Common use of Lien on Shares Clause in Contracts

Lien on Shares. 13.1 The Company shall have a first and paramount lien on all Shares (whether fully paid-up or not) registered in the name of a Member (whether solely or jointly with others) for all debts, liabilities or engagements to or with the Company (whether presently payable or not) by such Member or his estate, either alone or jointly with any other person, whether a Member or not, but the Directors may at any time declare any Share to be wholly or in part exempt from the provisions of this Article. The registration of a transfer of any such Share shall operate as a waiver of the Company’s lien thereon. The Company’s lien on a Share shall also extend to any amount payable in respect of that Share.

Appears in 5 contracts

Samples: Business Combination Agreement (RMG Acquisition Corp. II), Business Combination Agreement (Netfin Acquisition Corp.), Business Combination Agreement (Queen's Gambit Growth Capital)

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Lien on Shares. 13.1 19. The Company shall have a first and paramount lien and charge on all Shares shares (whether fully paid-up or not) registered in the name of a Member (whether solely or jointly with others) for all debts, liabilities or engagements to or with the Company (whether presently payable or not) by such Member or his estate, either alone or jointly with any other person, whether a Member or not, but the Directors may at any time declare any Share share to be wholly or in part exempt from the provisions of this Article. The registration of a transfer Transfer of any such Share share shall operate as a waiver of the Company’s lien (if any) thereon. The Company’s lien (if any) on a Share share shall also extend to any amount all dividends or other monies payable in respect of that Sharethereof.

Appears in 5 contracts

Samples: Shareholders’ Agreement (MIE Holdings Corp), Shareholders’ Agreement (MIE Holdings Corp), Shareholders’ Agreement (MIE Holdings Corp)

Lien on Shares. 13.1 15.1 The Company shall have a first and paramount lien on all Shares (whether fully paid-up or not) registered in the name of a Member (whether solely or jointly with others) for all debts, liabilities or engagements to or with the Company (whether presently payable or not) by such Member or his estate, either alone or jointly with any other person, whether a Member or not, but the Directors may at any time declare any Share to be wholly or in part exempt from the provisions of this Article. The registration of a transfer of any such Share shall operate as a waiver of the Company’s 's lien thereon. The Company’s 's lien on a Share shall also extend to any amount payable in respect of that Share.

Appears in 3 contracts

Samples: Investment Agreement (FGL Holdings), V Business Combination Agreement (Boulevard Acquisition Corp. Ii), Business Combination Agreement (Terrapin 3 Acquisition Corp)

Lien on Shares. 13.1 The Company shall have a first and paramount lien on all Shares (whether fully paid-up or not) registered in the name of a Member (whether solely or jointly with others) for all debts, liabilities or engagements to or with the Company (whether presently payable or not) by such Member or his their estate, either alone or jointly with any other person, whether a Member or not, but the Directors may at any time declare any Share to be wholly or in part exempt from the provisions of this Article. The registration of a transfer of any such Share shall operate as a waiver of the Company’s lien thereon. The Company’s lien on a Share shall also extend to any amount payable in respect of that Share.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (GLORY STAR NEW MEDIA GROUP HOLDINGS LTD), Agreement and Plan of Merger (Pacifico Acquisition Corp.)

Lien on Shares. 13.1 12.1 The Company shall have a first and paramount lien on all Shares (whether fully paid-up or not) registered in the name of a Member (whether solely or jointly with others) for all debts, liabilities or engagements to or with the Company (whether presently payable or not) by such Member or his his, her or its estate, either alone or jointly with any other person, whether a Member or not, but the Directors may at any time declare any Share to be wholly or in part exempt from the provisions of this Article. The registration of a transfer of any such Share shall operate as a waiver of the Company’s lien thereon. The Company’s lien on a Share shall also extend to any amount payable in respect of that Share.

Appears in 1 contract

Samples: Business Combination Agreement (Queen's Gambit Growth Capital)

Lien on Shares. 13.1 The Company shall have a first and paramount lien on all Shares (whether fully paid-up or not) registered in the name of a Member (whether solely or jointly with others) for all debts, liabilities or engagements to or with the Company (whether presently payable or not) by such Member or his estate, either alone or jointly with any other person, whether a Member or not, but the Directors may at any time declare any Share to be wholly or in part exempt from the provisions of this ArticleArticle 13.1. The registration of a transfer of any such Share shall operate as a waiver of the Company’s lien thereon. The Company’s lien on a Share shall also extend to any amount payable in respect of that Share.

Appears in 1 contract

Samples: Share Purchase Agreement (Momo Inc.)

