Common use of CAPITALIZATION OF CCC AND OWNERSHIP OF CCC STOCK Clause in Contracts

CAPITALIZATION OF CCC AND OWNERSHIP OF CCC STOCK. The authorized capital stock of CCC consists of 250,000,000 shares of Common Stock, of which 30,292,857 shares were outstanding on February 26, 1998, and 500,000 shares of Convertible Non-Voting Common Stock, par value $.001 per share, of which 500,000 shares were outstanding on February 26, 1998. The authorized capital stock of Newco consists of 1,000 shares of Common Stock, of which 100 shares are outstanding. All of the issued and outstanding shares of Newco are owned beneficially, and of record by CCC. All of the issued and outstanding shares of CCC Common Stock are duly authorized and validly issued shares of CCC, fully paid and non-assessable. All of the issued and outstanding shares of CCC Common Stock have been offered, issued, sold and delivered by CCC in compliance with all applicable state and federal laws concerning the issuance of securities and none of such shares was issued in violation of the preemptive rights of any shareholder of CCC.

Appears in 4 contracts

Samples: Agreement and Plan of Reorganization (Consolidation Capital Corp), Agreement and Plan of Reorganization (Consolidation Capital Corp), Agreement and Plan of Reorganization (Consolidation Capital Corp)

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CAPITALIZATION OF CCC AND OWNERSHIP OF CCC STOCK. The authorized capital stock of CCC consists of 250,000,000 shares of Common Stock, of which 30,292,857 shares were outstanding on February 26, 1998, and 500,000 shares of Convertible Non-Voting Common Stock, par value $.001 per share, of which 500,000 shares were outstanding on February 26, 1998. The authorized capital stock of Newco consists of 1,000 shares of Common Stock, of which 100 shares are outstanding. All of the issued and outstanding shares of Newco are owned beneficially, and of record by CCC. All of the issued and outstanding shares of CCC Common Stock are duly authorized and validly issued shares of CCC, fully paid and non-assessable. All of the issued and outstanding shares of CCC Common Stock have been offered, issued, sold and delivered by CCC in compliance with all applicable state and federal laws concerning the issuance of securities and none of such shares was issued in violation of the preemptive rights of any shareholder stockholder of CCC.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Consolidation Capital Corp), Agreement and Plan of Reorganization (Consolidation Capital Corp)

CAPITALIZATION OF CCC AND OWNERSHIP OF CCC STOCK. The authorized capital stock of CCC consists of 250,000,000 shares of Common Stock, of which 30,292,857 36,856,369 shares were outstanding on February 26April 30, 1998, and 500,000 shares of Convertible Non-Voting Common Stock, par value $.001 per share, of which 500,000 shares were outstanding on February 26March 31, 1998. The authorized capital stock of Newco consists of 1,000 100 shares of Common Stock, of which 100 shares are outstanding. All of the issued and outstanding shares of Newco are owned beneficially, and of record by CCC. All of the issued and outstanding shares of CCC Common Stock are duly authorized and validly issued shares of CCC, fully paid and non-assessable. All of the issued and outstanding shares of CCC Common Stock have been offered, issued, sold and delivered by CCC in compliance with all applicable state and federal laws concerning the issuance of securities and none of such shares was were issued in violation of the preemptive rights of any shareholder of CCC.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Consolidation Capital Corp)

CAPITALIZATION OF CCC AND OWNERSHIP OF CCC STOCK. The authorized capital stock of CCC consists of 250,000,000 shares of Common Stock, of which 30,292,857 34,216,310 shares were outstanding on February 26March 12, 1998, and 500,000 shares of Convertible Non-Voting Common Stock, par value $.001 per share, of which 500,000 shares were outstanding on February 26March 12, 1998. The authorized capital stock of Newco consists of 1,000 100 shares of Common Stock, of which 100 shares are outstanding. All of the issued and outstanding shares of Newco are owned beneficially, and of record by CCC. All of the issued and outstanding shares of CCC Common Stock are duly authorized and validly issued shares of CCC, fully paid and non-assessable. All of the issued and outstanding shares of CCC Common Stock have been offered, issued, sold and delivered by CCC in compliance with all applicable state and federal laws concerning the issuance of securities and none of such shares was were issued in violation of the preemptive rights of any shareholder of CCC.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Consolidation Capital Corp)

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CAPITALIZATION OF CCC AND OWNERSHIP OF CCC STOCK. The authorized capital stock of CCC consists of 250,000,000 shares of Common Stock, of which 30,292,857 shares were outstanding on February 2620, 1998, and 500,000 shares of Convertible Non-Voting Common Stock, par value $.001 per share, of which 500,000 shares were outstanding on February 2620, 1998. The authorized capital stock of Newco consists of 1,000 shares of Common Stock, of which 100 shares are outstanding. All of the issued and outstanding shares of Newco are owned beneficially, and of record by CCC. All of the issued and outstanding shares of CCC Common Stock are duly authorized and validly issued shares of CCC, fully paid and non-assessable. All of the issued and outstanding shares of CCC Common Stock have been offered, issued, sold and delivered by CCC in compliance with all applicable state and federal laws concerning the issuance of securities and none of such shares was issued in violation of the preemptive rights of any shareholder of CCC.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Consolidation Capital Corp)

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