Common use of Equity Ownership; Subsidiaries Clause in Contracts

Equity Ownership; Subsidiaries. All issued and outstanding Capital Stock of each Loan Party are duly authorized and validly issued and free and clear of all Liens (except those in favor of the Administrative Agent), and such securities were issued in compliance with all applicable state and federal laws concerning the issuance of securities. Schedule 9.2 sets forth as of the Closing Date the authorized Capital Stock of each Loan Party (including the Company), all of the issued and outstanding Capital Stock of each Loan Party and the legal and beneficial owners thereof. The Company and the Parent does not have and shall not have (after the Closing Date) Subsidiaries that are not Wholly-Owned Subsidiaries, except as otherwise described in Section 9.1. As of the Closing Date, except as set forth on Schedule 9.2, there are no pre-emptive or other outstanding rights, options, warrants, conversion rights or other similar agreements or understandings for the purchase or acquisition of any Capital Stock of any Loan Party.

Equity Ownership; Subsidiaries. All issued and outstanding Capital Stock of each Loan Party are duly authorized and validly issued and free and clear of all Liens (except those in favor of the Administrative Agent), and such securities were issued in compliance with all applicable state and federal laws concerning the issuance of securities. Schedule 9.2 sets forth as of the Closing Date the authorized Capital Stock of each Loan Party (including the Company), all of the issued and outstanding Capital Stock of each Loan Party and the legal and beneficial owners thereof. The Company and the Parent does do not have and shall not have (after the Closing Date) Subsidiaries that are not Wholly-Owned Subsidiaries, except as otherwise described in Section 9.1. As of the Closing Date, except as set forth on Schedule 9.2, there are no pre-emptive or other outstanding rights, options, warrants, conversion rights or other similar agreements or understandings for the purchase or acquisition of any Capital Stock of any Loan Party.

Equity Ownership; Subsidiaries. All issued and outstanding Capital Stock of each Loan Party are is duly authorized and validly issued issued, fully paid, non-assessable, and free and clear of all Liens (except those in favor of the Administrative Agent), and such securities Capital Stock was were issued in compliance with all applicable state and federal laws concerning the issuance of securitieslaws. Schedule 9.2 9.8 sets forth as of the Closing Date the authorized Capital Stock of each Loan Party (including the Company)Party, all of and the issued and outstanding Capital Stock of each Loan Party class. As of the Closing Date, the Company has no Subsidiaries, and the legal and beneficial owners thereof. The Company and the Parent does not have and shall not have (after the Closing Date) Date the Company shall have no Subsidiaries that are not Wholly-Owned Subsidiaries, except Subsidiaries and as otherwise described in Section 9.1permitted by 28 this Agreement. As of the Closing Date, except for the Warrants and except as set forth on Schedule 9.29.8, there are no pre-emptive or other outstanding rights, options, warrants, conversion rights or other similar agreements or understandings for the purchase or acquisition of any Capital Stock of any Loan Party.