Common use of Capitalisation Clause in Contracts

Capitalisation. As of the Closing Date, the authorised capital stock of: 20.12.1 the Original Borrower consists of 500,000,000 shares, par value $0.0020 per share; 20.12.2 the Original Guarantor consists of 571,428,571.4 shares, par value $0.175 per share.

Appears in 2 contracts

Sources: Amendment and Restatement Agreement (Validus Holdings LTD), Amendment and Restatement Agreement (Validus Holdings LTD)

Capitalisation. As of the Closing Date, the authorised capital stock of: 20.12.1 the Original Borrower consists of 500,000,000 shares, par value $0.0020 per share; 20.12.2 the Original Guarantor consists of 571,428,571.4 shares, par value $0.175 per share.

Appears in 1 contract

Sources: Amendment and Restatement Agreement (Validus Holdings LTD)