First Priority Share Charge definition

First Priority Share Charge means the first ranking share charge dated on or about the date of this Deed and entered into between the Chargor, as chargor and JPMorgan Chase Bank, N.A. as administrative agent.
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Examples of First Priority Share Charge in a sentence

  • First Priority Share Charge between the Issuer and the Security Agent over the shares of USG.

  • First Priority Share Charge between Holdings and the Security Agent over the shares of UMS Holdings.

  • Except as provided in this Deed including, without limitation, Clause 3.2 (Disposal) and save in respect of the First Priority Share Charge, the Chargor has not assigned, transferred or otherwise disposed of the Charged Assets (or its right, title and interest to or in the Charged Assets), either in whole or in part, nor agreed to do so, and will not at any time do so or agree to do so (except as permitted by the Indenture Documents).

  • Except for the Charges, and as provided in this Deed or the First Priority Share Charge, and as otherwise permitted under the Indenture Documents, no Security exists on or over the Charged Assets.

  • Pursuant to the Indenture, the Chargor, as the issuer (the “Issuer”) has issued US$430,000,000 in aggregate principal amount of its 10.00% senior secured second-priority notes due 2014, secured by way of security granted by the Chargor on the terms and conditions contained in the Indenture Documents (as defined below), subject only to the prior ranking security created by the First Priority Share Charge (as defined below).