Examples of Charged Share Issuer in a sentence
The Security Trustee agrees that it shall not be entitled prior to the occurrence of an Event of Default which is subsisting, to serve or give notice to any counterparty to an Assigned Agreement or any issuer of Securities (other than a Charged Share Issuer) of the Security Interest granted under this Debenture.
If the Security Trustee receives notice of any subsequent security interest or lien affecting any part of the Charged Property, it may open a new account for the Charged Share Issuer in its books and if it does not do so then it will, as from the time of receipt of such notice, automatically be treated as if all payments made to it by the Chargor had been credited to a new account of the Chargor and not as having been applied in reduction of the Obligations of the Chargor.
All of the Charged Shares are duly authorised and validly issued, fully paid and non-assessable and constitute the entire issued and outstanding shares of each Charged Share Issuer.
In the case of any Charged Shares constituting such Collateral, all of such Charged Shares are duly authorised and validly issued, fully called up and fully paid up, and the voting power of the Charged Shares charged hereunder constitutes a per centage equal to, or as close as possible to, 66 per cent but in no event less than 65 per cent or more than 66 per cent of the total combined voting powers of the issued and outstanding share capital of the Charged Share Issuer.
In addition, any sums paid upon or in respect of the Charged Shares upon the liquidation or dissolution of the Charged Share Issuer shall be held by the Security Trustee as additional security for the Liabilities.
In addition, any sums paid upon or in respect of the Charged Shares upon the winding up or dissolution of the Charged Share Issuer shall be held by the Security Trustee as additional security for the Liabilities.
In addition, any sums paid upon or in respect of the Charged Shares upon the winding up or dissolution of the Charged Share Issuer shall be held by the Security Trustee as additional security for the Liabilities, subject to the terms of the Deed of Priorities.
All of the Charged Shares are duly authorised and validly issued, fully paid and non-assessable and constitute the entire issued and outstanding shares of the Charged Share Issuer.
In addition, any sums paid upon or in respect of the Charged Shares upon the liquidation or dissolution of any Charged Share Issuer shall be held by the Security Trustee as additional security for the Secured Liabilities.