Reservation of Common Units. The Company shall at all times reserve and keep available, solely for issuance and delivery upon the conversion of the Series A Preferred Units, all Common Units issuable from time to time upon such conversion.
Reservation of Common Units. The Company shall at all times when the Series B Convertible Preferred Units shall be outstanding, reserve and keep available out of its authorized but unissued Units, for the purpose of effecting the conversion of the Series B Convertible Preferred Units, such number of its duly authorized Common Units as shall from time to time be sufficient to effect the conversion of all outstanding Series B Convertible Preferred Units.
Reservation of Common Units. The Company shall at all times reserve and keep available out of its authorized but unissued Common Units, solely for the purpose of effecting the conversion of Series C Preferred Units, such number of Common Units as shall from time to time be sufficient to effect the conversion of all outstanding Series C Preferred Units, and if at any time the number of authorized but unissued Common Units shall not be sufficient to effect the conversion of all then outstanding Series C Preferred Units, the Company shall take such limited liability company action as may be necessary to increase its authorized but unissued Common Units to such number of Common Units as shall be sufficient for such purpose.
Reservation of Common Units. Seller will at all times have authorized and reserved for the purpose of issuance a sufficient number of Common Units to provide for the conversion of the Series A Preferred Units.
Reservation of Common Units. If at any time the number of authorized but unissued Common Units shall not be sufficient to effect the conversion of the then outstanding Preferred Units for which the Company has received notice of a voluntary conversion, the Manager shall take such action as may be necessary to increase the number of authorized but unissued Common Units to such number of Common Units as shall be sufficient for such purposes. The expiration of the applicable Effective Conversion Period shall be tolled until the number of authorized but unissued Common Units is increased to such number of Common Units as shall be sufficient to effect the conversion of the then outstanding Preferred Units for which the Company has received a notice of a voluntary conversion.
Reservation of Common Units. The Company covenants and agrees that it shall at all times keep reserved out of its authorized Common Units a number of Common Units sufficient to provide for the exercise of all outstanding Senior Note Warrants, and has taken and will continue to take all required actions on behalf of the Company to give effect to the issuance of the Common Units upon exercise of this Warrant.
Reservation of Common Units. The Partnership shall at all times reserve and keep available a number of its authorized but unissued common units that will be sufficient to permit the exercise in full of all outstanding Warrants issued pursuant to this Agreement.
Reservation of Common Units. The Company shall continue to reserve and keep available at all times, free of preemptive rights, a sufficient number of Common Units for the purpose of enabling the Company to issue Units pursuant to this Agreement, Note Units pursuant to the any conversion of any Note, and Warrant Units pursuant to any exercise of the Warrants.
Reservation of Common Units. The Company shall at all times reserve and keep available a number of its Common Units that shall be sufficient to permit the exercise in full of all outstanding Warrants issued pursuant to this Agreement.
Reservation of Common Units. The Company shall maintain a reserve from its duly authorized shares of Common Units equal to 100% of the Required Minimum to satisfy its obligation to issue the Put Shares in accordance with the terms of this Agreement.
