Common use of Corporate Capital Clause in Contracts

Corporate Capital. 5.2.1 The corporate capital of the Midas Companies is duly and validly issued, fully paid in. 5.2.2 The shares held by MIDAS in the Midas Companies are the exclusive property of MIDAS or other MIDAS subsidiaries. There are no capital increases, issuance of shares or other operations relating to the capital of the Midas Companies pending or authorized, except those mentioned in clause III.4.2. 5.2.3 All the shares of the Midas Companies are free from any and all pledges, restrictions, obligations, sequestration, privileges, claims, options, usufruct, burdens or encumbrances, rights or claims of third parties for the acquisition of the shares or any interest therein, or for the issuance of other shares or quotas of the Midas Companies. 5.2.4 MIDAS may enter into and perform this Agreement without the necessity of obtaining the consent, authorization, or approval from any third parties or public authorities, except as indicated in this Agreement. The drafting of this Agreement, and the carrying out of the transactions contemplated herein, shall not violate the deed of incorporation or the by-laws of the Midas Companies, or constitute a breach of any agreement or contract which MIDAS, and/or the Midas Companies are a party to.