Common use of Reservation of Common Units Clause in Contracts

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 B Preferred Units, such number of Common Units as shall from time to time be sufficient to effect the conversion of all outstanding Series B 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 B 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. 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 B the Preferred Units, such number of its Common Units as shall from time to time be sufficient to effect the conversion of all outstanding Series B Preferred Units, and if . If at any time the number of authorized but unissued Common Units shall is not be sufficient to effect the conversion of all then outstanding Series B Preferred Units, the Company shall take such limited liability company corporate action as may may, in the opinion of its counsel, be necessary to increase its authorized but unissued Common Units to such number of Common Units as shall be sufficient for such purpose, including, without limitation, engaging in best efforts to obtain the requisite Member approval of any necessary amendment to this Operating Agreement and seeking the consent of the Managers.

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 B C Preferred Units, such number of Common Units as shall from time to time be sufficient to effect the conversion of all outstanding Series B 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 B 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. 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 B A Preferred Units, such number of Common Units as shall from time to time be sufficient to effect the conversion of all outstanding Series B A 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 B A 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.