Common use of Authorized and Issued Capital Clause in Contracts

Authorized and Issued Capital. The authorized capital of the Corporation consists of 2,500 shares of Common Stock, of which 100 shares of Common Stock (and no more) have been duly issued and are outstanding as fully paid and non-assessable. The Purchased Shares represent all of the issued and outstanding capital stock of the Corporation.

Appears in 1 contract

Samples: Disposition Agreement (Polymer Solutions Inc)

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Authorized and Issued Capital. The authorized capital of the Corporation consists of 2,500 100,000 shares of Common Stockcommon stock, par value of $1.00 per share, of which 100 9,488 shares of Common Stock common stock (and no more) have been duly issued and are outstanding as fully paid and non-assessable. The Purchased Shares represent all of the issued and outstanding capital stock of the Corporation.

Appears in 1 contract

Samples: Share Purchase Agreement (Vitran Corp Inc)

Authorized and Issued Capital. The authorized share capital of the Corporation consists of 2,500 Company is 100,000,000 shares of Common Stockcommon stock, with a par value of $0.001 each of which 100 72,205,755 shares of Common Stock (and no more) have been duly issued and common stock are outstanding as fully paid and non-assessable. The Purchased Shares represent all of the issued and outstanding capital stock as of the Corporation.August 29, 2008, and 1,000,000 shares of preferred stock, with a par value of $0.01 each of which none are issued or outstanding..

Appears in 1 contract

Samples: Share Purchase Agreement (Roy Jean Paul)

Authorized and Issued Capital. The authorized capital of the Corporation consists Company is 100,000 Common shares with a par value of 2,500 shares of Common Stock, $1 per share of which 100 shares of Common Stock (and no more) have been duly there are issued and are outstanding to the Vendor as fully paid and non-assessable. The Purchased Shares represent all of the issued and outstanding capital stock of the Corporation.assessable 45,000 Common shares;

Appears in 1 contract

Samples: Share Purchase Agreement (Riverside Forest Products Marketing LTD)

Authorized and Issued Capital. The authorized capital of the Corporation consists of 2,500 shares of 10,000 Common StockShares, of which 100 shares of Common Stock Shares (and no more) have been duly issued and are outstanding as fully paid and non-assessable. The Purchased Shares represent all of the issued and outstanding capital stock of the Corporation.

Appears in 1 contract

Samples: Share Purchase Agreement (Preferred Networks Inc)

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Authorized and Issued Capital. The authorized capital of the Corporation consists of 2,500 600,000 shares of Common Stockcommon stock having a par value of $0.01 per share, of which 100 509,262 shares of Common Stock (and no more) have been duly are issued and are outstanding as of the date of this Agreement as fully paid and non-assessable. The Purchased Shares represent all of the issued and outstanding capital stock of the Corporation.

Appears in 1 contract

Samples: Share Purchase Agreement (Harry Winston Diamond Corp)

Authorized and Issued Capital. The authorized capital of the Corporation consists of 2,500 200 million shares of Common Stock, common stock with a par value of $0.001 of which 100 40,091,727 shares of Common Stock (and no more) have been duly issued and are outstanding as fully paid and non-assessable, and 25 million shares of preferred stock with a par value of $0.001, none of which are outstanding. The Purchased Shares represent all of the issued and outstanding capital stock of the Corporation.

Appears in 1 contract

Samples: Share and Asset Purchase Agreement (Finders Keepers Inc)

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