Class A Convertible Preferred Unit Conversion Factor definition

Class A Convertible Preferred Unit Conversion Factor initially means the number equal to 7.1717; provided, however, if at any time:

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Examples of Class A Convertible Preferred Unit Conversion Factor in a sentence

• Commencing on the Class A Unlock Date, each Class A Convertible Preferred Unit shall be convertible, at the option of the holder thereof, at any time and from time to time, and without the payment of additional consideration by the holder thereof, into the number of fully paid and nonassessable Common Units equal to the Class A Convertible Preferred Unit Conversion Factor.

• Commencing on the Class A Unlock Date, each Class A Convertible Preferred Unit shall be convertible, at the option of the holder thereof, at any time and from time to time, and without the payment of additional consideration by the holder thereof, into such number of fully paid and nonassessable Common Units equal to the Class A Convertible Preferred Unit Conversion Factor.

• Commencing on the Class A Preferred Unlock Date, each Class A Convertible Preferred Unit shall be convertible, at the option of the holder thereof, at any time and from time to time, and without the payment of additional consideration by the holder thereof, into the number of fully paid and nonassessable Class B Common Units equal to the Class A Convertible Preferred Unit Conversion Factor.