Examples of Borrower Shares in a sentence
The Borrower shall pay all transfer and similar taxes and other governmental charges attributable to any issuance of any Borrower Shares hereunder.
All Borrower Shares, Subsidiary Shares, Partnership Interests and LLC Interests have been validly issued, and all Borrower Shares and all Subsidiary Shares are fully paid and nonassessable.
Except as set forth on Schedule 6.2, all Borrower Shares, Subsidiary Shares, Partnership Interests and LLC Interests have been validly issued, and all Borrower Shares, all Partnership Interests, all LLC Interests and all Subsidiary Shares are fully paid and nonassessable.
Upon the exercise of the Conversion Right by the Lender, the respective Conversion Amount shall be deemed to become immediately due and payable and upon delivery of the relevant number of Borrower Shares, the respective Conversion Amount shall be deemed to be settled.
THE COMPANY AND THE PLACEMENT AGENT UNDERSTAND THAT THE ESCROW AGENT, BY ACCEPTING THE APPOINMTMENT AND DESIGNATION AS ESCROW AGENT WITH RESPECT TO THE PUBLIC OFFERING, IN NO WAY ENDORSES THE MERITS OF THE PUBLIC OFFERING OF THE SHARES.