Class A Common Unit Transaction definition
Class A Common Unit Transaction has the meaning set forth in Section 4.7.F.
Class A Common Unit Transaction means any transaction or series of related transactions (including without limitation a merger, consolidation, unit exchange, self-tender offer for all or substantially all Class A Common Units or other business combination or reorganization or sale of all or substantially all of the Company’s assets, but excluding any transaction which constitutes an Adjustment Event) as a result of which Class A Common Units shall be exchanged for or converted into the right to receive, or in respect of which the holders of such Class A Common Units shall otherwise be entitled to receive, cash, securities or other property or any combination thereof.
Examples of Class A Common Unit Transaction in a sentence
For the avoidance of doubt, the following shall not be Adjustment Events: (x) the issuance of Partnership Units in a financing, reorganization, acquisition or other similar business Class A Common Unit Transaction, (y) the issuance of Partnership Units pursuant to any employee benefit or compensation plan or distribution reinvestment plan or (z) the issuance of any Partnership Units to the General Partner or any other Person in respect of a Capital Contribution to the Partnership.