Common use of Capitalization of the Subsidiary Clause in Contracts

Capitalization of the Subsidiary. The Subsidiary is authorized by its Articles of Incorporation to issue 10,000,000 shares of the Subsidiary Common Stock, one share of which will be duly and validly issued and outstanding, fully paid, and non-assessable as of the Effective Date. Other than as disclosed herein, or in its filings on the SEC web site there are no outstanding options, contracts, commitments, warrants, preemptive rights, agreements or any rights of any character affecting or relating in any manner to the issuance of the Subsidiary Common Stock or other securities or entitling anyone to acquire the Subsidiary Common Stock or other securities of the Subsidiary.

Appears in 4 contracts

Samples: Administrative Services Agreement (Egpi Firecreek, Inc.), Administrative Services Agreement (Strategic Partners Consulting LLC), Administrative Services Agreement (Redquartz Atlanta LLC)

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Capitalization of the Subsidiary. The Subsidiary is authorized by its Articles of Incorporation to issue 10,000,000 1,000 shares of the Subsidiary Common Stock, one share of which will be duly and validly issued and outstanding, fully paid, and non-assessable as of the Effective Date. Other than as disclosed herein, or in its filings on the SEC web site there are no outstanding options, contracts, commitments, warrants, preemptive rights, agreements or any rights of any character affecting or relating in any manner to the issuance of the Subsidiary Common Stock or other securities or entitling anyone to acquire the Subsidiary Common Stock or other securities of the Subsidiary.. (m)

Appears in 1 contract

Samples: Agreement (VR Holdings, Inc.)

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Capitalization of the Subsidiary. The Subsidiary is authorized by its Articles of Incorporation to issue 10,000,000 1,000 shares of the Subsidiary Common Stock, one share of which will be duly and validly issued and outstanding, fully paid, and non-assessable as of the Effective Date. Other than as disclosed herein, or in its filings on the SEC web site there are no outstanding options, contracts, commitments, warrants, preemptive rights, agreements or any rights of any character affecting or relating in any manner to the issuance of the Subsidiary Common Stock or other securities or entitling anyone to acquire the Subsidiary Common Stock or other securities of the Subsidiary.

Appears in 1 contract

Samples: Plan and Agreement of Triangular Merger (Bioflamex Corp)

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