Common use of Capitalization and Ownership Clause in Contracts

Capitalization and Ownership. The authorized capital stock of the Borrower consists of 23,678 shares, of which 6,408 shares (referred to herein as the "Shares") are issued and outstanding and are owned, as of the Closing Date, as indicated on Schedule 6.1.2. All of the Shares have been validly issued and are fully paid and nonassessable. As of the Closing Date, there are no options, warrants or other rights outstanding to purchase any such shares except as indicated on Schedule 6.1.2.

Capitalization and Ownership. The As of August 31, 1997, the authorized capital stock ---------------------------- Capital Stock of the Borrower consists of 23,678 shares, 18,000,000 shares of common stock of which 6,408 8,632,272 shares (referred to herein as the "Shares") are were issued and outstanding and are owned, as 2,000,000 shares of the Closing Date, as indicated on Schedule 6.1.2preferred stock none of which was issued or outstanding. All of the Shares have Capital Stock of the Borrower has been validly issued and are is fully paid and nonassessable. As of the Closing DateExcept as set forth in Schedule 4.02, there are no options, ------------- warrants or other rights outstanding to purchase any such shares except as indicated on Schedule 6.1.2Capital Stock.

Capitalization and Ownership. The As of December 31, 2005, the authorized capital stock of the Borrower consists of 23,678 shares50,000,000 shares of common stock of which 23,131,211 shares are issued and 22,687,139 shares are outstanding, and 5,000,000 shares of preferred stock, of which 6,408 no shares (referred to herein as the "Shares") are were issued and outstanding and are owned, as of the Closing Date, as indicated on Schedule 6.1.2outstanding. All of the Shares have capital stock of the Borrower has been validly issued and are is fully paid and nonassessable. As of the Closing Date, there are no options, warrants or other rights outstanding to purchase any such shares except as indicated on Schedule 6.1.2.

Capitalization and Ownership. The As of December 31, 2003, the authorized capital stock of the Borrower consists of 23,678 shares30,000,000 shares of common stock of which 20,730,604 shares were issued and outstanding, and 5,000,000 shares of preferred stock, of which 6,408 no shares (referred to herein as the "Shares") are were issued and outstanding and are owned, as of the Closing Date, as indicated on Schedule 6.1.2outstanding. All of the Shares have capital stock of the Borrower has been validly issued and are is fully paid and nonassessable. As of the Closing Date, there are no options, warrants or other rights outstanding to purchase any such shares except as indicated on Schedule 6.1.2.

Capitalization and Ownership. The As of September 30, 1998, the ---------------------------- authorized capital stock of the Borrower consists of 23,678 shares200,000,000 shares of common stock of which 49,041,861 shares were issued and outstanding, and 20,000,000 shares of preferred stock, of which 6,408 shares one (referred to herein as the "Shares"1) are share is issued and outstanding and are owned, as of the Closing Date, as indicated on Schedule 6.1.2outstanding. All of the Shares have capital stock of the Borrower has been validly issued and are is fully paid and nonassessablenon- assessable. As of the Closing DateExcept as set forth in Schedule 4.02, there are no options, warrants ------------- or other rights outstanding to purchase any such shares except as indicated on Schedule 6.1.2capital stock.

Capitalization and Ownership. The authorized capital stock of the Borrower consists of 23,678 shares, 30,000,000 shares of common stock and 2,000,000 of preferred stock of which 6,408 7,737,216 shares (referred to herein as the "Shares") of common stock and 168,751 shares of Preferred Stock are issued and outstanding and are owned, as of the Closing Date, owned as indicated on Schedule 6.1.25.1.2. All of the Shares outstanding shares have been validly issued and are fully paid and nonassessable. As of the Closing Date, there There are no options, warrants or other rights outstanding to purchase any such shares except as indicated on Schedule 6.1.25.1.2.

Capitalization and Ownership. The As of September 30, 1998, the authorized capital stock of the Borrower consists of 23,678 shares30,000,000 shares of common stock of which 20,521,302 shares were issued and outstanding, and 5,000,000 shares of preferred stock, of which 6,408 no shares (referred to herein as the "Shares") are were issued and outstanding and are owned, as of the Closing Date, as indicated on Schedule 6.1.2outstanding. All of the Shares have capital stock of the Borrower has been validly issued and are is fully paid and nonassessable. As of the Closing DateExcept as set forth in Schedule 4.02, there are no options, warrants or other rights outstanding to purchase any such shares except as indicated on Schedule 6.1.2capital stock.

Capitalization and Ownership. The As of May 1, 1998, the authorized capital stock of the Borrower consists of 23,678 shares30,000,000 shares of common stock of which 20,410,752 shares were issued and outstanding, and 5,000,000 shares of preferred stock, of which 6,408 no shares (referred to herein as the "Shares") are were issued and outstanding and are owned, as of the Closing Date, as indicated on Schedule 6.1.2outstanding. All of the Shares have capital stock of the Borrower has been validly issued and are is fully paid and nonassessable. As of the Closing DateExcept as set forth in Schedule 4.02, there are no options, warrants or other rights outstanding to purchase any such shares except as indicated on Schedule 6.1.2capital stock.

Capitalization and Ownership. The authorized capital stock of the Borrower consists of 23,678 shares, 75,000,000 shares of common stock and 2,000,000 of preferred stock of which 6,408 17,815,164 shares (referred to herein as the "Shares") of common stock and 37,500 shares of Preferred Stock are issued and outstanding and are owned, as of the Closing Date, owned as indicated on Schedule 6.1.25.1.2. All of the Shares outstanding shares have been validly issued and are fully paid and nonassessable. As of the Closing Date, there There are no options, warrants or other rights outstanding to purchase any such shares except as indicated on Schedule 6.1.25.1.2."

Capitalization and Ownership. The As of September 30, 1998, the authorized capital stock of the Borrower consists consisted of 23,678 shares15,000,000 shares of common stock of which 7,245,690 shares were issued and outstanding, and 3,000,000 shares of preferred stock, of which 6,408 no shares (referred to herein as the "Shares") are were issued and outstanding and are owned, as of the Closing Date, as indicated on Schedule 6.1.2outstanding. All of the Shares have capital stock of the Borrower has been validly issued and are is fully paid and nonassessable. As of the Closing DateExcept as set forth in Schedule 4.02, there are no options, warrants or other rights outstanding to purchase any such shares except as indicated on Schedule 6.1.2capital stock.

Capitalization and Ownership. The As of December 31, 2001, the authorized capital stock of the Borrower consists of 23,678 shares30,000,000 shares of common stock of which 20,730,604 shares were issued and outstanding, and 5,000,000 shares of preferred stock, of which 6,408 no shares (referred to herein as the "Shares") are were issued and outstanding and are owned, as of the Closing Date, as indicated on Schedule 6.1.2outstanding. All of the Shares have capital stock of the Borrower has been validly issued and are is fully paid and nonassessable. As of the Closing DateExcept as set forth in Schedule 4.02, there are no options, warrants or other rights outstanding to purchase any such shares except as indicated on Schedule 6.1.2capital stock.

Capitalization and Ownership. The authorized capital stock of the Borrower consists of 23,678 shares, 30,000,000 shares of common stock of which 6,408 6,990,151 shares as of August 8, 2000 (referred to herein as the "Shares") are issued and outstanding and are owned, as of the Closing Date, as indicated on Schedule 6.1.2. All of the Shares have been validly issued and are fully paid and nonassessable. As of the Closing Date, there There are no options, warrants or other rights outstanding to purchase any such shares except as indicated on Schedule 6.1.2.. ---------------