Examples of Xxxxxxx Common Shares in a sentence
The authorized equity capital of Xxxxxxx consists of an unlimited number of Xxxxxxx Common Shares.
Alliance Trust Company at its offices in Xxxxxxx, Xxxxxxx xxx Xxxxxxx, Xxxxxxx has been duly appointed as the transfer agent and registrar for all of the outstanding Xxxxxxx Common Shares.
There are no shareholders’ agreements, pooling agreements, voting trusts or other similar agreements with respect to the ownership or voting of any of the Xxxxxxx Common Shares or Subco Common Shares.
As of the date hereof, 3,740,000 Xxxxxxx Common Shares have been duly authorized and are validly issued and outstanding as fully paid and non-assessable and were issued in compliance with all applicable Laws.
Such Seller hereby represents that it can bear the economic risk of losing its investment in Xxxxxxx Common Shares and has adequate means for providing for current financial needs and contingencies.
Upon consummation of the transactions contemplated hereby and the issuance and delivery of certificates representing the Xxxxxxx Shares to the Sellers, the Xxxxxxx Shares will be validly issued, fully paid and non-assessable shares of Xxxxxxx Common Shares.
Such Seller has such Knowledge and experience in financial and business matters that it is capable of evaluating the risks of an investment in Xxxxxxx Common Shares, has had the opportunity to discuss the transactions contemplated hereby with Xxxxxxx and has had the opportunity to obtain such information pertaining to Xxxxxxx as has been requested, including but not limited to filings made by Xxxxxxx with the SEC under the Exchange Act.
Xxxxxxx has not purchased or caused to be purchased, and will not purchase or cause to be purchased, any Xxxxxxx Common Shares, whether pursuant to its share repurchase program or otherwise, during the period used to determine the Average Closing Sale Price.