Common use of Related Assets Clause in Contracts

Related Assets. The Company shall, promptly upon (and in any event within thirty days of) the accrual, offer, issue or payment of any Related Assets, deliver or pay to Elegance or procure the delivery or payment to Elegance of: (a) all such Related Assets and/or the share certificates, renounceable certificates, letters of allotment, documents of title and other documentary evidence of ownership in relation to them; and (b) stock transfer forms (or such other instruments of transfer as may be required from time to time by Elegance in respect of any Company Shares comprised in such Related Assets duly executed by the Company or (if appropriate) its nominee in whose name such shares are registered with the name of the transferee left blank and the transfer form left undated and unregistered.

Appears in 2 contracts

Sources: Charge Over Shares (Elegance Brands, Inc.), Charge Over Shares (Elegance Brands, Inc.)