Common use of Capitalization; Debt Clause in Contracts

Capitalization; Debt. The authorized, issued and outstanding shares of capital stock of the Company and any outstanding debt are as set forth in the Company’s Form 10-K (except for subsequent issuances, if any, pursuant to this Agreement, pursuant to the operation of the Company’s dividend reinvestment plan, pursuant to share-based compensation awards or pursuant to the conversion of convertible securities referred to in the Form 10-K). The outstanding shares of capital stock of the Company have been duly authorized and validly issued and are fully paid and non-assessable. None of the outstanding shares of capital stock of the Company were issued in violation of the preemptive or other similar rights of any securityholder of the Company.

Capitalization; Debt. The authorized, issued and outstanding shares of capital stock of the Company and any outstanding debt are as set forth in the Company’s Form 10-K (except for subsequent issuances, if any, pursuant to this Agreement, pursuant to the operation of the Company’s dividend reinvestment plan, pursuant to share-based compensation awards Agreement or pursuant to the conversion exercise of convertible securities referred to in the Form 10-K). The outstanding shares of capital stock of the Company have been duly authorized and validly issued and are fully paid and non-assessable. None of the outstanding shares of capital stock of the Company were issued in violation of the preemptive or other similar rights of any securityholder of the Company.