Common use of US Subsidiary Clause in Contracts

US Subsidiary. The authorized share capital of the US Subsidiary is and immediately prior to and following the Closing shall be 5,000 shares of common stock, 100% of which are issued and outstanding and all held by the Company.

Appears in 4 contracts

Samples: Share Purchase Agreement (Adagene Inc.), Share Purchase Agreement (Adagene Inc.), Share Purchase Agreement (Adagene Inc.)

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US Subsidiary. The authorized share capital of the US Subsidiary is and immediately prior to and following the Initial Closing shall be 5,000 shares of common stock, 100% of which are issued and outstanding and all held by the Company.

Appears in 2 contracts

Samples: Share Purchase Agreement (Adagene Inc.), Share Purchase Agreement (Adagene Inc.)

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