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 the Shares held in the Accounts;

Examples of Collateral Shares in a sentence

The indemnification, expense, and procedural provisions of Sections 4.10(e) through (g) shall apply mutatis mutandis to any registration of the Collateral Shares.
Within two (2) Business Days after the Closing, the Company shall arrange for the pledge of 1,365,314 restricted Common Stock to the Purchaser as collateral security (the “Collateral Shares”) pursuant to the Guarantee and Pledge Agreement (the “Pledge Agreement”) in the form attached hereto as Exhibit B, and shall deliver to the Purchaser evidence that the pledge of the Collateral Shares has been perfected in favor of the Purchaser.
The Company acknowledges that the Collateral Shares are restricted securities within the meaning of Rule 144 under the Securities Act and that, upon any transfer of such shares to the Purchaser (whether by foreclosure, UCC sale, or otherwise upon an Event of Default under the Pledge Agreement), the Purchaser may not be able to resell such shares without registration or an available exemption.

More Definitions of Collateral Shares

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.

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 (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, collectively, any Collateral A Shares and Collateral B Shares.

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.”