Borrower Share Pledge definition

Borrower Share Pledge means the first priority pledge agreement in respect of the whole of the membership interests in the Borrower executed or to be executed by the Shareholder in favour of the Facility Security Trustee, in the Agreed Form.

Borrower Share Pledge means the agreement in respect of the pledge over the entire issued share capital of the Borrower entered between the shareholders of the Borrower and the Security Agent substantially in the form of Exhibit C hereto.

Borrower Share Pledge means the Russian law governed pledge in respect of certain shares in the Borrower granted by Mechel Mining in favour of the Joint & Several Creditor dated 10 September 2010 (as amended on or about the Designated Date).

Examples of Borrower Share Pledge in a sentence

• A replacement Borrower Share Pledge and/or, as the case may be, the Bareboat Charterer Share Pledge, to be given by the shareholders of the Borrower and/or, as the case may be, the Bareboat Charterer, in substantially identical form to the initial Borrower Share Pledge and/or, as the case may be, the Bareboat Charterer Share Pledge, and all ancillary documents to be delivered pursuant thereto.

• ASIA 20421235 (2K) 26 Share Pledge and (b) grant and perfection of the Lien created or intended to be created under or evidenced by the Borrower Share Pledge, in each case of (i) and (ii), by February 28, 2015, or such authorization in the case of (ii) is overturned on appeal.

• Once BEST Freight Reorganization has closed by the Final Maturity Date, then upon the Borrower’s written notice, the Lender shall cooperate with BEST Logistics Hong Kong in terminating the Borrower Share Pledge Agreement and cancelling all share pledge registrations related thereto within ten (10) Business Days.

• The constitutional documents of the Borrower do not and could not restrict or inhibit any transfer of those shares on creation or enforcement of the Borrower Share Pledge.

• The Administrative Agent and the Collateral Agent may enter into (a) the Intercreditor Agreement, and/or (b) any Borrower Share Pledge or any other agreements, certificates or other documents in connection therewith.

More Definitions of Borrower Share Pledge

Borrower Share Pledge means the pledge over the shares in the Borrower granted by the Parent in favour of the Lender under a notarial deed of pledge of shares in the Borrower between the Lender as pledgee and the Parent as pledgor dated on or about the date of this Agreement.

Borrower Share Pledge means the New York law share pledge to be granted by the Borrower in favour of the Finance Parties (whether directly or indirectly through an agent or trustee acting for and on behalf of the Finance Parties) pursuant to which a pledge is created over all of the Borrower’s shareholding in the Target, as security, among other things, for the discharge of the Secured Liabilities

Borrower Share Pledge means the first priority pledge agreement in respect of all of the shares in the Borrower executed or to be executed by the Shareholder in favour of the Facility Security Trustee, in the Agreed Form. Brazilian Certification and Registration Requirements means, in relation to a Facility Document:

Borrower Share Pledge means the share pledge over the whole of the issued share capital of the Borrower executed or to be executed by Constellation in favour of the Security Trustee;

Borrower Share Pledge means a pledge of all of the Equity Interests of the Borrower by the relevant Pledgor in favor of the Security Trustee, in substantially the form of Exhibit J, or any other form approved by the Facility Agent;

Borrower Share Pledge shall have the meaning assigned to such term in Section 5.15.

Borrower Share Pledge means the Luxembourg law security interest agreement granting security over the shares in the Borrower in favour of the Security Agent entered into by the Parent, the Security Agent and in the presence of the Borrower in an agreed form.