Capital Stock. The authorized capital stock of the Company consists of 40,000,000 shares of $1.00 par value common stock (the “Company Common Stock”), none of which are issued and outstanding, and 5,000,000 shares of preferred stock, none of which are issued and outstanding.
Appears in 3 contracts
Samples: Agreement and Plan of Exchange, Agreement and Plan of Exchange (Investar Holding Corp), Agreement and Plan of Exchange (Investar Holding Corp)
Capital Stock. (i) The authorized capital stock of the Company consists of 40,000,000 of: (1) 100,000,000 shares of $1.00 Company Common Stock, par value common stock $0.001 per share and (2) 5,000,000 shares of preferred stock, par value $0.001 per share (the “Company Common Preferred Stock”), none . As of which the date hereof: (i) 29,831,115 Shares of Company Common Stock are issued and outstanding, and 5,000,000 (ii) no shares of preferred stock, none of which Company Preferred Stock are issued and outstanding. No Shares of Company Common Stock are owned or held by the Company.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Avigen Inc \De), Agreement and Plan of Merger (Medicinova Inc)
Capital Stock. The authorized capital stock of the Company consists solely of 40,000,000 30,000,000 shares of $1.00 common stock, with a par value common stock (the “Company Common Stock”)of $0.0001, none of which only the Shares listed in Schedule A have been issued. The Shares are issued and duly authorized, validly issued, outstanding, fully paid and 5,000,000 shares nonassessable. To Company’s Knowledge, the Shareholders own the FHP Shares, beneficially and of preferred stockrecord, none free and clear of which are issued and outstandingall liens.
Appears in 2 contracts
Capital Stock. The authorized capital stock of the Company consists of 40,000,000 (i) 45,000,000 shares of $1.00 par value common stock (the “Company Common Stock”), none of which 29,200,304 shares of Common Stock are issued and outstanding, and (ii) 5,000,000 shares of preferred stockPreferred Stock, none of which no shares are issued and outstanding.
Appears in 2 contracts
Samples: Securities Purchase Agreement (China Natural Gas, Inc.), Securities Purchase Agreement (China Natural Gas, Inc.)
Capital Stock. The authorized capital stock of the Company consists of 40,000,000 (a) 1,000,000,000 shares of $1.00 par value common stock (the “Company Common Stock”), none of which are 73,603,403 shares were issued and outstandingoutstanding as of February 13, 2012, and 5,000,000 (b) 250,000,000 shares of preferred stock, none no par value per share, of which are none were issued and outstandingoutstanding as of February 13, 2012.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Westend Sa), Stock Purchase Agreement (Weight Watchers International Inc)
Capital Stock. (a) The Company’s authorized capital stock consists of 1000 shares of Common Stock, $0.001 par value per share, of which 1000 shares have been issued to Seller and constitute the Shares as defined above. All of the Company consists of 40,000,000 shares of $1.00 par value common stock (the “Company Common Stock”)Shares are duly authorized, none of which are issued validly issued, fully paid and outstanding, and 5,000,000 shares of preferred stock, none of which are issued and outstandingnon-assessable.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Omnireliant Holdings, Inc.), Stock Purchase Agreement (Abazias Inc)
Capital Stock. (a) The authorized capital stock of the Company consists of 40,000,000 3,602,375,096 shares, consisting of 3,550,000,000 shares of common stock, par value $1.00 par value common stock per share (the “"Company Common Stock”"), none of which are issued and outstanding, and 5,000,000 52,375,096 shares of preferred stock, none of which are issued and outstandingpar value $.01 per share ("Company Preferred Stock").
Appears in 2 contracts
Samples: Agreement and Plan of Merger (At&t Corp), Agreement and Plan of Merger (Tele Communications Inc /Co/)
Capital Stock. The authorized capital stock of the Company consists of 40,000,000 of, immediately prior to the Closing, 5,000,000 shares of $1.00 par value common stock (the “Company Preferred Stock and 800,000,000 shares of Common Stock”), none of which 69,151,608 shares of Common Stock are currently issued and outstanding, and 5,000,000 . No shares of preferred stock, none of which Preferred Stock are currently issued and outstanding. All of the outstanding shares of Common Stock have been validly issued, are fully paid and non-assessable, and are free and clear of any Lien.
