Stock Borrowing Agreement definition
Examples of Stock Borrowing Agreement in a sentence
The 4,745,300 Shares available for loan by the Lender to the Borrower in accordance with the terms of the Stock Borrowing Agreement have been duly authorized and validly issued, are fully paid and nonassessable, and will be delivered by the Lender in accordance with the terms of the Stock Borrowing Agreement.
Any liabilities, expenses (including without limitation stock borrowing expenses and any expenses which the Stabilizing Manager has agreed to reimburse to the Lender in accordance with the terms of the Stock Borrowing Agreement) and losses arising from stabilization activities and transactions effected by the Stabilizing Manager or any person acting for it as stabilizing manager [shall be borne equally] among the Joint Representatives.
One original of the signing page to the Stock Borrowing Agreement signed by Konew Fintech.
In order to facilitate settlement of over-allocations (if any) in connection with the Placing, Corn Oil Luxembourg and Sanxing Trade, being our Controlling Shareholders and the Lead Manager will enter into the Stock Borrowing Agreement, whereby the Lead Manager may borrow subject to the terms of the Stock Borrowing Agreement, up to 26,250,000 Shares, in order to cover over-allocations in connection with the Placing, if any.
Following the completion of the Global Offering, the Hong Kong Underwriter and their affiliated companies may hold a certain portion of the Shares as a result of fulfilling their obligations under the Underwriting Agreements and the Stock Borrowing Agreement.