Authorized Capital of the Company. The authorized capital stock of the Company consists of 100,000,000 shares of Company Common Stock, of which 20,948,463 shares are outstanding. All of the outstanding shares of Company Common Stock have been duly authorized and are validly issued, fully paid and nonassessable. No Company Common Stock has been reserved for issuance, except for shares of Company Common Stock reserved for issuance pursuant to the Arch Coal, Inc. 1997 Stock Incentive Plan. The Company does not have outstanding any bonds, debentures, notes or other obligations the holders of which have the right to vote (or are convertible into or exercisable or exchangeable for securities having the right to vote) either alone or with the stockholders of the Company on any matter. Each of the outstanding shares of capital stock of each of the Company's corporate Subsidiaries is duly authorized, validly issued, fully paid and nonassessable and, except for shares held by officers and directors of the Company and its Subsidiaries as nominees and for the benefit of the Company or any of its Subsidiaries, is owned, either directly or indirectly, by the Company free and clear of all liens, pledges, security interests, claims or other encumbrances. Except as set forth above, there are no shares of capital stock of the Company authorized, issued or outstanding, and there are no preemptive rights or any outstanding subscriptions, options, warrants, rights, convertible securities or other agreements or commitments of the Company or any of its Subsidiaries of any character relating to the issued or unissued capital stock or other securities of the Company or any of its Subsidiaries.
Authorized Capital of the Company. The authorized capital of the Company consists of an unlimited number of Common Shares of which One Million, One Hundred Thousand, Two Hundred and Sixty-One (1,100,261) Common Shares of International Dart Corporation have been validly issued and are outstanding as fully paid and non-assessable, and no Person has any agreement or option or any right or privilege (whether by law, pre-emptive or contractual) capable of becoming an agreement or option, including convertible shares, warrants or convertible obligations of any nature for the purchase, subscription, allotment or issuance of any of the unissued shares or shares convertible into unmissed shares in the capital of the Company except as otherwise noted. >>>>There shall be issued and outstanding ONE SHARE after the completion of the EXCHANGE.>>>>>
Authorized Capital of the Company. The authorized capital of the Company consists of an unlimited number of Common Shares, without par value, of which 15,401,866 common shares have been issued and are outstanding as fully paid and non assessable, of an unlimited number of Class A Preference Shares of which 175,000 Class A Preference Shares have been issued and are outstanding as fully paid and non assessable, an unlimited number of Class B, Class C, Class D, Class E, Class F, Class G Preference Shares, none of which have been issued or are outstanding and an unlimited number of Class H Shares, of which 568,214 Class H shares have been issued and are outstanding as fully paid and non assessable. Except for Stake pursuant to this Agreement, no Person has any agreement or option or any right or privilege (whether by law, pre-emptive or contractual) capable of becoming an agreement or option, including convertible securities, warrants or convertible obligations of any nature for the purchase, subscription, allotment or issuance of any of the Shares or securities convertible into unissued Shares in the capital of the Company.
Authorized Capital of the Company. The capital of the Company is HK$10,000, divided into 10,000 shares with a nominal value of HK$1.00 each, of which, as of the date of this Agreement, two (2) shares are issued and outstanding (not including the Shares to be purchased by ISS hereunder), all of which are fully paid or credited as fully paid and owned in the manner described in the preamble to this Agreement. The Company has no other equity securities or securities containing equity features authorized, issued or outstanding. There are no agreements or other rights or arrangements existing which provide for the sale or issuance of shares by the Company, and there are no rights, subscriptions, warrants, options, conversion rights or agreements of any kind outstanding to purchase or otherwise acquire from the Company any shares or other securities of the Company of any kind. There are no agreements or other obligations (contingent or otherwise) which may require the Company to repurchase or otherwise acquire any of its shares.
Authorized Capital of the Company. The authorized capital of the Company consists of an unlimited number of common shares and an unlimited number of preference shares of which 54,186,662 have been validly issued and are outstanding as fully paid and non-assessable.
Authorized Capital of the Company. The authorized capital of the Company as of the date hereof consists of:
Authorized Capital of the Company. The authorized capital stock of the Company consists solely of (i) 2,000,000 Shares and (ii) 25,000 shares of preferred stock, $0.01 par value (the "Preferred Stock"). A total of 1,024,438 Shares are issued and outstanding as of the date of this Agreement. No Preferred Stock is issued and outstanding. The Shares have been duly authorized, validly issued and are fully paid and nonassessable and are not subject to pre-emptive rights. Except as set forth on Schedule 3.03 there are no shares of capital stock of the Company authorized, issued or outstanding and there are no preemptive rights or any outstanding subscriptions, options, warrants, rights, convertible or exchangeable securities or other agreements, commitments understandings arrangements or restrictions by which the Company is bound to issue or sell any additional shares of its capital stock or other securities of any character relating to its issued or unissued capital stock or other securities.
Authorized Capital of the Company. The authorized capital of the Company consists of 1,000 Shares, without par value, of which 200 Shares have been validly issued and are outstanding as fully paid and non-assessable. 800 Shares are held in the Treasury. Except for Stake pursuant to this Agreement, no Person has any agreement or option or any right or privilege (whether by law, pre-emptive or contractual) capable of becoming an agreement or option, including convertible securities, warrants or convertible obligations of any nature for the purchase, subscription, allotment or issuance of any of the Shares or securities convertible into unissued Shares in the capital of the Company.
Authorized Capital of the Company. The initial purchaser of this warrant acknowledges that the Company has insufficient authorized capital to permit exercise of this Warrant. The Company plans on submitting to shareholders a plan to increase the Company’s authorized capital in order to have sufficient authorized shares to cover the shares issuable hereunder. In the event that the Company does not increase its authorized capital in an amount sufficient to cover all shares exercisable hereunder, the initial purchaser of this Warrant and the Company agree that the purchase of this Warrant shall be rescinded and the initial purchaser’s consideration returned (without payment of interest). If the Company does increase its authorized capital in an amount sufficient to cover all shares exercisable hereby, then the Company shall at all times reserve and keep available out of its authorized shares of Common Stock, solely for the purpose of issuance upon the exercise of this Warrant, such number of shares of Common Stock as shall be issuable upon the exercise hereof. The Company covenants and agrees that, upon exercise of this Warrant and payment of the Purchase Price therefor, all shares of Common Stock issuable upon such exercise shall be duly and validly issued, fully paid and non-assessable, provided that the Purchase Price per share shall equal or exceed the par value of the Common Stock. As long as the Warrant shall be outstanding, the Company shall use its best efforts to cause all shares of Common Stock issuable upon the exercise of the Warrant to be listed (subject to official notice of issuance) on all securities exchanges on which the Common Stock may then be listed.
Authorized Capital of the Company. The authorized capital of the Company consists of 1,000,000 shares of common stock, par value US$0.001, of which 1,000,000 shares of common stock are issued and outstanding.
