Share Charges definition
Examples of Share Charges in a sentence
A copy of the Instrument, the Deed of Guarantee, the Share Charges, the Debentures and the Security Trust Deed shall be made available to each Bondholder on request in writing to the Issuer.
Since the Original Lender is a connected person of the Company, the Share Charges constitute financial assistance provided by the Company to a connected person at the subsidiary level.
The Bonds are subject to, and have the benefit of, the Instrument, the Deed of Guarantee, the Share Charges, the Debentures and the Security Trust Deed.
Upon the earlier of (i) the Conversion Date (as defined in the Notes) and (ii) the date on which the Secured Liabilities have been irrevocably and unconditionally paid and discharged in full, the Security Agent shall release the Share Charges and the Account Charge in accordance with Section 15.1 of the Share Charge Agreements and Section 15.1 of the Account Charge Agreement.
In light of the above, the transactions contemplated under the Share Charges are subject to the reporting and announcement requirements under Chapter 14A of the Listing Rules, but are exempt from the circular, independent financial advice and shareholders’ approval requirements pursuant to Rule 14A.101 of the Listing Rules.