Common use of Secured Creditors Clause in Contracts

Secured Creditors. 14. (a) The names and addresses of the creditor(s) and the nature of secured interest held of Merger Sub are as follows: NAME ADDRESS Nature of Secured Interest [•] [•] Fixed and floating charge over the [Debt Service Reserve Account] pursuant to (and as defined in) an account charge dated [date] between Merger Sub as chargor and [name of Security Agent] as security agent on behalf of certain lenders (the “Security Agreement”) Merger Sub has obtained the consent to the Merger of each secured creditor which is a beneficiary of the security interests created under the Security Agreement, pursuant to section 233(8) of the Companies Act. Save for the above, Merger Sub has no secured creditors and has not granted any other fixed or floating security interests as at the date of this Plan of Merger; and

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Yan Rick), Agreement and Plan of Merger (51job, Inc.)

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Secured Creditors. 14. (a) The names and addresses of the creditor(s) and the nature of secured interest held of Merger Sub are as follows: NAME ADDRESS Nature of Secured Interest [¨] [¨] Fixed and floating charge over the [Debt Service Reserve Account] pursuant to (and as defined in) an account charge dated [date] between Merger Sub as chargor and [name of Security Agent] as security agent on behalf of certain lenders (the “Security Agreement”) Merger Sub has obtained the consent to the Merger of each secured creditor which is a beneficiary of the security interests created under the Security Agreement, pursuant to section 233(8) of the Companies Act. Save for the above, Merger Sub has no secured creditors and has not granted any other fixed or floating security interests as at the date of this Plan of Merger; and

Appears in 1 contract

Samples: Agreement and Plan of Merger (Yan Rick)

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Secured Creditors. 14. (a) The names and addresses of the creditor(s) and the nature of secured interest held of Merger Sub are as follows: NAME ADDRESS Nature of Secured Interest [•[ ] [•[ ] Fixed and floating charge over the [Debt Service Reserve Account] pursuant to (and as defined in) an account charge dated [date] between Merger Sub as chargor and [name of Security Agent] as security agent on behalf of certain lenders (the “Security Agreement”) Merger Sub has obtained the consent to the Merger of each secured creditor which is a beneficiary of the security interests created under the Security Agreement, pursuant to section 233(8) of the Companies Act. Save for the above, Merger Sub has no secured creditors and has not granted any other fixed or floating security interests as at the date of this Plan of Merger; and

Appears in 1 contract

Samples: Agreement and Plan of Merger (51job, Inc.)

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