Examples of Equity Pledge in a sentence
Such processes complying with prescribed standards and procedures shall be treated on para with face-to-face CIP for the purpose of this master direction.
As such, the Guarantee Agreement, the Equity Pledge Agreement, the Guarantee Fee Agreement and the transactions contemplated thereunder constitute connected transactions under Chapter 14A of the Listing Rules.
The provision of the Equity Pledge under the Equity Pledge Agreement and the payment of the Guarantee Fee under the Guarantee Fee Agreement comprising the Counter Guarantee constitute connected transactions in the form of financial assistance provided by the Company in favour of Yunnan Investment Group.
However, in the absence of the Equity Pledge, as the Parent Guarantee is not secured by any assets of the Group, and as the Directors consider that the Guarantee Agreement is entered into on normal commercial terms or better, the Parent Guarantee is fully-exempted from the independent shareholders’ approval, annual review and all disclosure requirements pursuant to Rule 14A.90 of the Listing Rules.
The list of attorneys who qualify for special master appointment by the courts is maintained by the State Bar.