Authorized Issued and Outstanding Shares. Record the issuance of Shares of the Fund and maintain, pursuant to Rule 17Ad-10(e) of the '34 Act, a record of the total number of Shares of the Fund which are authorized, issued and outstanding, based upon data provided to it by the Fund. Price Services shall also provide the Fund on a regular basis the total number of Shares which are authorized and issued and outstanding. Price Services shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such Shares or to take cognizance of any laws relating to the issuance or sale of such Shares.
Authorized Issued and Outstanding Shares. Record the issuance of Shares of the Fund and maintain, pursuant to Rule 17Ad-10(e) of the '34 Act, a record of the total number of Shares of the Fund which are authorized, issued and outstanding, based upon data provided to it by the Fund. Price Services shall also provide the Fund on a regular basis the total number of Shares which are authorized and issued and outstanding. Price Services shall have no obligation, when
Authorized Issued and Outstanding Shares. The Trust agrees to notify MBIA promptly of any change in the number of authorized Shares and of any change in the number of Shares registered under the 1933 Act, as amended or termination of the Trust's declaration under Rule 24f-2 of the 1940 Act. The Trust has advised MBIA, as of the date hereof, of the number of Shares (i) held in any redemption or repurchase account, and (ii) registered under the 1933 Act, as amended, which are unsold. In the event that the Trust shall declare a stock dividend, a stock split or a reverse stock split, the Trust shall deliver to MBIA a certificate, upon which MBIA shall be entitled to rely for all purposes, certifying (i) the number of Shares involved, (ii) that all appropriate corporate action has been taken, and (iii) that any amendment to the Declaration of Trust of the Trust which may be required has been filed and is effective. Such certificate shall be accompanied by an opinion of counsel to the Trust relating to the legal adequacy and effect of the transaction.
Authorized Issued and Outstanding Shares. Record the issuance of Shares of the Fund and maintain, pursuant to Rule 17Ad-10(e) of the '34 Act, a record of the total number of Shares of the Fund which are authorized,
Authorized Issued and Outstanding Shares. The Fund agrees to notify RSMC promptly of any change in the number of authorized Shares and of any change in the number of Shares registered under the Securities Act of 1933, as amended or termination of the Fund's declaration under Rule 24f-2 of the 1940 Act. The Fund has advised RSMC, as of the date hereof, of the number of Shares (i) held in any redemption or repurchase account, and (ii) registered under the Securities Act of 1933, as amended, which are unsold. In the event that the Fund shall declare a stock dividend or a stock split, the Fund shall deliver to RSMC a certificate, upon which RSMC shall be entitled to rely for all purposes, certifying (i) the number of Shares involved, (ii) that all appropriate corporate action has been taken, and (iii) that any amendment to the Declaration of Trust of the Fund which may be required has been filed and is effective. Such certificate shall be accompanied by an opinion of counsel to the Fund relating to the legal adequacy and effect of the transaction.
Authorized Issued and Outstanding Shares. Schedule 5.05(a) sets forth a correct and complete list and description of the authorized, issued and outstanding capital stock of the Company as of the date of this Agreement and as of the Closing Date. All of the issued and outstanding shares of Common Stock and Preferred Stock have been duly authorized, validly issued and are fully paid and non-assessable. Schedule 5.05(a) sets forth a correct and complete list of (i) the number of issued and outstanding shares of each class of the Company’s Equity Securities, and (ii) the number of each class of Equity Securities of the Company owned or held by each such owner. Except as set forth on Schedule 5.05(a), there are no Equity Securities of the Company (i) authorized, issued or outstanding, (ii) held in the Company’s treasury or held by any of the Company’s Subsidiaries, or (iii) reserved for issuance.
Authorized Issued and Outstanding Shares. The Fund agrees to notify Rodney Square promptly of axx xxxnge in the number of authorized Shares and of any change in the number of Shares registered under the 1933 Act, as amended or termination of the Fund's declaration under Rule 24f-2 of the 1940 Act. The Fund has advised Rodney Square, as of the daxx xxxeof, of the number of Shares (i) held in any redemption or repurchase account, and (ii) registered under the 1933 Act, as amended, which are unsold. In the event that the Fund shall declare a stock dividend, a stock split or a reverse stock split, the Fund shall deliver to Rodney Square a certificatx, xxon which Rodney Square shall be entitxxx xx rely for all purposes, certifying (i) the number of Shares involved, (ii) that all appropriate corporate action has been taken, and (iii) that any amendment to the Fund's Declaration of Trust/Master Trust Agreement which may be required has been filed and is effective. Such certificate shall be accompanied by an opinion of counsel to the Fund relating to the legal adequacy and effect of the transaction.
Authorized Issued and Outstanding Shares. As of the Closing Date, immediately following the issuance and sale of the Securities pursuant to this Agreement, the authorized capital stock of the Company will consist of (i) 5,000,000 shares of Preferred Stock, par value $.02, of which 420,857 have been designated Series I Preferred Redeemable Preferred Stock, all of which will be issued and outstanding (for the avoidance of doubt, no other shares of Preferred Stock shall, as of the Closing Date, be designated, issued or outstanding), and (ii) 65,000,000 shares of Common Stock, par value $.02, of which 43,696,139 shares will be issued and outstanding. All of the issued and outstanding shares of Common Stock and Preferred Stock have been duly authorized, validly issued and are fully paid and nonassessable. As of the Closing Date, except as set forth above, the Company will not have any equity securities issued and outstanding, except for the options listed in clause (b) below.
Authorized Issued and Outstanding Shares. The authorized Capital Stock of the Company consists of only 6,000,000 shares of Common Stock. As of the date of this Agreement, only 1,000,000 shares of Common Stock (the "Company Stock") are issued and outstanding, all of which shares have been duly authorized, validly issued and are fully paid and nonassessable. Except for such Company Stock, there are no other shares of Capital Stock of the Company outstanding. Schedule 5.05(a) sets forth the number of issued and outstanding shares of each class of the Company's Capital Stock, the names of the record owners thereof, and the number of shares held by each such owner.
Authorized Issued and Outstanding Shares. The Trust agrees to notify Rodney Square promptly of any change in the number of authorized Shxxxx xnd of any change in the number of Shares registered under the 1933 Act, as amended or termination of the Trust's declaration under Rule 24f-2 of the 1940 Act. The Trust has advised Rodney Square, as of the date hereof, of the number of Shares (x) xxxd in any redemption or repurchase account, and (ii) registered under the 1933 Act, as amended, which are unsold. In the event that the Trust shall declare a stock dividend, a stock split or a reverse stock split, the Trust shall deliver to Rodney Square a certificate, upon which Rodney Square shall be enxxxxxx to rely for all purposes, certifyinx (x) the number of Shares involved, (ii) that all appropriate corporate action has been taken, and (iii) that any amendment to the Declaration of Trust of the Trust which may be required has been filed and is effective. Such certificate shall be accompanied by an opinion of counsel to the Trust relating to the legal adequacy and effect of the transaction. 7.
