Common use of Capital Stock of Healthworld Clause in Contracts

Capital Stock of Healthworld. The authorized capital stock of Healthworld is as set forth in Schedule 6.3. All of the issued and outstanding shares of the capital stock of Healthworld are owned by the U.S. Stockholders in the amounts set forth in Schedule 6.3. All of such shares are owned free and clear of all Encumbrances and claims of every kind. All of the issued and outstanding shares of the capital stock of Healthworld have been duly authorized and validly issued and are fully paid and nonassessable. Such shares were offered, issued, sold and delivered by Healthworld in compliance with all applicable state and Federal laws concerning the issuance of securities.

Capital Stock of Healthworld. The authorized capital stock of Healthworld is as set forth in Schedule 6.3. All of the issued and outstanding shares of the capital stock of Healthworld are owned by the U.S. Stockholders in the amounts set forth in Schedule 6.3. All of such shares are owned free and clear of all Encumbrances and claims of every kind. All of the issued and outstanding shares of the capital stock of Healthworld have been duly authorized and validly issued issued, and are fully paid and nonassessable, are owned of record and beneficially by Xxxxxxxx. Such shares were offered, issued, sold and delivered by Healthworld in compliance with all applicable state and Federal laws concerning the issuance of securities.