Common use of Capitalization and Related Matters Clause in Contracts

Capitalization and Related Matters. (a) The Company has an authorized capital consisting of 20,000,000 Ordinary Shares, of which 297,000 Ordinary Shares are issued and outstanding as of the date hereof (excluding the Buyer's Stock). All Ordinary Shares are duly and validly issued, fully paid and nonassessable. No Ordinary Shares (i) were issued in violation of the preemptive rights of any shareholder, or (ii) are held as treasury stock.

Appears in 4 contracts

Samples: Investment Agreement (iPOINT USA CORP), Investment Agreement (iPOINT USA CORP), Investment Agreement (iPOINT USA CORP)

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Capitalization and Related Matters. (a) The Company has an authorized capital consisting of 20,000,000 200,000 Ordinary Shares, of which 297,000 2,970 Ordinary Shares are issued and outstanding as of the date hereof (excluding the Buyer's Stock). All Ordinary Shares are duly and validly issued, fully paid and nonassessable. No Ordinary Shares (i) were issued in violation of the preemptive rights of any shareholder, or (ii) are held as treasury stock.

Appears in 1 contract

Samples: Investment Agreement (Neomedia Technologies Inc)

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