Common use of Capitalization of Seller Clause in Contracts

Capitalization of Seller. 3.2(a) The authorized capital stock of Seller consists of One Thousand (1,000) common shares, no par value. There are One Hundred (100) common shares issued and outstanding, all of which are owned of record and beneficially solely by Shareholder. There are no rights or options to acquire capital stock of Seller. All of the issued and outstanding shares of capital stock of Seller have been duly authorized and validly issued and are fully paid and nonassessable. There are no shares of capital stock of Seller held in its treasury.

Appears in 1 contract

Samples: Acquisition Agreement (Outback Steakhouse Inc)

AutoNDA by SimpleDocs

Capitalization of Seller. 3.2(a) The authorized capital stock of Seller consists solely of One Thousand (1,000) 10,000,000 shares of common sharesstock, no par value. There of which 5,000,000 shares are One Hundred (100) common shares issued and outstanding. Schedule 3.14 sets forth the names of the holders of the common stock and other rights exercisable for, all or convertible into, shares of which are owned of record and beneficially solely by Shareholder. There are no rights or options to acquire Seller’s capital stock and the number of shares of Seller. All of the issued and outstanding shares of ’s capital stock of Seller have been duly authorized and validly issued and are fully paid and nonassessable. There are no shares of capital stock of Seller held in its treasuryso issuable.

Appears in 1 contract

Samples: Asset Purchase Agreement (Entertainment Games, Inc.)

Capitalization of Seller. 3.2(a) The authorized capital stock of Seller consists of One Thousand Million (1,0001,000,000) common shares, no par valuevalue $0.01. There are One Hundred Thousand (1001,000) common shares issued and outstanding, all of which are owned of record and beneficially solely by Shareholder. There are no rights or options to acquire capital stock of Seller. All of the issued and outstanding shares of capital stock of Seller have been duly authorized and validly issued and are fully paid and nonassessable. There are no shares of capital stock of Seller held in its treasury.

Appears in 1 contract

Samples: Acquisition Agreement (Outback Steakhouse Inc)

Capitalization of Seller. 3.2(a) The authorized capital stock of Seller consists of One Sixty Thousand (1,00060,000) common shares, no par value. There are One Hundred Thousand (1001,000) common shares issued and outstanding, all of which are owned of record and beneficially solely by Shareholder. There are no rights or options to acquire capital stock of Seller. All of the issued and outstanding shares of capital stock of Seller have been duly authorized and validly issued and are fully paid and nonassessable. There are no shares of capital stock of Seller held in its treasury.

Appears in 1 contract

Samples: Acquisition Agreement (Outback Steakhouse Inc)

Capitalization of Seller. 3.2(a) The authorized capital stock of Seller consists of One Ten Thousand (1,00010,000) common shares, no par valuevalue $0.1. There are One Hundred Thousand Twenty (1001,020) common shares issued and outstanding, all of which are owned of record and beneficially solely by Shareholder. There are no rights or options to acquire capital stock of Seller. All of the issued and outstanding shares of capital stock of Seller have been duly authorized and validly issued and are fully paid and nonassessable. There are no shares of capital stock of Seller held in its treasury.

Appears in 1 contract

Samples: Asset Purchase Agreement (Outback Steakhouse Inc)

Capitalization of Seller. 3.2(a) The total authorized capital stock of Seller consists of One Thousand (1,000) 200 shares of common sharesstock, no par value. There , of which 59 shares are One Hundred (100) common shares issued and outstanding, all of which are owned of record and beneficially solely by Shareholder. There are no rights or options to acquire capital stock of Seller. All of the such issued and outstanding shares of capital stock of Seller have been duly authorized and validly issued and issued, are fully paid and nonassessable. There are no shares of capital stock of Seller held non-assessable and were issued in its treasurycompliance with all appropriate federal and state securities laws.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Complete Management Inc)

Capitalization of Seller. 3.2(a) The authorized capital stock of Seller consists of One Thousand Five Hundred (1,000500) common shares, no par value. There are One Five Hundred (100500) common shares issued and outstanding, all of which are owned of record and beneficially solely by Shareholder. There are no rights or options to acquire capital stock of Seller. All of the issued and outstanding shares of capital stock of Seller have been duly authorized and validly issued and are fully paid and nonassessable. There are no shares of capital stock of Seller held in its treasury.

