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. 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 Buyer Principals collectively own, directly, one hundred percent (100%) of the capital stock or other equity interests of the Buyer, free and clear of any Encumbrances (as defined herein). There are no outstanding options, warrants, scrip, rights to subscribe to, calls or commitments of any character whatsoever relating to, or securities or rights convertible into, or exercisable or exchangeable for, any capital stock of the Buyer, or contracts, commitments, understandings or arrangements by which the Buyer is or may become bound to issue additional capital stock of the Buyer or options, warrants, scrip, rights to subscribe to, calls or commitments of any character whatsoever relating to, or securities or rights convertible into, or exercisable or exchangeable for, any capital stock of the Buyer, which, individually or in the aggregate, would result in the transfer of Control of the Buyer to any Person other than the Buyer Principals.
Ownership of the Buyer. Pioneer owns, directly or indirectly, 100% of the issued and outstanding capital stock of the 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 the Buyer.
Ownership of the Buyer. The NZ Manager owns directly 100% of the Residual Beneficial Interest in the Trust.
Ownership of the Buyer. Wabash 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 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. 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. 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).
