Share Pledge Sample Clauses

Share Pledge. As security for the performance in full of the obligations of Party B under this Agreement, Party B hereby pledges to Party A, and creates in favor of Party A or the Designee (as appropriate), a first priority security interest in all of the rights, title and interest in and to:
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Share Pledge. (a) Following the occurrence of an Event of Default, upon Lender’s request, Borrower shall promptly execute and deliver to Lender pledges of at least sixty-five percent (65%) of its equity interest in each Foreign Subsidiary, along with certificates for the pledged shares, blank stock powers, and such other instruments or documentation reasonably requested by Lender in order to take and perfect a security interest in such equity interests, all in form and substance reasonably acceptable to Lender. Borrower shall at all such times ensure that such pledged stock is not less than sixty-five percent (65%) of its equity interest in each such Subsidiary and shall promptly pledge to Lender any additional shares as are from time to time required to keep the percentage of shares pledged at sixty-five percent (65%).
Share Pledge. 1.1 It is agreed upon by the Parties hereto that, the Pledgor shall pledge all the shares (the “Pledged Shares”) held by it in the Company to the Pledgee according to the stipulations hereof as the guaranty for the Pledgor and/or the Company to perform the various obligations under the Cooperation Agreement. In case of the Company or the Pledgor’s failure to perform obligations as stipulated in the Cooperation Agreement, the Pledgee enjoys the right (the “Pledge”) to keep the said Pledged Shares to offset the debt or have priority in satisfying its claim out of proceeds from the auction or sale of the said Pledged Shares in accordance with law. The effect of the Pledge extends to the bonuses fruited by the Pledged Shares.
Share Pledge. As security for the payment of the Buyer Earnout Payment, Buyer agrees to pledge a total of 5,795,057 shares of Common Stock (the “Pledged Shares”) to the Sellers’ Representative at and concurrently with the Closing upon the terms and subject to the conditions of a Stock Pledge Agreement in a form mutually agreeable to Buyer and Sellers’ Representative (the “Stock Pledge Agreement”). In respect of each Initial Earnout Year, Sellers shall irrevocably release or cause the irrevocable release of 25% of the Pledge Shares immediately upon (i) if any Buyer Earnout Payment for such Initial Earnout Year is payable pursuant to this Exhibit A, receipt by the Sellers’ Representative of such Buyer Earnout Payment; and (ii) otherwise, determination of the amount of the applicable Net Profit for such Initial Earnout Year pursuant to Section 5.
Share Pledge. (Alvotech Germany GmbH); and
Share Pledge. (Alvotech Swiss AG);
Share Pledge. (Scotland) dated 16 March 2001granted by Telewest Limited in favour of CIBC World Markets PLC as security trustee.
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Share Pledge. (a) On the Closing Date, Sellers and Buyer shall enter into a share pledge agreement substantially in the form of Exhibit B (the “Share Pledge Agreement”), which shall have Sellers as the pledgees, establishing pledge over all of the Shares delivered to Buyer on the Closing Date.
Share Pledge. 1.1出质人在此无条件地、不可撤销地将其拥有的全部公司股份及公司股份所附带及产生的一切权利、利益、红利及其他所有孳息(以下简称“
Share Pledge. 2.1 As a guarantee for the full and complete performance of the obligations under the Services Agreement, Party B hereby pledges to Party A and creates in favor of Party A first priority security rights and interest (“Security Rights”) in and to the Shares.
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