Examples of Series A Conversion Price in a sentence
Notwithstanding anything to the contrary, in no case will any adjustment be made if it would result in an increase to the then effective Series A Conversion Price.
The Manager shall make appropriate adjustments to the Series A Price, in its reasonable and good faith determination, to account for any adjustment to the Series A Conversion Price that becomes effective, or any event requiring an adjustment to the Series A Conversion Price where the Series A Ex-Distribution Date, effective date or expiration date of the event occurs during such five Trading Day period.
At any time following the second (2nd) anniversary of the Series A Original Issue Date, each Series A Preferred Mirror Unit still outstanding shall be convertible at the election of the Series A Holder thereof, and without the payment of additional consideration by the Series A Holder thereof, into a number of Class A Common Units of the Company equal to the quotient of (i) the Series A Stated Value of the Series A Preferred Mirror Units to be converted, divided by (ii) the Series A Conversion Price.
The adjusted Series A Prices shall equal (A) the Series A Prices applicable immediately prior to such adjustment, multiplied by (B) a fraction, the numerator of which is the Series A Conversion Price immediately prior to such adjustment giving rise to the Series A Price adjustment and the denominator of which is the Series A Conversion Price as so adjusted.
The Series A Additional Units issuable upon conversion set forth in the table below shall be adjusted in the same manner and at the same time as the Series A Conversion Price as set forth in this Section 17.07(b).