Series B Preferred Conversion Common Units definition

Series B Preferred Conversion Common Units means Common Units issued upon conversion of the Series B Preferred Units pursuant to Section 5.15(b)(xi).

Examples of Series B Preferred Conversion Common Units in a sentence

  • Each Series B Preferred Unit shall, upon its Series B Preferred Change of Control Conversion Date, be deemed to be transferred to, and cancelled by, the Partnership in exchange for the issuance of the Series B Preferred Conversion Common Units.

  • The “Series B Preferred Change of Control Conversion Date” shall be the date fixed by the General Partner, in its sole discretion, as the date the Series B Preferred Units are entitled to be converted to Series B Preferred Conversion Common Units as provided in this Section 5.15(b)(xi).

Related to Series B Preferred Conversion Common Units