{"component": "clause", "props": {"groups": [{"snippet": "Sponsor shall have invested a minimum of $50,000,000 ($45,000,000 of such $50,000,000 will be used by the Borrower on the Restatement Effective Date to finance the Restatement Effective Date Merger and $5,000,000 of such $50,000,000 will be used by the Borrower on or after the Restatement Effective Date to finance Capital Expenditures) into the Borrower, directly or indirectly, in the form of cash equity into the capital stock or other equity securities of Borrower.", "snippet_links": [{"key": "by-the-borrower", "type": "clause", "offset": [99, 114]}, {"key": "restatement-effective-date-merger", "type": "clause", "offset": [164, 197]}, {"key": "capital-expenditures", "type": "clause", "offset": [316, 336]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [357, 379]}, {"key": "form-of", "type": "definition", "offset": [388, 395]}, {"key": "cash-equity", "type": "clause", "offset": [396, 407]}, {"key": "the-capital-stock", "type": "clause", "offset": [413, 430]}, {"key": "other-equity-securities", "type": "definition", "offset": [434, 457]}], "size": 4, "samples": [{"hash": "hNv5fzGSn15", "uri": "/contracts/hNv5fzGSn15#equity-structure", "label": "Forbearance Agreement and First Amendment to Amended and Restated Credit Agreement (Spinal Elements Holdings, Inc.)", "score": 31.7269001007, "published": true}, {"hash": "lvEBSOv74Ph", "uri": "/contracts/lvEBSOv74Ph#equity-structure", "label": "Credit Agreement (Spinal Elements Holdings, Inc.)", "score": 31.4832305908, "published": true}, {"hash": "i8GANG1nXvC", "uri": "/contracts/i8GANG1nXvC#equity-structure", "label": "Credit Agreement (Spinal Elements Holdings, Inc.)", "score": 31.4832305908, "published": true}], "hash": "dd494b5049c14e457fdb16de2d0b38f3", "id": 1}, {"snippet": "FINOVA shall have reviewed and approved Borrower's organizational documents and the ownership structure of Borrower.", "snippet_links": [{"key": "approved-borrower", "type": "definition", "offset": [31, 48]}, {"key": "organizational-documents", "type": "clause", "offset": [51, 75]}, {"key": "structure-of-borrower", "type": "clause", "offset": [94, 115]}], "size": 2, "samples": [{"hash": "ccJA1OlIpT5", "uri": "/contracts/ccJA1OlIpT5#equity-structure", "label": "Master Loan and Security Agreement (Arv Assisted Living Inc)", "score": 18.0, "published": true}, {"hash": "4DVh6KI8K5U", "uri": "/contracts/4DVh6KI8K5U#equity-structure", "label": "Loan and Security Agreement (Arv Assisted Living Inc)", "score": 18.0, "published": true}], "hash": "368899f1a8af1d239b38fdff4aa09479", "id": 6}, {"snippet": "It is the intention of the Shareholders that the shareholdings in the UFSB shall be held in the respective proportions as set out below: Shareholders Percentage SASB 50% DASB 50% Total 100%", "snippet_links": [{"key": "it-is-the-intention", "type": "clause", "offset": [0, 19]}, {"key": "of-the-shareholders", "type": "clause", "offset": [20, 39]}, {"key": "respective-proportions", "type": "definition", "offset": [96, 118]}, {"key": "set-out", "type": "definition", "offset": [122, 129]}, {"key": "total-100", "type": "clause", "offset": [179, 188]}], "size": 2, "samples": [{"hash": "eVfSHcMUts2", "uri": "/contracts/eVfSHcMUts2#equity-structure", "label": "Joint Venture and Shareholders Agreement", "score": 20.7330589294, "published": true}], "hash": "bf7253693b09f26028949e82b2d05ceb", "id": 10}, {"snippet": "The equity structure of Dentex and its subsidiaries, including each class of their capital stock and other securities, is set forth on Schedule 5(p). Each of Dentex's subsidiaries is wholly owned, directly or indirectly through one or more subsidiaries, by Dentex.", "snippet_links": [{"key": "class-of", "type": "definition", "offset": [68, 76]}, {"key": "capital-stock-and-other-securities", "type": "clause", "offset": [83, 117]}, {"key": "on-schedule", "type": "definition", "offset": [132, 