Common use of Subsidiaries and Names Clause in Contracts

Subsidiaries and Names. Schedule 7.3 describes (i) each Company, (ii) every name or trade name used by each Company during the five-year period before the date of this Agreement (or during the period such Company has been a Subsidiary, if shorter) and (iii) every change of each Company's name during the four-month period before the date of this Agreement. All of the outstanding shares of capital stock (or similar voting interests) of each Company are (1) duly authorized, validly issued, fully paid and nonassessable, (2) owned of record and beneficially as described in Schedule 7.3, free and clear of any Liens, except Permitted Liens and (3) not subject to any warrant, option or other acquisition Right of any Person or subject to any voting, ownership or transfer restriction except (a) restrictions imposed by securities laws and general corporate laws and (b) restrictions expressly noted in the certificates evidencing such shares.

Subsidiaries and Names. Schedule SCHEDULE 7.3 describes (i) each Company, (ii) every name or trade name used by each Company during the five-year period before the date of this Agreement agreement (or during the period such Company has been a Subsidiary, if shorter) and (iii) every change of each Company's name during the four-month period before the date of this Agreementagreement. All of the outstanding shares of capital stock (or similar voting interests) of each Company are (1) duly authorized, validly issued, fully paid and nonassessable, (2) owned of record and beneficially as described in Schedule SCHEDULE 7.3, free and clear of any Liens, except Permitted Liens and (3) not subject to any warrant, option or other acquisition Right of any Person or subject to any voting, ownership or transfer restriction except (a) restrictions imposed by securities laws and general corporate laws and (b) restrictions expressly noted in the certificates evidencing such shares.