Mortgaged Shares definition

Mortgaged Shares means all shares owned by a Chargor and all rights, benefits and advantages now or at any time in the future deriving from or incidental to any such shares (excluding any shares and related rights mortgaged and/or charged pursuant to the Cayman Share Mortgages) including all:
Mortgaged Shares means the Initial Shares and additional certificated shares of Listco pledged to the Mortgagee in accordance with the terms of the Facility Agreement from time to time;
Mortgaged Shares has the meaning assigned thereto in the definition of Mortgaged Property.

Examples of Mortgaged Shares in a sentence

  • The Lender, as mortgagee of the Share Mortgage, shall have rights, among other things, to dispose of the Mortgaged Shares upon the occurrence of any event of default or the occurrence of any event which may lead to a default by the Borrower.

  • The Loan is secured by the Share Mortgage by way of first fixed mortgage of the Mortgaged Shares created by the Mortgagor in favour of the Lender.


More Definitions of Mortgaged Shares

Mortgaged Shares means the 1,000,000 shares in the capital of Tianjin Development held by the Chargor to be mortgaged hereunder and for the time being subject to the charge created hereunder;
Mortgaged Shares shall have its meaning as defined in the Share Mortgage.
Mortgaged Shares means the securities listed in Schedule 1 which are all registered in the name of the Company and any additional securities issued to the Company pursuant to Clause 3.8;
Mortgaged Shares all issued shares of the Borrower
Mortgaged Shares any shares in the capital of Obligors domiciled in the Cayman Islands (and any shares acquired in respect of such shares by reason of a stock split, stock dividend, reclassification or otherwise) that are the subject of an Equitable Share Mortgage.
Mortgaged Shares means (a) the Shares in certificated form of which the Chargor is the legal and beneficial owner and which are notified by the Chargor to the Counterparty to be subject to the Security Interest from time to time, and (b) any rights, title and interest of the Chargor, present and future, attaching or relating to any such Shares.
Mortgaged Shares means (i) the securities listed in Schedule 1 which are all registered in the name of the Mortgagor and which are evidenced by share certificates no. 154, 155 and 160 and (ii) all rights, benefits and advantages now or at any time in the future deriving from or incidental to any of the Mortgaged Shares including: (a) all dividends, interest and other income paid or payable in relation to any Mortgaged Shares; and (b) all shares, securities, rights, monies or other property accruing, offered or issued at any time by way of redemption, conversion, exchange, substitution, preference, option or otherwise in respect of any Mortgaged Shares (including but not limited to proceeds of sale);