Common use of Shareholding Clause in Contracts

Shareholding. CSM is (either directly or through any one or more of its wholly-owned subsidiaries) the legal and beneficial owner of at least 51 per cent. of the issued share capital of the Borrower and Singapore Technologies Pte Ltd is (either directly or through any one of more of its wholly-owned subsidiaries) the legal and beneficial owner of at least 51 per cent. of the issued share capital of CSM;

Appears in 4 contracts

Sources: Loan Agreement (Chartered Semiconductor Manufacturing LTD), Shareholders Undertaking (Chartered Semiconductor Manufacturing LTD), Loan Agreement (Chartered Semiconductor Manufacturing LTD)

Shareholding. CSM is (either directly or through any one or more of its wholly-owned subsidiaries) the legal and beneficial owner of at least 51 per cent. of the issued share capital of the Borrower and Singapore Technologies Pte Ltd is (either directly or through any one of more of its wholly-owned subsidiaries) the legal and beneficial owner of at least 51 per cent. of the issued share capital of CSMBorrower;

Appears in 2 contracts

Sources: Shareholders Undertaking (Chartered Semiconductor Manufacturing LTD), Loan Agreement (Chartered Semiconductor Manufacturing LTD)

Shareholding. (a) CSM is and will be (either directly or through any one or more of its wholly-owned subsidiaries) the legal and beneficial owner of at least 51 per cent. of its issued share capital and Singapore Technologies Pte Ltd is and will be (either directly or through any one or more of its wholly-owned subsidiaries) the legal and beneficial owner of at least 51 per cent. of the issued share capital of the Borrower and Singapore Technologies Pte Ltd is (either directly or through any one of more of its wholly-owned subsidiaries) the legal and beneficial owner of at least 51 per cent. of the issued share capital of CSM;; and

Appears in 1 contract

Sources: Loan Agreement (Chartered Semiconductor Manufacturing LTD)