Collateral Shares definition

Collateral Shares means any Shares held in the Collateral Accounts.

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Collateral Shares means any Shares held in or credited to any Collateral Account.

Collateral Shares means, as of any date, all units of Underlying Equity pledged to the Collateral Agent and credited to the Collateral Account hereunder as of such date.

Examples of Collateral Shares in a sentence

Borrower shall comply (i) in all material respects, with the requirements of all applicable Laws, all orders, writs, injunctions and decrees applicable to it or its property, and (ii) in all respects with, its Organization Documents, the Organization Documents and all policies of Issuer (to the extent applicable to Borrower) and all Transfer Restrictions applicable to the Collateral Shares.
Borrower shall not, and Borrower shall procure that each of its Affiliates (other than Issuer or any of its Subsidiaries) shall not, directly or indirectly, grant, or suffer to exist, any Lien on any Shares that do not constitute Collateral Shares to secure any obligation of Borrower or any Affiliate thereof.
Borrower shall not take any action that would impair any Applicable Lender's security interest in the Collateral Shares or its ability to exercise remedies against such Collateral Shares (including without limitation by imposing any Transfer Restriction or Restrictive Condition on the Collateral Shares, or entering into any shareholders' agreement).
To facilitate a sale of Collateral Shares pursuant to this Section 2.06(d)(i), each Applicable Lender shall release its Lien over the Collateral Shares being sold immediately upon its receipt of the related Required Sale Proceeds Amount, and shall, if required, enter into any escrow or other arrangement reasonably satisfactory to such Applicable Lender with the broker or dealer through whom such Shares are being sold.
Borrower shall not tender any Collateral Shares in any exchange offer (including, without limitation, a Split-off) without the consent of each Lender, which consent shall not be unreasonably withheld or delayed.

More Definitions of Collateral Shares

Collateral Shares the Shares held in the Accounts;

Collateral Shares means those Shares issued to the Investor or its nominee in accordance with clause 3.1;

Collateral Shares means any Shares fiducially assigned pursuant to the Shares Security Agreement (which shall be the “Fiduciarily Assigned Shares”, under and as defined in the Shares Security Agreement) and not released under the Collar Loan Documentation.

Collateral Shares means, at any time, the units of Underlying Equity pledged to the Lender Parties and credited to the Collateral Account at such time to secure the Obligations.

Collateral Shares means, from the Closing Date until the Outstanding Purchase Price has been paid in full, 1,044,386,423 AA Shares as released from time to time for prepayments of the Outstanding Purchase Price on a $0.958 per AA Share basis.

Collateral Shares means the 17,000,000 (seventeen million) Shares issued to or made available by Company to the Option Holder in accordance with clause 14 of this deed.”

Collateral Shares means (i) any Preferred Shares and/or (ii) any Common Shares issued upon conversion of the Preferred Shares, in each case credited to any Collateral Account.