Charge Over definition
Examples of Charge Over in a sentence
Allseas has good and marketable title to the deposit account described in the Allseas Charge Over Cash Deposit and all Collateral related thereto.
This Charge Over Shares amends, restates and supersedes the Existing Charge Over Shares; provided, that (i) the Liens in favor of Administrative Agent for the benefit of Lenders securing payment of the Obligations are in all respects continuing and in full force and effect with respect to all Obligations and (ii) all references in the other Credit Documents to the Existing Change Over Shares shall be deemed to refer without further amendment to this Charge Over Shares.
The Administrative Agent shall not be obliged to check the nature or sufficiency of any payment received by it under this Charge Over Shares or to preserve, exercise or enforce any right forming part of, or relating to, any Collateral.
None of the terms or provisions of this Charge Over Shares may be waived, amended, restated, supplemented or otherwise modified except in accordance with subsection 10.1 of each of the Credit Agreements.
Signature of the Charge Over Shares in Nu Holdings Ltd., included herein in the form of Annex 6.2(xiii)(1), whereby the Easynvest Shareholders shall pledge the percentages indicated in “Annex 6.2(xiii)(2)” of the Nubank Shares on behalf of the Investor in order to guarantee any Losses in connection with this Agreement and that have been incurred by any Investor Indemnified Party (“Charge Over Shares in Nu Holdings Ltd.”).
Except for the security interest and charge granted to the Administrative Agent for the ratable benefit of the Agents and the Lenders pursuant to this Charge Over Shares and the other Liens permitted to exist on the Collateral by the Credit Agreements, the Borrower owns each item of the Collateral free and clear of any and all Liens or claims of others.
Any provision of this Charge Over Shares which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.
This Charge Over Shares may be executed by one or more of the parties to this Charge Over Shares on any number of separate counterparts (including by facsimile transmission), and all of said counterparts taken together shall be deemed to constitute one and the same instrument.
In the event that there is a dispute as to the charge or pledge of the Charged Shares, and a court of competent jurisdiction determines that the laws of the State of New York shall govern such dispute, then the New York Law Pledge Agreement shall control such dispute as to the Charged Shares; provided that, if such a court determines that the laws of England and Wales shall govern such dispute, then this Charge Over Shares shall control such dispute as to the Charged Shares.
The terms of Sections 5.1(a) and 5.5 of the Charge Over Shares shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Section 5.1(a) or 5.5 of the Charge Over Shares.