Common use of OWNERSHIP OF THE PARENT Clause in Contracts

OWNERSHIP OF THE PARENT. The equity interests in the Parent are duly authorized, validly issued and fully paid and nonassessable and, as of the Closing Date, none of such equity interests constitutes Margin Stock.

Appears in 2 contracts

Sources: Credit Agreement (Fibernet Telecom Group Inc\), Credit Agreement (Fibernet Telecom Group Inc\)