143]}, {"key": "wholly-owned", "type": "clause", "offset": [183, 195]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [197, 219]}], "size": 2, "samples": [{"hash": "2BfiTXRmgZj", "uri": "/contracts/2BfiTXRmgZj#equity-structure", "label": "Loan Agreement (National Dentex Corp /Ma/)", "score": 18.0, "published": true}], "hash": "83fa5487fca457defb8de39a6a5e6bf1", "id": 8}, {"snippet": "The Sponsor and/or its Controlled Investment Affiliates and other co-investors reasonably acceptable to the Purchasers shall have invested a minimum of 30.0% of the total pro forma capitalization of the Issuer and its Subsidiaries on the Original Closing Date, directly or indirectly, in the form of cash equity into the capital stock or other equity securities of the Issuer, it being understood that investments in preferred equity securities must be on terms and conditions reasonably satisfactory to the Purchasers.", "snippet_links": [{"key": "the-sponsor", "type": "clause", "offset": [0, 11]}, {"key": "controlled-investment-affiliates", "type": "definition", "offset": [23, 55]}, {"key": "to-the-purchasers", "type": "clause", "offset": [101, 118]}, {"key": "the-total", "type": "clause", "offset": [161, 170]}, {"key": "capitalization-of-the-issuer", "type": "clause", "offset": [181, 209]}, {"key": "original-closing-date", "type": "clause", "offset": [238, 259]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [261, 283]}, {"key": "form-of", "type": "definition", "offset": [292, 299]}, {"key": "cash-equity", "type": "clause", "offset": [300, 311]}, {"key": "the-capital-stock", "type": "clause", "offset": [317, 334]}, {"key": "other-equity-securities", "type": "definition", "offset": [338, 361]}, {"key": "investments-in", "type": "clause", "offset": [402, 416]}, {"key": "preferred-equity-securities", "type": "definition", "offset": [417, 444]}, {"key": "terms-and-conditions", "type": "definition", "offset": [456, 476]}], "size": 4, "samples": [{"hash": "cdBAQeXGUzG", "uri": "/contracts/cdBAQeXGUzG#equity-structure", "label": "Second Lien Note Purchase Agreement (Spinal Elements Holdings, Inc.)", "score": 31.7269001007, "published": true}, {"hash": "4vAc0HQIlqu", "uri": "/contracts/4vAc0HQIlqu#equity-structure", "label": "Second Lien Note Purchase Agreement (Spinal Elements Holdings, Inc.)", "score": 31.7269001007, "published": true}, {"hash": "47A2XSaFJNV", "uri": "/contracts/47A2XSaFJNV#equity-structure", "label": "Second Lien Note Purchase Agreement (Spinal Elements Holdings, Inc.)", "score": 31.7269001007, "published": true}], "hash": "f159a0e7f8882b0664656f25e61aa687", "id": 2}, {"snippet": "Schedule 2.22(b) of the Seller Disclosure Letter sets forth, as of the Agreement Date, the issued Equity Interests of the China JV and their holders of record. The Company owns the Equity Interests of the China JV as set out against the Company\u2019s name in such Schedule, free and clear of all Encumbrances. There are no issued, reserved for issuance, promised and ungranted or outstanding options, warrants, stock appreciation rights, restricted share units, phantom stock, calls, subscriptions or other rights to acquire from the China JV or other obligations of the China JV to issue or allot, any Equity Interests, other than under the China JV 2019 Equity Incentive Plan approved and adopted by the board of directors of the China JV on November 13, 2019, pursuant to which options exercisable for up to 13.3285% of the registered capital of the China JV were reserved.", "snippet_links": [{"key": "seller-disclosure-letter", "type": "clause", "offset": [24, 48]}, {"key": "agreement-date", "type": "definition", "offset": [71, 85]}, {"key": "issued-equity-interests", "type": "definition", "offset": [91, 114]}, {"key": "china-jv", "type": "definition", "offset": [122, 130]}, {"key": "holders-of-record", "type": "clause", "offset": [141, 