Examples of Initial Pledged Shares in a sentence
Schedule 2 correctly identifies, as at the date hereof, the respective Issuers of the Initial Pledged Shares and (in the case of any corporate Issuer) the respective class and par value of such Shares and the respective number of such Shares (and registered owner thereof) represented by each such certificate.
All of the Initial Pledged Shares have been, and to the extent any Pledged Shares are hereafter issued, such Pledged Shares will be, upon such issuance, duly authorized, validly issued and fully paid and non-assessable.
Borrower acquired the Collateral Shares and paid the full purchase price therefor no later than the Series A Closing Date, and the holding period (as determined in accordance with Rule 144) of Borrower and each Lender with respect to the Collateral Shares began no later than the issuance date of the Initial Pledged Shares.
The Initial Pledged Shares pledged by such Pledgor constitutes the percentage of the issued and outstanding Equity Interests of the Issuers thereof indicated on Schedule II hereto.
Borrower (or its Affiliate(s)) acquired the Collateral Shares and paid the full purchase price therefor no later than the Funding Date and the holding period (as determined in accordance with Rule 144) of Borrower as to the Collateral Shares began no later than the original issuance date of the Initial Pledged Shares.