Mortgaged Shares definition

Mortgaged Shares means all shares owned by the 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 Mortgage) including all:

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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 means any and all shares of each Group Company incorporated in any jurisdiction other than the PRC that are now or at any time in the future directly or indirectly owned (whether as registered owner or beneficial owner) by the Company, any Controlling Shareholder or Founder.

Examples of Mortgaged Shares in a sentence

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.
Within thirty (30) days following the Closing Date, the Borrowers shall deliver to the Collateral Agent (i) the share certificate(s) in respect of the Mortgaged Shares (as defined in the Equitable Mortgage Over Shares with respect to ▇▇▇▇▇▇▇▇ Maritime Enterprises, Ltd.), and (ii) a duly executed but undated share transfer form.
If and whenever the Mortgagee enters into possession of any Mortgaged Shares, it shall be entitled at any time at its discretion to go out of possession.
The Chargee shall be entitled to reimburse itself out of the proceeds of sale all costs, charges and expenses incurred by it in such sale and is authorised to apply any net proceeds of the Mortgaged Shares towards payment of the outstanding principal and interest due from the Company to the Investors under the Settlement Agreement in proportion to the principal amounts of the Debentures held by each of the Investors respectively.
The Chargor is the beneficial owner of the Mortgaged Shares (as defined hereinafter).

More Definitions of Mortgaged Shares

Mortgaged Shares shall have its meaning as defined in the Share Mortgage.

Mortgaged Shares has the meaning assigned thereto in the definition of Mortgaged Property.

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 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);

Mortgaged Shares all issued shares of the Borrower

Mortgaged Shares means the Initial Mortgaged Shares and all and any other shares, warrants and other securities of any kind (including loan capital) of the Company now or at any time in the future legally and/or beneficially owned by the Mortgagor or in which the Mortgagor has any interest and all rights, benefits and advantages now or at any time in the future deriving from or incidental to any of the Mortgaged Shares, including, without limitation:

Mortgaged Shares means the number of Shares issued and held by the Mortgagor (as adjusted for stock split, stock combination, stock dividend) set forth opposite the Mortgagor’s name on Schedule 1; and references to Mortgaged Shares include references to any part of them, for the avoidance of any doubt, if the Company issues any additional Shares to the Mortgagor or its beneficial owner, Mr. Sha Yunlong from time to time after the date hereof, such number of additional Shares as may enable the Mortgaged Shares (plus such additional Shares) to represent eighteen per cent (18%) of all the outstanding and issued Shares then held by the existing shareholders of the Company immediately after the issue of such Additional Shares shall automatically become part of the Mortgaged Shares;