RESERVATION OF UNITS. The Company will at all times reserve and keep available, solely for issuance and delivery upon the exercise of this Warrant, such Warrant Units and other stock, securities and property, as from time to time shall be issuable upon the exercise of this Warrant. As long as the Warrant shall be outstanding, the Company shall use its commercially reasonable efforts to cause all Warrant Units issuable upon exercise of the Warrants to be listed (subject to official notice of issuance) on each Exchange (or, if applicable on Nasdaq, NASD OTC Bulletin Board or Pink Sheets, LLC or any successor electronic quotation service and trading market) on which the Company's Membership Interests are then listed and/or quoted, if any.
RESERVATION OF UNITS. The Company will at all times reserve and keep available, solely for issuance and delivery upon the exercise of this Warrant, such Warrant Units and other stock, securities and property, as from time to time shall be issuable upon the exercise of this Warrant.
RESERVATION OF UNITS. The Company agrees during the term the rights under this Warrant are exercisable to take all reasonable action to reserve and keep available from its authorized and unissued units for the purpose of effecting the exercise of this Warrant such number of units as shall from time to time be sufficient to effect the exercise of the rights under this Warrant; and if at any time the number of authorized but unissued units shall not be sufficient for purposes of the exercise of this Warrant in accordance with its terms, without limitation of such other remedies as may be available to Holder, the Company will use all reasonable efforts to take such action as may be necessary to increase its authorized and unissued units to a number of units as shall be sufficient for such purposes.
RESERVATION OF UNITS. The aggregate number of Units that may be purchased under the UPP shall not exceed 800,000 of the Units reserved under the LTIP. If, on the Purchase Date, the aggregate funds of all Participants available for the purchase of Units would otherwise permit the purchase of a number of Units in excess of 800,000 Units (or such lesser number of Units as may then remain available under the LTIP), then the Committee shall allocate the available Units pro rata among the Participants in accordance with each Participant’s UPP Account balance.
RESERVATION OF UNITS. The Company shall at all times reserve and keep available for issuance upon the conversion of the Notes, such number of its authorized but unissued Units as will from time to time be sufficient to permit the conversion of all the then outstanding principal amount of the Notes and shall take all action required to increase the authorized number of Units if at any time there shall be insufficient authorized but unissued Units to permit such reservation or to permit the conversion of all the then outstanding principal amount of the Notes.
RESERVATION OF UNITS. If upon exercise the holder of the Warrant Agreement shall be entitled to receive stock, the Partnership and Successor shall reserve for purposes of exercise of the Warrant Agreement such equity interests from time to time issuable hereunder upon exercise of the Warrantholder's rights, and, when issued in accordance with the provisions of this Warrant Agreement, such interests will be, upon payment of the then applicable Exercise Price, validly issued, fully paid and non-assessable, and will be free of any taxes, liens, charges or encumbrances of any nature whatsoever (other than taxes in respect of any transfer occurring contemporaneously or otherwise specified herein). The Warrantholder shall be required to pay any tax which may be payable in respect of any transfer involved and the issuance and delivery of any certificate in a name other than that of the Warrantholder.
RESERVATION OF UNITS. The Company hereby agrees that the Class A Units and Class C Units set forth on Schedule A (the “Class A Deferred Units” and the “Class C Deferred Units,” respectively, and, together, the “Deferred Units”) shall be issued (and for all purposes of the LLC Agreement shall be deemed to be issued), without further consideration (including without limitation the making of any Capital Contribution to the Company), to the Executive in the amounts and upon the occurrence of the events described in Section 3 of this Agreement without further action of any party.
RESERVATION OF UNITS. We reserve the right to notify you by telegram, facsimile or by other means of the number of Units reserved for sale by you. Such Units will be reserved for sale by you until the time specified in our notification to you. Sales of any reserved Units after the time specified in the notification to you or any requests for additional Units will be subject to rejection in whole or in part.
RESERVATION OF UNITS. The Company will at all times reserve for issuance and delivery upon exercise of this Warrant all Units or other equity securities of the Company (and other securities and property) from time to time receivable upon exercise of this Warrant. All such Units (and other securities and property) shall be duly authorized and, when issued upon such exercise, shall be validly issued, fully paid and nonassessable and free of all preemptive rights.
RESERVATION OF UNITS. If the number of Warrant Units or other securities issuable upon exercise of this Warrant that are authorized and unissued under the Company’s then- effective LLC Agreement shall not be sufficient to effect the exercise of this Warrant in full, the Company will promptly take such corporate action as may, in the opinion of its counsel, be necessary to increase its authorized but unissued Warrant Units or other securities issuable upon exercise of this Warrant as shall be sufficient for such purpose.
