Sole Owners Clause Samples
Sole Owners. The shares of the common stock of MDS which they own (the "Stock") represents of all of the issued and outstanding shares of the capital stock of MDS and all of the Stock is owned by the Shareholders free and clear of any liens and encumbrances.
Sole Owners. Z-TEL is the sole owner of its subsidiaries, and there are no options, warrants, calls, conversion rights, commitments or agreements of any character to which Z-TEL or any of its subsidiaries are a party or by which Z-TEL or its subsidiaries may be bound that do or may obligate Z-TEL to issue, deliver or sell, or cause to be issued, delivered or sold, additional ownership equity in either of its subsidiaries or that do or may obligate Z-TEL to grant, extend or enter into any such option, warrant, call, conversion right, commitment or agreement on behalf of either subsidiary. There are no outstanding arrangements, agreements, commitments or understandings of any kind affecting or relating to the voting, issuance, purchase, redemption, repurchase or transfer of any equity of either subsidiary, or any other securities of such subsidiaries.
Sole Owners. LKII Trust and JK Trust are the sole record and benefiCial owners of ISG. Other than Purchasers and Sellers, there are no other beneficiaries, third party or otherwise, to this Agreement or to the Transactions described in this Agreement.