Reservation of Class A Shares. The Company shall at all times reserve and keep available a number of its authorized but unissued Class A Shares that shall be sufficient to permit the exercise in full of all outstanding Warrants issued pursuant to this Agreement.
Reservation of Class A Shares. The Class E Limited Partners agree and acknowledge that, in addition to being subject to Section 3.1(g)(v), the exchange rights of holders of Class E Common Units issued on any grant date are conditional upon a sufficient number of Class A Shares being reserved under the Och-Ziff Incentive Plan to satisfy such exchange rights. If the Och-Ziff Incentive Plan does not have the capacity on the relevant grant date (or, in the case of any Conversion Class E-2 Common Units being retained by a Class E Limited Partner pursuant to Section 3.1(e), at the close of business on the Conversion Class E-2 Notice Date) to reserve a sufficient number of Class A Shares then such Class E Common Units shall not become exchangeable unless and until the shareholders of Och-Ziff subsequently approve an amendment to the Och-Ziff Incentive Plan to permit such reservations to be made.
Reservation of Class A Shares. ParentCo hereby represents, warrants and covenants with the Trustee for the benefit of the Holders that it has irrevocably reserved for issuance, and will at all times keep available, free from pre-emptive and other rights, within its authorized and unissued share capital such number of Class A Shares:
(a) as is equal to the number of Exchangeable Shares issued and outstanding from time to time; and
(b) as are now and may hereafter be required to enable and permit the Corporation to meet its obligations hereunder, under the Support Agreement and under the Exchangeable Share Provisions.
Reservation of Class A Shares. The Company shall at all times until the Business Combination Closing reserve and keep available a number of its authorized but unissued Class A Shares that shall be sufficient to permit the full exercise of the Option pursuant to this Agreement.
Reservation of Class A Shares. The Company shall provide, free from preemptive rights, out of its authorized but unissued shares or shares held by the Company, sufficient Class A Shares to provide for conversion of the Notes from time to time as such Notes are presented for conversion (assuming that at the time of computation of such number of shares, all such Notes would be converted by a single Holder and that Physical Settlement is applicable).
Reservation of Class A Shares. As of the date hereof, the Company has reserved and the Company shall continue to reserve and keep available at all times, free of preemptive rights, a sufficient number of Class A Shares for the purpose of enabling the Company to issue the Shares pursuant to this Agreement and the Warrant Shares pursuant to any exercise of the Warrants.
Reservation of Class A Shares. ParentCo hereby represents, warrants and covenants that it has irrevocably reserved for issuance and will at all times keep available, free from pre-emptive and other rights, within its authorized and unissued share capital such number of Class A Shares (or other shares or securities into which Class A Shares may be reclassified or changed as contemplated by section 2.6 hereof) (a) as is equal to the number of Exchangeable Shares issued and outstanding from time to time, and (b) as are now and may hereafter be required to enable and permit the Corporation to meet its obligations hereunder, under the Exchange Trust Agreement and under the Exchangeable Share Provisions.
Reservation of Class A Shares. The Company shall at all times reserve ----------------------------- and keep available out of its authorized but unissued shares of Class A Stock, for the purpose of effecting the conversion or exchange of the Class B Stock, such number of its duly authorized shares of Class A Stock as shall be sufficient to effect the conversion or exchange, in accordance with the terms thereof, of any Class B Stock from time to time outstanding.
