Examples of Pledgor 2 in a sentence
Pledgor 2 shall allow, following the occurrence and during the continuance of an Enforcement Event, the Pledgee or, as the case may be, its proxy or any other person designated by the Pledgee, to participate in all such shareholders’ meetings of the Company as attendants without power to vote.
Such third parties shall be notified forthwith by Pledgor 2 of the relevant Pledges (as soon as Pledgor 2 becomes aware of such third party having or obtaining actual possession of a Share Certificate).
Pledgor 2 may exercise its membership rights in any manner which does not adversely affect the validity and enforceability of the Pledges 2, the existence of all or part of the Shares or cause an Event of Default to occur.
In particular, Pledgor 2 shall notify the Pledgee, forthwith of any shareholders’ meeting at which a shareholders’ resolution is intended to be adopted which would have a materially adverse effect upon any of the Pledges 2.
If such proceeds or property are received by Pledgor 2, they shall be received as trustee for the benefit of the Secured Parties and shall be segregated from other property or funds of Pledgor 2 and shall be forthwith delivered to the Pledgee for the benefit of the Secured Parties as security in the form so received (with any necessary endorsement).
Pledgor 2 undertakes, unless otherwise permitted by the Principal Finance Documents, not to support any resolutions which if passed would constitute a breach of its obligations under Clause 9 or any other obligation under this Agreement.
Pledgor 2 shall use all reasonable endeavours (including offering delivery of the relevant Share Certificate to the Pledgee in Germany within normal business hours) to deliver any other Share Certificate endorsed by Pledgor 2 in accordance with clause 3.3.1. above to the Pledgee in Germany without undue delay upon becoming the owner of the Shares to which it relates.
Since low-income individuals may also have limited financial sophistication, they may have trouble making optimal long-term decisions regarding saving and consumption.
Number of Shares Total Percentage of Shares owned by Pledgor Total Percentage of Shares in Issuer owned by Pledgor 2 Synutra International, Inc.
Income Taxes (continued) amount in the consolidated financial statements that will result in net taxable or deductible amounts in future periods.