Common use of Number of Common Units Clause in Contracts

Number of Common Units. In connection with any conversion pursuant to Section 2.1(c)(i) or 2.1(c)(ii), each Series A Preferred Unit shall be convertible into that number of Common Units that is equal to the Series A Preferred Issue Price divided by the Series A Preferred Conversion Price. The “Series A Preferred Conversion Price” shall initially be equal to the Series A Preferred Issue Price, and shall be subject to adjustment as provided in Section 2.1(c)(iv).