Subsidiaries and Other Capital Stock. Franklin does not have any subsidiaries. As used herein, the term "subsidiaries" means any corporation or other entity in which Franklin is entitled by virtue of its ownership of securities (or equivalent interests) to elect a majority of the directors (or persons performing equivalent functions). Except as disclosed in Section 2.5 of the Disclosure Schedule, Franklin does not own, directly or indirectly, any capital stock or other equity securities of any corporation or have any direct or indirect equity or ownership interest in any other business. Except as disclosed in Section 2.5 of the Disclosure Schedule, all capital stock or other equity securities of any corporation owned, directly or indirectly, by Franklin, is owned free and clear of all liens, options, encumbrances, pledges, security interests, claims or charges of any kind, and are validly issued, fully paid and nonassessable, with no personal liability attaching to the ownership thereof, and there are no outstanding options, rights or agreements of any kind relating to the sale or transfer of any such capital stock or other equity securities.
Subsidiaries and Other Capital Stock. Aerocom does not have any subsidiaries. As used herein, the term "subsidiaries" means any corporation or other entity in which Aerocom is entitled by virtue of its ownership of securities (or equivalent interests) to elect a majority of the directors (or persons performing equivalent functions). Except as disclosed in Section 2.5 of the Disclosure Schedule, Aerocom does not own, directly or indirectly, any capital stock or other equity securities of any corporation or have any direct or indirect equity or ownership interest in any other business. Except as disclosed in Section 2.5 of the Disclosure Schedule, all capital stock or other equity securities of any corporation owned, directly or indirectly, by Aerocom, is owned free and clear of all liens, options, encumbrances, pledges, security interests, claims or charges of any kind, and are validly issued, fully paid and nonassessable, with no personal liability attaching to the ownership thereof, and there are no outstanding options, rights or agreements of any kind relating to the sale or transfer of any such capital stock or other equity securities.
Subsidiaries and Other Capital Stock. The Company has no subsidiaries. As used herein, the term "subsidiaries" means any corporation or other entity in which Company is entitled by virtue of its ownership of securities (or equivalent interests) to elect a majority of the directors (or persons performing equivalent functions).
Subsidiaries and Other Capital Stock. Other than those entities listed in Section 2.5 of the Disclosure Schedules, none of the Acquired Entities have any subsidiaries. As used herein, the term "subsidiaries" means any corporation or other entity in which an Acquired Entity is entitled by virtue of its ownership of securities (or equivalent interests) to elect a majority of the directors (or persons performing equivalent functions). Except as disclosed in Section 2.5 of the Disclosure Schedule, none of the Acquired Entities own, directly or indirectly, any capital stock or other equity securities of any corporation or have any direct or indirect equity or ownership interest in any other business. Except as disclosed in Section 2.5 of the Disclosure Schedule, all capital stock or other equity securities of any corporation owned, directly or indirectly, by any Acquired Entity, is owned free and clear of all liens, options, encumbrances, pledges, security interests, claims or charges of any kind, and are validly issued, fully paid and non-assessable, with no personal liability attaching to the ownership thereof, and there are no outstanding options, rights or agreements of any kind relating to the sale or transfer of any such capital stock or other equity securities.
Subsidiaries and Other Capital Stock. The Subsidiaries are listed in the Disclosure Schedule. Except as set forth in the Disclosure Schedule, Gull owns all outstanding securities of each of the Subsidiaries. No Subsidiary has outstanding or authorized options, warrants, purchase rights, subscription rights, conversion rights, exchange rights or other contracts or commitments that could require such Subsidiary to issue, sell, or otherwise cause to become outstanding any of its capital stock.
Subsidiaries and Other Capital Stock. Each of Viral's Subsidiaries is listed in the Disclosure Schedule. Except as set forth in the Disclosure Schedule, Viral owns of record and beneficially all issued and outstanding shares of capital stock and other securities of each of the Subsidiaries. All of such shares of capital stock are duly authorized, validly issued fully-paid and non-assessable shares of capital stock. No Subsidiary has outstanding or authorized options, warrants, purchase rights, subscription rights, conversion rights, exchange rights or other contracts or commitments that could require such Subsidiary to issue, sell, or otherwise cause to become outstanding any of its capital stock.
Subsidiaries and Other Capital Stock. The Company has no active -------------------------------------- Subsidiaries. [The Company has inactive Subsidiaries as set forth on Section 2.4 of the Disclosure Schedule.] As used herein, the term "Subsidiaries" means any corporation or other entity in which the Company is entitled by virtue of its ownership of securities (or equivalent interests) to elect a majority of the directors (or persons performing equivalent functions).
