Common use of Single Purpose Collective Shareholding Vehicle Clause in Contracts

Single Purpose Collective Shareholding Vehicle. 4.1 All interests in AsiaSat held through the Company None of the parties and their respective subsidiaries or Associates will, except with the written consent of GEC and CITIC or as a result of the Privatisation or any mandatory offer for AsiaSat made in accordance with the provisions of Clauses 9.2.5 or 14.1, at any time during the continuance of this Agreement, acquire or hold any interest in any AsiaSat Shares other than AsiaSat Shares held from time to time by the Company. All interests in AsiaSat Shares (other than any held by Bidco) of the parties and/or their respective subsidiaries and Associates shall be held through the Company, except for any such shares that are held for the account of a pension fund or other third party in accordance with the provisions of Clause 20.

Appears in 3 contracts

Samples: Shareholders’ Agreement (AsiaCo Acquisition LTD), Shareholders’ Agreement (General Electric Capital Corp), Shareholders’ Agreement (CITIC Group)

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Single Purpose Collective Shareholding Vehicle. 4.1 3.1 All interests in AsiaSat held through the Company None of the parties and their respective subsidiaries or Associates will, except with the written consent of GEC and CITIC or as a result of the a Privatisation or any mandatory offer for AsiaSat made in accordance with the provisions of Clauses 9.2.5 8.2.4 or 14.113.1, at any time during the continuance of this Agreement, acquire or hold any interest in any AsiaSat Shares other than AsiaSat Shares directly and indirectly held from time to time by the Company. All interests in AsiaSat Shares (other than any held by Bidco) of the parties and/or their respective subsidiaries and Associates shall be held through the Company, Company except for any such shares that are held for the account of a pension fund or other third party in accordance with the provisions of Clause 2019.

Appears in 2 contracts

Samples: General Electric Capital Corp, CITIC Group

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