Recapitalization Date definition
Examples of Recapitalization Date in a sentence
Notwithstanding the foregoing and any contrary provision of any Subscription Agreement, for purposes of this Section 8.1A(v) (including calculations of Post-Recapitalization Variable Capital Base made for purposes of this Section 8.1A(v)), the Notional Capital Contributions of each Profits Interest issued before the Recapitalization Date shall be deemed to equal the amount that is 55%of the Notional Capital Contributions otherwise attributable to such interest.
Notwithstanding the foregoing, if the Recapitalization Date is not the first day of a Fiscal Year, this Section and any other provisions of this Agreement that the Managing Partner determines to be appropriate shall be interpreted and applied as if the day immediately preceding the Recapitalization Date were the final day of the then-current Fiscal Year and the Recapitalization Date were the first day of a new Fiscal Year.