Share Charge Agreements definition
Examples of Share Charge Agreements in a sentence
All necessary registration or filings in respect of the Share Charge Agreements will be obtained in accordance with their terms.
Conditional upon Completion and the issuance of the Bond, each Issuer Group Member shall procure that each Chargor shall (a) enter into the corresponding Share Charge Agreement with the Investor simultaneously with Completion, (b) charge in total 4,000,000 shares of Listco (the “Initial Charged Shares of Listco”) to the Investor pursuant to the terms of the Share Charge Agreements simultaneously with Completion and (c) perform other obligations thereunder upon entry into the Share Charge Agreements.
Upon the earlier of (i) the Conversion Date (as defined in the Notes) and (ii) the date on which the Secured Liabilities have been irrevocably and unconditionally paid and discharged in full, the Security Agent shall release the Share Charges and the Account Charge in accordance with Section 15.1 of the Share Charge Agreements and Section 15.1 of the Account Charge Agreement.
THE SHARE CHARGES As additional security for the repayment obligations of CCRE Tianming under the Entrusted Loan Agreement, on 9 December 2016 (after trading hours), CCRE Investments and CCRE China (as chargors) entered into the Share Charge Agreements with CITIC Trust (as chargee) whereby CCRE Investments and CCRE China agreed to charge their 60% and 6.66% equity interest in CCRE Tianming in favour of CITIC Trust respectively.
Pursuant to the Share Charge Agreements, the parties agreed that the Share Charges shall not be released until all repayment obligations of CCRE Tianming under the Entrusted Loan Agreement have been fulfilled.
The Administrative Agent shall have received, for any Loan Party which is not incorporated under the laws of England and Wales, evidence that its agent under the UK Share Charge Agreements for service of process in England has accepted its appointment.