Examples of Company Share Charge in a sentence
At any time prior to the QIPO, each of the Founder Parties shall not Transfer any Shares directly or indirectly owned by them without the prior written consent of the Series C-2 Majority, the Series C-1 Majority, the Series C Majority, the Series B Majority and the Series A Majority, other than any Transfer of Shares pursuant to the enforcement of the Founder Share Charge and the Holding Company Share Charge (each as defined in the Series C SSA).
On 11 March 2021, Xxxxxx executed the Company Share Charge to charge 516,764,000 Shares, representing 20% of issued share capital of the Company as contemplated under the Settlement Agreement.
Pursuant to the Settlement Agreement, the Yida Parties have agreed to, among others, to execute the Company Share Charge by Xxxxxx, pursuant to which Jiayou will charge its 20% Shares in favour of the Aetos Parties.
The Founder, the Holding Company, the Company and North Haven Private Equity Asia Harbor Company Limited hereby acknowledge and agree that the Founder Share Charge and the Holding Company Share Charge (each as defined in the Series C SSA) shall be amended to the extent as set forth in Exhibit G hereof.
Copies of (i) the Closing Date Security Documents executed by the Parent and/or the Company, together with documentation expressly required under the Closing Date Security Documents to be delivered on or prior to the Initial Utilisation Date and (ii) the agreed form of Target Share Charge unless it is documented under the Company Share Charge.
The Company will continue to make disclosures in its subsequent interim and annual reports for so long as the above obligation relating to Company Share Charge continues to exist pursuant to the requirement of Rule 13.21 of the Listing Rules.
As security to the Borrower’s obligations under the Facility Agreement and other finance documents designated as such under the Facility Agreement, (i) the Borrower Share Charge shall be executed prior to utilisation of the Facility and (ii) the Target Company Share Charge shall be executed and delivered to the Lender within 15 days of the Utilisation Date.