Charged Shares. All its Charged Shares are duly authorised and validly issued, fully paid and non-assessable and it beneficially owns that percentage of the issued and outstanding shares of the relevant Charged Share Issuer(s) set forth in Schedule 3 (Charged Shares).
Charged Shares. 13 4.7 Covenants for title............................................... 14 4.8 Additions to this Debenture....................................... 14 4.9 Security Trustee not to give notice............................... 14 Table of Contents (continued) Clause Page
Charged Shares. (a) Subject to the terms of the Intercreditor Agreement each Company shall, on the date of this Debenture or as soon as reasonably practicable thereafter but in any event by 15 May 2001 and from time to time, deliver to the Security Trustee (or a nominee specified by the Security Trustee acting on its behalf), or procure the delivery to the Security Trustee (or such a nominee) of, and the Security Trustee (or such nominee) shall be entitled to hold and retain, all of the Charged Shares or the certificates or documents of title to or representing the same held or acquired by such Company or its nominee(s) together with:
Charged Shares. (a) The Chargor shall:
Charged Shares. (a) The Charged Shares charged by the Borrower hereunder constitute (i) 65 percent of the issued and outstanding shares of all classes of the Capital Stock of L-3 U.K. and (ii) all outstanding warrants, options or other rights to purchase, or other agreements outstanding with respect to, or property that is now or hereafter convertible into, or that requires the issuance or sale of, any Charged Shares and such Charged Shares have been validly charged to the Administrative Agent pursuant hereto.
Charged Shares. (a) Unless an Event of Default shall have occurred and be continuing and the Administrative Agent shall have given notice to the Borrower of the Administrative Agent's intent to exercise its corresponding rights pursuant to subsections 5.4 and/or 5.5, the Borrower shall be permitted to receive all cash dividends, principal and interest paid in respect of the Charged Shares paid in the normal course of business of the relevant Issuer and consistent with past practice, to the extent permitted in the Credit Agreements, and to exercise all voting and corporate rights with respect to the Charged Shares; provided, however, that no vote shall be cast or corporate right exercised or other action taken which, in the Administrative Agent's reasonable judgment, would materially impair the Collateral or which would result in any violation of any provision of the Credit Agreements, this Charge Over Shares or any other Credit Document.
Charged Shares. 5 SECTION 4. COVENANTS.................................................................6
Charged Shares. 9 5.2. Payments to be Turned Over To Administrative Agent....................10 5.3. Application of Dividends and Other Payments...........................10 5.4. Right to Enforce Security.............................................10 5.5. Right to Take Possession, Exercise Rights, etc........................11 5.6. Law of Property Xxx 0000 Not Applicable...............................11 5.7. No Liability of Administrative Agent..................................11 SECTION 6. THE ADMINISTRATIVE AGENT.................................................11
Charged Shares. (a) If the Borrower shall become entitled to receive or shall receive any instruments, stock certificates (including, without limitation, any certificate representing a stock dividend or a distribution in connection with any reclassification, increase or reduction of capital or any certificate issued in connection with any reorganization), options or rights in respect of the Capital Stock of any Issuer, whether in addition to, in substitution of, as a conversion of, or in exchange for, any of the Charged Shares, or as a dividend or distribution thereunder, or otherwise in respect thereof, and subject to the U.K.
Charged Shares. (a) The Charged Shares (if any):
