Pledge of Shares definition

Pledge of Shares means a pledge of the Shares to be executed by the Guarantor in favour of the Security Agent (on behalf of the Finance Parties and the Hedging Banks) in form and substance satisfactory to the Security Agent (on behalf of the Finance Parties and the Hedging Banks).
Sample 1Sample 2Sample 3
Pledge of Shares means the first priority pledge in favour of the Owners over all shares and equity interest of the Charterers (together with (to the extent legally possible) inter alia, letters of resignation from the current directors and officers and covenants to obtain such from future directors and officers) in such form and substance as acceptable to the Owners;
Sample 1Sample 2Sample 3
Pledge of Shares the agreement entitled “Pledge of Shares Agreement” to be entered into among the Borrower, VAALCO International and IFC and in form and substance satisfactory to IFC, pursuant to which all of the issued and outstanding shares of the Borrower are pledged to IFC as security for the Loans; “Potential Eventof Default” any event or circumstance which would, with notice, lapse of time, the making of a determination or any combination thereof, become an Event of Default;
Sample 1

Examples of Pledge of Shares in a sentence

  • The selected year/month cannot be prior to the selected predesign start year and month.

  • Please see the Contractual Liens & Pledge of Shares; Cross-Collateralization paragraph for additional information on those separate rights that you have granted to us.

  • The obligations of the Company to deliver the GMA shares on exercise of the right contained in the PDRs are secured by the Pledge of Shares in favor of the Pledge Trustee acting on behalf of each holder of a PDR over the GMA shares.

  • Deed of Pledge of Shares dated October 21, 2008 among UniCredit Corporate Banking S.p.A., Arcotronics Italia S.p.A. and Arcotronics Industries S.r.l. (English translation) (incorporated by reference to Exhibit 99.4 to the Company’s Current Report on Form 8-K dated October 21, 2008).

  • On 10/09/2009 the plaintiff and the defendant entered into an agreement for sale of the flat in the first floor of the building, being Deed No 2343 of 2009.


More Definitions of Pledge of Shares

Pledge of Shares means a first priority share pledge of all the shares of the Owner in the Seller executed by the Seller in favor of DVB Bank SE as Security Trustee through a shares security deed dated 1st September 2017 (the “Shares Security Deed”).
Sample 1
Pledge of Shares means the pledge of shares as required by Schedule 9 (Security Documents) and as set out in Exhibit E.
Sample 1Sample 2
Pledge of Shares means any of them.
Sample 1
Pledge of Shares means a pledge of all the shares in a Borrower as required by Clause 15.1 (f) (Security Documents) and as set out in Exhibit F.
Sample 1
Pledge of Shares means the pledge agreement appended to this Agreement as Exhibit 4;
Sample 1
Pledge of Shares the agreement entitled "Amended and Restated Pledge of Shares Agreement" dated May 31, 2002 and amended and restated as of August 23, 2002 among the Sponsor, VII and IFC;"; "'Subordination and Share Retention Agreement' the agreement entitled "Amended and Restated Subordination and Share Retention Agreement" dated May 10, 2002 and amended and restated August 23, 2002 among the Borrower, VII, the Sponsor, NIC and IFC;"; and "'Sponsor' VAALCO Energy, Inc., a corporation organized and existing under the laws of Delaware;";
Sample 1
Pledge of Shares means first priority share pledges of all the shares of the Shareholder in the Seller and the Owner in the Shareholder executed by the Seller and the Shareholder respectively in favor of Nordea Bank as per the relevant deeds of pledge dated 27th November 2014 and 18th August 2015 respectively (hereinafter collectively called the "Pledge of Shares").
Sample 1