Cayman Share Charges definition

Cayman Share Charges means (i) the Cayman Islands law-governed equitable charge over shares granted by Bristow Holdings Company Ltd. over all of the issued and outstanding shares in the Co-Borrower in favour of the Administrative Agent, for the ratable benefit of the Secured Parties dated the Effective Date; and (ii) the Cayman Islands law-governed equitable charge over shares granted by BriLog over all of the issued and outstanding shares in BriLog SPV, BGI International Ltd. and Bristow International Leasing Limited in favor of the Administrative Agent, for the ratable benefit of the Secured Parties dated the Effective Date. For the purpose of providing the required consent to the granting of a first ranking security interest over the shares in BriLog SPV, the Administrative Agent is, by the entry into this Agreement, deemed to have provided such consent.
Cayman Share Charges means the Cayman Islands law-governed equitable charge over shares granted by Xxxxxxx Holdings Company Ltd. over all of the issued and outstanding shares in the Co-Borrower in favour of the Administrative Agent, for the ratable benefit of the Secured Parties and the Cayman Islands law-governed equitable charge over shares granted by BriLog Leasing Ltd. over all of the issued and outstanding shares in BriLog SPV in favour of the Administrative Agent, for the ratable benefit of the Secured Parties.
Cayman Share Charges means (i) the Cayman Islands law-governed equitable charge over shares granted by Xxxxxxx Holdings Company Ltd. over all of the issued and outstanding shares in the Co-Borrower in favour of the Administrative Agent, for the ratable benefit of the Secured Parties dated the Effective Date; and (ii) the Cayman Islands law-governed equitable charge over shares granted by BriLog over all of the issued and outstanding shares in BriLog SPV, BGI International Ltd. and Xxxxxxx International Leasing Limited in favor of the Administrative Agent, for the ratable benefit of the Secured Parties dated the Effective Date. For the purpose of providing the required consent to the granting of a first ranking security interest over the shares in BriLog SPV, the Administrative Agent is, by the entry into this Agreement, deemed to have provided such consent.

More Definitions of Cayman Share Charges

Cayman Share Charges means (i ) the Cayman Islands law-governed equitable charge over shares granted by Xxxxxxx Holdings Company Ltd. over all of the issued and outstanding shares in the Co-Borrower in favour of the Administrative Agent, for the ratable benefit of the Secured Parties; and (ii) the Cayman Islands law-governed equitable charge over shares granted by BriLog Leasing Ltd. over all of the issued and outstanding shares in BriLog SPV in favour, BGI International Ltd. and Xxxxxxx International Leasing Limited in favor of the Administrative Agent, for the ratable benefit of the Secured Parties.

Related to Cayman Share Charges

  • Share Charge shall have the meaning provided in Section 5.06.

  • Per Share Consideration means (i) if the consideration paid to holders of the Common Stock consists exclusively of cash, the amount of such cash per share of Common Stock, and (ii) in all other cases, the volume weighted average price of the Common Stock as reported during the ten (10) trading day period ending on the trading day prior to the effective date of the applicable event. If any reclassification or reorganization also results in a change in shares of Common Stock covered by subsection 4.1.1, then such adjustment shall be made pursuant to subsection 4.1.1 or Sections 4.2, 4.3 and this Section 4.4. The provisions of this Section 4.4 shall similarly apply to successive reclassifications, reorganizations, mergers or consolidations, sales or other transfers. In no event will the Warrant Price be reduced to less than the par value per share issuable upon exercise of the Warrant.

  • Share Consideration has the meaning given to it in Section 2.2;

  • Relevant Share Capital means the relevant share capital of the Company (as that expression is defined in Section 1047 of the 2014 Act);

  • Per Share Cash Consideration has the meaning set forth in Section 3.01(a)(ii).

  • Per Share Cash Amount for purposes of this Section 2(b) means an amount equal to the sum of (I) the average of the closing price of the Common Stock for the 20 trading days immediately preceding the date of the Change in Control and (II) any cash dividend payable on a share of Common Stock during the 20 trading-day period described in the foregoing.

  • Hire Charges means the rates and charges payable by You for the hire of the Equipment.

  • Exchangeable Share Consideration has the meaning provided in the Exchangeable Share Provisions.

  • Equity Share Capital means the total issued and paid-up equity share capital of the Company, calculated on a Fully Diluted Basis.

  • Share Company means the Share Company specified in the Table.

  • Share Certificate means a certificate evidencing ownership of shares of Common Stock.

  • Ordinary Share Capital means any issued and outstanding shares of the Company with voting or other rights of management and control and any outstanding securities of the Company that are convertible into such shares at the option of the holder;

  • Holdco Shares means the ordinary shares of HoldCo with a par value of US$0.0001 per share.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Subco Shares means the common shares in the capital of Subco;

  • Ordinary Shareholder means a holder of ordinary shares;

  • Per Share Merger Consideration has the meaning set forth in Section 3.1(a).

  • Hire Charge or “Hire Charges” means the rates and charges payable by You for the hire of the Equipment.

  • ASA Shares has the meaning set forth in 2.4(a).

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Shares Pledge means the first priority pledge of the shares of and in each Borrower to be executed by the Shareholder in favour of the Security Trustee in such form as the Agent and the Majority Lenders may require in their sole discretion and in the plural means both of them;

  • Acquisition Shares means each class of shares of beneficial interest of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • Consideration Shares has the meaning ascribed thereto in Section 2.2.

  • Scheme Consideration means, in respect of:

  • Parent Share Price means the average of the volume weighted averages of the trading prices of Parent Common Shares on NYSE (as reported by Bloomberg L.P. or, if not reported therein, in another authoritative source mutually selected by Parent and the Company in good faith) on each of the 20 consecutive trading days ending on (and including) the trading day that is two trading days prior to the Closing Date.