Common Units Deemed Outstanding

Common Units Deemed Outstanding. Means, at any given time, the sum of (a) the number of Common Units actually outstanding at such time, plus (b) the number of Common Units issuable upon conversion, exercise or exchange of Convertible Securities actually outstanding at such time, including, for the avoidance of doubt, Warrants in the series issued by the Partnership pursuant to the Purchase Agreement, in each case, regardless of whether the Convertible Securities are actually convertible, exercisable or exchangeable at such... time; provided, that Common Units Deemed Outstanding at any given time shall not include units owned or held by or for the account of the Partnership. View More