Examples of Share Charge Agreements in a sentence
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.
Kunczik, mass media concentration could be a threat to the variety of opinions – nowadays the owners of mass media organisations profoundly influence the way the mass media present problems and events.
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.
When he specifically has denied knowing any Shri Anand Sharma or Shri Janardhan Chokhani and in the affidavit he has admitted of having entered into JV agreement and also about the fact of M/s.
For the avoidance of doubt, the voting rights of the existing Shares charged in favour of Dato’ Chong (the “Charged Shares”) remain with the Mr. Siow Chien Fu, Dato’ Colin Tan and Dato’ Edwin Tan until the occurrence of an event of default under the Share Charge Agreements, following which Dato’ Chong shall be entitled to the exercise of all powers or rights (in particular, all voting rights) attached to the Charged Shares.
In an event that additional Shares are requested to be charged in favour of Dato’ Chong in accordance with the Share Charge Agreements, failure to do so by the Chargors will constitute an event of default under the Convertible Bond Subscription Agreement, and Dato’ Chong may declare the bonds immediately due and payable whereupon the principal amount of the Series A Bonds together with accrued interest shall immediately become payable.
Further, that as [2(2) and (3)] of both Loan Agreements provide, in the event of default, Minsheng has the right to dispose of the Second Tranche “which [the Respondents] have charged to Minsheng in accordance with the Share Charge Agreements and other provisions of relevant laws and regulations.” The arbitration clause in the Loan Agreements [[19] in the First Loan Agreement] applies to “all disputes arising from the implementation of this Agreement or related to this Agreement”.
As stated in the Company’s response to SGX-ST’s question 1 in the announcement dated 24 January 2019, due to the fall in the Company’s share price below the threshold of S$0.0492 (being 60% of the conversion price of S$0.082 per Share) for a period of five consecutive trading days, notices had been served on each of Mr. Siow Chien Fu, Dato’ Colin Tan and Dato’ Edwin Tan for an additional 307,061,748 Shares to be charged in favour of Dato’ Chong pursuant to the terms of the Share Charge Agreements.
Share Charge Agreements On July 15, 2015, Talent Wise entered into a Share Charge Agreement with each of the Initial Chargors (each a “Share Charge Agreement”, and together the “Share Charge Agreements”), under which the Initial Chargors each agreed to charge 2,000,000 shares of Class A Ordinary Shares of the Issuer to Talent Wise to secure the obligations of the Founder Entities under the agreements and Bond disclosed in the Original Schedule 13D and this Amendment.
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.