Common use of Capitalization of the Purchaser Clause in Contracts

Capitalization of the Purchaser. Schedule 5.9 sets forth, with respect to the Purchaser, (i) Purchaser’s authorized capital, (ii) the number of Purchaser’s securities that are outstanding, and (iii) the number of securities convertible into or exercisable or exchangeable for the Purchaser’s securities. Except as set forth in the Exchange Act Filings, there is no Contract that requires or under any circumstance would require the Purchaser to issue, or grant any right to acquire, any securities of the Purchaser, or any security or instrument exercisable or exchangeable for or convertible into, the capital stock of the Purchaser or to merge, consolidate, dissolve, liquidate, restructure, or recapitalize the Purchaser.

Appears in 1 contract

Sources: Profit Interest Purchase Agreement (Asia Entertainment & Resources Ltd.)

Capitalization of the Purchaser. Schedule 5.9 4.9 sets forth, with respect to the Purchaser, (i) Purchaser’s authorized capital, (ii) the number of Purchaser’s securities that are outstanding, and (iii) the number of securities convertible into or exercisable or exchangeable for the Purchaser’s securities. Except as set forth in the Exchange Act Filings, there is no Contract that requires or under any circumstance would require the Purchaser to issue, or grant any right to acquire, any securities of the Purchaser, or any security or instrument exercisable or exchangeable for or convertible into, the capital stock of the Purchaser or to merge, consolidate, dissolve, liquidate, restructure, or recapitalize the Purchaser.

Appears in 1 contract

Sources: Profit Interest Purchase Agreement (Iao Kun Group Holding Co LTD)