Ownership of Purchaser. The Purchaser Parent owns, directly or indirectly, 100% of the issued and outstanding shares of the Purchaser.
Ownership of Purchaser. Parent indirectly owns all of the outstanding shares of capital stock of Purchaser.
Ownership of Purchaser. The Guarantor is an affiliate of the Purchaser.
Ownership of Purchaser. The Purchaser is indirectly 100% beneficially owned by the Xxx Xxxxxx Xxxxxxxxxx Trust (the “Trust”) and, prior to the date hereof, the Purchaser has disclosed to the Company all trustees of the Trust and any beneficiary of the Trust with a greater than 50% beneficial ownership in the Trust.
Ownership of Purchaser. Parent owns beneficially and of record all of the shares and interests in Purchaser, free and clear of any Liens, proxies, voting trusts or restrictions whatsoever, except restrictions on transfer under any applicable securities laws. There are no outstanding options, warrants, conversion or other rights or agreements of any kind (except as contemplated hereby) for the purchase from, or the sale or issuance by, Parent of any interest or stock in Purchaser. Each of the outstanding shares of capital stock of Purchaser is duly authorized, validly issued, fully paid and non-assessable. Parent is not a party to any obligation (contingent or otherwise) to buy or sell Purchaser.
Ownership of Purchaser. Purchaser is owned solely by Chatham Lodging Trust and/or one (1) or more Affiliates thereof and/or NRFC Sub-REIT Corp. and/or one (1) or more Affiliates thereof. For purposes of this Agreement, the term "Affiliate" means, as to any particular Person, any Person directly or indirectly, through one or more intermediaries, controlling, Controlled by or under common control with the Person or Persons in question. For purposes of this clause (ix) and Section 28(b), the term Control means the power to direct or cause the direction of the management or policies of an entity, whether through the ability to exercise voting power, by contract or otherwise. "Controlled by," "controlling" and "under common control with" shall have the respective correlative meaning thereto.
Ownership of Purchaser. The authorized capital stock of Purchaser consists of 1,000,000 shares of common stock, 100,000 shares of common stock which are issued and outstanding (the "SHARES") and 90% of which are owned beneficially and of record by Yankoff.
Ownership of Purchaser. Except for one share owned by Michxxx Xxxxxx Xxxxxxx, xxich shall be pledged to Collateral Agent, Parent shall at all times own one hundred percent (100%) of the Capital Stock, options, warrants and other similar rights of Purchaser on a fully diluted basis.
Ownership of Purchaser. Xxxxx Xxxxx and his Related Parties (as defined in the Financing Documents) together hold beneficially, directly or indirectly, issued share capital of the Purchaser having the right to cast more than 50% of the votes capable of being cast in a general meeting of the Purchaser or the right to determine the composition of the majority of the board of directors or equivalent body of the Purchaser. SCHEDULE E SUPPORTING SHAREHOLDERS Xxxxx Xxxxxxx Xxxxx Xxxxxxx Xxxxxx Xxxxxxx Xxxxxxx Xxxxxxxx Xxxxxxx Xxxxxxxxx Xxxxxxx Xxxxxxxx Xxxxxx Xxxxx
Ownership of Purchaser. Purchaser is and as of the Closing will be an indirect wholly owned subsidiary of Parent.
