definiens: means shares of LP common stock, $ 0.01 par value per share . If any of the following events occur prior to the issuance of the LP Common Stock, namely ( i ) any consolidation, merger or com bination of LP with another entity as a result of which hold ers of Common Stock shall be entitled to receive st ock, securities or other property or assets ( including cash ) with r espect to or in exchange for such Common Stock, ( ii ) any statutory exchange, as a result of which holders of Common Stock generally shall be entitled to receiv e stock, securities or other property or assets ( including c ash ) with respect to or in exchange for such Common Stock ( such transaction, a ), or ( iii ) any sale or conveyance of the properti es and assets of LP as, or substantially as, an entirety to any other person a s a result of which holders of Common Stock shall b e entitled to receive stock, securities or other property or asse ts ( including cash ) with respect to or in exchange for such Common Stock ( each of the foregoing events describe d in clauses ( i ), ( ii ) and ( iii ), a ), then LP shall ( or cause any successor or purcha sing person, as the case may be, to ) hold and set aside in an unencumbered fund ( free of liens ) and, upon satisfaction of the condition described in the first sentence of this Section 6.9, issue all of the kind and amou nt of shares of stock and other securities or prope rty or assets ( including cash ) receivable upon such Pre - Purchase Transaction by a holder of a number of shares of Co mmon Stock equal to the number of LP Shares immediately prior to such Pre - Purchase Transaction, assuming su ch holder of Common Stock did not exercise his rights of elec tion, if any, that holders of Common Stock who were entitled to vote or consent to such transaction had as to th e kind or amount of securities, cash or other prope rty receivable upon such Pre - Purchase Transaction ( provided that, if the kind or amount of securities, cash or other property receivable upon such Pre - Purchase Transaction is no t the same for each share of Common Stock in respec t of which such rights of election shall not have been e xercised ( ), then for the purposes of this Section 6.9 the kind and amount of securities, cash or other property receivable upon such Pre - Purchas e Transaction for each non - electing share shall be de emed to be the kind and amount so receivable per sh are by a plurality of the non - electing shares ) . The above pr ovisions of this Section 6.9 shall similarly apply to successive Pre - Purchase Transactions