Common use of Subsidiaries and Ownership of Stock Clause in Contracts

Subsidiaries and Ownership of Stock. Schedule 5.9 is a complete and accurate list of the Subsidiaries of such Borrower, showing the jurisdiction of incorporation or organization of each Subsidiary and showing the percentage of such Borrower's ownership of the outstanding stock or other interest of each such Subsidiary. All of the outstanding capital stock or other interest of each such Subsidiary has been validly issued, is fully paid and nonassessable and is owned by such Borrower free and clear of all Liens.

Appears in 3 contracts

Samples: Credit Agreement (Tridex Corp), Credit Agreement (Tridex Corp), Credit Agreement (Transact Technologies Inc)

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Subsidiaries and Ownership of Stock. Schedule 5.9 5.15 is a complete and accurate list of the Subsidiaries of such the Borrower, showing the jurisdiction of incorporation or organization of each Subsidiary and showing the percentage of such the Borrower's ’s ownership of the outstanding stock or other interest of each such Subsidiary. All of the outstanding capital stock or other interest of each such Subsidiary has been validly issued, is fully paid and nonassessable and is owned by such the Borrower free and clear of all Liens.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Sturm Ruger & Co Inc)

Subsidiaries and Ownership of Stock. Schedule 5.9 5.10 is a complete and accurate list of the Subsidiaries of such the Borrower, showing the jurisdiction of incorporation or organization of each Subsidiary and showing the percentage of such the Borrower's ownership of the outstanding stock or other interest of each such Subsidiary. All of the outstanding capital stock or other interest of each such Subsidiary has been validly issued, is fully paid and nonassessable and is owned by such the Borrower free and clear of all Liens.

Appears in 1 contract

Samples: Credit Agreement (Universal American Financial Corp)

Subsidiaries and Ownership of Stock. Schedule 5.9 is (as amended and in effect from time to time) sets forth a complete and accurate list of the Subsidiaries of such the Borrower, showing the jurisdiction of incorporation or organization of each Subsidiary and showing the percentage of such the Borrower's ownership of the outstanding stock or other interest of each such Subsidiary. All of the outstanding capital stock or other interest similar interests of each such Subsidiary has been validly issued, is fully paid and nonassessable and is owned by such the Borrower free and clear of all Liens.

Appears in 1 contract

Samples: Credit Agreement (Nfo Worldwide Inc)

Subsidiaries and Ownership of Stock. Schedule 5.9 is a complete and accurate list of the Subsidiaries of such the Borrower, showing the jurisdiction of incorporation or organization of each Subsidiary and showing the percentage of such the Borrower's ownership of the outstanding stock or other interest of each such the Subsidiary. All of the outstanding capital stock or other interest of each such Subsidiary has been validly issued, is fully paid and nonassessable and is owned by such the Borrower free and clear of all Liens.

Appears in 1 contract

Samples: Credit Agreement (Transact Technologies Inc)

Subsidiaries and Ownership of Stock. Schedule 5.9 6.9 is a complete and accurate list of the Subsidiaries of such each Borrower, showing the jurisdiction of incorporation or organization of each Subsidiary and showing the percentage of such Borrower's ownership of the outstanding stock or other interest of each such Subsidiary. All of the outstanding capital stock or other interest of each such Subsidiary has been validly issued, is fully paid and nonassessable and is owned by such Borrower free and clear of all Liens.

Appears in 1 contract

Samples: Credit Agreement (Cannondale Corp /)

Subsidiaries and Ownership of Stock. Schedule 5.9 is a complete and accurate list of the Subsidiaries of such Borrower, showing the jurisdiction of incorporation or organization of each Subsidiary and showing the percentage of such Borrower's ownership of the outstanding stock or other interest of each such Subsidiary. All of the outstanding capital stock or other interest of each such Subsidiary has been validly issued, is fully paid and nonassessable and is owned by such Borrower free and clear of all Liens.each

Appears in 1 contract

Samples: Credit Agreement (Tridex Corp)

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Subsidiaries and Ownership of Stock. Schedule 5.9 6.9 is a complete and accurate list of the Subsidiaries of such each Borrower, showing the jurisdiction of incorporation or organization of each Subsidiary and showing the percentage of such Borrower's ownership of the outstanding stock or other interest of each such Subsidiary. 56 50 All of the outstanding capital stock or other interest of each such Subsidiary has been validly issued, is fully paid and nonassessable and is owned by such Borrower free and clear of all Liens, other than Liens created by the Pledge Agreement and the Subsidiary Pledge Agreement.

Appears in 1 contract

Samples: Credit Agreement (Cannondale Corp /)

Subsidiaries and Ownership of Stock. Schedule 5.9 is a ----------------------------------- complete and accurate list of the Subsidiaries of such the Borrower, showing the jurisdiction of incorporation or organization of each Subsidiary and showing the percentage of such the Borrower's ownership of the outstanding stock or other interest of each such Subsidiary. All of the outstanding capital stock or other interest of each such Subsidiary has been validly issued, is fully paid and nonassessable and is owned by such the Borrower free and clear of all LiensLiens other than the Liens under the Facility Documents.

Appears in 1 contract

Samples: Credit Agreement (Mercator Software Inc)

Subsidiaries and Ownership of Stock. Schedule 5.9 is a complete and accurate list of the Subsidiaries of such the Borrower, showing the jurisdiction of incorporation or organization of each Subsidiary and showing the percentage of such the Borrower's ownership of the outstanding stock or other interest of each such Subsidiary. All of the outstanding capital stock or other interest of each such Subsidiary has been validly issued, is fully paid and nonassessable and is owned by such the Borrower free and clear of all Liens.

Appears in 1 contract

Samples: Credit Agreement (First Aviation Services Inc)

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