Share Charge definition

Share Charge shall have the meaning provided in Section 5.06.

Share Charge means the share charge dated the date of this Deed in favour of the Security Trustee given in favour of the Security Trustee by the Chargor over the shares representing the entire issued share capital of China Smarter Energy Investment Limited, a company incorporated under Hong Kong laws, as may be amended, supplemented and/or varied from time to time.

Share Charge that certain Share Charge dated on or prior to the Advance Date by the Borrower Parent in favor of the Security Trustee in relation to the Borrower.

Examples of Share Charge in a sentence

• No filings or recordings are required in order to perfect (or maintain the perfection or priority of) the security interests created in the Share Charge Collateral under the Share Charge other than with respect to that portion of the Share Charge Collateral constituting a “general intangible” under the UCC.

• The filings on Form UCC-1 made pursuant to the Share Charge will perfect a security interest in the Collateral covered by the Share Charge to the extent a security interest in such Collateral may be perfected by such filings.

• On the Initial Borrowing Date, the Pledgor shall have duly authorized, executed and delivered a Bermuda share charge for the Borrower substantially in the form of Exhibit F (as modified, supplemented or otherwise modified from time to time, the “Share Charge”) or otherwise reasonably satisfactory to the Lead Arrangers, together with the Share Charge Collateral.

• The Holders understand and agree that in fulfilling its role as Indenture Trustee under any Account Control Agreement, the Pledge Agreement, the Irish Share Charge and the Pledged Irish Profit Participating Note Assignment, the Indenture Trustee shall act solely in accordance with the written direction of the Required Holders, except as expressly set forth in Section 5.03 and 5.06(a)(ii).

• On the Initial Borrowing Date, the Pledgor shall have duly authorized, executed and delivered a Bermuda share charge for the Borrower substantially in the form of Exhibit F (as modified, supplemented or otherwise modified from time to time, the “Share Charge”) or otherwise reasonably satisfactory to the Joint Lead Arrangers, together with the Share Charge Collateral.

More Definitions of Share Charge

Share Charge means the charge in respect of the issued share capital of each of the Owner and the Parent in the form attached at Appendix 7 (Form of Share Charge) entered into or to be entered into on or prior to the Incidental Costs Loan Utilisation Date and granted by each of the Parent and the Parent Shareholder, respectively, in favour of the Security Trustee.

Share Charge means the share charge entered into by the Parent granting a fixed charge over its shareholding in the Company in the agreed form delivered under Schedule 2 (Conditions Precedent).

Share Charge means the share charge in agreed form executed or to be executed by the Intermediate Parent in favour of the Security Trustee relating to 65% of the issued share capital of the Borrower.

Share Charge means, in relation to each Owner, the charge of all of the issued shares in the capital of such Owner executed or (as the context may require) to be executed by the Borrower (or such other direct shareholder of the Owner (being a wholly-owned Subsidiary of the Borrower) as the Agent may require) in favour of the Agent as security agent and trustee on behalf of the Finance Parties pursuant to clause 8.1.14 such charge to be in form and substance acceptable to the Agent and “Share Charges” means all of them;

Share Charge means the charge over the entire issued share capital of the Charterers executed or (as the case may be) to be executed by the Chargor in favour of the Owners.

Share Charge means any share charge or share pledge, in each case in the agreed form, executed or to be executed in favour of the Finance Parties represented by the Security Trustee over all or substantially all of the issued share capital of any Group Company.

Share Charge means the share charge substantially in the form set out in schedule 11 to be executed in favour of the Investors;