Outstanding Equity Interests Clause Samples

Outstanding Equity Interests. As of the Closing Date, the Company shall have no outstanding warrants, options or other equity interests other than 17,640,000 shares of common stock.

Outstanding Equity Interests. Entity Name Ownership %

Outstanding Equity Interests. (a) The only equity interests in Penreco are ConocoPhillips’ and Z▇▇▇▇▇▇▇’▇ Seller’s Interests. There are no outstanding or authorized subscriptions, options, warrants, calls, rights, commitments or any other agreements of any kind obligating Penreco to issue any additional equity interests in Penreco. (b) Except as described in Schedule 5.5, Penreco does not directly or indirectly own, has not agreed to purchase or otherwise acquire, and does not hold any interest convertible into or exchangeable or exercisable for, any capital stock or other equity interests of any Person. At Closing, Penreco will not directly or indirectly own any capital stock or other equity interests of any Person.

Outstanding Equity Interests. (a) There are no outstanding or authorized subscriptions, options, warrants, calls, rights, commitments or any other agreements of any kind obligating ConocoPhillips to issue any additional equity interests in Penreco. (b) Upon consummation of the transactions at the Closing contemplated under this Agreement, ConocoPhillips will transfer to Purchaser, and Purchaser will have, good and marketable title to all of ConocoPhillips’ Seller’s Interest, free and clear of any Liens.

Outstanding Equity Interests. (a) There are no outstanding or authorized subscriptions, options, warrants, calls, rights, commitments or any other agreements of any kind obligating Z▇▇▇▇▇▇▇ to issue any additional equity interests in Penreco. (b) Upon consummation of the transactions at the Closing contemplated under this Agreement, Z▇▇▇▇▇▇▇ will transfer to Purchaser, and Purchaser will have, good and marketable title to all of Z▇▇▇▇▇▇▇’▇ Seller’s Interest, free and clear of any Liens.