Share Pledge definition

Share Pledge means, in relation to the Borrower and each Vessel Owner, each first priority charge, pledge or mortgage or equivalent over the shares in the Borrower or Vessel Owner (as the case may be) to be given by: (a) in the case of the Borrower, the Guarantor; and (b) in the case of each Vessel Owner, the Borrower, in each case in favor of and in form and substance satisfactory to the Security Trustee and “Share Pledges” means all such share pledges.
Share Pledge means the share pledge for the benefit of the Lender in respect of all of the SouFun Purchased Shares held by the Borrower, substantially in the form as set forth in Exhibit B hereto; and equity securities to be pledged under the Security Documents are herein collectively referred to as “Pledged Securities“.
Share Pledge means any one of them.

Examples of Share Pledge in a sentence

  • A Shareholders Agreement and a Share Pledge Agreement for the block sale of the Company were signed on 14 November 2005 and then after, OTAŞ became the parent company of the Company.

  • The Agent shall be obliged to release the security interest under the relevant Share Pledge Agreement simultaneously with the receipt of such net proceeds on the Deposit Account.

  • In addition, if any share transfer is contemplated under the Exclusive Option Agreement and the Share Pledge Agreement that Ms. Yao enters into for the benefits of Cogobuy E-commerce or its affiliate, the attorney-in-fact shall have the right to sign the share transfer agreement and other relevant agreements and to perform all shareholder obligations under the Exclusive Option Agreement and the Share Pledge Agreement.

  • Notwithstanding anything to the contrary herein or in the Trust Note or the Share Pledge Agreement contained or implied, if a Default or Event of Default occurs with respect to the Trust Loan by the Trust, the value of Trust assets transferred in satisfaction thereof shall not exceed the amount of such default.

  • Since the effective date of this Agreement, the Original Share Pledge Agreement shall be terminated and shall be replaced and superseded by this Agreement.


More Definitions of Share Pledge

Share Pledge means the share mortgage entered into or to be entered into between the Issuer, and DB Trustees (Hong Kong) Limited as Security Agent pursuant to which, among other things, the Issuer grants Security over certain of its shares in the Company.
Share Pledge means as defined in Section 5.1(g).
Share Pledge has the meaning ascribed to it in subsection 9.1.2.
Share Pledge means the pledge of membership interests referred to in Clause 10.1.5.
Share Pledge means a first priority pledge agreement executed or to be executed by the Shareholder in favour of the Owners in respect of the Shareholder's shares in the Charterers, in form agreed between the parties thereto;
Share Pledge shall have the meaning set forth in Section 2.13(a).
Share Pledge means, in relation to a Borrower, the charge of all the issued shares of such Borrower dated 30 September 2009 executed by the Corporate Guarantor in favour of the Security Agent and "Share Pledges" means any or all of them;