Common use of Post-Closing Capitalization Clause in Contracts

Post-Closing Capitalization. At, and immediately after, the Closing, the authorized capitalization, and the number of issued and outstanding shares of the capital stock of the Company and Russoil, on a fully-diluted basis, as indicated on a schedule to be delivered by the Parties at or prior to the Closing, shall be acceptable to Russoil in its sole and absolute discretion.

Appears in 2 contracts

Sources: Share Exchange Agreement (RussOil CORP), Share Exchange Agreement (RussOil CORP)

Post-Closing Capitalization. At, and immediately after, the Closing, the authorized capitalization, and the number of issued and outstanding shares of the capital stock of the Company and Russoil, on a fully-diluted basis, as indicated on a schedule to be delivered by the Parties at or prior to the Closing, shall be acceptable to Russoil the Gorstovoe Holder and the Company in its their sole and absolute discretion.

Appears in 1 contract

Sources: Share Exchange Agreement (RussOil CORP)

Post-Closing Capitalization. At, and immediately after, the Closing, the authorized capitalization, and the number of issued and outstanding shares of the capital stock of the Company and Russoil, on a fully-diluted basis, as indicated on a schedule to be delivered by the Parties at or prior to the Closing, shall be acceptable to Russoil the Stockholders in its their sole and absolute discretion.

Appears in 1 contract

Sources: Share Exchange Agreement (RussOil CORP)