Examples of Shares Charge in a sentence
Clause 3.1(a) defined the Security Documents, which were the Subscription Shares Charge, the Partnership Guarantee and the Partnership Charge/Debenture.
If the 2019 Guaranteed Net Profit is not achieved, the Purchaser shall release the Second Batch Consideration Shares Charge within 30 Business Days after the Vendor has complied with its obligations to make the Financial Compensation and if required, any cash compensation to the Purchaser as set out in the section headed “The Equity Transfer Agreement – Performance guarantee, Financial Compensation and cash compensation”.
If the 2019 Guaranteed Net Profit is achieved, the Purchaser shall release the Second Batch Consideration Shares Charge within 30 Business Days after the 2019 Audit Report is issued.
Subject to the Aptus Shares Charge, any and all Aptus Shares and/ or proceeds of the disposals by the Lender received by Tarascon from the Lender are held by Tarascon on trust for the Company.
The Company announces that after trading hours on the date of this announcement, Precise Result and Tarascon have entered into the Aptus Shares Charge.