Ownership of the Buyer. The Seller owns, directly or indirectly, 100% of the membership interests of the Buyer free and clear of any Lien (other than Permitted Liens and any other Liens approved in writing by the Administrative Agent in its sole discretion). Such membership interests are validly issued, and there are no options, warrants or other rights to acquire membership interests of the Buyer.
Ownership of the Buyer. The Originator owns one hundred percent (100%) of the issued and outstanding capital stock of the Buyer. Such capital stock is validly issued, fully paid and nonassessable and there are no options, warrants or other rights to acquire securities of the Buyer other than the pledge to the Bank Agent of the Buyer's stock. The management of the Originator has determined that the organization of the Buyer and the limited purposes of the Buyer are in the best interests of the Originator.
Ownership of the Buyer. CMC owns, directly or indirectly, 100% of the issued and outstanding Equity Interests of the Buyer, free and clear of any Adverse Claim (subject to Section 4.2(i), other than Adverse Claims granted in connection with any amendment of refinancing of the Senior Credit Agreement). Such Equity Interests are validly issued, fully paid and nonassessable, and there are no options, warrants or other rights to acquire securities of the Buyer.
Ownership of the Buyer. The Originator owns, directly or indirectly, one hundred percent (100%) of the general and limited partnership interests of the Buyer. For this purpose, the ownership by the Originator of 100% of the capital stock of an entity holding a 100% interest in the general partner of the Buyer shall be deemed to be indirect ownership of such general partnership interest in the Buyer (q) (p) Not an Investment Company. The Originator is not an “investment company” within the meaning of the Investment Company Act of 1940, as amended from time to time, or any successor statute.
Ownership of the Buyer. The Originator and its affiliates will at all times own 100% of the partnership interests of the Buyer. For this purpose, the ownership by the Originator of 100% of the capital stock of an entity holding a 100% interest in the general partner of the Buyer shall be deemed to be indirect ownership of such general partnership interest in the Buyer.
Ownership of the Buyer. KapStone Kraft owns, directly or indirectly, 100% of the issued and outstanding Equity Interests of the Buyer, free and clear of any Adverse Claim (subject to Section 4.2(i)), other than Adverse Claims securing the obligations under the Senior Credit Agreement and any credit facility refinancing of the Senior Credit Agreement). Such Equity Interests are validly issued, fully paid and nonassessable, and there are no options, warrants or other rights to acquire securities of the Buyer.
Ownership of the Buyer. Yellow Roadway Corporation owns one hundred percent (100%) of the issued and outstanding capital stock of the Buyer. Such capital stock is validly issued, fully paid and nonassessable and there are no options, warrants or other rights to acquire securities of the Buyer.
Ownership of the Buyer. XXXXC owns one hundred percent (100%) of the limited liability company interests in Buyer. Such limited liability company interests are validly issued, fully paid and nonassessable and there are no options, warrants or other rights to acquire securities of the
Ownership of the Buyer. The Lux Manager owns directly 100% of the issued and outstanding Equity Interests of the Buyer, and there are no options, warrants or other rights to acquire Equity Interests of the Buyer.
Ownership of the Buyer. To the knowledge of the Buyer, (i) AmerailOne Corporation, a Delaware corporation, and AmerailTwo Corporation, a Delaware corporation, each own one-half of the Class A limited liability company interests of the Buyer ("Class A Interests"); (ii) Amerail Holdings Company owns each issued and outstanding share of AmerailOne Corporation and AmerailTwo Corporation; (iii) one-third of the issued and outstanding shares of Amerail Holdings Company are held by each of Broad Street Holdings, Inc., Broad Street Contract Services, Inc. and Acacia Holding, Inc.; (iv) the only assets of Amerail Holdings Company are the shares of AmerailOne Corporation and AmerailTwo Corporation; (v) the only assets of AmerailOne Corporation are one-half of the Class A Interests; (vi) the only assets of AmerailTwo Corporation are one-half of the Class A Interests; (vii) Xxxxxxx Xxxxxxxxx, Xxxxxx X. Xxxxxxx and Xxxxxx X. Xxxxxxxx, Xx., each own one third of the Class B Limited Liability Company Interests of the Buyer (the "Class B Interests"); (viii) the Class A Interests and the Class B Interests constitute all of the equity interests in the Buyer; and (ix) the only assets of the Buyer are Thirty Thousand Dollars ($30,000).
