Examples of Mortgaged Shares in a sentence
Notwithstanding any other provisions of the Memorandum and Articles of Association of the Company (but for the duration of the Security Period only), the provisions of Articles 13 to 15 (inclusive) shall not apply to the Mortgaged Shares and no such Mortgaged Share shall, during the Security Period, be subject to a lien, a call or forfeiture pursuant to the Articles.
The Parties hereby acknowledge that the voting rights attached or related to the Mortgaged Shares are subject to the proxy described in Section 5.4 below.
Preferemces,The representative consumer in each region has two-tier preferences, where the upper tier is a Cobb-Douglas nest of consumption of agriculture (which will be the numeraire good) and a composite of industrial varieties.
The Mortgagor shall procure that the Company shall irrevocably consent to any transfer of the Mortgaged Shares by the Administrative Agent or its nominee to any other person pursuant to the exercise of the Administrative Agent’s rights under this Mortgage.
The Mortgagor will procure that there shall be no increase in the issued share capital of the Company (other than by way of an issuance of further shares to the person in whose name the Mortgaged Shares are registered) without the prior consent in writing of the Administrative Agent.