Share capital and ownership Sample Clauses

Share capital and ownership. The Borrower has an authorised share capital divided into 205,000,000 shares of $0.01 each divided into 200,000,000 shares of common stock and 5,000,000 shares of preferred stock. The Borrower is the indirect and ultimate owner of all of the issued share capital of each Owner.
AutoNDA by SimpleDocs
Share capital and ownership. The Borrower has an authorised share capital of $5 divided into 500 registered and/or bearer shares of $0.01 each, all of which shares have been issued in registered form fully paid, and the legal title and ownership of all those shares is held, free of any Security Interest or other claim, by the Guarantor.
Share capital and ownership. Each Borrower is authorised to issue 500 registered shares of no par value, all of which shares have been issued, and the legal title and beneficial ownership of all those shares is held, free of any Security Interest or other claim, by the Corporate Guarantor.
Share capital and ownership. (a) Each Borrower is authorised to issue 500 registered shares with no par value, all of which shares have been issued and the direct legal title and beneficial ownership of all those shares is held, free of any Security (other than the Permitted Security) or other claim, by the Guarantor.
Share capital and ownership. Each Borrower is authorised to issue 500 registered shares, and in the case of Borrower A 500 registered and/or bearer shares, with a par value of $1 each, and the ownership of all those shares is held in registered form by the Shareholder, free of any Security Interest or other claim, by the persons disclosed in writing to the Agent prior to the date of this Agreement.
Share capital and ownership. It has an authorised share capital of 500 registered and/or bearer shares without par value all of which shares have been issued, and the legal title and beneficial ownership of all those shares is held, free of any Security Interest or other claim, by Xxxxxxxxx Holdings Ltd.
Share capital and ownership. The Borrower has an authorised share capital of 12,000 registered shares of $1.00 each, all of which shares have been issued in registered form, and the legal title and beneficial ownership of all those shares is held, free of any Security Interest or other claim, by GasLog Carriers.
AutoNDA by SimpleDocs
Share capital and ownership. The Lessee is a wholly-owned direct Subsidiary of the Guarantor.
Share capital and ownership. (a) The Shares have been duly authorized and validly issued, are fully paid, not subject to any call and are free of pre-emptive rights, rights of first refusal and other similar rights.
Share capital and ownership. On the date of this Agreement, the Borrower has an authorised share capital of 1,200,000,000 consisting of (x) 1,000,000,000 registered shares of common stock of par value $0.0001 each, (y) 100,000,000 registered shares of Class B stock of par value $0.0001 each and (z) 100,000,000 registered shares of preferred stock of par value $0.0001 each; and on the date of this Agreement, the Borrower has issued 13,500,000 shares of common stock and 2,105,263 shares of Class B Stock, all of which shares are fully paid and non-assessable.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!