Common use of Ownership of the Company Clause in Contracts

Ownership of the Company. One hundred percent (100%) of the --------------------------- outstanding capital stock of the Company is directly owned (both beneficially and of record) by Seller. Such stock is validly issued, fully paid and nonassessable and there are no options, warrants or other rights to acquire capital stock from the Company.

Ownership of the Company. One hundred percent (100%) of the --------------------------- ------------------------- outstanding capital stock of the Company is directly owned (both beneficially and of record) by Seller. Such stock is validly issued, fully paid and nonassessable and there are no options, warrants or other rights to acquire capital stock from the Company.

Ownership of the Company. One hundred percent (100%) of the --------------------------- outstanding capital stock of the Company is directly owned (both beneficially and of record) by Seller. Such stock is validly issued, fully paid and nonassessable and there are no options, warrants or other rights to acquire capital stock from the Company.

Ownership of the Company. One hundred percent (100%) of the --------------------------- -------------------------- outstanding capital stock of the Company is directly owned (both beneficially and of record) by Seller. Such stock is validly issued, fully paid and nonassessable and there are no options, warrants or other rights to acquire capital stock from the Company.