Lien on Shares. 13.1 16. The Company shall have a first and paramount lien and charge on all Shares shares (whether fully paid-up or not) registered in the name of a Member (whether solely or jointly with others) for all debts, liabilities or engagements to or with the Company (whether presently payable or not) by such Member or his estate, either alone or jointly with any other person, whether a Member or not, but the Directors may at any time declare any Share share to be wholly or in part exempt from the provisions of this Article. The registration of a transfer of any such Share share shall operate as a waiver of the Company’s lien (if any) thereon. The Company’s lien (if any) on a Share share shall also extend to any amount all dividends or other monies payable in respect of that Sharethereof.

Appears in 1 contract

Samples: Share Purchase Agreement (China Mobile Games & Entertainment Group LTD)

Lien on Shares. 13.1 The Company shall have a first and paramount lien on all Shares (whether fully paid-up or not) registered in the name of a Member (whether solely or jointly with others) for all debts, liabilities or engagements to or with the Company (whether presently payable or not) by such Member or his estate, either alone or jointly with any other person, whether a Member or not, but the Directors may at any time declare any Share to be wholly or in part exempt from the provisions of this Article. The registration of a transfer of any such Share shall operate as a waiver of the Company’s 's lien thereon. The Company’s 's lien on a Share shall also extend to any amount payable in respect of that Share.

Appears in 1 contract

Samples: Business Combination Agreement (Magnum Opus Acquisition LTD)

Lien on Shares. 13.1 15.1 The Company shall have a first and paramount lien on all Shares (whether fully paid-up or not) registered in the name of a Member (whether solely or jointly with others) for all debts, liabilities or engagements to or with the Company (whether presently payable or not) by such Member or his their estate, either alone or jointly with any other person, whether a Member or not, but the Directors may at any time declare any Share to be wholly or in part exempt from the provisions of this Article. The registration of a transfer of any such Share shall operate as a waiver of the Company’s lien thereon. The Company’s lien on a Share shall also extend to any amount payable in respect of that Share.

Appears in 1 contract

Samples: Business Combination Agreement (Namib Minerals)

Lien on Shares. 13.1 14.1 The Company shall have a first and paramount lien on all Shares (whether fully paid-up or not) registered in the name of a Member (whether solely or jointly with others) for all debts, liabilities or engagements to or with the Company (whether presently payable or not) by such Member or his estate, either alone or jointly with any other person, whether a Member or not, but the Directors Board may at any time declare any Share to be wholly or in part exempt from the provisions of this Article. The registration of a transfer of any such Share shall operate as a waiver of the Company’s lien thereon. The Company’s lien on a Share shall also extend to any amount payable in respect of that Share.

Appears in 1 contract

Samples: Business Combination Agreement and Plan of Reorganization (First Reserve Sustainable Growth Corp.)

Lien on Shares. 13.1 14.1 The Company shall have a first and paramount lien on all Shares (whether fully paid-up or not) registered in the name of a Member (whether solely or jointly with others) for all debts, liabilities or engagements to or with the Company (whether presently payable or not) by such Member or his their estate, either alone or jointly with any other person, whether a Member or not, but the Directors may at any time declare any Share to be wholly or in part exempt from the provisions of this Article. The registration of a transfer of any such Share shall operate as a waiver of the Company’s lien thereon. The Company’s lien on a Share shall also extend to any amount payable in respect of that Share.

Appears in 1 contract

Samples: Series a Preferred Share Subscription Agreement (GDS Holdings LTD)

Lien on Shares. 13.1 The Company shall have a first and paramount lien on all Shares (whether fully paid-up or not) registered in the name of a Member (whether solely or jointly with others) for all debts, liabilities or engagements to or with the Company (whether presently payable or not) by such Member or his estate, either alone or jointly with any other personPerson, whether a Member or not, but the Directors may at any time declare any Share to be wholly or in part exempt from the provisions of this Article. The registration of a transfer of any such Share shall operate as a waiver of the Company’s 's lien thereon. The Company’s 's lien on a Share shall also extend to any amount payable in respect of that Share.

Appears in 1 contract

Samples: Business Combination Agreement (TradeUP Global Corp)

Lien on Shares. 13.1 14.1 The Company shall have a first and paramount lien on all Shares (whether fully paid-up or not) registered in the name of a Member (whether solely or jointly with others) for all debts, liabilities or engagements to or with the Company (whether presently payable or not) by such Member or his estate, either alone or jointly with any other person, whether a Member or not, but the Directors may at any time declare any Share to be wholly or in part exempt from the provisions of this Article. The registration of a transfer of any such Share shall operate as a waiver of the Company’s lien thereon. The Company’s lien on a Share shall also extend to any amount payable in respect of that Share.

Appears in 1 contract

Samples: Investment Agreement (Vertical Aerospace Ltd.)

