Examples of Share Lender in a sentence
The Investor shall thereafter not have any obligations under this Agreement until one or more persons has executed a deed of adherence in which they confirm that they have become a party to this Agreement in the capacity of a Share Lender and agree to be bound by all applicable terms of this Agreement.
In the event that Investor elects to purchase the Common Shares directly from the Share Lenders, Investor and the Share Lenders hereby agree that, within three Business Days of the Share Lender Purchase Notice, Investor shall wire to one or more accounts designated by the Share Lenders an amount or amounts equal to the purchase price therefor.
The Share Lender undertakes to promptly pay and account for any transfer or similar duties or taxes, and any loan security or other stamp duties, (if any) chargeable in connection with any transaction effected in accordance with or contemplated by this deed, and must indemnify and keep indemnified GEM against any liability arising in respect thereof as a result of the Share Lender's failure to do so.
The Share Lender acknowledges that no cash is payable by GEM for the loan of the Borrowed Shares contemplated in this deed.
This Share Lender Purchase Notice is being delivered to you pursuant to clause 2.3 of the Agreement.
The Share Lender is not entitled to a re delivery of any Equivalent Borrowed Shares before the Maturity Date.
A Share Lender may withdraw from this Agreement subject to notifying the Company and the Investor of its intention thereof and subject to a notice period of not less than 90 days.
Opportunities arising from those rejected costs will be assessed at CS2 Program level.
In circumstances where the Investor has delivered a Rejection Notice to the Company, the Investor shall have the right, which right shall exist so long as this Agreement is in force, to elect to purchase Common Shares directly from the Share Lenders upon three Business Days’ notice to the Share Lenders (the "Share Lender Purchase Notice" in the form set forth as Exhibit E hereto).
A Share Lender may withdraw from this Agreement subject to notifying the Resulting Company and the Investor of its intention thereof and subject to a notice period of not less than 90 days.