158]}, {"key": "the-company", "type": "definition", "offset": [160, 171]}, {"key": "the-equity-interests", "type": "clause", "offset": [177, 197]}, {"key": "set-out", "type": "definition", "offset": [217, 224]}, {"key": "free-and-clear", "type": "definition", "offset": [270, 284]}, {"key": "reserved-for-issuance", "type": "definition", "offset": [327, 348]}, {"key": "outstanding-options", "type": "definition", "offset": [376, 395]}, {"key": "stock-appreciation-rights", "type": "clause", "offset": [407, 432]}, {"key": "restricted-share-units", "type": "definition", "offset": [434, 456]}, {"key": "phantom-stock", "type": "definition", "offset": [458, 471]}, {"key": "rights-to-acquire", "type": "clause", "offset": [503, 520]}, {"key": "obligations-of-the", "type": "clause", "offset": [548, 566]}, {"key": "to-issue", "type": "clause", "offset": [576, 584]}, {"key": "equity-incentive-plan", "type": "definition", "offset": [652, 673]}, {"key": "by-the-board-of-directors", "type": "clause", "offset": [695, 720]}, {"key": "on-november", "type": "clause", "offset": [737, 748]}, {"key": "pursuant-to", "type": "definition", "offset": [759, 770]}, {"key": "registered-capital", "type": "clause", "offset": [823, 841]}], "size": 3, "samples": [{"hash": "9eb8NIHPFnv", "uri": "/contracts/9eb8NIHPFnv#equity-structure", "label": "Share Purchase Agreement", "score": 32.9513473511, "published": true}, {"hash": "5Ekjjxa15D3", "uri": "/contracts/5Ekjjxa15D3#equity-structure", "label": "Share Purchase Agreement", "score": 32.9294471741, "published": true}, {"hash": "9dnxFLx26jV", "uri": "/contracts/9dnxFLx26jV#equity-structure", "label": "Share Purchase Agreement (Nvidia Corp)", "score": 31.7022590637, "published": true}], "hash": "237237c65fcd2ae5f5ff053cf8f24dd9", "id": 3}, {"snippet": "The equity structure of the Borrower and each of its subsidiaries, including each class of its capital stock and other securities, is set forth on Schedule 5(p). Each of the Borrower's subsidiaries is wholly-owned, directly or indirectly through one or more subsidiaries, by the Borrower.", "snippet_links": [{"key": "of-the-borrower", "type": "clause", "offset": [21, 36]}, {"key": "class-of", "type": "definition", "offset": [82, 90]}, {"key": "capital-stock-and-other-securities", "type": "clause", "offset": [95, 129]}, {"key": "on-schedule", "type": "definition", "offset": [144, 155]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [215, 237]}, {"key": "by-the-borrower", "type": "clause", "offset": [272, 287]}], "size": 2, "samples": [{"hash": "NzefEkDm70", "uri": "/contracts/NzefEkDm70#equity-structure", "label": "Loan Agreement (National Dentex Corp /Ma/)", "score": 18.0, "published": true}, {"hash": "9g8upEGg7sW", "uri": "/contracts/9g8upEGg7sW#equity-structure", "label": "Loan Agreement (National Dentex Corp /Ma/)", "score": 18.0, "published": true}], "hash": "ddfecbeb908ca64981bb5ec73e3a290e", "id": 4}, {"snippet": "The Company has the following capital structure:", "snippet_links": [{"key": "the-company-has", "type": "definition", "offset": [0, 15]}, {"key": "capital-structure", "type": "definition", "offset": [30, 47]}], "size": 2, "samples": [{"hash": "iNOFVTy90GW", "uri": "/contracts/iNOFVTy90GW#equity-structure", "label": "Common Stock Purchase Agreement (Trellis Earth Products Inc)", "score": 20.7248458862, "published": true}, {"hash": "eUlZMjn80hC", "uri": "/contracts/eUlZMjn80hC#equity-structure", "label": "Preferred Stock Purchase Agreement (Trellis Earth Products Inc)", "score": 20.7248458862, "published": true}], "hash": "76c11d1a298170e7af0fe367f3896ef7", "id": 5}, {"snippet": "(a) The authorized capital stock of the Seller consists solely of (i) 100,000,000 shares of Common Stock of which, as of the date of the Agreement, 16,871,557 shares were issued and outstanding and (ii) 25,000,000 shares of Series A Voting Cumulative Preferred Stock, none of which is issued or outstanding. All of the outstanding