Examples of New Share Charge in a sentence
Therefore, the transaction contemplated under the Loan Extension Agreement and the New Share Charge Agreement constitutes a connected transaction for the Company under Chapter 14A of the Listing Rules.
The Shares charged to the New Investor under the New Share Charge represent not less than 42.697% of the total issued and outstanding Shares of the Company on a Fully-Diluted Basis.
Pursuant to the Loan Extension Agreement, the New Share Charge Agreement shall be entered into by the parties to the Loan Extension Agreement within 30 business days from the date on which all the Conditions Precedent have been satisfied.
The transfer of enrollment may be to another program within the same contracting agency or to another agency that administers state or federally funded child care and development programs.
Please refer to the paragraph headed “The New Share Charge Agreement” below for details on the New Share Charge.
Pursuant to the New Share Charge Agreement, (i) the Share Charge provided by the Company in favour of Eastern Creation II in relation to the entire share capital of Beijing Investment Railway under the Share Charge Agreement shall be released; and (ii) the Remaining Loan shall be secured by the New Share Charge (i.e. the charge of the Company’s rights and interests as to 60% of the issued share capital of Great Legend) provided by the Company in favour of Eastern Creation II.
The principal terms of the New Share Charge Agreement are summarised as follows: Date: Any day within 30 business days from the date on which all the Conditions Precedent have been satisfied.
According to the 3rd Government Report of December 2009, medical care for the elderly aged 75 and older has improved with the adoption of the long-life medical care scheme (Report on Specific Rights, Article 9, 2 (2) (c)), and services for the elderly requiring care were also improved with the adoption of the long-term care insurance scheme (Comments on the General Provisions of the Covenant 7 (2)).
As certain applicable percentage ratios in respect of the transaction contemplated under the Loan Extension Agreement and the New Share Charge Agreement are more than 5% and the principal amount of the Remaining Loan exceeds HK$10 million, the Loan Extension Agreement and the New Share Charge Agreement are subject to reporting, announcement and Independent Shareholders’ approval requirements under Chapter 14A of the Listing Rules.
The AMOU represents the professional and industrial interests of tug Masters in Gladstone and other ports throughout Australia.