Reservation of Parent Common Shares Sample Clauses

Reservation of Parent Common Shares. The Parent hereby represents, warrants and covenants that it has irrevocably reserved for issuance and will at all times keep available, free from preemptive and other rights, out of its authorized and unissued capital stock such number of Parent Common Shares (a) as is equal to the sum of (i) the number of Exchangeable Non-Voting Shares issued and outstanding from time to time and (ii) the number of Exchangeable Non-Voting Shares issuable upon the exercise of all rights to acquire Exchangeable Non-Voting Shares outstanding from time to time and (b) as are now and may hereafter be required to enable and permit the Purchaser and the Parent to meet their respective obligations hereunder, under the Support Agreement, under the Exchangeable Share Provisions and under any other security or commitment pursuant to which the Parent may now or hereafter be required to issue Parent Common Shares. To the extent permitted under Article 5 hereof, the Trust Shares may be used to satisfy the Parent's obligations under this Section 4.10.
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Reservation of Parent Common Shares. The Parent 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, out of its authorized and unissued capital stock such number of Parent Common Shares (a) as is equal to the sum of (i) the number of Exchangeable Shares issued and outstanding from time to time and (ii) the number of Exchangeable Shares issuable upon the exercise of all rights to acquire Exchangeable Shares outstanding from time to time and (b) as are now and may hereafter be required to enable and permit the Corporation and the Parent to meet their respective obligations hereunder, under the Support Agreement, under the Exchangeable Share Provisions and under any other security or commitment pursuant to which the Parent may now or hereafter be required to issue Parent Common Shares.
Reservation of Parent Common Shares. Parent hereby represents, warrants and covenants in favour of ExchangeCo that Parent has reserved for issuance and will, at all times while any Exchangeable Shares (other than Exchangeable Shares held by Parent or its Affiliates) are outstanding, keep available, free from pre-emptive and other rights, out of its authorized and unissued capital stock such number of Parent Common Shares (or other shares or securities into which Parent Common Shares may be reclassified or changed as contemplated by Section 2.7 hereof) (a) as is equal to the sum of (i) the number of Exchangeable Shares issued and outstanding from time to time and (ii) the number of Exchangeable Shares issuable upon the exercise of all rights to acquire Exchangeable Shares outstanding from time to time and (b) as are now and may hereafter be required to enable and permit Parent to meet its obligations under the Voting and Exchange Trust Agreement and under any other security or commitment pursuant to which Parent may now or hereafter be required to issue Parent Common Shares, to enable and permit ExchangeCo to meet its obligations under each of the Liquidation Call Right, the Retraction Call Right and the Redemption Call Right and its respective obligations hereunder and under the Share Provisions.
Reservation of Parent Common Shares. The Parent 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, out of its authorized and unissued capital stock such number of Parent Common Shares (or other shares or securities into which the Parent Common Shares may be reclassified or changed as contemplated by section 2.7 hereof) (a) as is equal to the sum of (i) the number of Exchangeable Shares issued and outstanding from time to time and (ii) the number of Exchangeable Shares issuable upon the exercise of all rights to acquire Exchangeable Shares 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 Voting and Exchange Trust Agreement, under the Exchangeable Share Provisions and under any other security or commitment pursuant to which the Parent may now or hereafter be required to issue Parent Common Shares. 2.4
Reservation of Parent Common Shares. For so long as any shares of the Parent Series B Preferred Stock or Warrants are outstanding, Parent at all times shall reserve and keep available, free of preemptive rights, solely for issuance and delivery upon conversion of the Parent Series B Preferred Stock and exercise of the Warrants, the number of Parent Common Shares from time to time issuable upon conversion of all of the Parent Series B Preferred Stock and exercise of all of the Warrants at the time outstanding.
Reservation of Parent Common Shares. The Parent 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, out of its authorized and unissued capital stock such number of Parent Common Shares (a) as is equal to the sum of (i) the number of Exchangeable Shares issued and outstanding from time to time and (ii) the number of Exchangeable Shares issuable upon the exercise of all rights to acquire Exchangeable Shares outstanding from time to time and (b) as are now and may hereafter be required to enable and permit the Corporation and Dutchco to meet their respective obligations hereunder, under the Support Agreement, under the Exchangeable Share Provisions and under any other security or commitment pursuant to which the Parent may now or hereafter be required to issue Parent Common Shares.
Reservation of Parent Common Shares. Parent hereby represents, warrants and covenants that it has irrevocably reserved for issuance and will at all times while any Exchangeable Shares are outstanding, keep available, free from pre-emptive and other rights, out of its authorized and unissued capital stock such number of Parent Common Shares (which Parent Common Shares may be reclassified or changed) as are now and may hereafter be required to enable and permit the Corporation and Callco to meet their respective obligations hereunder and under the Exchangeable Share Provisions. Parent further represents, warrants and covenants that the Parent Common Shares issuable as described herein will be duly authorized and validly issued as fully-paid and non-assessable.
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Reservation of Parent Common Shares. Parent hereby represents and warrants that it has irrevocably reserved for issuance out of its authorized and unissued capital stock such number of Parent Common Shares as is equal to the number of Exchangeable Shares outstanding immediately following the Effective Date and all vested and unvested Replacement Options, as that term is defined in the Acquisition Agreement, which are unexpired and unexercised, and covenants that at all times in the future while any Exchangeable Shares or Replacement Options are outstanding it will keep available, free from pre-emptive and other rights, out of its authorized and unissued capital stock such number of Parent Common Shares (or other shares or securities into which Parent Common Shares may be reclassified or changed) as is necessary to enable, BVI, Xxxxxx, XXX0 xxx the Acquisition Sub to perform their respective obligations pursuant to this agreement, the Exchangeable Share Provisions and the Voting and Exchange Trust Agreement.
Reservation of Parent Common Shares. The Parent 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, out of its authorized and unissued capital stock such number of Parent Common Shares (a) as is equal to 12
Reservation of Parent Common Shares. The Parent hereby represents, warrants and covenants in favour of the Acquiror and the Shareholders that the Parent has reserved for issuance and will, at all times while any Class B Shares are outstanding, keep available, free from pre-emptive and other rights, in accordance with the Parent’s articles of incorporation (or similar constating document), such number of Parent Common Shares as are now and may hereafter be required to enable and permit each of the Parent and the Acquiror to meet its obligations under the Share Provisions and any other security or commitment with respect to which the Parent and the Acquiror may now or hereafter be required to issue and/or deliver Parent Common Shares to the holders of the Class B Shares.
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