Common use of Share capital and ownership Clause in Contracts

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. (a) Each Borrower is has an authorised to issue share capital of 500 registered and/or bearer shares with no without par value, all of which shares have been issued in bearer form and are wholly owned directly or indirectly by the direct legal title Corporate Guarantor and beneficial ownership of all those shares is held, are held free of any Security (other than the Permitted Security) Interest or other claim, by the Guarantor.

Share capital and ownership. (a) Each Borrower is authorised to issue 500 registered shares with of no par value, all of which shares have been issued issued, and the direct legal title and beneficial ownership of all those shares is held, free of any Security (other than the Permitted Security) Interest or other claim, by the Corporate Guarantor.

Share capital and ownership. (a) Each Borrower is has an authorised to issue share capital divided into 500 bearer and/or registered shares with of no par value, all of which shares have been issued value and the direct legal title and ultimate beneficial ownership of all those shares is held, free of any Security (other than the Permitted Security) Interest or other claim, by the Guarantor.

Share capital and ownership. (a) Each The Borrower is authorised to issue 500 registered shares with of no par value, all of which shares have been issued fully paid in registered form, and the direct legal title and beneficial ownership of all of those shares is held, free of any Security (other than the Permitted Security) Interest or other claim, by the Corporate Guarantor.

Share capital and ownership. (a) Each The Borrower is has an authorised to issue share capital divided into 500 bearer and/or registered shares with of no par value, all of which shares have been issued value and the direct legal title and ultimate beneficial ownership of all those shares is held, free of any Security (other than the Permitted Security) Interest or other claim, by the 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. (a) Each The Borrower is authorised to issue 500 registered shares with no and/or bearer shares, without par value, all of which shares have been issued and the direct legal title and beneficial ownership of all those shares is heldheld in registered form by the Shareholder, free of any Security (other than the Permitted Security) Interest or other claim, by the Guarantorpersons disclosed in writing to the Agent prior to the date of this Agreement.

Share capital and ownership. (a) Each Borrower is has an authorised to issue share capital of 500 registered and/or bearer shares with of no par value, all of which shares have been issued in registered form and the direct legal title and beneficial ownership of all those shares is held, free of any Security (other than the Permitted Security) Interest or other claim, by the Guarantor.

Share capital and ownership. (a) Each Borrower is authorised to issue 500 registered shares with no and/or bearer shares, without par value, all of which shares have been issued and the direct legal title and beneficial ownership of all those shares is heldheld in registered form by the Shareholder, free of any Security (other than the Permitted Security) Interest or other claim, by the Guarantorpersons disclosed in writing to the Agent prior to the date of this Agreement.

Share capital and ownership. (a) Each Borrower is authorised to issue 500 registered shares with no and/or bearer shares, without par value, all of which shares have been issued and the direct legal title and beneficial ownership of all those shares is heldheld in registered form by the Shareholder, whose sole member is the Corporate Guarantor, free of any Security (other than the Permitted Security) Interest or other claim, by the Guarantor.

Share capital and ownership. (a) Each The Borrower is has an authorised to issue share capital of 500 registered and/or bearer shares with no without par value, all of which shares have been issued issued, and the direct legal title and beneficial ownership of all those shares is held, free of any Security (other than the Permitted Security) Interest or other claim, by the GuarantorShareholder.

Share capital and ownership. (a) Each The Borrower is authorised to issue 500 registered shares with no a par valuevalue of $0.01 each, all of which shares have been issued fully paid, and the direct legal title and beneficial ownership of all those shares is held, free of any Security (other than the Permitted Security) Interest or other claim, by the Corporate Guarantor.

Share capital and ownership. (a) Each Borrower is authorised to issue 500 five hundred (500) registered and/or bearer shares with no without par value, all of which shares have been issued in registered form and the direct legal title are fully paid and beneficial ownership of all those shares is are held, free of any Security (other than the Permitted Security) Interest or other claim, by the Guarantor.Shareholder; and

Share capital and ownership. (a) Each Borrower A is authorised to issue 500 registered shares with no a par valuevalue of one dollar per share, all of which shares have been issued in registered form, and the direct legal title and beneficial ownership of all those shares is held, free of any Security Interest (other than the Permitted Securityany Existing Security Interest) or other claim, by the Guarantorrelevant Shareholder.

Share capital and ownership. (a) Each Borrower is authorised to issue 500 registered shares shares, and in the case of Borrower A 500 registered and/or bearer shares, with no a par valuevalue of $1 each, all of which shares have been issued and the direct legal title and beneficial ownership of all those shares is heldheld in registered form by the Shareholder, free of any Security (other than the Permitted Security) Interest or other claim, by the Guarantorpersons disclosed in writing to the Agent prior to the date of this Agreement.