Common use of Sole Shareholder Clause in Contracts

Sole Shareholder. As of the date hereof, CSRG constitutes the sole holder, beneficially and of record, of all of the issued and outstanding shares of capital stock of TecEnergy (all of which such shares comprise the TecEnergy Shares), and CSRG owns such shares free and clear of all Liens, restrictions and claims of any kind. On the Closing Date, CSRG will deliver to BTSL good and marketable title to the TecEnergy Shares, free and clear of all Liens, restrictions and claims of any kind. As of the date hereof, TecEnergy constitutes the sole holder of all of the issued and outstanding shares of capital stock of each Subsidiary, and TecEnergy owns such shares free and clear of all Liens, restrictions and claims of any kind.