Appears in 1 contract

Samples: Acquisition Agreement (Outback Steakhouse Inc)

Capitalization of Seller. 3.2(a) The authorized capital stock of Seller consists of One Hundred Thousand (1,000100,000) common shares, shares no par value. There are One Hundred (100) common shares issued and outstanding, all of which are owned of record and beneficially solely by Shareholder. There are no rights or options to acquire capital stock of Seller. All of the issued and outstanding shares of capital stock of Seller have been duly authorized and validly issued and are fully paid and nonassessable. There are no shares of capital stock of Seller held in its treasury.

Appears in 1 contract

Samples: Acquisition Agreement (Outback Steakhouse Inc)

AutoNDA by SimpleDocs

Capitalization of Seller. 3.2(a) The authorized capital stock of Seller consists of One Hundred Thousand (1,000100,000) common shares, no par valuevalue $1.00. There are One Hundred (100) common shares issued and outstanding, all of which are owned of record and beneficially solely by Shareholder. There are no rights or options to acquire capital stock of Seller. All of the issued and outstanding shares of capital stock of Seller have been duly authorized and validly issued and are fully paid and nonassessable. There are no shares of capital stock of Seller held in its treasury.

Appears in 1 contract

Samples: Acquisition Agreement (Outback Steakhouse Inc)

Capitalization of Seller. 3.2(a) The authorized capital stock of Seller consists of One Thousand (1,000) 1,000 shares of common sharesstock, no par value. There of which 100 shares are One Hundred (100) common shares issued and outstanding, all and no shares of which are owned of record and beneficially solely by ShareholderPreferred Stock. There are no options, warrants or other rights or options to acquire capital the common stock of Seller. All Schedule 3.21 sets forth the names of the issued and outstanding shares holders of capital the common stock of Seller have been duly authorized and validly issued and are fully paid and nonassessable. There are no shares of capital stock of Seller held in its treasurySeller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Neoware Systems Inc)

Capitalization of Seller. 3.2(a) The total authorized capital stock of Seller consists of One Thousand (1,000) 1,000,000 shares of common sharesstock, no par value. There , of which 1,564 shares are One Hundred (100) common shares issued and outstanding, all of which are owned of record and beneficially solely by Shareholder. There are no rights or options to acquire capital stock of Seller. All of the such issued and outstanding shares of capital stock of Seller have been duly authorized and validly issued and issued, are fully paid and nonassessable. There are no shares of capital stock of Seller held non-assessable and were issued in its treasurycompliance with all appropriate federal and state securities laws.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Complete Management Inc)

Capitalization of Seller. 3.2(a) The authorized capital stock of Seller consists of Ten Thousand (10,000) common shares, par value $1.00. There are One Thousand (1,000) common shares, no par value. There are One Hundred (100) common shares issued and outstanding, all of which are owned of record and beneficially solely by Shareholder. There are no rights or options to acquire capital stock of Seller. All of the issued and outstanding shares of capital stock of Seller have been duly authorized and validly issued and are fully paid and nonassessable. There are no shares of capital stock of Seller held in its treasury.

Appears in 1 contract

Samples: Acquisition Agreement (Outback Steakhouse Inc)

Capitalization of Seller. 3.2(a) The authorized capital stock of Seller consists of One Ten Thousand (1,00010,000) common shares, no par valuevalue $0.1. There are One Hundred (100) common shares issued and outstanding, all of which are owned of record and beneficially solely by Shareholder. There are no rights or options to acquire capital stock of Seller. All of the issued and outstanding shares of capital stock of Seller have been duly authorized and validly issued and are fully paid and nonassessable. There are no shares of capital stock of Seller held in its treasury.

Appears in 1 contract

Samples: Acquisition Agreement (Outback Steakhouse Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.