Share Charges Sample Clauses

Share Charges at any time during the Security Period, execute or procure the execution in favour of the Agent of a Share Charge with respect to any Owner and the Borrower agrees, if and when required to do so by the Agent (as instructed by the Banks), promptly to execute or to procure the execution and delivery to the Agent of all documents which the Agent may require to obtain the full benefit of such charges over all of the issued shares in the capital of the Owners;
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Share Charges. The Founder and the Company shall procure that each of the entities listed on the Schedule H, as the chargor (collectively the “Chargors”), enter into a share charge agreement and other documents pursuant to such share charge agreement (collectively the “Share Charge Agreements”) with the Security Agent on or around the date hereof, to create security over 1,161,080,000 ordinary shares of a par value of US$0.0000001 each in the Company held by the Chargors collectively, as a continuing security for the payment and discharge of the Secured Liabilities in favour of the Security Agent (as security agent for the Secured Parties, including but not limited to the Investors) (collectively, the “Share Charges”). The Founder and the Company shall further procure such Share Charges to be registered with the register of charges of the respective Chargors and the Registrar of Corporate Affairs of the British Virgin Islands appointed under section 229 of the BVI Business Companies Act, 2004 (as amended) of the British Virgin Islands and procure all documents listed in clauses 6.1(a) and 6.1(b) therein to be delivered to/ deposited with the Security Agent or its nominee, each in accordance with the Share Charge Agreements.
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Share Charges. (i) the Share PledgesCharges duly executed by all parties thereto (other than the Security Trustee) and all requirements thereunder fully satisfied including, without limitation, the delivery of the Borrower’s share certificates and all irrevocable proxies to the Security Trustee;
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Share Charges. The Original Lender requested the Company to provide security for certain unsecured loans with a total principal of RMB675,000,000 which were previously advanced by one of the Project Companies ( 清 遠 聯 投 置 業 有 限 公 司(Qingyuan Liantou Property Co., Ltd.*)) to Sunshine 100 Group (the “Qingyuan Loans”), since the Original Lender has only 45% indirect holding in the Project Companies. The Qingyuan Loans were evidenced by a confirmation letter between 清 遠 聯 投 置 業 有 限 公 司 and Sunshine 100 Group dated 28 December 2018 (the “Confirmation Letter”). Both the Qingyuan Loans and any future loans advanced by any Project Companies to Sunshine 100 Group will be secured by the Share Charges. As disclosed under the paragraph headed “Security” above, on 31 January 2019, Keyasia as xxxxxxx entered into a share charge with the Original Lender as chargee with respect to Xxxxxxx’s 55% shareholding in Xxxxx Xxx. Xxxxx Xxx as chargor entered into (1) a share charge with the Original Lender as chargee with respect to Xxxxx Xxx’x 100% shareholding in Lofty Talent Limited ( 崴駿有限公司) and (2) a share charge with the Original Lender as chargee with respect to Xxxxx Xxx’x 100% shareholding in Eminent Star Group Limited ( 卓星集團有限公司). The principal terms of the three Share Charges are substantially the same and are set out below:
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Share Charges relating to China Gateway HK, ChemExplorer HK, ChemPartner Europe and ChemPartner USA (together with all ancillary documents relating thereto);
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Share Charges. The payment obligations of the Buyer under the Agreement in respect of the Consideration will be secured by the Share Charges to be executed by the Buyer and Earn Harvest at Completion in favour of the Seller over the entire issued share capital of each of Earn Harvest and Power Tact, respectively. The Share Charges will be discharged following full payment by the Buyer of the Consideration.
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Share Charges a. Share Pledge Agreement entered into by Maersk Drilling A/S as Pledgor relating to the shares in Maersk Drilling Deepwater A/S and Danmarks Skibskredit A/S as Security Agent on 12 December 2018.
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Share Charges. As disclosed in the announcement dated 27 September 2017 and the circular dated 28 November 2017 of the Company, among other things, the Borrower and Firewave entered into the shareholders’ agreements for the operation of each of Huge Source, Progress Link and Shine Long to engage in the investment and operation of the Material Property. As of the date of this announcement, each of Huge Source, Progress Link and Shine Long is a joint venture between the Group and Metro held by the Borrower and Firewave as to 70% and 30%. As security for performance by the Borrower of its payment obligations under the Secured Facility Agreement, on 26 October 2018, the Borrower executed the Share Charges in favour of the Security Agent whereby 70% of the issued share capital (or issued shares, as applicable) held by the Borrower in each of Huge Source, Progress Link and Shine Long shall be charged in favour of the Security Agent. Save for (i) the identity of the subject company the shares of which are to be charged; and (ii) Huge Source is a limited liability company incorporated in Hong Kong while each of Progress Link and Shine Long is a limited liability company incorporated in the BVI, all salient terms of each of the Share Charges are substantially similar which are set out as follows: Date: 26 October 2018
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Related to Share Charges

  • Service Charges No service charge shall be made for any exchange or registration of transfer of Warrants.

  • Overdue Charges If any invoiced amount is not received by Us by the due date, then without limiting Our rights or remedies, (a) those charges may accrue late interest at the rate of 1.5% of the outstanding balance per month, or the maximum rate permitted by law, whichever is lower, and/or (b) We may condition future subscription renewals and Order Forms on payment terms shorter than those specified in Section 6.2 (Invoicing and Payment).

