Common use of Exchange Transaction Clause in Contracts

Exchange Transaction. “Exchange Transaction” means an exchange of Units for shares of Common Stock pursuant to, and in accordance with, the Exchange Agreement (or such other exchange agreement) or, if GPC Inc. and the exchanging Limited Partner shall mutually agree, a Transfer of Units to GPC Inc., the Partnership or any of their subsidiaries for other consideration.

Appears in 2 contracts

Sources: Limited Partnership Agreement (Graham Packaging Co Inc.), Limited Partnership Agreement (Graham Packaging Co Inc.)