Common use of Borrower Capital Stock Clause in Contracts

Borrower Capital Stock. There is set forth in Exhibit 5. 3.1 a complete description of the Borrower Capital Stock. The Borrower Capital Stock is validly issued, fully paid and non-assessable, and has been issued and sold in compliance with all applicable federal and state laws, rules and regulations, including, without limitation, all so-called "Blue-Sky" laws. The Borrower Capital Stock is owned beneficially and of record by the Persons in the respective percentages set forth on Exhibit 5.3.1, free and clear of all Liens except the Security Interests.

Borrower Capital Stock. There is set forth in Exhibit 5. 3.1 a complete description of the Borrower Capital Stock. The Borrower Capital Stock is validly issued, fully paid and non-assessable, and has been issued and sold in compliance with the Plan of Reorganization and all applicable federal and state laws, rules and regulations, including, without limitation, all so-called "Blue-Sky" laws. The Except as described in Exhibit 5.3.1, the Borrower Capital Stock is owned beneficially and of record by the Persons in the respective amounts and percentages set forth on Exhibit 5.3.1, free and clear of all Liens except the Security Interests.

Borrower Capital Stock. There is set forth in Exhibit 5. 3.1 5.3.1 a complete description of the Borrower Capital Stock. The Borrower Capital Stock is validly issued, fully paid and non-assessable, and has been issued and sold in compliance with all applicable federal and state laws, rules and regulations, including, without limitation, all so-called "Blue-Sky" laws. The Borrower Capital Stock is owned beneficially and of record by the Persons in the respective percentages set forth on Exhibit 5.3.1, free and clear of all Liens except the Security Interests.