Examples of Borrower Share Charge in a sentence
Notwithstanding anything to the contrary herein, the Guaranteed Obligations of the Holdco shall be full-recourse to the Holdco but limited to the amounts received by the Finance Parties in connection with any exercise of the rights of the Finance Parties under the Borrower Share Charge, provided the foregoing shall not in any way limit the ability of the Finance Parties to make a claim against the Holdco for the full amount of the Guaranteed Obligations.
Liberia’s current account deficit narrowed to 21.1% in 2019 from 23.4% of GDP in 2018.
A copy of this Agreement, the Proceeds Deed, the Fee Letters, the Agreed Form Document Side Letter, the Master Hedging Agreements, the Hedging Strategy Letter, the Master Servicing Agreement, the Borrower Share Charge, the Borrower Security Agreement (in the Agreed Form), the Borrower Account Pledge (in the Agreed Form), and the Borrower Account Control Agreement (in the Agreed Form) (the “Signing Documents”), each duly executed by the relevant parties thereto (other than the Finance Parties).
The Administrative Agent (or its counsel) shall have received from each party thereto executed counterparts of the Borrower Share Charge and the Fly Malta Share Pledge signed on behalf of each such party and all documents (including share transfer forms executed in blank and share certificates) required to be delivered thereunder.
As security to the Borrower’s obligations under the Facility Agreement and other finance documents designated as such under the Facility Agreement, (i) the Borrower Share Charge shall be executed prior to utilisation of the Facility and (ii) the Target Company Share Charge shall be executed and delivered to the Lender within 15 days of the Utilisation Date.