Common use of Share security Clause in Contracts

Share security. (a) Amend Clause 19.21(b) (Share security) to insert “within 60 days of the date that such shares are issued” immediately after “pursuant to the terms of a Security Document”. (b) Amend Clause 19.21(c) (Share security) to insert “provided that the Facility Agent (acting in its sole discretion) may elect to waive the requirements of this Clause 19.21(c) (Share security) if UPC Broadband gives an undertaking in a form reasonably satisfactory to it that such requirements will be satisfied within 60 days of the date that such shares are issued” immediately after “may reasonably require”. (c) Xxxxx Xxxxxx 19.21(f) (Share security) to delete “upon issue” and insert “within 60 days of the date that such shares are issued” immediately after “in favour of the Beneficiaries”.

Appears in 9 contracts

Samples: Additional Facility Agreement (Sunrise Communications AG), Additional Facility Ax Accession Agreement (Sunrise Communications AG), Additional Facility Ay Accession Agreement (Sunrise Communications AG)

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