Authorized and Issued Sample Clauses
Authorized and Issued. Capital The authorized capital of Tribute Pharma consists of an unlimited number of common shares, of which at the date of this Agreement, 182 common shares (and no more) have been duly issued and are outstanding as fully paid and non-assessable. The authorized capital of Tribute Pharmaceuticals consists of an unlimited number of common shares, of which at the date of this Agreement, 182 common shares (and no more) have been duly issued and are outstanding as fully paid and non-assessable.
Authorized and Issued. The authorized and outstanding capital securities of the Company are as stated in the Company's Quarterly Report on Form 10-QSB for the fiscal quarter ended December 31, 1998 except as indicated on the Schedule of Exceptions. Except as otherwise disclosed in writing to Purchaser, there have been no material changes in the authorized securities of the Company. ii.
Authorized and Issued. As of the Initial Closing Date, the authorized and issued capitalization of the Company will consist of:
(1) Preferred Stock. 5,034,559 shares of Preferred Stock with par value of $0.01 per share; of these, 2,829,326 are designated Series A Convertible Preferred Stock, all of which is outstanding, 1,764,705 are designated Series B Convertible Preferred Stock, 880,000 of which are outstanding, and 440,528 are designated Series C Convertible Preferred Stock, none of which is outstanding prior to the Initial Closing.
(2) Common Stock. 15,000,000 shares of common stock, $.01 par
Authorized and Issued. As of the Closing Date, the authorized and issued capitalization of the Company will consist of:
Authorized and Issued. Capital (a) The authorized and issued capital of the Company is set forth in Section 3.8 of the Seller Disclosure Letter.