Common use of Authorized and Issued Capital Clause in Contracts

Authorized and Issued Capital. The authorized capital of MFI consists of an unlimited number of common shares and an unlimited number of special shares, of which at the date of this Agreement, 350 Special Shares, 516,907 Special B Shares, and 1 Common Share have been duly issued and are outstanding as fully paid and non-assessable. Xxxxxxx is the registered and beneficial owner of 350 Special Shares and 516,907 Special B Shares in the capital of MFI and Xxxxx is the registered and beneficial owner of 1 Common Share in the capital of MFI.