Examples of SINA Shares in a sentence
Notwithstanding the foregoing, the Company may effect the payment of the Total Accrued Loan Amount and the Sale of SINA Shares sufficient to realize proceeds to pay the Total Accrued Loan Amount, on a date that is prior to or following the Permitted Sale Period subject to the prior written consent of the Management Majority and each of the PE Shareholders.
Borrower will not lend money or credit or make advances to any Person, or purchase or acquire any stock, obligations or Securities of, or any other interest in, or make any capital contribution to, any other Person, except for acquisition of the SINA Shares in accordance with the Subscription Agreement, and the distributions in respect thereof and cash and cash equivalents.
Within ten (10) Business Days following the Closing Date, Borrower shall deliver to Lender a replacement original certificate evidencing the SINA Shares which shall bear a restrictive legend identical to Certificate No. S2606 delivered on the Closing Date, except that the word “pledged” shall be deleted therefrom.
Custodian agrees and acknowledges that it shall hold all SINA Shares and other Securities (which shall expressly exclude any Cash) standing to the credit of the Collateral Account at any time and from time to time (including, without limitation, the proceeds thereof that consist of Securities) upon trust for Pledgor subject to the rights conferred upon Secured Party by this Agreement and by law.
Other than as expressly provided below and in Section 10.1, no SINA Shares shall be distributed by the Company to any Shareholder until the earlier of (i) the Second Anniversary Date and (ii) the date on which all of the Financed Shares have been sold by the Company in accordance with Article V.
Borrower shall not (i) engage in any activity other that acquiring and holding the SINA Shares, and activities incidental thereto or otherwise contemplated herein, or (ii) acquire or own any material assets other than the SINA Shares, and property incidental thereto.
Engage or agree to engage, directly or indirectly, in any activity or business other than activities or business reasonably necessary, advisable or incidental to holding, distributing, or effecting the Sale of all or any part of the SINA Shares.
The creation of any Encumbrance with respect to assets of the Company, including the SINA Shares, other than as imposed by operation of Law or pursuant to the Margin Loan Agreement and the other documents and agreements relating thereto.
Borrower will use the proceeds of the Advance solely for the acquisition of the SINA Shares to be held in the Collateral Account and the fees and expenses of the Borrower related thereto.
As promptly as practical after the date hereof, each of the parties hereto shall make all filings, notices, petitions, statements, submissions of information or submission of other documents required (including any amendments thereto) by the Securities Act, the Exchange Act or otherwise required by the SEC in connection with the purchase of the Shares and the purchase by the Company of the SINA Shares, including, without limitation Section 13(d) of the Exchange Act.