Existing Share Mortgage definition

Existing Share Mortgage has the meaning set forth in the second Whereas clause of this Agreement.
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Existing Share Mortgage means the Deed of Mortgage dated 16/th/ October, 1998 relating to 1,000,000 issued shares in the capital of Tianjin Development Holdings Limited executed by ERL in favour of Brilliant Future Holdings Limited pursuant to the Settlement Agreement;
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Existing Share Mortgage means the Cayman Islands’ law-governed share mortgage dated 19 October 2007 granted by the Issuer and the General Partner for the benefit of GLAM II in respect of certain shares owned by the Issuer and the General Partner in IFM Investments to secure the Secured Liabilities (as defined therein) as reaffirmed pursuant to a deed of reaffirmation and consent dated 3 February 2010 and as confirmed or to be confirmed under the New Share Mortgage.
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Examples of Existing Share Mortgage in a sentence

  • But if Completion shall fail to take place as herein provided, all of the rights, obligations and liabilities of the respective parties under and pursuant to the Settlement Agreement, the Guarantee, the Undertaking and the Existing Share Mortgage shall be preserved.

  • This Deed is designated as a Finance Document in accordance with the Note Purchase Agreement (and, without limitation, shall be included within the scope of the definition of Finance Documents for the purposes of the Existing Share Mortgage and the New Share Mortgage).


More Definitions of Existing Share Mortgage

Existing Share Mortgage means the composite share mortgage dated 2 May 2018 and made between, among others, the Principal Vendor as mortgagor and the Security Trustee as security trustee creating a share mortgage over the entire issued share capital of the Target Company
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Related to Existing Share Mortgage

  • Existing Mortgages means each of the mortgages, deeds of trust or other agreements made pursuant to the Existing Credit Agreement by any Loan Party in favor of the Agent for the benefit of the Agent and the Lenders.

  • Existing ship means a ship which is not a new ship.

  • Existing Shareholders has the meaning set forth in the preamble.

  • Existing Security Agreement shall have the meaning set forth in the recitals.

  • Ship Mortgage shall have the meaning set forth for such term in the Intercreditor Agreement. Notice of Assignment ASSIGNMENT OF INSURANCE BY INTERNAL CHARTERERS Vantage Drilling (Malaysia) I SDN NOTICE OF ASSIGNMENT To Whom It May Concern: Vantage Drilling Labuan I Ltd, a Labuan company limited by shares duly incorporated under the laws of Malaysia (the “Assignor”), HEREBY GIVES NOTICE that by an Assignment, dated October 25, 2012, and made by the Assignor to Xxxxx Fargo Bank, National Association (the “Assignee”), as Pari Passu Collateral Agent (as defined under the Intercreditor Agreement defined below), the Assignor assigned to the Assignee all of the Assignor’s right, title and interest in and to all insurances and the benefit of all insurances heretofore, now or hereafter taken out in respect of the Panamanian flag vessels AQUAMARINE DRILLER and TOPAZ DRILLER and all proceeds thereof. This Notice and the attached Loss Payable Clauses are to be endorsed on all policies and certificates of entry evidencing such insurances.

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • First Mortgage means a Mortgage that constitutes a first Lien on the real property and improvements described in or covered by that Mortgage.

  • Parent Pledge Agreement means that certain Pledge Agreement, dated of the date hereof, made by Parent in favor of Agent.