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 an authorized share capital of one million shares of (pounds)1 par value Ordinary Shares, of which 75,000 are issued and outstanding, and will consist solely of the foregoing as of the Closing in Escrow Date and the Closing Date. All issued and outstanding Stock has been duly authorized and validly issued, are fully paid and non-assessable, and were issued in compliance with all applicable 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 an authorized share capital of one million 1,000 shares of (pounds)1 $1.00 par value Ordinary Shares, capital stock of which 75,000 1,000 shares are issued and outstanding, and will consist solely of the foregoing be as of the Closing in Escrow Date and the Closing DateDate issued and outstanding. All issued and outstanding Stock has 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 an authorized share capital of one million 10,000 shares of (pounds)1 $10.00 par value Ordinary Shares, capital stock of which 75,000 10,000 shares are issued and outstanding, and will consist solely of the foregoing be as of the Closing in Escrow Date and the Closing DateDate issued and outstanding. All issued and outstanding Stock has 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 an authorized share capital of one million 1,000,000 shares of (pounds)1 $.10 par value Ordinary Shares, capital stock of which 75,000 10,000 shares are issued and outstanding, and will consist solely of the foregoing be as of the Closing in Escrow Date and the Closing DateDate issued and outstanding. All issued and outstanding Stock has 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 an authorized share capital of one million 200 shares of (pounds)1 no par value Ordinary Shares, capital stock of which 75,000 120 shares are issued and outstanding, and will consist solely of the foregoing be as of the Closing in Escrow Date and the Closing DateDate issued and outstanding. All issued and outstanding Stock has 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 an authorized share capital of one million 200 shares of (pounds)1 no par value Ordinary Shares, capital stock of which 75,000 66.66 shares are issued and outstanding, and will consist solely of the foregoing be as of the Closing in Escrow Date and the Closing DateDate issued and outstanding. All issued and outstanding Stock has 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 an authorized share capital of one million 500,000 shares of (pounds)1 $.05 par value Ordinary Shares, capital stock of which 75,000 256,857 shares are issued and outstanding, and will consist solely of the foregoing be as of the Closing in Escrow Date and the Closing DateDate issued and outstanding. All issued and outstanding Stock has 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 an authorized share capital of one million 100,000 shares of (pounds)1 $.01 par value Ordinary Shares, capital stock of which 75,000 50,000 shares are issued and outstanding, and will consist solely of the foregoing be as of the Closing in Escrow Date and the Closing DateDate issued and outstanding. All issued and outstanding Stock has 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 an authorized share capital of one million 15,000 shares of (pounds)1 $.01 par value Ordinary Shares, capital stock of which 75,000 9,100 shares are issued and outstanding, and will consist solely of the foregoing be as of the Closing in Escrow Date and the Closing DateDate issued and outstanding. All issued and outstanding Stock has 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 authorized capital structure stock of the Corporation consists solely of an authorized share capital of one million 1,000 shares of (pounds)1 common stock, par value Ordinary Shares$1.00 per share, of which 75,000 500 shares are issued and outstanding, and will consist solely of the foregoing be as of the Closing in Escrow Date and the Closing DateDate issued and outstanding. All issued and outstanding Stock has 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 an authorized share capital of one million 100,000 shares of (pounds)1 no par value Ordinary Shares, capital stock of which 75,000 1,800 shares are issued and outstanding, and will consist solely of the foregoing be as of the Closing in Escrow Date and the Closing DateDate issued and outstanding. All issued and outstanding Stock has 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 an authorized share capital of one million 220 shares of (pounds)1 no par value Ordinary Shares, capital stock of which 75,000 220 shares are issued and outstanding, and will consist solely of the foregoing be as of the Closing in Escrow Date and the Closing DateDate issued and outstanding. All issued and outstanding Stock has 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 an authorized share capital of one million 200 shares of (pounds)1 no par value Ordinary Shares, capital stock of which 75,000 20 shares are issued and outstanding, and will consist solely of the foregoing be as of the Closing in Escrow Date and the Closing DateDate issued and outstanding. All issued and outstanding Stock has 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)