Share Security definition

Share Security means, in relation to each Borrower, the document constituting a first Security Interest by its Holding Company in favour of the Security Agent in the agreed form in respect of all of the shares in such Borrower.
Share Security means any charge, mortgage or other security interest over Shares in the Company (or shares in a holding company of the Company) granted from time to time by the holder of such shares to any person;
Share Security means a Security relating to one or more Shares of a single Share Issuer.

Examples of Share Security in a sentence

  • The Share Security in respect of the each of the Owners duly executed by its Holding Company together with all letters, transfers, certificates and other documents required to be delivered under the Share Security.

  • A copy of a resolution of the board of directors of the relevant Obligor and the Share Security Provider, approving the terms of, the transactions contemplated by, and the execution, delivery and performance of the Security Document.

  • A copy of a resolution, signed by all of the holders of the Obligor’s and the Share Security Provider’s issued or allotted shares, approving the execution of the Security Document.

  • The Share Security in respect of each of the Owners duly executed by the Borrower together with all letters, transfers, certificates and other documents required to be delivered under the Share Security.

  • A specimen of the signature of each person authorised on behalf of the relevant Obligor and the Share Security Provider to execute or witness the execution of the Security Document or to sign or send any document or notice in connection with such Security Document.


More Definitions of Share Security

Share Security means a document creating Security over the share capital of each Guarantor in agreed form.
Share Security means, in relation to each Owner and each Bareboat Charter, the document constituting a first Security Interest by the relevant Holding Company of such Owner or Bareboat Charterer in favour of the Security Agent in the agreed form in respect of all of the shares in such Owner or Bareboat Charterer.
Share Security has the meaning given in Clause 16.1.7;
Share Security means, in relation to each Borrower, the document constituting a first Security Interest by the relevant Holding Company of such Borrower in favour of the Security Agent in the agreed form in respect of all of the shares in such Borrower.
Share Security means the Security Interest created under the Share Pledge; "Specified Office" has the meaning given in the Agency Agreement;
Share Security means the document constituting a first Security Interest by Malt LNG Transport (or, following the Reorganisation, by Dutch Holdco) in favour of the Security Agent in the agreed form in respect of all of the shares in the Borrower.
Share Security means in relation to each Borrower, the document constituting a first Security Interest by the Parent in favour of the Security Agent in the agreed form in respect of all of the shares or membership interests in the Owners. Ship Commitment means, in relation to a Ship, the amount specified against the name of such Ship in Schedule 2 (Ship information), as cancelled or reduced pursuant to any provision of this Agreement.