Common use of Capitalization of Purchaser Clause in Contracts

Capitalization of Purchaser. The authorized capital stock of --------------------------- Purchaser consists of 1,000 shares common stock, par value $0.01 (the "Purchaser --------- Common Stock"). As of the date hereof, 1,000 shares of Purchaser Common Stock ------------ are outstanding, all of which (i) were validly issued, and are fully paid and nonassessable and (ii) are owned, directly or indirectly, by Parent.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Wesley Jessen Visioncare Inc), Agreement and Plan of Merger (Novartis Inc)

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Capitalization of Purchaser. The authorized capital stock of --------------------------- Purchaser consists of 1,000 40,000,000 shares common stock, par value $0.01 (the "of Purchaser --------- Common Stock"), of which 11,138,654 shares are issued and 10,906,754 are outstanding, and 10,000,000 shares of Preferred Stock, none of which are issued and outstanding. As of the date hereof, 1,000 An additional 1,479,666 shares of Purchaser Common Stock ------------ are outstanding, all issuable upon the exercise of which (i) were validly issued, outstanding options and are fully paid and nonassessable and (ii) are owned, directly or indirectly, by Parentwarrants.

Appears in 1 contract

Samples: Asset Purchase Agreement (Egames Inc)

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Capitalization of Purchaser. The authorized capital stock of --------------------------- Purchaser consists of 1,000 shares common stock, par value $0.01 (the "Purchaser --------- Common Stock"). As of the date hereof, 1,000 the authorized capital stock of Purchaser consists of 20,000,000 shares of Purchaser Common Stock ------------ Stock, par value $.01 per share, of which shares are issued and outstanding, all and 6,000,000 of Preferred Stock, par value $.01 per share, of which (i) were validly issued, shares are issued and are fully paid and nonassessable and (ii) are owned, directly or indirectly, by Parentoutstanding.

Appears in 1 contract

Samples: Asset Purchase Agreement (It Partners Inc)

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