Ownership Interests definition
Examples of Ownership Interests in a sentence
All issued and outstanding Ownership Interests of each Acquired Company: (i) are duly authorized, validly issued, fully paid and nonassessable and (ii) were issued in compliance with all applicable securities Laws and not in violation of any preemptive rights, rights of first refusal or similar rights.
There are no voting trusts, irrevocable proxies or other Contracts or understandings to which the Acquired Companies or any Seller is a party or is bound with respect to the voting or consent of any Ownership Interests of the Acquired Companies.
R&R LLC is the only Subsidiary of NBRM LLC, and NBRM LLC owns, directly or indirectly, of record and beneficially, all Ownership Interests of R&R LLC, free and clear of all Liens (other than any transfer restrictions arising under applicable securities Laws and the Organizational Documents of the Acquired Companies), and all such Ownership Interests are validly issued, fully paid and non-assessable (to the extent such concept is applicable to such Ownership Interests).
The Equity Interests constitute 100% of the Ownership Interests of the Acquired Companies.