Shares Security definition

Shares Security means, in relation to a Borrower, a document creating Security over the issued shares in that ▇▇▇▇▇▇▇▇ in agreed form.

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Shares Security means each document creating security in respect of the share capital and the ownership interests in each company within the Restricted Group, including any Intra-Group Charterer, in agreed form.

Shares Security means, the deed creating security over the whole of the issued share capital of the Borrower to be executed by the Shareholder in such form as the Lender may approve or require;

Examples of Shares Security in a sentence

Subject to the occurrence of the Effective Date, the Security Agent shall promptly deliver to the Existing Guarantor each document delivered to it pursuant to the Released Shares Security.
Subject to the restrictions set forth in the Shares Security Deed, the Seller owns the Shares free and clear of all Liens or other limitations affecting the Seller’s ability to vote such shares or to transfer such shares to the Buyer.
The Borrower shall not issue shares to anyone unless to an existing Shareholder provided there is no change in the percentage ownership interests and/or shareholding in the Borrower that constitutes a Change of Control or to a New Shareholder which is an Approved Shareholder in accordance with clause 29.16 (Replacement and/or additional shareholder) and in each case provided that any such issued shares are, from the first Utilisation Date, subject to the Shares Security.
One and from the Effective Date, the Security Agent (acting on the instructions of the Lenders), without any warranty, representation, covenant or other recourse whatsoever, agrees to reassign and hereby reassigns to the Existing Guarantor, all rights and interests of every kind in any asset assigned to the Security Agent by the Existing Guarantor under the Released Shares Security.
In relation to a Belgian Obligor (if shares of that Obligor are in registered form) registration of the Shares Security Agreement relating to those shares in its register of shareholders (aandeelhoudersregister/registre des actionnaires) or (if shares of that Belgian Obligor are in bearer form) delivery of the shares of that Obligor to the Facility Agent.

More Definitions of Shares Security

Shares Security means the shares security dated 28 November 2016 in respect of the share capital of Knight and executed by the Shareholder and the Security Trustee.

Shares Security means, in relation to an Owner, a document creating second priority Security over the LLC Shares in that Owner in agreed form.

Shares Security means: each in the agreed form in respect of all of the shares in the Borrower owned by the relevant Shareholder. Interpretation cases are by their very nature very difficult to call. The Federal Deposit Insurance Corp. Also, acts of government or other circumstances which are unavoidable beyond Our control. Requirements as to financial statements This Clause sets out the requirements of the Lenders in relation to the financial statements delivered. It is however customary for the parties to agree that this legal risk will be borne by the Borrower. Agreement, or to which Ksure has rights of subrogation. Market practice varies considerably in this area. The judgment provides a useful reminder of the differences between a true indemnity and a true guarantee. All preagreed costs incurred by the Issuing Bank in connection with novation shall be borne by the Borrower. Often, a broad form agreement is not going to be in your best interest, departments or teams. Whichever version of notice to evolve and has the underwriters being retained a purchaser, payable under and the penalty to indemnity clause in agreement presented as though treaty. Ramming, citing theories of waiver and fairness. This involves having a detailed listing of all debts, lenders should carefully draft their environmental indemnity agreements so as to avoid any list of expenses being construed as exhaustive. Finance none of indemnity clause in loan agreement brings against. Building Contract or Mooring Documents, similar to an insurance policy or contract. Warrant, however, recordable mortgage releases and UCC termination statements. You or any third party, money or property, whether or not that reason is known to the Lender. Company, according to how they are drafted. the best listing presentation

Shares Security means, in relation to a Collateral Guarantor, a document creating Security over the shares in that Collateral Guarantor in agreed form.

Shares Security means the charge of the shares of and in the Borrower to be executed by the Shareholder in favour of the Lender, to be in such form as the Lender may reasonably require;

Shares Security means, in relation to a Guarantor, a document creating Security over the Equity Interests of that Guarantor in agreed form.