Appears in 2 contracts
Samples: Note and Warrant Purchase Agreement (Network Cn Inc), Note and Warrant Purchase Agreement (Network Cn Inc)
Capital Stock. The authorized capital stock of the Company consists solely of 40,000,000 100,000,000 shares of $1.00 par value common stock (the “Company Common Stock”), none of which are 14,423,553 shares were issued and outstandingoutstanding as of March 24, 2003. All of the outstanding capital stock of the Company is duly authorized, validly issued, fully paid and 5,000,000 shares nonassessable and was not issued in violation of preferred stock, none of which are issued and outstandingany preemptive rights.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Career Education Corp), Agreement and Plan of Merger (Whitman Education Group Inc)
Capital Stock. The entire authorized capital stock of the Company consists of 40,000,000 10,000,000 shares of $1.00 common stock, no par value common stock (the “Company Common Stock”)value, none of which 3,893,791 shares are issued and outstanding, outstanding as of the date hereof. No shares are held by the Company as treasury shares and 5,000,000 no shares of preferred stock, none the Company Common Stock have been acquired by the Company that are subject to outstanding pledges to secure the future payment of which are issued and outstandingthe purchase price therefor.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Ivex Packaging Corp /De/), Agreement and Plan of Merger (Ivex Packaging Corp /De/)
Capital Stock. The authorized capital stock of the Company consists of 40,000,000 (a) 1,500,000,000 shares of $1.00 par value common stock (the “Company Common Stock”), none of which are 363,458,742 shares were issued and outstandingoutstanding as of May 29, 2015, and 5,000,000 (b) 100,000,000 shares of preferred stock, none of which are none were issued and outstandingoutstanding as of May 29, 2015.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Wendy's Co), Stock Purchase Agreement (Trian Fund Management, L.P.)
Capital Stock. The authorized capital stock of the Company Capital Stock consists of 40,000,000 only of: 10,000,000 shares of $1.00 par value common stock (the “Company Common Stock”). As of the Closing, none 50,000 shares of which Company Common Stock are issued and outstanding, and 5,000,000 shares of preferred stock, none all of which are issued owned by Seller free and outstandingclear of all Liens. All of the outstanding shares of Company Capital Stock are duly authorized and validly issued, fully paid and nonassessable and not subject to any preemptive rights.
Appears in 1 contract
Samples: Share Purchase Agreement (Compass Group Diversified Holdings LLC)
Capital Stock. (a) The authorized capital stock of the Company consists of 40,000,000 100,000 shares of $1.00 par value common stock (the “Company Common Stock”), none $0.00 par value, of which 1,000 Shares are duly authorized, validly issued, outstanding, fully paid and non-assessable. Sellers own all of the Shares of the issued and outstanding, and 5,000,000 shares outstanding capital stock of preferred stock, none of which are issued and outstandingthe Company.
Appears in 1 contract
Capital Stock. (1) The authorized capital stock of the Company consists of 40,000,000 1000 shares of Common Stock, par value $1.00 par value common stock (the “Company Common Stock”)per share, none of which 1000 shares are issued and outstanding. There are no options, agreements, warrants or commitments of any kind or nature or any outstanding securities or other instruments exchangeable or convertible into the Common Stock of Company or any shares of any class of capital stock of Company 5 Affiliates except as set forth in Schedule 4.1(a)(1). Each outstanding share of Common Stock of Company is duly authorized, validly issued and outstanding, and 5,000,000 shares of preferred stock, none of which are issued fully paid and outstandingnon-assessable.
Appears in 1 contract
Capital Stock. The authorized capital stock of the Company consists of 40,000,000 of: (i) 125,000,000 shares of $1.00 par value common stock (the “Company Common Stock”), none of which are issued Stock and outstanding, and 5,000,000 (ii) 5,610,969 shares of preferred stock, none par value $0.001 per share (the “Company Preferred Stock”). As of which are issued and outstanding.the close of business on April 16, 2010:
Appears in 1 contract
Capital Stock. The authorized capital stock of the Company consists of 40,000,000 (a) 400,000,000 shares of $1.00 par value common stock (the “Company Common Stock”), of which 224,854,553 shares were issued and outstanding as of May 9, 2024 and (b) 5,000,000 shares of Preferred Stock, $.001 par value, none of which are were issued and outstandingor outstanding as of May 9, and 5,000,000 shares of preferred stock, none of which are issued and outstanding2024.
