Ownership of EPIC Sample Clauses

Ownership of EPIC. EPIC is authorized to issue two classes of stock of up to 20,000,000 common shares, $0.001 par value per share, of which 11,946,227 are currently issued and outstanding, and of up to 5,000,000 preferred shares, $0.001 par value per share, of which (a) 1,000,000 shares have been designated as Series A Convertible Preferred Stock all of which are issued and outstanding, with EPIC presently holding them as treasury stock as the record and beneficial owner thereof is a wholly-owned subsidiary of EPIC, Saddleback Investment Services, Inc., (b) 1,000,000 shares have been designated as Series B Convertible Preferred Stock, of which 220,000 shares are issued and outstanding and (c) 3,000,000 shares which will be designated as Series C Convertible Preferred Stock, of which none are presently issued and outstanding.
Sample 1
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Ownership of EPIC. Epic is authorized to issue two classes of stock of up to 500,000,000 common shares, $0.001 par value per share, of which 19,474,722 are currently issued and outstanding, and of up to 5,000,000 preferred shares, $0.001 par value per share, of which (a) 1,000,000 shares have been designated as Series A Convertible Preferred Stock none of which are issued and outstanding, (b) 1,000,000 shares have been designated as Series B Convertible Preferred Stock, of which 120,000 shares are issued and outstanding and (c) 3,000,000 shares which will be designated as Series C Convertible Preferred Stock, of which 1,505,600 are presently issued and outstanding.
Sample 1

Related to Ownership of EPIC

  • Ownership of Data The Recipient Data is and shall remain the property of Recipient or its customers.

  • Ownership of Marks All use of the Xxxx by Licensee shall inure to the benefit of Licensor. Licensee shall cooperate in Licensor’s efforts to perfect or enforce its rights in the Xxxx and shall neither assert nor assist a third party in asserting any independent rights in the Xxxx anywhere in the world for any goods or services.

  • Ownership of Seller Credit Acceptance is the sole owner of the membership interests of the Seller, all of which are fully paid and nonassessable and owned of record, free and clear of all mortgages, assignments, pledges, security interests, warrants, options and rights to purchase.

  • Ownership of Rights The Optionee shall have no rights as a shareholder with respect to any shares covered by his option until the date of issuance of a stock certificate to said optionee for such shares. No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property) or distributions or other rights for which the record date is prior to the date such stock certificate is issued, except as provided under the terms and conditions of this Agreement.

  • Ownership of Equipment Unless otherwise expressly set forth elsewhere in this Agreement, any and all tangible equipment, materials, documentation, or other items provided by the Company in connection with this Agreement shall remain the property of the Company.

  • Ownership of Buyer Originator owns, directly or indirectly, 100% of the issued and outstanding capital stock of Buyer, free and clear of any Adverse Claim. Such capital stock is validly issued, fully paid and nonassessable, and there are no options, warrants or other rights to acquire securities of Buyer.

  • Ownership of Stock The Selling Shareholders own all of the issued and outstanding shares of capital stock of the Company, free and clear of all liens, claims, rights, charges, encumbrances, and security interests of whatsoever nature or type.

  • Ownership of Units As of the date hereof, Hxxxxx has beneficial ownership over the type and number of the Units set forth under Hxxxxx’s name on the signature page hereto, is the lawful owner of such Units, has the sole power to vote or cause to be voted such Units, and has good and valid title to such Units, free and clear of any and all pledges, mortgages, encumbrances, charges, proxies, voting agreements, liens, adverse claims, options, security interests and demands of any nature or kind whatsoever, other than those imposed by this Agreement, applicable securities Laws or the Company’s Organizational Documents, as in effect on the date hereof. There are no claims for finder’s fees or brokerage commission or other like payments in connection with this Agreement or the transactions contemplated hereby pursuant to arrangements made by Hxxxxx. Except for the Units set forth under Hxxxxx’s name on the signature page hereto, as of the date of this Agreement, Holder is not a beneficial owner or record holder of any: (i) equity securities of the Company, (ii) securities of the Company having the right to vote on any matters on which the holders of equity securities of the Company may vote or which are convertible into or exchangeable for, at any time, equity securities of the Company or (iii) options, warrants or other rights to acquire from the Company any equity securities or securities convertible into or exchangeable for equity securities of the Company.

  • Ownership of Technology As between the Parties, each Party shall own and retain all right, title, and interest in and to any and all Inventions and Information that are conceived, discovered, developed, or otherwise made solely by or on behalf of such Party (or its Affiliates or Sublicensees) under or in connection with this Agreement, whether or not patented or patentable, and any and all Patents and other intellectual property rights with respect thereto.

  • Ownership of the Company At all times while this Parent Guarantee Agreement is in effect and while any of the obligations of the Parent Guarantor hereunder remain outstanding, one hundred percent (100%) of the outstanding capital stock of the Company shall be owned by the Parent Guarantor.

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