Common use of Subsidiaries; Ownership of Capital Stock Clause in Contracts

Subsidiaries; Ownership of Capital Stock. SCHEDULE 5.01-D accurately sets forth (i) the correct legal name, the jurisdiction of incorporation and the jurisdictions in which qualified to transact business as a foreign corporation of each of the direct and indirect Subsidiaries of the Borrower, (ii) the authorized, issued and outstanding shares of each class of Capital Stock of the Borrower and each of its Subsidiaries and the owners of such shares, and (iii) a summary of the direct and indirect partnership, joint venture, or other equity interests, if any, of the Borrower and each of its Subsidiaries in any Person that is not a corporation. None of such issued and outstanding Capital Stock is subject to any vesting or redemption agreement, or, except as provided in the Shareholders Agreement, repurchase agreement, and there are no warrants or options outstanding with respect to such Capital Stock. The outstanding Capital Stock of the Borrower and each of its Subsidiaries is duly authorized, validly issued, fully paid and nonassessable.

Appears in 1 contract

Samples: Term Loan Agreement (Kaynar Holdings Inc)

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Subsidiaries; Ownership of Capital Stock. SCHEDULE 5.01-D accurately sets forth (i) the correct legal name, the jurisdiction of incorporation and the jurisdictions in which qualified to transact business as a foreign corporation of each of the direct and indirect Subsidiaries of the BorrowerBorrower and the Parents, (ii) the authorized, issued and outstanding shares of each class of Capital Stock of the Parents, the Borrower and each of its their respective Subsidiaries and the owners of such shares, and (iii) a summary of the direct and indirect partnership, joint venture, or other equity interests, if any, of the Borrower and any each of its Subsidiaries Parent in any Person that is not a corporation. None of such issued and outstanding Capital Stock is subject to any vesting vesting, redemption, or redemption agreement, or, except as provided in the Shareholders Agreement, repurchase agreement, and there are no warrants or options outstanding with respect to such Capital Stock. The outstanding Capital Stock of the Borrower and each of its Subsidiaries Parent is duly authorized, validly issued, fully paid and nonassessable.

Appears in 1 contract

Samples: Term Loan Agreement (Kaynar Holdings Inc)

Subsidiaries; Ownership of Capital Stock. SCHEDULE 5.01-D accurately sets forth (i) the correct legal name, the jurisdiction of incorporation and the jurisdictions in which qualified to transact business as a foreign corporation of each of the direct and indirect Subsidiaries of the Borrower, (ii) the authorized, issued and outstanding shares of each class of Capital Stock of the Borrower and each of its Subsidiaries and the owners of such shares, and (iii) a summary of the direct and indirect partnership, joint venture, or other equity interests, if any, of the Borrower and each of its Subsidiaries in any Person that is not a corporation. None of such issued and outstanding Capital Stock is subject to any vesting vesting, redemption, or redemption agreement, or, except as provided in the Shareholders Agreement, repurchase agreement, and there are no warrants or options outstanding with respect to such Capital Stock. The outstanding Capital Stock of the Borrower and each of its Subsidiaries is duly authorized, validly issued, fully paid and nonassessable.

Appears in 1 contract

Samples: Credit Agreement (Kaynar Holdings Inc)

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Subsidiaries; Ownership of Capital Stock. SCHEDULE 5.01-D accurately sets forth (i) the correct legal name, the jurisdiction of incorporation and the jurisdictions in which qualified to transact business as a foreign corporation of each of the direct and indirect Subsidiaries of the BorrowerIssuer, (ii) the authorized, issued and outstanding shares of each class of Capital Stock of the Borrower Issuer and each of its Subsidiaries and the owners of such shares, and (iii) a summary of the direct and indirect partnership, joint venture, or other equity interests, if any, of the Borrower Issuer and each of its Subsidiaries in any Person that is not a corporation. None of such issued and outstanding Capital Stock is subject to any vesting or redemption agreement, or, except as provided in the Shareholders Agreement, repurchase agreement, and there are no warrants or options outstanding with respect to such Capital Stock. The outstanding Capital Stock of the Borrower Issuer and each of its Subsidiaries is duly authorized, validly issued, fully paid and nonassessable.

Appears in 1 contract

Samples: Pik Dividend Note Agreement (Kaynar Holdings Inc)

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