Capital Ally definition
Examples of Capital Ally in a sentence
The Pledgor hereby pledges, grants a security interest in, assigns, transfers and delivers unto the Beneficiary and its successors and assignees all of such Pledgor’s right, title and interest in the share capital of Capital Ally either presently owned or hereafter acquired by such Pledgor (collectively, the “Pledged Interests”) as collateral security for the payment and performance by Capital Ally of any and all of its obligations under Loan Agreement (the “Pledge”).
This Agreement is made and the Pledge herein is given to secure Capital Ally’s payment of all obligations, liabilities and indebtedness of Capital Ally to the Beneficiary pursuant to the terms of the Loan Agreement (collectively, the “Obligations”).
US$14,885,155 and US$6,643,673 shall be payable to Capital Ally and Arch, respectively, on or prior to March 31, 2010 (the “Subsequent Cash Payment”).
Capital Ally is owned as to approximately 5,000 ordinary shares of US$1.00 by GM Investment Company Limited and 5,000 ordinary shares of US$1.00 by Style Technology Development Limited (collectively, the “Interests”).
If to Capital Ally, to: Capital Ally Investments Limited 48/F, Bank of China Tower 1 ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇ Attention: K▇▇ ▇▇▇▇▇/Kong K▇▇ ▇▇ Fax: (▇▇▇) ▇▇▇▇ ▇▇▇▇ If to Arch, to: Arch Digital Holdings Ltd.
In making its decision to sell the Capital Ally Shares or Arch Shares, as the case may be, pursuant to this Agreement, such Seller has not requested, or been furnished with, or relied on any information concerning Pypo China, its subsidiaries or Capital Ally Shares or Arch Shares, as the case may be, provided to such Seller by Pypo China or its subsidiaries other than as expressly set forth under this Agreement.
US$700,000 and US$300,000 shall be payable to Capital Ally and Arch, respectively, on the Closing Date (the “Closing Cash Payment”).
Capital Ally has executed an equity pledge agreement in favour of Pypo (the “Equity Pledge Agreement”), pursuant to which Capital Ally pledges the Interests as collateral for all payments due under the Loan Agreement.
Pypo is owned as to 182,700,000 ordinary shares of US$0.0001 by Capital Ally and 90,000,000 ordinary shares of US$0.0001 by ARCH.
The Capital Ally Shares or Arch Shares, as the case may be, are not subject to any voting trust or other agreement relating to the voting thereof.