Borrower Shares definition
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.
The offering of Borrower Shares, the Company Shares and the Portfolio Interests are exempt from registration under the Securities Act.
From the date of this Agreement for so long as any amount is outstanding under the Finance Documents, neither the Lender nor any of its Affiliates shall have any open short position in Borrower Shares, and the Lender agrees that it will not, and that it will cause its Affiliates not to, engage in any short sales with respect to the Borrower Shares.
The number of Borrower Shares to be delivered upon Conversion shall be rounded down to the next full number.