Corporate/Capital Structure Clause Samples
The Corporate/Capital Structure clause defines the organization and composition of a company's ownership and equity interests. It typically outlines the types and classes of shares or ownership units, the rights and preferences attached to each, and the distribution of ownership among shareholders or members. For example, it may specify the number of authorized shares, the percentage held by founders and investors, and any special voting or dividend rights. This clause ensures transparency regarding who controls the company and how financial and decision-making power is allocated, thereby reducing potential disputes and clarifying the company's governance framework.
Corporate/Capital Structure. The Lenders shall be satisfied with the ownership, corporate and legal structure and capitalization of the Company and its Subsidiaries, including, without limitation, the terms and conditions of their respective charters and by-laws, the terms of the Company's and such Subsidiaries' capital stock, options, warrants or other securities and any agreements related thereto.
Corporate/Capital Structure. The Lenders shall be satisfied --------------------------- with the ownership, corporate and legal structure and capitalization of the Company and its Subsidiaries, including, without limitation, the terms and conditions of their respective charters and by-laws, the terms of the Company's and such Subsidiaries' capital stock, options, warrants or other securities and any agreements related thereto.
Corporate/Capital Structure. The Purchasers shall be satisfied with the ownership, corporate, and legal structure and capitalization of the Issuers and the Guarantors, including, without limitation, the terms and conditions of any capital stock, options, warrants, or other securities issued by the Issuers and any agreements related thereto.
Corporate/Capital Structure. The Note Purchasers shall be satisfied with the ownership, corporate and legal structure and capitalization of Parent and its Subsidiaries, including, without limitation, the terms and conditions of any Capital Stock, options, warrants or other securities issued by Parent and each of its Subsidiaries and any agreements related thereto, and the management of Parent and each of its Subsidiaries shall be acceptable to the Note Purchasers.
Corporate/Capital Structure. (i) The authorized capital stock of Shine consists of 89,000,000 shares of common stock, par value $0.0001 per share and 1,000,000 shares of preferred stock, par value $0.0001 per share. As of the date hereof, (i) 8,758,333 shares of common stock are issued and outstanding, and (ii) 15,146,666 shares of common stock are reserved for issuance upon the exercise of outstanding options and warrants to purchase Shine’s common stock. No shares of preferred stock are issued and outstanding. Except as set forth above, no shares of capital stock or other voting securities of Shine were issued, reserved for issuance or outstanding. All outstanding shares of the capital stock of Shine are, and all such shares that may be issued prior to the date hereof will be when issued, duly authorized, validly issued, fully paid and nonassessable and not subject to or issued in violation of any right of first refusal, preemptive right or any similar right under any provision of the General Corporation Law of the State of Delaware or the Certificate of Incorporation, bylaw and other charter document of Shine.
(ii) The authorized capital stock of Buyer consists of 150,000,000 common shares, with no par value. One (1) common shares are issued and outstanding. All outstanding shares of the capital stock of Buyer are, and all such shares that may be issued prior to the date hereof will be when issued, duly authorized, validly issued, fully paid and nonassessable and not subject to or issued in violation of any right of first refusal, preemptive right or any similar right under any provision of the BVI International Business Companies Act, or the Memorandum and Articles of Association.
Corporate/Capital Structure. The Lender shall be satisfied with the ownership, corporate and legal structure and capitalization of Holdings, Parent and its Subsidiaries, including, without limitation, the terms and conditions of their respective charters and by-laws (or limited liability company agreement, as applicable), the terms of the Parent’s and such Subsidiaries’ capital stock, options, warrants or other securities and any agreements related thereto.
Corporate/Capital Structure. The Initial Purchasers shall be satisfied with the ownership, corporate and legal structure and capitalization of the Issuers including, without limitation, the terms and conditions of their respective charters and bylaws, the terms of the any capital stock and of the capital stock, options, warrants or other securities issued by either Issuer and any agreements related thereto and the management of the Issuers shall be acceptable to the Initial Purchasers.
Corporate/Capital Structure. The Purchaser shall be satisfied with the ownership, corporate and legal structure, capitalization and capital structure of the Company and the Existing Subsidiaries, including, without limitation, the terms and amounts of other debt, if any, the terms and conditions of any capital shares, options, warrants or other securities issued by the Company or the Existing Subsidiaries and any agreements related thereto, and the management of the Company and the Existing Subsidiaries shall be acceptable to the Purchaser.
Corporate/Capital Structure. The Note Purchasers shall be satisfied with the ownership, corporate and legal structure and capitalization of the Note Parties, including, without limitation, the terms and conditions of any Capital Stock, options, warrants or other securities issued by the Note Parties and any agreements related thereto.