Common use of Capitalization of Companies Clause in Contracts

Capitalization of Companies. The Stockholders own in the aggregate all of the issued and outstanding equity interest of the Company, in each case free and clear of all Encumbrances, other than Encumbrances which will be extinguished on or prior to the Closing Date except for the security interest of a former shareholder in the Escrowed Shares.

Capitalization of Companies. The Stockholders own in the aggregate all of the issued and outstanding other equity interest of the CompanyCorporation and the Corporation owns all of the issued and outstanding equity interests of its Subsidiaries, in each case free and clear of all Encumbrances, other than Encumbrances which will be extinguished on or prior to the Closing Date except for the security interest of a former shareholder in the Escrowed SharesDate.

Capitalization of Companies. The Stockholders own in the aggregate all of the issued and outstanding other equity interest of the CompanyCompany and the Company shall own as of the Closing Date all of the issued and outstanding equity interests of its Subsidiaries, in each case free and clear of all Encumbrances, other than Encumbrances which will be extinguished on or prior to the Closing Date except for the security interest of a former shareholder in the Escrowed Shares.

Capitalization of Companies. The Stockholders Sellers own in the aggregate all of the issued and outstanding other equity interest of each of the CompanyCorporation and the Corporation owns all of the issued and outstanding equity interests of its Subsidiaries, in each case free and clear of all Encumbrances, other than Encumbrances which will be extinguished on or prior to the Closing Date except for the security interest of a former shareholder in the Escrowed SharesDate.