Common use of Subsidiary Common Stock Clause in Contracts

Subsidiary Common Stock. HEALTHSOUTH owns, beneficially and of record, all of the issued and outstanding shares of Subsidiary Common Stock, which are validly issued and outstanding, fully paid and nonassessable, free and clear of all liens and encumbrances. HEALTHSOUTH has the corporate power to endorse and surrender such Subsidiary Shares for cancellation pursuant to this Plan of Merger. HEALTHSOUTH has taken all such actions as may be required in its capacity as the sole stockholder of the Subsidiary to approve the Merger.

Appears in 3 contracts

Samples: Plan and Agreement of Merger (Healthsouth Corp), Plan and Agreement of Merger (National Surgery Centers Inc \De\), Plan and Agreement of Merger (Horizon CMS Healthcare Corp)

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Subsidiary Common Stock. HEALTHSOUTH owns, beneficially and of record, all of the issued and outstanding shares of Subsidiary Common Stock, which are validly issued and outstanding, fully paid and nonassessable, free and clear of all liens and encumbrances. HEALTHSOUTH has the corporate power to endorse and surrender such shares of Subsidiary Shares Common Stock for cancellation pursuant to this the Plan of Merger. HEALTHSOUTH has taken all such actions as may be required in its capacity as the sole stockholder of the Subsidiary Aladdin Acquisition Corporation to approve the Merger.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Healthsouth Corp), Agreement and Plan of Merger (Healthsouth Corp)

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Subsidiary Common Stock. HEALTHSOUTH owns, beneficially and of record, all of the issued and outstanding shares of Subsidiary Common Stock, which are validly issued and outstanding, fully paid and nonassessable, free and clear of all liens and encumbrances. HEALTHSOUTH has the corporate power to endorse and surrender such Subsidiary Shares for cancellation pursuant to this the Plan of Merger. HEALTHSOUTH has taken all such actions as may be required in its capacity as the sole stockholder of the Subsidiary to approve the Merger.

Appears in 1 contract

Samples: Plan and Agreement of Merger (Health Images Inc)

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