Common use of Capitalization and Related Matters Clause in Contracts

Capitalization and Related Matters. i. The Company has an authorized capital consisting of 500 shares of common stock, par value per share, $1.00 and no shares of Preferred Stock, of which three hundred seventy-seven (377) shares of Common Stock are issued and outstanding as of the date hereof. All shares of Company Common Stock are duly and validly issued, fully paid and nonassessable. No shares of Company Common Stock (i) were issued in violation of the preemptive rights of any shareholder, or (ii) are held as treasury stock.

Capitalization and Related Matters. i. (a) The Company has an authorized capital consisting of 500 2,000,000 shares of common stock, par value per share, $1.00 and no shares of Preferred Stock, 1,080,288 of which three hundred seventy-seven (377) shares of Common Stock are issued and outstanding as of at the date hereof. All shares of the Company Common Stock and Subsidiary Stock are duly and validly issued, fully paid and nonassessable. No shares of the Company Common Stock or Subsidiary Stock (i) were issued in violation of the preemptive rights of any shareholder, or (ii) are held as treasury stock.

Capitalization and Related Matters. i. The Company has an authorized capital consisting of 500 20,000,000 shares of common stock, $.001 par value per share, $1.00 and no shares of Preferred Stock, 3,200,000 of which three hundred seventy-seven (377) shares of Common Stock are issued and outstanding as of at the date hereof. All shares of Company Common Stock are duly and validly issued, fully paid and nonassessable. No shares of Company Common Stock (i) were issued in violation of the preemptive rights of any shareholder, or (ii) are held as treasury stock.

Capitalization and Related Matters. i. (a) The Company has an authorized capital consisting of 500 20,000,000 shares of common stock, $.001 par value per share, $1.00 and no shares of Preferred Stock, 3,200,000 of which three hundred seventy-seven (377) shares of Common Stock are issued and outstanding as of at the date hereof. All shares of Company Common Stock are duly and validly issued, fully paid and nonassessable. No shares of Company Common Stock (i) were issued in violation of the preemptive rights of any shareholder, or (ii) are held as treasury stock.

Capitalization and Related Matters. i. (a) The Company has an authorized capital consisting of 500 7,500 shares of common stock, par value per share, $1.00 and no shares of Preferred Stock, 300 of which three hundred seventy-seven (377) shares of Common Stock are issued and outstanding as of at the date hereof. All shares of Company Common Stock are duly and validly issued, fully paid and nonassessable. No shares of Company Common Stock (i) were issued in violation of the preemptive rights of any shareholder, or (ii) are held as treasury stock.

Capitalization and Related Matters. i. (a) The Company has an authorized capital consisting of 500 200,000,000 shares of common stockCommon Stock, par value per share, $1.00 and no shares of Preferred Stock, of which three hundred seventy-seven (377) 45,765,000 shares of Common Stock are issued and outstanding as of at the date hereof. All shares of Company Common Stock are duly and validly issued, fully paid and nonassessable. No shares of Company Common Stock (i) were issued in violation of the preemptive rights of any shareholder, or (ii) are held as treasury stock.