Common use of Capital Stock of Subsidiaries Clause in Contracts

Capital Stock of Subsidiaries. All of the outstanding shares of capital stock and other equity securities or interests of each of the Company’s Subsidiaries and Building are duly authorized, validly issued, fully paid, nonassessable and free of preemptive rights and all such shares are owned, of record and beneficially, by the Company free and clear of all Liens (as defined in Section 4.12(a)), agreements, limitations in the Company’s voting rights, charges or other encumbrances of any nature.

Appears in 3 contracts

Samples: Merger Agreement (Nortel Networks Inc.), Merger Agreement (Nortel Networks LTD), Merger Agreement (Pec Solutions Inc)

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Capital Stock of Subsidiaries. All Except as set forth in Section 4.2(d) of the Company Disclosure Schedule, all of the outstanding shares of capital stock and other equity securities or interests of each of the Company’s Subsidiaries and Building are duly authorized, validly issued, fully paidpaid (to the extent applicable), nonassessable (to the extent applicable) and free of preemptive rights rights, and all such shares are owned, of record and beneficially, by the Company free and clear of all Liens (as defined in Section 4.12(a))Liens, agreements, limitations in the Company’s voting rights, charges or other encumbrances of any nature.

Appears in 3 contracts

Samples: Merger Agreement (Bell Microproducts Inc), Merger Agreement (Avnet Inc), Merger Agreement (Nu Horizons Electronics Corp)

Capital Stock of Subsidiaries. All of the outstanding shares of ----------------------------- capital stock and other equity securities or interests of each of the Company’s 's Subsidiaries and Building are duly authorized, validly issued, fully paid, nonassessable and free of preemptive rights and all such shares are owned, of record and beneficially, by the Company or another wholly-owned Subsidiary of the Company free and clear of all Liens (as defined in Section 4.12(a)4.19), agreements, limitations in the Company’s 's voting rights, charges or other encumbrances of any nature.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Headhunter Net Inc)

Capital Stock of Subsidiaries. All of the outstanding shares of capital stock and other equity securities or interests of each of the Company’s Subsidiaries and Building are duly authorized, validly issued, fully paid, nonassessable and free of preemptive rights and all such shares are owned, of record and beneficially, by the Company free and clear of all Liens (as defined in Section 4.12(a))Liens, agreements, limitations in the Company’s voting rights, charges or other encumbrances of any nature.

Appears in 1 contract

Samples: Merger Agreement (Pinnacle Data Systems Inc)

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Capital Stock of Subsidiaries. All of the outstanding shares of capital stock and other equity securities or interests of each of the Company’s 's Subsidiaries and Building are duly authorized, validly issued, fully paid, nonassessable and free of preemptive rights and all such shares are owned, of record and beneficially, by the Company or another wholly-owned Subsidiary of the Company free and clear of all Liens (as defined in Section 4.12(a)4.19), agreements, limitations in the Company’s 's voting rights, charges or other encumbrances of any nature.

Appears in 1 contract

Samples: Merger Agreement (Headhunter Net Inc)

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