Ownership of Issuer. 100% of the Owner Trust Certificate of the Issuer is owned by the Depositor. No Person other than the Depositor has any rights to acquire all or any portion of the Owner Trust Certificate in the Issuer.
Ownership of Issuer. All of the issued ordinary shares of the Issuer have been duly authorized and validly issued and are fully paid and all of such shares are beneficially owned directly or indirectly by the Guarantors.
Ownership of Issuer. On the Effective Date, all of the issued and outstanding common shares of the Issuer are owned by Xxxxxx Lease Finance Corporation.
Ownership of Issuer. All of the issued and outstanding membership interests in the Issuer shall be owned by TAL or any of its Subsidiaries.
Ownership of Issuer. On the Effective Date, The Cronos Group owns 12,000 shares of the Issuer representing 100% of total authorized and issued share capital of the Issuer.
Ownership of Issuer. The Stockholders are the sole owners of record -------------------- of all of the issued and outstanding shares of the Issuer's capital stock. Except as set forth in Exhibit E, there are no outstanding subscriptions, options, rights, warrants, convertible securities, or other agreements, commitments, or rights obligating the Issuer to issue any shares of stock to any person or firm, nor obligating the Stockholders, or any of them, to transfer any shares to any person or firm.
Ownership of Issuer. The Company (including any successor thereto permitted under this Agreement) or a Wholly-Owned Subsidiary will at all times directly own 100% of the outstanding equity interest of the Issuer.
Ownership of Issuer. It is the sole shareholder of the Issuer.
Ownership of Issuer. At all times after the Initial Closing Date, all of the issued and outstanding membership interests in the Issuer shall be owned by TAL.
Ownership of Issuer. On the Restatement Date, all of the authorized and issued share capital of the Issuer is owned by the following Persons and in the following amounts: AMACAR Investments, L.L.C. (“AMACAR”), 11,999 shares representing 99.99% of total authorized and issued share capital; and The Cronos Group, 1 share representing .01% of total authorized and issued share capital. AMACAR has entered into a purchase and sale agreement with Cronos Equipment (Bermuda) Limited (“CEB”) to sell its shares to CEB on or promptly after the Restatement Date.
