Common use of Ownership and Control Clause in Contracts

Ownership and Control. Schedule 4.1(o) hereof states as of the date hereof the authorized capitalization of each Borrower, the number of shares of each class of capital stock issued and outstanding of each Borrower and the number and percentage of outstanding shares of each such class of capital stock and the names of the record owners of such shares and the direct or indirect beneficial owners of such shares (except that for NCO Group the listing shall include only the names of any parties beneficially owning, individually or through affiliates, more than 5% of NCO Group stock). The outstanding shares of capital stock of each Borrower have been duly authorized and validly issued and are fully paid and nonassessable. Except as described in Schedule 4.1(o), there are no options, warrants, calls, subscriptions, conversion rights, exchange rights, preemptive rights or other rights, agreements or arrangements (contingent or otherwise) which may in any circumstances now or hereafter obligate any Borrower to issue any shares of its capital stock or any other securities.

Appears in 3 contracts

Samples: Credit Agreement (Nco Group Inc), Credit Agreement (Nco Group Inc), Credit Agreement (Nco Group Inc)

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Ownership and Control. Schedule 4.1(o) hereof states as of the date hereof the authorized capitalization of the Borrower and each BorrowerRestricted Subsidiary, the number of shares of each class of capital stock issued and outstanding of each Borrower such Person and the number and percentage of outstanding shares of each such class of capital stock and the names of the record owners of such shares and the direct or indirect beneficial owners of such shares (except that for NCO Group Borrower the listing shall include only the names of any parties beneficially owning, individually or through affiliates, more than 5% of NCO Group Borrower's stock). The outstanding shares of capital stock of the Borrower and each Borrower Restricted Subsidiary have been duly authorized and validly issued and are fully paid and nonassessable. Except as described in Schedule 4.1(o), there are no options, warrants, calls, subscriptions, conversion rights, exchange rights, preemptive rights or other rights, agreements or arrangements (contingent or otherwise) which may in any circumstances now or hereafter obligate any Borrower to issue any shares of its capital stock or any other securities.

Appears in 1 contract

Samples: Credit Agreement (Nco Group Inc)

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Ownership and Control. Schedule 4.1(o4.1(n) hereof states as of the date hereof the authorized capitalization of each BorrowerObligor, the number of shares of each class of capital stock issued and outstanding of each Borrower Obligor and the number and percentage of outstanding shares of each such class of capital stock and the names of the record owners of such shares and the direct or indirect beneficial owners of such shares (except that for NCO Group Borrower the listing shall include only the names of any parties beneficially owning, individually or through affiliates, more than 5% of NCO Group Borrower's stock). The outstanding shares of capital stock of each Borrower Obligor have been duly authorized and validly issued and are fully paid and nonassessable. Except as described in Schedule 4.1(o4.1(n), there are no options, warrants, calls, subscriptions, conversion rights, exchange rights, preemptive rights or other rights, agreements or arrangements (contingent or otherwise) which may in any circumstances now or hereafter obligate any Borrower to issue any shares of its capital stock or any other securities.

Appears in 1 contract

Samples: Credit Agreement (Nco Group Inc)

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