  • Share Consideration (a) At the Closing, the Limited Partners other than those Limited Partners who vote against the Merger and affirmatively elect to receive notes (the "Note Option") will be allocated American Spectrum Common Shares (the "Share Consideration") in accordance with the final Prospectus/Consent Solicitation Statement included in the Registration Statement.

  • RENT AND CHARGES Each Lessee will pay Rent and certain other charges on a monthly basis as set forth in this Section 5:

  • Rates and Charges 6.3.1 Wholesale discounts for resold Telecommunications Services offerings are provided in Exhibit A. The Telecommunications Services offerings available for resale but excluded from the wholesale pricing arrangement in the Agreement are available at the retail Tariff, price list, catalog, or other retail Telecommunications Services offering rates. Telecommunications Services available for resale with or without a wholesale discount are subject to Commission-approved change, and any such changes shall apply from the effective date of such change on a going-forward basis only.

  • Charges, Taxes and Expenses Issuance of Warrant Shares shall be made without charge to the Holder for any issue or transfer tax or other incidental expense in respect of the issuance of such Warrant Shares, all of which taxes and expenses shall be paid by the Company, and such Warrant Shares shall be issued in the name of the Holder or in such name or names as may be directed by the Holder; provided, however, that in the event that Warrant Shares are to be issued in a name other than the name of the Holder, this Warrant when surrendered for exercise shall be accompanied by the Assignment Form attached hereto duly executed by the Holder and the Company may require, as a condition thereto, the payment of a sum sufficient to reimburse it for any transfer tax incidental thereto. The Company shall pay all Transfer Agent fees required for same-day processing of any Notice of Exercise and all fees to the Depository Trust Company (or another established clearing corporation performing similar functions) required for same-day electronic delivery of the Warrant Shares.

  • Service Charge The Tenant must pay the Service Charge in accordance with Part 1 of Schedule 3. VAT The Tenant must pay: VAT on any consideration in respect of a VAT Supply to the Tenant by the Landlord at the same time as the consideration is paid; and on demand VAT (and interest, penalties and costs where these are incurred because of anything the Tenant does or fails to do) charged in respect of any VAT Supply to the Landlord in respect of the Premises where that VAT is not recoverable by the Landlord from HM Revenue & Customs. The Tenant must not do anything that would result in the disapplication of the option to tax in respect of the Landlord’s interest in the Estate. Interest on overdue payments The Tenant must pay interest on the Rents and on all other sums not paid on or by the due date (or, if no date is specified, not paid within 10 Business Days after the date of demand). Interest will be payable at the Interest Rate for the period starting on the due date (or date of demand) and ending on the date of payment. Reimburse costs incurred by the Landlord The Tenant must pay on demand the Landlord’s costs (including legal and surveyor’s charges and bailiff’s and enforcement agent’s fees) and disbursements in connection with: any breach of the Tenant’s obligations in this Lease, including the preparation and service of a notice under section 146 of the 1925 Act; any application by the Tenant for consent under this Lease, whether that application is withdrawn or consent is granted or lawfully refused, except in cases where the Landlord is required to act reasonably and the Landlord unreasonably refuses to give consent; [and] [carrying out works to the Premises to improve their Environmental Performance where the Tenant, in its absolute discretion, has consented to the Landlord doing so; and]44 the preparation and service of a schedule of dilapidations served no later than six months after the End Date. Third party indemnity45 The Tenant must indemnify the Landlord against all actions, claims, demands made by a third party, all costs, damages, expenses, charges and taxes payable to a third party and the Landlord’s own liabilities, costs and expenses incurred in defending or settling any action, claim or demand in respect of any personal injury or death, damage to any property and any infringement of any right, in each case arising from: the state and condition of the Premises or the Tenant’s use of them; the exercise of the Tenant’s rights; or the carrying out of any Permitted Works. In respect of any claim covered by the indemnity in clause 4.7.1, the Landlord must: give formal notice to the Tenant of the claim as soon as reasonably practicable after receiving notice of it; provide the Tenant with any information and assistance in relation to the claim that the Tenant may reasonably require and the Landlord is lawfully able to provide, subject to the Tenant paying to the Landlord all costs incurred by the Landlord in providing that information and assistance; and mitigate its loss (at the Tenant’s cost) where it is reasonable for the Landlord to do so.

  • Charges to Accounts Silicon may, in its discretion, require that Borrower pay monetary Obligations in cash to Silicon, or charge them to Borrower's Loan account, in which event they will bear interest at the same rate applicable to the Loans. Silicon may also, in its discretion, charge any monetary Obligations to Borrower's Deposit Accounts maintained with Silicon.

  • Fully Paid Stock; Taxes The Company agrees that the shares of the Common Stock represented by each and every certificate for Warrant Shares delivered upon the exercise of this Warrant shall, at the time of such delivery, be validly issued and outstanding, fully paid and nonassessable, and not subject to preemptive rights, and the Company will take all such actions as may be necessary to assure that the par value or stated value, if any, per share of the Common Stock is at all times equal to or less than the Warrant Price. The Company further covenants and agrees that it will pay, when due and payable, any and all federal and state stamp, original issue or similar taxes which may be payable in respect of the issuance of any Warrant Share or certificate therefor.

  • Public Charges 3.06.1 Any anonymous or unsubstantiated public complaint shall not be used in a member’s evaluation or included in a member’s personnel file. If the administration decides that a complaint received about a member is not serious enough to warrant a meeting with the member, subsequent evaluations shall contain no reference to the complaint.

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