Shares Security definition

Shares Security means, in relation to a Borrower, a document creating Security over the issued shares in that Xxxxxxxx in agreed form.

Shares Security means, in relation to a Borrower, a document to be executed by the Guarantor creating Security over the shares in that Borrower in agreed form.

Shares Security means each document creating security in respect of the share capital and the ownership interests in each company within the Restricted Group, including any Intra-Group Charterer, in agreed form.

Examples of Shares Security in a sentence

• Notwithstanding any provisions to the contrary contained in this Security Agreement, only the Collateral Agent, and not the Receiver, shall have the right to exercise the rights of a Receiver with respect to Unlimited Liability Shares, Security Entitlements to Unlimited Liability Shares and general partnership interests.

• The Borrower shall ensure that the Facility Agent receives originals of the new share certificates under the Shares Security in relation to each of the Borrower and the Drillship Owner no later than 6 September 2016.

• In relation to a Belgian Obligor (if shares of that Obligor are in registered form) registration of the Shares Security Agreement relating to those shares in its register of shareholders (aandeelhoudersregister/registre des actionnaires) or (if shares of that Belgian Obligor are in bearer form) delivery of the shares of that Obligor to the Facility Agent.

• Other than this Agreement and the restrictions set forth in the Shares Security Deed, there is no subscription, option, warrant, preemptive right, call right or other right, agreement or commitment of any nature relating to the voting, issuance, sale, delivery or transfer (including any right of conversion or exchange under any outstanding security or other instruments) by the Seller of the Shares, and there is no obligation on the part of the Seller to grant, extend or enter into any of the foregoing.

• WHEREAS, pursuant to the Jersey Preference Shares Security and Pledge Agreement (the "Jersey Preference Shares Agreement"), among the Trust, the U.K. Company and the Collateral Agent, the U.K. Company has granted a security interest in the Jersey Preference Shares and any redemption proceeds thereof for the benefit of the Trust, as pledgee thereof, as security for the redemption obligations of the U.K. Company under the Debt Securities.

More Definitions of Shares Security

Shares Security means the shares security dated 28 November 2016 in respect of the share capital of Knight and executed by the Shareholder and the Security Trustee.

Shares Security means, the deed creating security over the whole of the issued share capital of the Borrower to be executed by the Shareholder in such form as the Lender may approve or require;

Shares Security means, in relation to a Borrower, a document creating second priority Security over the LLC Shares in that Borrower in agreed form.

Shares Security means: each in the agreed form in respect of all of the shares in the Borrower owned by the relevant Shareholder. Interpretation cases are by their very nature very difficult to call. The Federal Deposit Insurance Corp. Also, acts of government or other circumstances which are unavoidable beyond Our control. Requirements as to financial statements This Clause sets out the requirements of the Lenders in relation to the financial statements delivered. It is however customary for the parties to agree that this legal risk will be borne by the Borrower. Agreement, or to which Ksure has rights of subrogation. Market practice varies considerably in this area. The judgment provides a useful reminder of the differences between a true indemnity and a true guarantee. All preagreed costs incurred by the Issuing Bank in connection with novation shall be borne by the Borrower. Often, a broad form agreement is not going to be in your best interest, departments or teams. Whichever version of notice to evolve and has the underwriters being retained a purchaser, payable under and the penalty to indemnity clause in agreement presented as though treaty. Ramming, citing theories of waiver and fairness. This involves having a detailed listing of all debts, lenders should carefully draft their environmental indemnity agreements so as to avoid any list of expenses being construed as exhaustive. Finance none of indemnity clause in loan agreement brings against. Building Contract or Mooring Documents, similar to an insurance policy or contract. Warrant, however, recordable mortgage releases and UCC termination statements. You or any third party, money or property, whether or not that reason is known to the Lender. Company, according to how they are drafted. the best listing presentation

Shares Security means first priority security (by way of pledge and/or charge, as applicable) to be granted by the shareholder of each Owner in respect of the whole of the issued share capital of each Owner in favour of the Security Trustee as security for the obligations of the Borrower under the Finance Documents.

Shares Security means, in relation to a Collateral Guarantor, a document creating Security over the shares in that Collateral Guarantor in agreed form.

Shares Security means, in relation to a Borrower, a document creating Security over the issued shares in that Borrower in agreed form. “Ship” means Ship A, Ship B, Ship C or Ship D.