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Lien on Shares. 13.1 14.1 The Company shall have a first and paramount lien on all Shares (whether fully paid-up or not) registered in the name of a Member (whether solely or jointly with others) for all debts, liabilities or engagements to or with the Company (whether presently payable or not) by such Member or his estate, either alone or jointly with any other person, whether a Member or not, but the Directors may at any time declare any Share to be wholly or in part exempt from the provisions of this Article. The registration of a transfer of any such Share shall operate as a waiver of the Company’s 's lien thereon. The Company’s 's lien on a Share shall also extend to any amount payable in respect of that Share.

Appears in 1 contract

Samples: Business Combination Agreement (StoneBridge Acquisition Corp.)

Lien on Shares. 13.1 12.1 The Company shall have a first and paramount lien on all Shares (whether fully paid-up or not) registered in the name of a Member (whether solely or jointly with others) for all debts, liabilities or engagements to or with the Company (whether presently payable or not) by such Member or his estate, either alone or jointly with any other person, whether a Member or not, but the Directors may at any time declare any Share to be wholly or in part exempt from the provisions of this Article. The registration of a transfer of any such Share shall operate as a waiver of the Company’s lien thereon. The Company’s lien on a Share shall also extend to any amount payable in respect of that Share.

Appears in 1 contract

Samples: Merger Agreement and Plan of Reorganization (Hennessy Capital Acquisition Corp IV)

Lien on Shares. 13.1 18.1 The Company shall have a first and paramount lien on all Shares (whether fully paid-up or not) registered in the name of a Member (whether solely or jointly with others) for all debts, liabilities or engagements to or with the Company (whether presently payable or not) by such Member or his estate, either alone or jointly with any other person, whether a Member or not, but the Directors may at any time declare any Share to be wholly or in part exempt from the provisions of this Article. The registration of a transfer of any such Share shall operate as a waiver of the Company’s lien thereon. The Company’s lien on a Share shall also extend to any amount payable in respect of that Share.

Appears in 1 contract

Samples: Shareholders Agreement (Mecox Lane LTD)

Lien on Shares. 13.1 15.1. The Company shall have a first and paramount lien on all Shares (whether fully paid-up or not) registered in the name of a Member (whether solely or jointly with others) for all debts, liabilities or engagements to or with the Company (whether presently payable or not) by such Member or his estate, either alone or jointly with any other person, whether a Member or not, but the Directors may at any time declare any Share to be wholly or in part exempt from the provisions of this Article. The registration of a transfer of any such Share shall operate as a waiver of the Company’s lien thereon. The Company’s lien on a Share shall also extend to any amount payable in respect of that Share.

Appears in 1 contract

Samples: Registration Rights Agreement (Jaguar Global Growth Corp I)

Lien on Shares. 13.1 25 The Company shall have a first and paramount lien on all Shares (whether fully paid-up or not) registered in the name of a Member (whether solely or jointly with others) for all debts, liabilities or engagements to or with the Company (whether presently payable or not) by such Member or his estate, either alone or jointly with any other person, whether a Member or not, but the Directors may at any time declare any Share to be wholly or in part exempt from the provisions of this Article. The registration of a transfer of any such Share shall operate as a waiver of the Company’s lien thereon. The Company’s lien on a Share shall also extend to any amount payable in respect of that Share.

Appears in 1 contract

Samples: Shareholders Agreement (Qihoo 360 Technology Co LTD)

Lien on Shares. 13.1 17.1 The Company shall have a first and paramount lien on all Shares (whether fully paid-up or not) registered in the name of a Member (whether solely or jointly with others) for all debts, liabilities or engagements to or with the Company (whether presently payable or not) by such Member or his such Member’s estate, either alone or jointly with any other person, whether a Member or not, but the Directors Board may at any time declare any Share to be wholly or in part exempt from the provisions of this ArticleArticle 17. The registration of a transfer of any such Share shall operate as a waiver of the Company’s lien thereon. The Company’s lien on a Share shall also extend to any amount payable in respect of that Share.

Appears in 1 contract

Samples: Business Combination Agreement (Ajax I)

Lien on Shares. 13.1 10.1 The Company shall have a first and paramount lien and charge on all Shares shares (whether not being a fully paid-up or notpaid share) registered in the name of a Member (whether solely or jointly with others) for all debts, liabilities or engagements to or with the Company (whether presently payable or not) by such Member or his estate, either alone or jointly with any other person, whether a Member or not, but the Board of Directors may at any time declare any Share share to be wholly or in part exempt from the provisions of this Article. Article X. The registration of a transfer of any such Share share shall operate as a waiver of the Company’s 's lien (if any) thereon. The Company’s 's lien (if any) on a Share share shall also extend to any amount all dividends, redemptions or other monies payable in respect of that Sharethereof.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Exchange Agreement (Petroleum Geo Services Asa)

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