Appears in 1 contract
Capital Stock. The authorized capital stock of the Company consists of 40,000,000 (i) 300,000,000 shares of $1.00 par value common stock (the “Company Common Stock”); and (ii) 50,000,000 shares of Company Preferred Stock. As of the Capitalization Date, none (A) no shares of which are Company Preferred Stock were issued and outstanding, and 5,000,000 ; (B) 126,337,950 shares of preferred stock, none of which are Company Common Stock were issued and outstanding; and (C) no shares of Company Common Stock were held by the Company as treasury shares.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Rackspace Hosting, Inc.)
Capital Stock. (a) The authorized capital stock of the Company consists solely of 40,000,000 7,500 shares of $1.00 par value common stock (the “Company Common Stock”), none of which 2,100 shares are issued and outstanding, no shares are held in treasury and 5,000,000 no shares are reserved for future issuance. All of the issued and outstanding shares of preferred stock, none of which are issued and outstanding.Company
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Graham Field Health Products Inc)
Capital Stock. The authorized capital stock of the Company consists of 40,000,000 50,000,000 shares of $1.00 par value common stock (the “Company Common Stock”)capital stock, none all of which are Common Stock. Following the consummation of the transactions contemplated hereby, there will be 36,000,000 shares of Common Stock issued and outstanding, and 5,000,000 shares of preferred stock, none all of which are issued and outstandingwill be owned by the Investors.
Appears in 1 contract
Samples: Stock Purchase Agreement (Fidelity National Financial Inc /De/)
Capital Stock. The authorized capital stock ------------- of the Company consists of 40,000,000 shares of $1.00 par value common stock (the “Company Common Stock”), none without par value, and 1,000,000 shares of which are Preferred Stock, without par value. As of May 1, 1998, there were 23,812,204 shares of Common Stock issued and outstanding, and 5,000,000 there are no issued and outstanding shares of preferred Preferred Stock. Except as set forth on Schedule 1, there are no other outstanding rights, plans, options, warrants, ---------- conversion rights or agreements for the purchase, exercise or acquisition from the Company of shares of its capital stock, none of which are issued and outstanding.
Appears in 1 contract
Samples: Unit Purchase Agreement (Silicon Valley Research Inc)
Capital Stock. The authorized capital stock of the Company consists of 40,000,000 a single class of Twenty Million (20,000,000) shares of $1.00 par value common stock (the “Company Common Stock”), none $.0l par value, of which approximately 3,175,145 shares are outstanding as of the date hereof, all of which are fully paid and validly issued and outstanding, and 5,000,000 . The shares of preferred stock, none Common Stock are the only voting shares of which the Company. There are issued and outstandingno outstanding options or warrants for the purchase of shares of Common Stock except as set forth in Schedule 4(l).
Appears in 1 contract
Capital Stock. The authorized capital stock of the Company consists of 40,000,000 of: 380,000,0000 shares of $1.00 par value common stock (the “Company Common Stock”; of which 25,852,809 shares of Company Common Stock were issued and outstanding (not including shares held in treasury), ; none of which are issued and outstandingheld by the Company in its treasury. All of the outstanding shares of capital stock of the Company are duly authorized, validly issued, fully paid, and 5,000,000 shares of preferred stocknon-assessable, none of which are issued and outstandingnot subject to any pre-emptive rights.
Appears in 1 contract
Capital Stock. The authorized capital stock of the Company consists of 40,000,000 1,000 shares of $1.00 par value common stock (the “Company Common Stock”), none Stock and no other shares of which capital stock. All 1,000 shares of Company Common Stock are issued and outstanding, outstanding and 5,000,000 are beneficially owned by Seller. All outstanding shares of preferred stockCompany Common Stock are duly authorized, none of validly issued, fully paid and non-assessable, have been issued in compliance with federal and state securities laws and are not subject to preemptive rights created by statute, the Company Charter Documents, or any agreement to which are issued and outstandingthe Company is a party or by which it is bound.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Isco International Inc)
Capital Stock. The authorized capital stock of the Company consists solely of 40,000,000 Three Million (3,000,000) shares of $1.00 par value common stock (the “Company Common Stock”), none of which are only the Company Shares have been issued and are outstanding. The Company Shares are duly authorized, validly issued, outstanding, fully paid and 5,000,000 shares nonassessable and have been issued free of preferred stockany pre-emptive rights. Each Shareholder or its Permitted Transferee owns its respective Company Shares, none beneficially and of which record, free and clear of all Liens. Except for this Agreement, there are issued and outstandingno outstanding Options with respect to the Company.
