Preferred Equityholder Units

Preferred Equityholder Units. (i) all Preferred Units held, directly or indirectly, by the Equityholders, and (ii) all equity securities issued directly or indirectly with respect to any Preferred Units referred to in clause (i) above by way of a unit or stock dividend or other distribution, or unit or stock split, or in connection with a combination of units or shares, recapitalization, merger, consolidation or other reorganization. As to any particular units or shares constituting Preferred Equityholder Units, such units... or shares will cease to be Preferred Equityholder Units when they have been Transferred in a Public Sale. View More