Common use of Authorized Capital of the Corporation Clause in Contracts

Authorized Capital of the Corporation. The authorized capital of the Corporation consists of an unlimited number of Common Shares, of which at the date hereof and at the Time of Closing, nine (9) Common Shares are and will be duly issued and outstanding as fully paid and non-assessable. The Purchased Shares shall at Closing constitute all of the issued and outstanding shares of the capital of the Corporation. The beneficial owners of the Purchased Shares on closing will be the following:

Authorized Capital of the Corporation. The authorized capital of the Corporation consists of an unlimited number of Common Sharesshares and an unlimited number of Class A" Special shares , of which which,at the date hereof and at the Time of Closing, nine (9) 100 Common Shares shares are and will be duly issued and outstanding as fully paid and non-assessable. The Purchased Shares shall at Closing constitute all of the issued and outstanding shares of the capital of the Corporation. The beneficial owners All of the Purchased Shares on closing will shall at Closing be owned legally by the following:Vendors.

Authorized Capital of the Corporation. The authorized capital of the Corporation consists of an unlimited number of Common Sharescommon shares and an unlimited number of preferred shares, of which at the date hereof and at the Time of Closing, nine one (91) Common Shares are common share is and will be duly issued and outstanding as fully paid and non-assessable. The Purchased Shares shall at Closing constitute all of the issued and outstanding shares of the capital of the Corporation. The beneficial owners All of the Purchased Shares on closing will shall at Closing be owned legally by the following:Vendor.