Additional Conversion Units definition

Additional Conversion Units means the Common Units issuable upon conversion of any PIK Units (without regard to any limitation on conversion included in the Partnership Agreement).
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Additional Conversion Units means the Common Units issuable upon conversion of any ENLK Preferred PIK Units.
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Examples of Additional Conversion Units in a sentence

  • The issuance and sale of the Purchased Units and the PIK Units pursuant to the Partnership Agreement and issuance of Conversion Units and Additional Conversion Units upon conversion of the Purchased Units and the PIK Units does not contravene Exchange rules and regulations.

  • The Partnership shall use its reasonable best efforts to maintain such listing of all Conversion Units and Additional Conversion Units from time to time issuable under the terms of the Transaction Documents.

  • The Partnership is eligible to register the Conversion Units and the Additional Conversion Units for resale by the Purchasers under Form S-3 promulgated under the Securities Act.

  • The Partnership shall obtain approval for listing, subject to notice of issuance, of all Additional Conversion Units on the Exchange prior to each applicable date on which the PIK Units convertible into such Additional Conversion Units are distributed by the Partnership.

  • The Partnership will use its commercially reasonable efforts to obtain approval for listing, subject to notice of issuance, of all Additional Conversion Units on the NYSE prior to each applicable date on which the PIK Units convertible into such Additional Conversion Units are distributed by the Partnership.

  • The JV GP shall, in a commercially reasonable manner, provide its cooperation and expertise in a manner intended to enable the successful completion of the Project.

  • Such Purchaser understands that there is no public trading market for the Purchased Units, that none is expected to develop and that the Purchased Units must be held indefinitely unless and until the Conversion Units and the Additional Conversion Units are registered under the Securities Act or an exemption from registration is available.

Related to Additional Conversion Units

  • Initial Conversion Price has the meaning specified in Section 13.01.

  • Optional Conversion means the conversion of any Convertible Preferred Stock other than a Mandatory Conversion.

  • Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.

  • Final Conversion Date means 5:00 p.m. in New York City, New York on the earlier to occur following the IPO of (i) the first Trading Day falling on or after the date on which the outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, (ii) the tenth (10th) anniversary of the IPO or (iii) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.

  • New Conversion Price means the amount determined by the Conversion Calculation Agent in accordance with the following formula: