Common use of Paid-up Capital Clause in Contracts

Paid-up Capital. The paid-up capital for Tax purposes of each Purchased Share and of each issued and outstanding share in the capital or a Subsidiary is no less than their stated capital for corporate purposes.

Appears in 2 contracts

Samples: Share Purchase Agreement (Vestcom International Inc), Share Purchase Agreement (Computer Learning Centers Inc)

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Paid-up Capital. The paid-up capital for Tax purposes of each Purchased Share and of each issued and outstanding share in the capital or a Subsidiary is Shares are no less than their its stated capital for corporate purposes.

Appears in 1 contract

Samples: Share Purchase Agreement (Pioneer Power Solutions, Inc.)

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Paid-up Capital. The paid-up capital for Tax purposes of each Purchased Share and of each issued and outstanding share in the capital or a Subsidiary Securities is no less than their its stated capital for corporate purposes.

Appears in 1 contract

Samples: Stock Purchase Agreement (Langer Inc)

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