Shares Pledge definition

Shares Pledge means the first priority pledge of the shares of and in each Owner required to be executed at any time under clause 8.1.19 by the Shareholder in favour of the Security Trustee and/or a Lender in such form as the Agent and the Majority Lenders may require in their sole discretion and in the plural means all of them;

Shares Pledge means, in relation to each Borrower, a deed creating security over the share capital of that Borrower in the Agreed Form;

Shares Pledge means a pledge of the Equity Interests of the Borrower and each Owner Guarantor, as the case may be, in Agreed Form.

Examples of Shares Pledge in a sentence

• To address the above potential issue, the Italian Law Shares Pledge will be created and perfected in favour of the Security Agent acting also in its capacity as representative (rappresentante) pursuant to article 2414-bis, 3rd paragraph of the Italian Civil Code and legal representative of the holders of the Notes (mandatario con rappresentanza) under the Trust Deed and the Intercreditor Agreement.

• Pursuant to the Shares Pledge, the shareholder of the Company as shown in its register of members as at the Operative Date is the Bond Trustee, who holds 50,001 ordinary shares of GBP £1.00 each.

• Subsection 3 Pledging Shares (Pledge of Shares)Article 146 (1) Shareholders may pledge the shares held by the same.(2) Pledge of shares of a Company Issuing Share Certificate shall not become effective unless the share certificates for such shares are delivered.

• Shareholding of Promoters Sr. No Shareholder’s Name Shareholding at the beginning of the year(As on 31st March,2019) Shareholding at the end of the year (As on 31st March,2020) No. of Shares% of total Shares of the company%of Shares Pledge d / encumb e red to total sharesNo. of Shares% of total Shares of the compan y%of Shares Pledged / encumbe red to total shares% change in share holdi ng durin g the year Gautam M Sheth322300858.70--322300858.70--0 Nidhi G.

• The primary goal of this study is to analyze the variability relative to the seasonal cycle over the Intra-Americas Seas region with two different climate model versions, and to compare that variability with observational data-Figures 1 and 2 show mean 850 hPa precipitation and winds for all seasons, while figures 3 and 4 represent June-October means for the models and the observations, respectively.

More Definitions of Shares Pledge

Shares Pledge means, in respect of the Required Shares, a pledge and security agreement in respect of such shares executed by the Borrower in favour of the Security Trustee pursuant to Clause 15.10 in such form as the Lenders may approve or require; and

Shares Pledge means the first priority pledge of the shares of and in each Borrower to be executed by the Shareholder in favour of the Security Trustee in such form as the Agent and the Majority Lenders may require in their sole discretion and in the plural means all of them;

Shares Pledge means, in relation to each Guarantor, a deed creating security in respect of the issued share capital of that Guarantor executed or to be executed by the Shareholder in favour of the Security Trustee in the Agreed Form and “Shares Pledges” means all of them;

Shares Pledge means the pledge of shares granted or to be granted by the Pledgor in favour of the Finance Parties over the fifty two percent (52%) shareholding in the Borrower owned by the Pledgor, referred to in Clause 10.1.6, together with a side letter in relation to, inter alia, pre-emption rights contained in the Shareholder Agreement, to be signed by the Borrower and the parties to the Shareholders Agreement.

Shares Pledge means the first priority pledge of (i) the shares of Navios Maritime Acquisition Corporation and (ii) the units of Navios Maritime Partners L.P. as set forth under Schedule 8, to be executed by Alpha Merit and Borrower in favour of the Lender in such form as the Lender may require in its reasonable discretion and in the plural means all of them;

Shares Pledge means the first priority pledge of Opal to be executed by the Shareholder in favour of the Lender in such form as the Lender may require in its reasonable discretion;

Shares Pledge means the Icelandic law shares pledge entered into on 2 September 2003 originally between the Borrower, CVC, any other shareholders and the Security Trustee and acceded to by the Immediate Shareholders on 27 April 2004.”