Common use of Outstanding Interests Clause in Contracts

Outstanding Interests. The Capital Stock listed on Schedule 3 constitutes (i) 100% of the Capital Stock of all Domestic Subsidiaries and (ii) 65% of the Capital Stock of all Foreign Subsidiaries directly owned by any Pledgor.

Appears in 1 contract

Sources: Pledge and Security Agreement (Kendle International Inc)

Outstanding Interests. The Capital Stock listed on --------------------- Schedule 3 constitutes (i) 100% of the Capital Stock of all Domestic Subsidiaries and (ii) 65% of the Capital Stock of all Foreign Subsidiaries directly owned by any PledgorSubsidiaries.

Appears in 1 contract

Sources: Pledge and Security Agreement (Firearms Training Systems Inc)