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 shares of capital stock 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 Guarantor.
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 or any of its Subsidiaries.
Ownership of Issuer. The number of individuals and entities (other than Flow-Through Entities (as such term is defined below)) that are beneficial owners of a direct interest in the Issuer, plus the number of individuals and entities (other than Flow-Through Entities) that are beneficial owners of an indirect ownership in the Issuer through one or more Flow Through Entities, other than the Seller or the Company or any successor thereto, will never exceed ten. As used herein, "Flow-Through Entity" shall mean an entity that, for federal income tax purposes, is a partnership, a grantor trust, or an S corporation or other entity which is not treated for such purposes as a separate entity.