shares of Common Stock have been validly issued and are fully paid, nonassessable and free of preemptive rights. As of the date of this Agreement, 10,189,523 shares of Common Stock were reserved for issuance and issuable upon or otherwise deliverable in connection with the exercise of outstanding options, warrants or other rights or securities convertible into shares of Common Stock (\"Company Options\"), which Company Options are listed (including type and amount of Company Option, option holder's name and option price) in Exhibit 3.16\n(a). Except as set forth above, there are outstanding: (i) no shares of capital stock or other voting securities of the Company, (ii) no securities of the Company or its subsidiaries convertible into or exchangeable for shares of capital stock or voting securities of the Company, (iii) no options, warrants, subscriptions, calls, rights or other agreements to acquire from the Company or its subsidiaries, and no obligations of the Company or its subsidiaries to issue, any capital stock, voting securities or securities of the Company and (iv) no equity equivalent interests or rights to acquire equity equivalent interests in the ownership or earnings of the Company or its subsidiaries other similar rights (collectively \"Company Securities\"). As of the date hereof, there are no outstanding obligations of the Company or its subsidiaries to repurchase, redeem or otherwise acquire any Company Securities. There are no stockholder agreements, voting trusts or other agreements or understandings to which the Company is a party or by which it is bound relating to the voting or registration of any shares of capital stock of the Company or other Company Securities, and to the knowledge of the Company, no such agreements have been entered into by shareholders of the Company.\n(b) All of the outstanding capital stock of the Company's direct and indirect subsidiaries (except for Secutron Corporation, approximately sixty percent (60%) of which is owned by the Company) is owned by the Company, directly or indirectly, free and clear of any Lien (as defined below) or any other limitation or restriction (including any restriction on the right to vote or sell the same except as may be provided as a matter of law). There are no securities of the Company or its subsidiaries convertible into or exchangeable for, options or other rights to acquire from the Company or its subsidiaries and no other contract, understanding, arrangement or obligation (whether or not contingent) providing for, the issuance or sale, directly or indirectly, of any capital stock or other ownership interests in or any other securities of any subsidiary of the Company. There are no outstanding contractual obligations of the Company or its subsidiaries to repurchase, redeem or otherwise acquire any outstanding shares of capital stock or other ownership interests in any subsidiary of the Company. For purposes of this Agreement, \"Lien\" means, with respect to any asset (including without limitation any security), any mortgage, lien, pledge, charge, security interest or encumbrance of any kind in respect of such asset. For purposes of this Agreement, a \"subsidiary\" means a corporation over fifty percent (50%) of the outstanding voting securities of which are owned by Seller.", "snippet_links": [{"key": "authorized-capital-stock", "type": "clause", "offset": [8, 32]}, {"key": "of-the-seller", "type": "clause", "offset": [33, 46]}, {"key": "date-of-the-agreement", "type": "definition", "offset": [125, 146]}, {"key": "issued-and-outstanding", "type": "clause", "offset": [171, 193]}, {"key": "series-a", "type": "definition", "offset": [224, 232]}, {"key": "cumulative-preferred-stock", "type": "definition", "offset": [240, 266]}, {"key": "outstanding-shares-of-common-stock", "type": "clause", "offset": [319, 353]}, {"key": "validly-issued", "type": "clause", "offset": [364, 