Common use of Capitalization of the Borrower Clause in Contracts

Capitalization of the Borrower. As of the date of this Agreement, the authorized capital stock of the Borrower consists of 529,295 shares of common stock, par value $0.01 per share, of which 273,742 shares are issued and outstanding. All such outstanding shares of Stock are fully paid and nonassessable.

Appears in 3 contracts

Sources: Credit Agreement (Schein Pharmaceutical Inc), Credit Agreement (Danbury Pharmacal Puerto Rico Inc), Credit Agreement (Schein Pharmaceutical Inc)

Capitalization of the Borrower. As of the date of this Agreement, the authorized capital stock of the Borrower consists of 529,295 shares of common stock, par value $0.01 per share, of which 273,742 shares are issued and outstanding. All such outstanding shares of Stock stock are fully paid and nonassessable.

Appears in 2 contracts

Sources: Senior Subordinated Loan Agreement (Schein Pharmaceutical Inc), Senior Subordinated Loan Agreement (Danbury Pharmacal Puerto Rico Inc)