Common use of Capital Stock of the Subsidiaries Clause in Contracts

Capital Stock of the Subsidiaries. The authorized capital stock of each Subsidiary of the Company is set forth in Section 5.3.3 of the Disclosure Letter. Except as set forth in Section 5.3.3 of the Disclosure Letter, each such Subsidiary has no outstanding capital stock except for shares of capital stock owned beneficially and of record by the Company, all of which will be validly issued, fully paid, nonassessable and subject to no lien or restriction on transfer, except restrictions on transfer imposed by the Investor Agreements, the Material Agreements and applicable securities laws and Liens.

Appears in 1 contract

Samples: Securities Purchase Agreement (Digital Commerce Corp)

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Capital Stock of the Subsidiaries. The authorized capital --------------------------------- stock of each Subsidiary of the Company is set forth in Section 5.3.3 of the Disclosure LetterExhibit 4.3.3. Except as set forth in Section 5.3.3 of the Disclosure Letter, each Each such Subsidiary has no outstanding capital stock except for shares of capital stock owned beneficially and of record as set forth in Exhibit 4.3.3, by the Company, all of which will be validly issued, fully paid, nonassessable and subject to no lien or restriction on transfer, except restrictions on transfer imposed by the Investor Agreements, the Material Agreements and applicable securities laws and Liens.

Appears in 1 contract

Samples: Securities Purchase Agreement (Physician Health Corp)

Capital Stock of the Subsidiaries. The authorized capital --------------------------------- stock of each Subsidiary of the Company is set forth in Section 5.3.3 of the Disclosure LetterExhibit 4.3.3. Except as set forth in Section 5.3.3 of the Disclosure Letter, each Each such Subsidiary has no outstanding capital stock except for shares of capital stock owned beneficially and of record record, as set forth in Exhibit 4.3.3, by the Company, all of which will be validly issued, fully paid, nonassessable and subject to no lien or restriction on transfer, except restrictions on transfer imposed by the Investor Agreements, the Material Agreements and applicable securities laws and Liens.

Appears in 1 contract

Samples: Securities Purchase Agreement (Physician Health Corp)

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Capital Stock of the Subsidiaries. The authorized capital stock of each Subsidiary of the Company is set forth in Section 5.3.3 of the Disclosure LetterExhibit 4.3.3. Except as set forth in Section 5.3.3 of the Disclosure Letter, each Each such Subsidiary has no outstanding capital stock except for shares of capital stock owned beneficially and of record by the Company, all of which will be validly issued, fully paid, nonassessable and subject to no lien or restriction on transfer, except restrictions on transfer imposed by the Investor Agreements, the Material Agreements and applicable securities laws and Liens.

Appears in 1 contract

Samples: Securities Purchase Agreement (O Ray Holdings Inc)

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