) one or more classes of its outstanding Common Units into a smaller number of Units, then the Conversion Price in effect immediately prior to such combination shall be proportionately increased.
Subdivision or Combination of Common Units. In case the Company shall at any time subdivide its outstanding Common Units into a greater number of Common Units, the Series A Conversion Price in effect immediately prior to such subdivision shall be proportionately reduced. In case the outstanding Common Units of the Company shall be combined into a 25776957.3325776957.34 WEIL:\96757130\2\36182.0003 Case 18-10584-MFW Doc 1078-5 Filed 10/12/18 Page 85 of 90 smaller number of Common Units, the Series A Conversion Price in effect immediately prior to such combination shall be proportionately increased.
