Charge of Shares definition

Charge of Shares means the deed of charge of shares, in the agreed terms, proposed to be executed on the Completion Date by SES Finance and Able Star; Class means any of the three classes of issued Shares in the Company (the ‘X’ Ordinary Shares, the ‘Y’ Ordinary Shares and the Special Shares) authorised after the adoption of the Memorandum and Articles by the Company pursuant to Clause 3.2.4 or, as the context requires, the holders of the Shares of the relevant class; Completion Date means the date on which the completion of the sales and purchases contemplated by the Share Sale and Purchase Agreement takes place; Code means the Hong Kong Code on Takeovers and Mergers (as amended from time to time);
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Charge of Shares means the charge granted or to be granted by the Company in respect of the shares of eircom and entered into in connection with the obligations of the Obligors under the Finance Documents.
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Charge of Shares means a charge on the Shares and the rights in respect thereof, including the rights, options, moneys and assets due or issued in lieu of the Shares or in respect or by virtue thereof, including bonus shares, Preferred rights, rights to securities of any class whatsoever in any corporation whatsoever or otherwise, and including all the dividends in cash or in specie given in respect thereof, and , and on the management fee payable to Nuco and/or the holders of the controlling interest therein by virtue of their being holders of the controlling interest therein, and on all the rights in Macpell and against other shareholders therein which the law and/or the memorandum and/or articles of association of Macpell and/or any agreement between the shareholders confer upon Nuco that they shall be chargeable as aforesaid by virtue of its holding of the shares.
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Examples of Charge of Shares in a sentence

  • Monksland hereby releases and discharges Betacure Holding absolutely and unconditionally from all of its obligations and liabilities of whatsoever nature (whether past, present or future and whether actual or contingent) under and pursuant to the Charge of Shares and for the avoidance of doubt Monksland hereby irrevocably disclaims and surrenders the power of attorney granted to it by Betacure Holding pursuant to Clause 10 of the Charge of Shares.

  • Reports shall be produced, in accord with the notice provisions hereof on an as needed basis to the extent deemed necessary by the Licensee and/or Licensor.

  • SCBHK’s case is that IPTL is in breach of its obligations under the Financing Agreements, putting VIP in breach of the Shareholder Support Deed and that, in breach of the covenant in the Charge of Shares, VIP has purported to transfer its shareholding to PAP.

  • The Trustee makes no representations or warranties as to nor assumes any responsibility for the correctness of the recitals contained in the Deed of Guarantee or the Charge of Shares, and the Trustee shall not be responsible or accountable in any way whatsoever for or with respect to the validity, execution or sufficiency of the Deed of Guarantee Accession Agreement, the Charge over Shares Accession Agreement, the Deed of Guarantee or the Charge over Shares and makes no representation with respect thereto.

  • This Agreement and the Mortgage and Charge of Shares constitute the entire agreement among the parties with respect to the subject matter hereof and supersedes all prior agreements relating to the subject matter hereof.

  • Deed of Charge of Shares 19 To: Partners For Growth V, L.P. (the “Lender”) Dear Sirs, BORQS HONG KONG LIMITED (the “Company”) We refer to the deed of charge of shares dated April __, 2018 (as may be amended from time to time, the “Share Charge”) by BORQS International Holding Corp and the Lender.

  • SIGNED, SEALED AND DELIVERED by [◆] ) ) ) ) ) Deed of Charge of Shares 20 To: The Board of Directors Dear Sirs, I, ________________________ [Name of Director], hereby tender my unconditional and irrevocable resignation as director of the Company effective as of today’s date.

  • A charge over the shares of Sunflower Aircraft Leasing Limited for the benefit of Sunrise Leasing Limited pursuant to a Charge of Shares in respect of Sunflower Aircraft Leasing Limited dated 26 July 2005 between AerCap Ireland Limited and Sunrise Leasing Limited.

  • VIP was a 30% shareholder of IPTL and had entered a Shareholder Support Deed and a Charge of Shares also dated 28 June 1997 and forming part of the same suite of Financing Agreements, under which VIP and its fellow 70% shareholder Mechmar Corporation (Malaysia) Berhad (“Mechmar”) undertook, inter alia, to use their best endeavours to procure that IPTL complied with its obligations under the Financing Agreements and independently covenanted not to dispose of their shares.

  • Charge of Shares between (1) Mechmar Corporation (Malaysia) Berhad, (2) VIP engineering and Marketing Limited and (3) Sime Bank Berhad, 28 June 1997, Clauses 5, 16.1 and 16.2.


More Definitions of Charge of Shares

Charge of Shares the Charge of Shares, by and among Physics, GP (UK) and the Agent substantially in the form of Exhibit M hereto, as amended, supplemented, amended and restated, or otherwise modified from time to time.
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Charge of Shares means a charge over the shares made by each of the Issuers in favour of the Noteholders to secure the Secured Liabilities.
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Charge of Shares means the Equitable Charge of Shares of even date herewith in which the Company charged its shares in Cayman Water Company Limited to the Trustee.
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Related to Charge of Shares

  • Recapitalization Event means any event of share combination or subdivision, distribution of bonus shares or any other similar reclassification, reorganization or recapitalization of the Company’s share where the shareholders retain their proportionate holdings in the Company.