Appears in 1 contract
Samples: Agreement and Plan of Merger and Reorganization (Atmos Energy Corp)
Capital Stock. The authorized capital stock of the Company consists of 40,000,000 one thousand (1,000) shares of $1.00 par value common stock (the “Company Common Stock”), none of which one thousand (1,000) shares are issued and outstanding, and 5,000,000 . All of said outstanding shares of preferred stockthe Company have been duly authorized and validly issued, none of are fully paid and non-assessable. There are no options, warrants or other agreements or commitments which are issued and outstandingnow or may in the future obligate the Company to issue or purchase any shares of its capital stock or other securities.
Appears in 1 contract
Samples: Merger Agreement (Penn Akron Corp)
Capital Stock. (a) The authorized capital stock of the Company consists of 40,000,000 1,000 shares of the Common Stock of Company, $1.00 par value common stock (the “Company Common Stock”)per share, none of which are issued and outstanding, and 5,000,000 1,000 shares of preferred stock, none of which are issued and outstanding.
Appears in 1 contract
Capital Stock. The authorized capital stock of the Company consists of 40,000,000 60,000,000 shares of $1.00 par value common stock (the “Company Common Stock”), none without par value, and 1,000,000 shares of which are Preferred Stock, without par value. As of June 15, 2001 there were 40,774,786 shares of Common Stock issued and outstanding, and 5,000,000 there are no issued and outstanding shares of preferred Preferred Stock. Except as set forth on the Schedule of Exceptions, there are no other outstanding rights, plans, options, warrants, conversion rights or agreements for the purchase, exercise or acquisition from the Company of shares of its capital stock, none of which are issued and outstanding.
Appears in 1 contract
Samples: Stock Purchase Agreement (Silicon Valley Research Inc)
Capital Stock. (i) The authorized capital stock of the Company consists of 40,000,000 shares 500,000,000 Ordinary Shares and 10,000,000 Preferred Shares. As of $1.00 par value common stock (the “Company Common Stock”)date hereof, 23,697,210 Ordinary Shares were issued and outstanding and none of which are the Preferred Shares were issued and outstanding, and 5,000,000 . All of the outstanding shares of preferred stockcapital stock of Company are duly authorized and validly issued, none of which are issued fully paid and outstandingnonassessable and not subject to any preemptive rights.
Appears in 1 contract
Samples: Securities Purchase Agreement (China Jo-Jo Drugstores, Inc.)
Capital Stock. (i) The authorized capital stock of the Company consists of 40,000,000 shares 500,000,000 Ordinary Shares and 10,000,000 Preferred Shares. As of $1.00 par value common stock (the “Company Common Stock”)date hereof, 4,337,360 Ordinary Shares were issued and outstanding and none of which are the Preferred Shares were issued and outstanding, and 5,000,000 . All of the outstanding shares of preferred stockcapital stock of Company are duly authorized and validly issued, none of which are issued fully paid and outstandingnonassessable and not subject to any preemptive rights.
Appears in 1 contract
Samples: Securities Purchase Agreement (China Jo-Jo Drugstores Holdings, Inc.)
Capital Stock. (i) The authorized capital stock of the Company consists of 40,000,000 8,000,000 shares of $1.00 par value common stock (the “Company Common Stock”), none of which are issued Stock and outstanding, and 5,000,000 4,000,000 shares of preferred stock, none par value $0.10 per share (the "Preferred Stock"), of which as of the date hereof 3,620,092 shares of Company Common Stock and no shares of Preferred Stock are validly issued and outstanding, fully paid and nonassessable, and no shares of Company Common Stock or Preferred Stock are held in the treasury.
