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.
The number of Borrower Shares to be delivered upon Conversion shall be rounded down to the next full number.
There are no options, warrants or other rights outstanding to purchase any such Borrower Shares, except pursuant to the Company's 1994 Long Term Incentive Plan, 1997 Non-Employee Director Stock Option Plan and 1997 Executive Deferred Compensation Stock Option Plan.