  • Reclassification Event means any of the following: (a) any reclassification or recapitalization of PubCo Shares (other than a change in par value, or from par value to no par value, or from no par value to par value, or as a result of a subdivision or combination or any transaction subject to Section 4.1(e)), (b) any merger, consolidation or other combination involving PubCo, or (c) any sale, conveyance, lease or other disposal of all or substantially all the properties and assets of PubCo to any other Person, in each of clauses (a), (b) or (c), as a result of which holders of PubCo Shares shall be entitled to receive cash, securities or other property for their PubCo Shares.

  • class of Shares refers to the division of Shares into two or more classes as provided in Article III, Section 1 hereof;

  • Recapitalization means any stock dividend, stock split, combination of shares, reorganization, recapitalization, reclassification or other similar event.

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class A Ordinary Share Value means, as of the close of business on the day preceding the date, the volume weighted average trading price of the Class A Ordinary Shares on all trading platforms or trading systems on which the Class A Ordinary Shares are being traded over the forty-five (45) trading days then ended, provided, that if the total aggregate trading volume over such 45-trading-day period is less than 5% of the public float, such period shall be extended to the ninety (90) trading days then ended, provided, further, if the total aggregate trading volume over such 90-trading-day period is less than 5% of the public float, the holder of the Class B Ordinary Shares shall request that the Board obtain an appraisal of the value of the Class A Ordinary Shares from one or more independent nationally-recognized third party appraisal companies and such appraisal shall constitute the Class A Ordinary Share Value.

  • Initial Liquidation Preference means one thousand dollars ($1,000.00) per share of Convertible Preferred Stock.

  • Early Preference Share Valuation Date means the date specified as such in the relevant Early Preference Share Redemption Notice which shall fall not less than one day and not more than 180 days following the day such Early Preference Share Redemption Notice is given. The Early Preference Share Redemption Notice may provide that such date is subject to adjustment in accordance with certain disruption or adjustment events, as determined by the Calculation Agent.

  • Class A Preferred Stock means the Class A preferred stock, nominal value $0.0001 per share, of the Company.

  • Deemed Liquidation Event means (a) a merger or consolidation in which (i) the Corporation is a constituent party or (ii) a subsidiary of the Corporation is a constituent party and the Corporation issues shares of its capital stock pursuant to such merger or consolidation, except any such merger or consolidation involving the Corporation or a subsidiary in which the shares of capital stock of the Corporation outstanding immediately prior to such merger or consolidation continue to represent, or are converted into or exchanged for shares of capital stock that represent, immediately following such merger or consolidation, at least a majority, by voting power, of the capital stock of (1) the surviving or resulting corporation; or (2) if the surviving or resulting corporation is a wholly owned subsidiary of another corporation immediately following such merger or consolidation, the parent corporation of such surviving or resulting corporation; or (b) the sale, lease, transfer, exclusive license or other disposition, in a single transaction or series of related transactions, by the Corporation or any subsidiary of the Corporation of all or substantially all the assets of the Corporation and its subsidiaries taken as a whole, or the sale or disposition (whether by merger, consolidation or otherwise) of one or more subsidiaries of the Corporation if substantially all of the assets of the Corporation and its subsidiaries taken as a whole are held by such subsidiary or subsidiaries, except where such sale, lease, transfer, exclusive license or other disposition is to a wholly owned subsidiary of the Corporation.

  • Deemed Liquidation means a liquidation of the Company that is deemed to occur pursuant to Treas. Reg. Section 1.708-1(b)(1)(iv) in the event of a termination of the Company pursuant to section 708(b)(1)(B) of the Code.

  • Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class B Ordinary Share and having the rights provided for in these Articles;

  • Class A Stock means the Company's Class A Common Stock, par value $0.01 per share.

  • Stock Split means any kind of stock split in relation to the Shares, including a free share distribution to the holders of Shares, a stock dividend or a sub-division of Shares;

  • Nominal Liquidation Amount means, notwithstanding anything to the contrary in the Indenture Supplement, with respect to the Class C(2020-4) Notes:

  • Common Stock Dividend means a stock dividend declared and paid on the Common Stock that is payable in shares of Common Stock.

  • Class A Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class A Ordinary Shares and having the rights provided for in these Articles;

  • Series A Liquidation Preference means a liquidation preference for each Series A Preferred Unit initially equal to $25.00 per unit, which liquidation preference shall be subject to increase by the per Series A Preferred Unit amount of any accumulated and unpaid Series A Distributions (whether or not such distributions shall have been declared).

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • principal class of shares means the class or classes of shares representing a majority of the voting power and value of the company;

  • Series A Stock means the Company’s Series A Preferred Stock, par value $0.01 per share.

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.

  • Stock Dividend has the meaning set forth in Section 5(a)(i)(A).

  • Preferred Stock Equivalents shall have the meaning set forth in Section 11(b) hereof.

  • Reorganization Event has the meaning specified in Section 5.6(b).