Common use of Transaction Shares Clause in Contracts

Transaction Shares. All of the Transaction Shares issued to Seller in connection with the transactions effected hereby are duly authorized, validly issued, fully paid and nonassessable shares of HTCC Common Stock. The Transaction Shares represent 9.1% of the outstanding shares of HTCC Common Stock (including the Transaction Shares) as of the date hereof.

Appears in 3 contracts

Samples: 96 Stock Purchase Agreement (Hungarian Telephone & Cable Corp), 96 Stock Purchase Agreement (SBC Communications Inc), 96 Stock Purchase Agreement (SBC Communications Inc)

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Transaction Shares. All of the Transaction Shares issued to Seller in connection with the transactions effected hereby are duly authorized, validly issued, fully paid and nonassessable shares of HTCC Common Stock. The Transaction Shares represent 9.1% of the outstanding shares of HTCC Common Stock (including the Transaction Shares) as of the date hereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Hungarian Telephone & Cable Corp)

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