Common use of Capital Structure, Due Authorization and Issuance Clause in Contracts

Capital Structure, Due Authorization and Issuance. The capital structure of the Corporation consists solely of ___ shares of ___ par value capital stock of which ____ shares are and will be as of the Closing in Escrow Date and the Closing Date issued and outstanding. All issued and outstanding shares of the capital stock of the Corporation have been duly authorized and validly issued, are fully paid and non-assessable, and were issued in compliance with all federal and applicable state securities laws.

Appears in 4 contracts

Sources: Shareholder Agreement (Dispatch Management Services Corp), Shareholder Agreement (Dispatch Management Services Corp), Shareholder Agreement (Dispatch Management Services Corp)

Capital Structure, Due Authorization and Issuance. The capital structure of the Corporation consists solely of ____ shares of ____ par value capital stock of which ____ shares are and will be as of the Closing in Escrow Date and the Closing Date issued and outstanding. All issued and outstanding shares of the capital stock of the Corporation have been duly authorized and validly issued, are fully paid and non-assessable, and were issued in compliance with all federal and applicable state securities laws.

Appears in 3 contracts

Sources: Shareholder Agreement (Dispatch Management Services Corp), Shareholder Agreement (Dispatch Management Services Corp), Shareholder Agreement (Dispatch Management Services Corp)

Capital Structure, Due Authorization and Issuance. The capital structure of the Corporation consists solely of ___ 1,000 shares of ___ no par value capital stock of which ____ 100 shares are and will be as of the Closing 3in Escrow Date and the Closing Date issued and outstanding. All issued and outstanding shares of the capital stock of the Corporation have been duly authorized and validly issued, are fully paid and non-assessable, and were issued in compliance with all federal and applicable state securities laws.

Appears in 1 contract

Sources: Shareholder Agreement (Dispatch Management Services Corp)

Capital Structure, Due Authorization and Issuance. The capital structure of the Corporation consists solely of ___ 100,000 shares of ___ $1.00 par value capital stock of which ____ 150 shares are and will be as of the Closing in Escrow Date and the Closing Date issued and outstanding. All issued and outstanding shares of the capital stock of the Corporation have been duly authorized and validly issued, are fully paid and non-assessable, and were issued in compliance with all federal and applicable state securities laws.

Appears in 1 contract

Sources: Shareholder Agreement (Dispatch Management Services Corp)

Capital Structure, Due Authorization and Issuance. The capital structure of the Corporation consists solely of ___ 100 shares of ___ no par value capital stock of which ____ 100 shares are and will be as of the Closing in Escrow Date and the Closing Date issued and outstanding. All issued and outstanding shares of the capital stock of the Corporation have been duly authorized and validly issued, are fully paid and non-assessable, and were issued in compliance with all federal and applicable state securities laws.

Appears in 1 contract

Sources: Shareholder Agreement (Dispatch Management Services Corp)

Capital Structure, Due Authorization and Issuance. The capital structure of the Corporation consists solely of ___ 50,000 shares of ___ $1.00 par value capital stock of which ____ 500 shares are and will be as of the Closing in Escrow Date and the Closing Date issued and outstanding. All issued and outstanding shares of the capital stock of the Corporation have been duly authorized and validly issued, are fully paid and non-assessable, and were issued in compliance with all federal and applicable state securities laws.

Appears in 1 contract

Sources: Shareholder Agreement (Dispatch Management Services Corp)

Capital Structure, Due Authorization and Issuance. The capital structure of the Corporation consists solely of ___ 100,000 shares of ___ .01 par value capital stock of which ____ 5,925.5 shares are and will be as of the Closing in Escrow Date and the Closing Date issued and outstanding. All issued and outstanding shares of the capital stock of the Corporation have been duly authorized and validly issued, are fully paid and non-assessable, and were issued in compliance with all federal and applicable state securities laws.

Appears in 1 contract

Sources: Shareholder Agreement (Dispatch Management Services Corp)

Capital Structure, Due Authorization and Issuance. The capital structure of the Corporation consists solely of ___ 15,000 shares of ___ no par value capital stock of which ____ 100 shares are and will be as of the Closing in Escrow Date and the Closing Date issued and outstanding. All issued and outstanding shares of the capital stock of the Corporation have been duly authorized and validly issued, are fully paid and non-assessable, and were issued in compliance with all federal and applicable state securities laws.

Appears in 1 contract

Sources: Shareholder Agreement (Dispatch Management Services Corp)

Capital Structure, Due Authorization and Issuance. The capital structure of the Corporation consists solely of ___ 20,000 shares of ___ $10.00 par value capital stock of which ____ 20,000 shares are and will be as of the Closing in Escrow Date and the Closing Date issued and outstanding. All issued and outstanding shares of the capital stock of the Corporation have been duly authorized and validly issued, are fully paid and non-assessable, and were issued in compliance with all federal and applicable state securities laws.

Appears in 1 contract

Sources: Shareholder Agreement (Dispatch Management Services Corp)