Issuance of Holdco Manager Common Shares Sample Clauses

Issuance of Holdco Manager Common Shares. Holdco Manager is authorized to issue its Holdco Manager Common Shares to the Exchanging Owners in proportion to their ownership of Holdco Units (other than those held by Holdco Manager). Upon delivery of the purchase price therefor, the Holdco Manager Common Shares issued to the Exchanging Owners will be duly authorized by all necessary action, validly issued, fully paid, and nonassessable.
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Related to Issuance of Holdco Manager Common Shares

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  • No Adjustment for Certain Transactions Notwithstanding anything in this Article 4, no adjustment shall be made in the acquisition rights attached to the Warrants if the issue of Common Shares is being made pursuant to this Indenture or in connection with (a) any share incentive plan or restricted share plan or share purchase plan in force from time to time for directors, officers, employees, consultants or other service providers of the Corporation; or (b) the satisfaction of existing instruments issued at the date hereof.

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