Corporate Formation Clause Samples

Corporate Formation. The parties shall form a Colombian Corporation (hereafter "BFCC") and issue the stock according to the following ownership percentage; BlueFire Equipment Corporation-51% , Groupo Sierra Alta, S.A.S.-49%.

Corporate Formation. The Company has complied in all material respects with all provisions and requirements of The International Business Companies Ordinance (No. 8 of 1984) of the BVI and corresponding legislation in any other relevant jurisdiction as are or have been in force and so far as is material, all returns, particulars, resolutions and other documents, including accounts required under any such legislation to be delivered on behalf of the Company to any governmental or other Competent Authority have been properly made and delivered.

Corporate Formation. The total number of shares of all classes of stock that the Corporation is authorized to issue is twenty one million (21,000,000), consisting of thirteen million (13,000,000) shares of Class A Common Stock with a par value of one cent ($.0l) per share, of which 2,433,750 shares are issued and outstanding, three million (3,000,000) shares of Class A Preferred Stock with a par value of one cent ($.01) per share, of which 327,500 shares are issued and outstanding, and five million (5,000,000) shares of Class B Common Stock with a par value of one cent ($01) per share, of which 5,000,000 are issued and outstanding.

Corporate Formation. The parties shall form an Oklahoma limited liability corporation (OKLLC) and issue the stock according to the following; BlueFire Equipment Corporation-six million shares, ▇▇▇▇▇ ▇▇▇-two million shares and ▇▇▇▇ ▇▇▇▇▇▇ two million shares (or other entity as the individuals see fit). Should BlueFire form marketing affiliates in other states, BlueFire shall extend a mutually beneficial opportunity for participation to ▇▇▇▇▇ ▇▇▇ and ▇▇▇▇ ▇▇▇▇▇▇.

Corporate Formation. Borrower is a corporation in good standing duly organized under the laws of Nevada. Borrower has the corporate power and authority to transact its business.

Corporate Formation. Assume responsibility for Certificate of Incorporation, Company Bylaws, Equity Incentive Plan, Shareholder Agreements, and all other legal corporate formation requirements previously undertaken by outside counsel.

Corporate Formation. The Corporation is a corporation legally formed and organized and in good standing under the laws of the State of Georgia, and has the corporate power and authority to carry on the business it is now executing.

Corporate Formation