Ownership of Sub. Until the Purchase Price is paid in full, neither the Seller nor the Shareholders (i) will assign any of their interest in Sub to any other person (other than the assignment by the Seller of Class B Units to the Key Employees), and (ii) will permit Sub to issue any new membership interests; provided that the Seller may assign all or any part of its interest in Sub to the Shareholders.
Ownership of Sub. As of the Effective Time (i) all of the outstanding shares of capital stock of Sub will be validly issued and fully paid and nonassessable, and (ii) all of the outstanding shares of capital stock of Sub will be owned by VoiceStream.
Ownership of Sub. Sub was formed solely for the purpose of engaging in the transactions contemplated by this Agreement. Sub (a) has not conducted, and will not prior to the Effective Time conduct, any business and (b) has no, and prior to the Effective Time will have no, assets or liabilities, except, in either case, in connection with the Merger. As of the Effective Time, only shares of Sub common stock will be issued and outstanding. All of such shares shall be owned directly by UPSOA.
Ownership of Sub. Parent owns, directly or indirectly, all of the issued and outstanding share capital of Sub, and there are no outstanding options, warrants or other securities convertible into, or rights to acquire, any share capital of Sub.
Ownership of Sub. 9 Section 7.7
Ownership of Sub. Sub is a wholly-owned subsidiary of Buyer.
Ownership of Sub. Sub is a direct or indirect wholly-owned subsidiary of Parent.
Ownership of Sub. 21 ARTICLE IV PRE-CLOSING COVENANTS
Ownership of Sub. Buyer owns or will own upon its formation all of the outstanding capital stock of Sub.
Ownership of Sub. Acquisition Sub is a direct or indirect wholly-owned subsidiary of Buyer.
