Joint and Several Representations and Warranties. The Members jointly ------------------------------------------------ and severally represent and warrant to CenterPoint that the authorized capital stock of the Company consists of 50,000 shares of Class A Company Stock, of which 10,150 shares are issued and outstanding, and 50,000 shares of Class B Company Stock, of which zero (0) shares are issued and outstanding, all of which are validly issued and are fully paid, nonassessable and free of preemptive rights.
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Joint and Several Representations and Warranties. The Members jointly ------------------------------------------------ and severally represent and warrant to CenterPoint that the authorized capital stock of the Company consists of 50,000 10,000 shares of Class A Company Stock, of which 10,150 shares are issued and outstanding, and 50,000 shares of Class B Company Stock, of which zero (0) 2,900 shares are issued and outstanding, all of which are validly issued and are fully paid, nonassessable and free of preemptive rights.
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Joint and Several Representations and Warranties. The Members jointly ------------------------------------------------ and severally represent and warrant to CenterPoint that the authorized capital stock of the Company consists of 50,000 10,000 shares of Class A Company Stock, of which 10,150 the number of shares are issued and outstanding, and 50,000 shares of Class B Company Stock, of which zero (0) shares set forth on Schedule 4.4 are issued and outstanding, all of which are validly issued and are fully paid, nonassessable and free of preemptive rights.
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