378]}, {"key": "fully-paid", "type": "clause", "offset": [387, 397]}, {"key": "preemptive-rights", "type": "clause", "offset": [425, 442]}, {"key": "date-of-this-agreement", "type": "definition", "offset": [454, 476]}, {"key": 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1312]}, {"key": "to-issue", "type": "clause", "offset": [1333, 1341]}, {"key": "equity-equivalent", "type": "definition", "offset": [1421, 1438]}, {"key": "rights-to-acquire-equity", "type": "clause", "offset": [1452, 1476]}, {"key": "date-hereof", "type": "clause", "offset": [1630, 1641]}, {"key": "no-outstanding-obligations", "type": "clause", "offset": [1653, 1679]}, {"key": "stockholder-agreements", "type": "definition", "offset": [1795, 1817]}, {"key": "voting-trusts", "type": "clause", "offset": [1819, 1832]}, {"key": "other-agreements-or-understandings", "type": "clause", "offset": [1836, 1870]}, {"key": "a-party", "type": "clause", "offset": [1895, 1902]}, {"key": "relating-to", "type": "definition", "offset": [1927, 1938]}, {"key": "the-voting", "type": "clause", "offset": [1939, 1949]}, {"key": "capital-stock-of-the-company", "type": "clause", "offset": [1983, 2011]}, {"key": "other-company-securities", "type": "definition", "offset": [2015, 2039]}, {"key": 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association of the Target Company and other Group Members provided to the Investor, and truly, completely and accurately reflects the equity structure of the Target Company and other Group Members, and there is no false capital contribution. The Target Company and other Group Members have never committed to or actually issued any equity interests, shares, convertible bonds, warrants, options or equity interests of the same or similar nature other than the above shareholder equity interests in any form or to any person. The equity interests in the Target Company and other Group Members are free and clear of any nominee holding or similar arrangement, pledge or other security interest of any kind, or Encumbrance or any other third party rights (including, with respect to the equity interests in any person, any option or conversion right or pre-emptive right of any nature). The shareholding structure of direct or indirect equity holders of the Target Company (the equity interest in the Target Company penetrating through natural persons or governmental Authorities) will not have material adverse effect on the Target Company\u2019s Qualified IPO. All the registration and filing procedures applicable to the NIO Parties having obtained the shares and interests in the registered capital of the Target Company and other Group Members have been completed.", "snippet_links": [{"key": "the-target-company", "type": "clause", "offset": [36, 54]}, {"key": "group-members", "type": "definition", "offset": [65, 78]}, {"key": "in-the-articles", "type": "clause", "offset": [92, 107]}, {"key": "amendments-to-the-articles-of-association", "type": "clause", "offset": [156, 197]}, {"key": "supervision-and-administration", "type": "clause", "offset": [221, 251]}, {"key": "execution-date", "type": "clause", "offset": [271, 285]}, {"key": "the-records", "type": "clause", "offset": [311, 322]}, {"key": "exhibit-1", "type": "definition", "offset": [326, 335]}, {"key": "the-relevant", "type": "clause", "offset": [347, 359]}, {"key": "the-investor", "type": "definition", "offset": [442, 454]}, {"key": "capital-contribution", "type": "clause", "offset": [592, 612]}, {"key": "convertible-bonds", "type": "clause", "offset": [730, 747]}, {"key": "similar-nature", "type": "definition", "offset": [802, 816]}, {"key": "shareholder-equity", "type": "definition", "offset": [838, 856]}, {"key": "in-any-form", "type": "definition", "offset": [867, 878]}, {"key": "any-person", "type": "clause", "offset": [885, 895]}, {"key": "the-equity-interests", "type": "clause", "offset": [897, 