By EDBI. EDBI further represents and warrants to and for the benefit of the Agent and each of the Banks that EDBI is, on the date of this Agreement, the legal and beneficial owner of not less than 19 per cent. of the issued share capital of the Borrower.
Appears in 4 contracts
Samples: Shareholders Undertaking (Chartered Semiconductor Manufacturing LTD), Loan Agreement (Chartered Semiconductor Manufacturing LTD), Shareholders Undertaking (Chartered Semiconductor Manufacturing LTD)
By EDBI. EDBI further represents and warrants to and for the benefit of the Agent Security Trustee and each of the Banks Secured Parties that EDBI is, on the date of this Agreement, the legal and beneficial owner of not less than 19 per cent. of the issued share capital of the Borrower.
Appears in 2 contracts
Samples: Loan Agreement (Chartered Semiconductor Manufacturing LTD), Shareholders Undertaking (Chartered Semiconductor Manufacturing LTD)