Appears in 1 contract
Capital Stock. The authorized capital stock of the Company as of the date hereof consists of 40,000,000 100,000,000 shares of $1.00 par value common stock (the “Company Common Stock”)stock, none 9,589,956 of which shares are issued and outstanding, outstanding ("Common Stock") and 5,000,000 10,000,000 shares of preferred stock, none of which are currently issued and outstanding.
Appears in 1 contract
Capital Stock. (a) The authorized capital stock of the Company consists of 40,000,000 1,000,000 shares of the Common Stock of Company, $1.00 0.00 par value common stock (the “Company Common Stock”)per share, none of which are issued and outstanding, and 5,000,000 1,000 shares of preferred stock, none of which are issued and outstanding.
Appears in 1 contract
Capital Stock. The authorized capital stock of the Company consists of 40,000,000 20,000,000 shares of $1.00 par value common stock (the “Company Common Stock”), none of which are issued and outstanding, Stock and 5,000,000 shares of preferred stockPreferred Stock, none par value $1.00 per share, of which 8,859,098 shares of Common Stock are issued and outstandingoutstanding as of the date of this Agreement.
Appears in 1 contract
Capital Stock. The authorized capital stock of the Company consists of 40,000,000 60,000,000 shares of $1.00 par value common stock (the “Company Common Stock”), none without par value, and 1,000,000 shares of which are Preferred Stock, without par value. As of September 30, 2001 there were 42,583,965 shares of Common Stock issued and outstanding, and 5,000,000 there are no issued and outstanding shares of preferred Preferred Stock. Except as set forth on the Schedule of Exceptions, there are no other outstanding rights, plans, options, warrants, conversion rights or agreements for the purchase, exercise or acquisition from the Company of shares of its capital stock, none of which are issued and outstanding.
Appears in 1 contract
Samples: Stock Purchase Agreement (Silicon Valley Research Inc)
Capital Stock. The authorized capital stock of the Company consists of 40,000,000 1,000 shares of Common Stock, $1.00 .01 par value common stock (the “Company Common Stock”)per share, none all of which are issued and outstanding, . All of the issued and 5,000,000 shares of preferred stock, none of which outstanding Shares are duly and validly issued and outstanding., are fully paid and nonassessable, and were issued pursuant to a valid exemption from registration under the Securities Act and all applicable state securities
Appears in 1 contract
Capital Stock. The authorized capital stock of the Company consists of 40,000,000 200 shares of $1.00 par value common stock (the “Company Common Stock”)stock, none of which 20 are issued and outstanding. No person, and 5,000,000 firm or corporation has any agreement, option, right or privilege, whether preemptive or contractual, capable of becoming an agreement for the purchase or acquisition of any bonds, debentures, shares or other securities of preferred stock, none of which are issued and outstandingthe Company.
Appears in 1 contract
Samples: Stock Exchange Agreement (Colonial Direct Financial Group Inc)
Capital Stock. (i) The authorized capital stock of the Company consists of 40,000,000 20,000,000 shares of $1.00 Preferred Stock, par value common stock $0.01 per share (the “"Preferred Stock"), and 100,000,000 shares of Company Common Stock”), none of which are as of the date hereof no shares of Preferred Stock and 12,276,063 shares of Company Common Stock were validly issued and outstanding, fully paid and 5,000,000 nonassessable. No shares of preferred stock, none of which Company Common Stock or Preferred Stock are issued and outstandingheld in the treasury by the Company.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Insurance Management Solutions Group Inc)
Capital Stock. The authorized capital stock of the Company consists of 40,000,000 shares of $1.00 par value common stock (the “Company Common Stock”), none without par value, and 1,000,000 shares of which are Preferred Stock, without par value. As of December 1, 1997, there were 16,789,699 shares of Common Stock issued and outstanding, and 5,000,000 there are no issued and outstanding shares of preferred stock, none of which are issued and outstandingPreferred Stock.
Appears in 1 contract
Samples: Unit Purchase Agreement (Silicon Valley Research Inc)
Capital Stock. The authorized capital stock of the Company consists of 40,000,000 of: (i) 35,000,000 shares of $1.00 common stock, par value $0.01 per share, of which approximately 15,825,957 shares of common stock (the “Company Common Stock”), none of which are issued and outstanding, on a fully-diluted and 5,000,000 shares of preferred stockconverted basis, none of which are immediately prior to the Share Exchange (or approximately concurrent with the Share Exchange, not including the Company Shares that will he issued and outstandingto the Enviro Shareholders in connection with this Share Exchange).
