Company Structure Sample Clauses
The Company Structure clause defines the legal and organizational framework of the company as recognized in the agreement. It typically outlines the type of entity (such as corporation, partnership, or limited liability company), the jurisdiction of incorporation, and may specify key details like ownership percentages or management roles. By clearly establishing how the company is organized and governed, this clause ensures all parties understand the entity's legal standing and internal structure, thereby reducing ambiguity and potential disputes regarding authority and decision-making.
Company Structure. As of the Closing Date and as the date of the most recent Compliance Certificate delivered pursuant to this Credit Agreement, the Members of Borrower and their Capital Commitments are set forth in the Investor Classification Letter.
Company Structure. (a) At the Commencement Date, the Company and the Shareholders warrant that all issued shares in the capital of the Company are held and beneficially owned by the Shareholders.
(b) During the Term the Shareholders shall not assign, sell, transfer, or otherwise dispose of or mortgage, charge or otherwise encumber any share or shares held by them in the capital of the Company or any interest therein or do, procure, allow or permit any other act whereby another person becomes entitled within the meaning of the Corporations Law to such ¥ share or shares without the prior approval in writing of the Territory.
(c) During the Term the Company and the Shareholders shall not:-
(i) issue any shares in the capital of the Company other than those on issue as at the Commencement Date;
(ii) appoint any director or alternate director to the Company;
(iii) register any transfer of shares in the capital of the Company; or
(iv) alter or amend the Memorandum and Articles of Association of the Company; without the prior approval in writing of the Territory; and shall:-
(v) force to vacate his or her office any director of the Company in accordance with any direction of the Territory to that effect.
(d) At the Commencement Date, Timor and the Covenantors warrant that all issued shares in the capital of the Timor are held and beneficially owned by the Covenantors.
(e) During the Term the Covenantors shall not assign, sell, transfer, or otherwise dispose of or mortgage, charge or otherwise encumber any share or shares held by them in the capital of the Timor or any interest therein or do, procure, allow or permit any other act whereby another person becomes entitled within the meaning of the Corporations Law to such share or shares without the prior approval in writing of the Territory.
(f) During the Term Timor and the Covenantors shall not:-
(i) issue any shares in the capital of Timor other than those on issue as at the Commencement Date;
(ii) appoint any director or alternate director to Timor;
(iii) register any transfer of shares in the capital of Timor; or
(iv) alter or amend the Memorandum and Articles of Association of Timor; without the prior approval in writing of the Territory; and shall:-
(v) force to vacate his or her office any director of the Timor in accordance with any direction of the Territory to that effect.
(g) The Company and Timor shall, when requested by the Territory, make available to the Territory all information in respect of the shareholders, direct...
Company Structure. As of the Closing Date and as the date of the most recent Compliance Certificate delivered pursuant to this Credit Agreement, the Members of Borrower and their Capital Commitments are set forth in Exhibit A hereto.
Company Structure. (a) As of the date hereof, Schedule 7.14, attached hereto and made a part hereof, sets forth (i) the correct name of each Subsidiary of a Credit Party and its jurisdiction of organization; (ii) the number, type or class, and name of the holder of all issued and outstanding Equity Interests of such Credit Party and each of its Subsidiaries, together with the number and percentage of Equity Interests held by each such holder; and (iii) the number of authorized and issued Equity Interests (and treasury shares) of such Credit Party and each Subsidiary of a Credit Party, by type or class.
(b) Such Credit Party has good title to all of the Equity Interests it purports to own of each of its Subsidiaries, free and clear in each case of any Lien other than Permitted Liens. All such Equity Interests have been duly issued and are fully paid and non-assessable. Except as set forth on Schedule 7.14, there are no outstanding options to purchase, or any rights or warrants to subscribe for or acquire, or any commitments or agreements to issue or sell, or any Equity Interests or obligations convertible into, or any powers of attorney relating to, Equity Interests issued by any Credit Party or any of its Subsidiaries. Except as set forth on Schedule 7.14, there are no outstanding agreements or instruments binding upon the holders of any of the Equity Interests issued by such Credit Party or any Subsidiary relating to the ownership of such Equity Interests.
Company Structure. (a) Immediately following the Closing, the Company, Endeavor Operating Company, LLC and their respective wholly-owned subsidiaries shall collectively own directly or indirectly all of the outstanding equity securities of Zuffa Parent, LLC (“UFC Parent”), other than equity securities held by members of management or holders of warrants of UFC Parent or its subsidiaries and (b) none of (i) Silver Lake Partners, (ii) ▇▇▇▇▇ ▇▇▇▇▇▇▇ and (iii) ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ and their respective Affiliates will receive, directly or indirectly, any cash proceeds in respect of their equity in the Company or any of its subsidiaries (including UFC Parent) in connection with the Qualified IPO or this Agreement.
Company Structure. The Company has two Honduran subsidiaries: Compania M▇▇▇▇▇ ▇▇▇▇▇▇ del Sur S.A. and Minera Clavo Rico, S.A.
Company Structure. Share Capital
a) Standard share capital of a Gibraltar incorporated Shelf Company £2,000 divided into 2,000 shares of £1.00 each.
b) Standard share capital of a BVI incorporated Shelf Company US$50,000 divided into 50,000 shares of US$1.00 each.
c) Please incorporate my company with a share capital of ……………………..divided into…………...shares of each Please fill in all the requested details for each shareholder, together with the number of shares to be allocated to each person. Tick I would like Form-A-Co (Gibraltar) Limited to provide Nominee Shareholders. I would like to provide my own Shareholders as detailed below. Certified as a true copy of current international passport;
Company Structure. The purpose of this part is to describe the shareholding structure and intention of the Parties about profit distribution.
Company Structure. At least fifty-one percent (51%) of the outstanding interests in Borrower are owned by citizens of the United States or individuals who reside in the United States after being legally admitted for permanent residence.
Company Structure. For a company that is not quoted on a stock exchange either in the UK or in one of the jurisdictions listed below*, nor is a wholly owned subsidiary of such a company, please provide details of the structure showing the shareholders and the percentage of shares held. Ultimate shareholders must be natural persons.