Common use of Capitalization of Holdings Clause in Contracts

Capitalization of Holdings. (a) The authorized capital stock of Holdings consists of thirty-five million (35,000,000) shares of common stock, par value $0.000001 per share, of which 17,230,303 shares are issued and outstanding as of the close of business on the date of this Agreement.

Appears in 7 contracts

Samples: Equity Purchase Agreement (AIRO Group, Inc.), Agreement and Plan of Merger (AIRO Group, Inc.), Agreement and Plan of Merger (AIRO Group, Inc.)

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Capitalization of Holdings. (a) The As of the Effective Date, the authorized capital stock of Holdings consists consisted of thirty-five million (35,000,000) 100,000,000 shares of common stockClass A Common Stock, par value $0.000001 .01 per share, of which 17,230,303 22,786,536 shares are issued and outstanding, 20,000,000 shares of Class B Common Stock, par value $.01 per share, of which no shares are outstanding, and 25,000,000 shares of Class C Common Stock, par value $.01 per share, of which 20,702,005 shares are outstanding. All such outstanding as shares of the close of business on the date of this Agreementstock are fully paid and nonassessable.

Appears in 2 contracts

Samples: Credit Agreement (American Media Operations Inc), Credit Agreement (American Media Operations Inc)

Capitalization of Holdings. (a) The As of the date of this Agreement, the authorized capital stock of Holdings consists of thirty-five million (35,000,000) 100,000,000 shares of common stock, par value $0.000001 1.00 per share, of which 17,230,303 29,122,777 shares are issued and outstanding, and 1,000,000 shares of preferred stock, par value $1.00 per share, of which no shares are outstanding. All such outstanding as shares of the close of business on the date of this Agreementstock are fully paid and nonassessable.

Appears in 1 contract

Samples: Credit Agreement (Franks Nursery & Crafts Inc)

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Capitalization of Holdings. (a) The Holdings represents and warrants that the number and designation of shares of Holdings authorized capital stock of Holdings consists of thirty-five million (35,000,000) 50,000,000 shares of preferred stock, par value $0.001, 350,000,000 shares of Class A common stock, par value $0.000001 0.001 per share and 150,000,000 shares of Class B common stock, par value $0.001 per share, . No shares of which 17,230,303 shares capital stock of Holdings are issued and or outstanding as of prior to the close of business on the date of this AgreementClosing.

Appears in 1 contract

Samples: Share Exchange Agreement (Cinemark Inc)

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