Appears in 1 contract
Capital Stock. The authorized capital stock of the Company consists of 40,000,000 1,000 shares of $1.00 par value common stock (the “Company Common Stock”), none all of which shares are issued and outstanding, and 5,000,000 . All of the outstanding shares of preferred stock, none of which are Common Stock have been validly issued and outstandingare fully paid and non-assessable. There are no subscriptions, warrants, options, calls, debt instruments, commitments or agreements to which the Company is bound relating to the issuance, sale or redemption of shares of the Common Stock or other securities of the Company.
Appears in 1 contract
Capital Stock. (a) The authorized capital stock of the Company consists of 40,000,000 5,000 shares of common stock, $1.00 par value common stock per share (the “Company Common Stock”), none all of which shares of Company Common Stock are issued and outstanding. All of the issued and outstanding shares of Company Common Stock are validly issued, fully paid and non-assessable, have not been issued in violation of any federal or state securities Laws, and 5,000,000 shares are owned beneficially and of preferred stock, none of which are issued and outstandingrecord by AE.
Appears in 1 contract
Capital Stock. 4.03.1 The authorized capital stock of the Company Corporation consists solely of 40,000,000 10,000,000 common shares of $1.00 without par value common stock (the “Company Common Stock”)value, none of which 3,900,000 common shares are issued and outstanding, outstanding and 5,000,000 shares of preferred stock, none of which are issued and outstandingheld by the Shareholders (the "Corporation Shares").
Appears in 1 contract
Samples: Share Exchange and Share Purchase Agreement (I Tech Holdings Inc)
Capital Stock. The authorized capital stock of the Company consists of 40,000,000 20,000,000 shares of $1.00 par value common stock (the “Company Common Stock”), none $0.001 par value, of which 8,936,440 shares are validly issued and outstanding, and 5,000,000 . All of said outstanding shares of preferred stockthe Company have been duly authorized and validly issued, none of are fully paid and nonassessable. There are no options, warrants or other agreements or commitments which are issued and outstandingnow or may in the future obligate the Company to issue or purchase any shares of its capital stock or other securities.
Appears in 1 contract
Capital Stock. The authorized capital stock of the Company consists of 40,000,000 of: (i) 125,000,000 shares of $1.00 par value common stock (the “Company Common Stock”), none of which are issued Stock and outstanding, and 5,000,000 (ii) 5,610,969 shares of preferred stock, none par value $0.001 per share (the “Company Preferred Stock“). As of which are issued and outstanding.the close of business on April 16, 2010:
Appears in 1 contract
Capital Stock. The authorized capital stock of the Company consists of 40,000,000 100,000 shares of Common Stock, par value $1.00 par value common stock per share (the “Company "Common Stock”"), none of which 10,000 shares are issued and outstanding, and 5,000,000 the Company has no authority to issue any other capital stock. The authorized capital stock of each of the Subsidiaries, the number of shares of preferred stock, none of which are issued and outstanding., and the beneficial owner of such shares are listed on Schedule 2.1.2
Appears in 1 contract
Capital Stock. (i) The authorized capital stock of the Company consists of 40,000,000 90,000,000 shares of $1.00 Common Stock, no par value common stock (the “Company Common per share, and 50,000,000 shares of Preferred Stock”), none no par value per share, all of which are issued and outstanding, and 5,000,000 shares of preferred stock, none of which are issued and outstandingdesignated Series C Preferred Stock.
Appears in 1 contract
Capital Stock. The authorized capital stock of the Company consists of 40,000,000 50,000,000 shares of $1.00 common stock having a par value common stock (of $0.001 per share of which 1,221,890 shares will be issued and outstanding on the “Company Common Stock”)Closing Date, none and all of which are issued or will be on the Closing Date, validly issued, fully paid and outstanding, non-assessable; and 5,000,000 shares of preferred stock, none undesignated capital stock of which none are issued and designated or outstanding.
Appears in 1 contract