NG Stock definition
Examples of NG Stock in a sentence
Annex I.B. (iii) Form of NG Stock Purchase Agreement to be entered between SQNH and SQH in respect of all the shares of NG owned by SQH.
If for any reason the Borrower is not in position to pledge additional NG Stock in order to maintain the Minimum Coverage Ratio, then the Borrower may elect to maintain from time to time in addition to the Pleged Shares, a cash collateral over Cash Equivalents, as collateral for the guarantee of the full and prompt payment and performance when due of all of the Borrower’s obligations under this Agreement and the Note.
The Borrower shall use the proceeds of the Loan to pay to SQH the purchase price according to the NG Stock Purchase Agreement simultaneously with the making of the Advance by the Lender.
Hydro undertakes to agree that upon the execution of the NG Stock Purchase Agreement and the Shareholders Agreement and the fulfillment of the obligation to amend the by-laws of the Companies in accordance with Section 5.1 above, Hydro shall consent to SQNH becoming the guarantor of any debt of NG, OB, PC and PCOS and Subsidiaries, currently guaranteed by M▇.
Hydro undertakes to agree that upon the execution of the NG Stock Purchase Agreement and the Shareholders Agreement and the fulfillment of the obligation to amend the by-laws of the Companies in accordance with Section 5.1 above, Hydro shall consent to SQNH becoming the guarantor of any debt of NG, OB, PC and PCOS and Subsidiaries, currently guaranteed by ▇▇.