Common use of Capital Shares Clause in Contracts

Capital Shares. The OnHealth Common Shares issuable pursuant to this Agreement are duly authorized and reserved for issuance and, when issued in accordance with the terms of this Agreement will be validly issued, fully paid, nonassessable and not subject to any preemptive rights. The authorized, issued and outstanding capital shares of OnHealth are as set forth in the SEC Documents as of the dates of the financial statements or other information included in the SEC Documents.

Appears in 2 contracts

Sources: Agreement and Plan of Reorganization (Onhealth Network Co), Agreement and Plan of Reorganization (Onhealth Network Co)