917]}, {"key": "free-and-clear", "type": "definition", "offset": [968, 982]}, {"key": "other-security-interest", "type": "definition", "offset": [1040, 1063]}, {"key": "third-party-rights", "type": "definition", "offset": [1105, 1123]}, {"key": "with-respect-to", "type": "clause", "offset": [1136, 1151]}, {"key": "conversion-right", "type": "definition", "offset": [1202, 1218]}, {"key": "right-of", "type": "clause", "offset": [1234, 1242]}, {"key": "shareholding-structure", "type": "definition", "offset": [1260, 1282]}, {"key": "direct-or-indirect", "type": "clause", "offset": [1286, 1304]}, {"key": "holders-of", "type": "clause", "offset": [1312, 1322]}, {"key": "natural-persons", "type": "clause", "offset": [1405, 1420]}, {"key": "governmental-authorities", "type": "clause", "offset": [1424, 1448]}, {"key": "effect-on-the", "type": "clause", "offset": [1481, 1494]}, {"key": "qualified-ipo", "type": "definition", "offset": [1512, 1525]}, {"key": "filing-procedures", "type": "clause", "offset": [1552, 1569]}, {"key": "applicable-to", "type": "clause", "offset": [1570, 1583]}, {"key": "the-shares", "type": "clause", "offset": [1616, 1626]}], "size": 2, "samples": [{"hash": "eEZ9b3PAuyP", "uri": "/contracts/eEZ9b3PAuyP#equity-structure", "label": "Investment Agreement (NIO Inc.)", "score": 36.266254425, "published": true}], "hash": "7e7ac46b9097f4361bc31a8266da26c6", "id": 9}], "next_curs": "ClkSU2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjULEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhllcXVpdHktc3RydWN0dXJlIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"children": [["stock-commitments", "Stock Commitments"], ["authorized-stock", "Authorized Stock"], ["issued-stock", "Issued Stock"], ["", ""], ["cost-bearing", "Cost Bearing"]], "parents": [["conditions-precedent", "Conditions Precedent"], ["miscellaneous", "Miscellaneous"], ["representations-and-warranties", "REPRESENTATIONS AND WARRANTIES"], ["conditions-of-initial-loans", "Conditions of Initial Loans"], ["representations-and-warranties-with-respect-to-the-company", "REPRESENTATIONS AND WARRANTIES WITH RESPECT TO THE COMPANY"]], "size": 43, "title": "Equity Structure", "id": "equity-structure", "related": [["change-in-structure", "Change in Structure", "Change in Structure"], ["corporate-structure", "Corporate Structure", "Corporate Structure"], ["organizational-structure", "Organizational Structure", "Organizational Structure"], ["capital-structure", "Capital Structure", "Capital Structure"], ["company-capital-structure", "Company Capital Structure", "Company Capital Structure"]], "related_snippets": [], "updated": "2026-03-29T04:25:46+00:00", "also_ask": ["What are the most negotiable elements in the equity structure for each party?", "Which drafting provisions are essential to prevent dilution or loss of control?", "What are the primary legal risks or ambiguities in typical equity structure clauses?", "How does this equity structure compare to market standards or similar deals?", "What factors most influence a court\u2019s willingness to enforce or modify equity structure terms?"], "drafting_tip": "Specify share classes and rights to prevent disputes; detail ownership percentages to ensure clarity; define dilution protections to safeguard investor interests.", "explanation": "The Equity Structure clause defines how ownership interests in a company are divided among its shareholders or members. It typically outlines the types and classes of equity (such as common or preferred shares), the number of shares authorized and issued, and the rights and privileges attached to each class. For example, it may specify voting rights, dividend entitlements, or conversion features. This clause is essential for establishing clear ownership arrangements and preventing disputes by ensuring all parties understand their respective stakes and rights in the company."}, "json": true, "cursor": ""}}