Common use of Ownership of the Purchaser Clause in Contracts

Ownership of the Purchaser. The Seller owns, directly or indirectly, 100% of the membership interests of the Purchaser, free and clear of any Lien (other than the JPM Lien). Such membership interests are validly issued, fully paid and non—assessable, and there are no options, warrants or other rights to acquire membership interests of the Purchaser.

Appears in 4 contracts

Samples: Omnibus Amendment (Ares Capital Corp), Purchase and Sale Agreement (Ares Capital Corp), Purchase and Sale Agreement (Ares Capital Corp)

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Ownership of the Purchaser. The Seller owns, owns directly or indirectly, 100% of the membership interests of the Purchaser, free and clear of any Lien (other than the JPM Lien). Such membership interests are validly issued, fully paid and nonassessable, and there are no options, warrants or other rights to acquire membership interests of the Purchaser.

Appears in 1 contract

Samples: Omnibus Amendment (Ares Capital Corp)

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Ownership of the Purchaser. The Seller owns, owns directly or indirectly, 100% of the membership interests of the Purchaser, free and clear of any Lien (other than the JPM Lien). Such membership interests are validly issued, fully paid and non—assessable, and there are no options, warrants or other rights to acquire membership interests of the Purchaser.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Ares Capital Corp)

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