Issuer Share Pledge definition

Issuer Share Pledge means the Marshall Island law limited recourse pledge granted by the Parent over all of the shares (100%) in the Issuer, which limited recourse pledge shall provide that the sole recourse against the Parent shall be with respect to the pledged shares in the Issuer, together with, inter alia, letters of resignation (effective upon a default) from current board members and covenants to obtain such from future board members.
Issuer Share Pledge means a first priority Irish law charge given by the Parent in respect of the shares it owns in the Issuer.
Issuer Share Pledge means a pledge granted by the Issuer over all the outstanding shares (100%) in UK Bidco.

Examples of Issuer Share Pledge in a sentence

  • Yield of potatoesThe doses (C3/40 + M') and (C4/40 + M'), yielded significantly higher yields than those given by the witness mini- parcel and the mini-parcel of mineral fertilizer dose (M') (fig.


More Definitions of Issuer Share Pledge

Issuer Share Pledge means a first priority share pledge granted over all current and future shares in the Issuer.
Issuer Share Pledge means a first priority share pledge granted by the Parent over all of the shares (100%) issued by the Issuer.
Issuer Share Pledge means the Scots law share pledge, dated on or around the Effective Date, granted by XXXX in favour of the Security Trustee over all of the issued share capital of the Issuer;
Issuer Share Pledge means a first priority pledge granted by the Parent over all (current and future) shares (100%) in the Issuer in favour of the Bond Trustee, together with, inter alia, letters of resignation (effective upon an Event of Default) from the current board members of the Issuer and covenants to obtain such from future board members.
Issuer Share Pledge means the first priority Norwegian law pledge over all of the shares (100%) in the Issuer.
Issuer Share Pledge means a first priority share pledge over all shares in the Issuer. “Leverage Ratio” means the ratio of Total Net Debt to EBITDA.
Issuer Share Pledge means the agreement governing the Issuer Share Collateral dated the Issue Date; provided that if, as a result of any transaction undertaken in connection with the Post-Issuance Reorganization or the Post-Acquisition Reorganization, the Issuer is not the surviving entity, all of the outstanding Capital Stock of such surviving entity shall be pledged on a first-ranking basis to secure the Notes, following which, the term, “Issuer Share Pledge” shall be deemed to be the agreement pursuant to which the pledge of Capital Stock was made and the term “Issuer Share Collateral” shall mean the Capital Stock subject to such Issuer Share Pledge.