Mortgage of Shares definition

Mortgage of Shares means the mortgage of the shares in the Company granted by TRU (UK) H5 Limited in favour of the Security Agent acting for itself and on behalf of the other Finance Parties to be dated the Utilisation Date.
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Mortgage of Shares means the mortgage of the shares in the Company granted by Toys “R” Us Holdings Limited and delivered under Part 1 of Schedule 2 (Conditions Precedent).
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Mortgage of Shares means a fixed, first ranking mortgage of 5,500,000 ------------------ cumulative and participating preference shares, without limitation as to the amount, numbered 22,000,001 to 27,500,000 (inclusive) together with the fruits accruing therefrom in the Mirs Company including bonus shares and all the existing or future rights and profits embodied in such shares and in substitution thereof - in the form attached as Annex A to this Agreement.
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Examples of Mortgage of Shares in a sentence

  • On 29 January 2019, Shine Well entered into a mortgage of shares with Fortune Finance Limited in respect of an aggregate of 223,220,000 Shares and any additional Shares of the Company in which Shine Well are interested (“ Mortgage of Shares of the Company”), while Mr. Lai entered into a mortgage of shares with Fortune Finance Limited in respect of 13,000,000 shares of Shine Well.

  • There is no dispute that the Respondent has directly acquired the Claimant’s interest in the Telemedia Facility, Telemedia Mortgage, Sunshine Facility, Sunshine Security, Sunshine Overdraft Facility, and Sunshine Mortgage of Shares (see paragraphs 85-93, 100-103 above).

  • Other security documents included a series of mortgages on real property held by Telemedia, as well as the following:a guarantee to be issued by each Security Company, in the Bank’s required form, for the benefit of the Borrower and in favour of the Bank, covering all debts and liabilities owed by the Borrower to the Bank under or pursuant to this Agreement;128 Sunshine Mortgage of Shares, para.

  • SECURITY UNDER THE REVOLVING LOAN FACILITYThe Revolving Loan Facility is secured by (1) the Deed of Debenture; and (2) the Deed of Mortgage of Shares.

  • The Parties differ regarding the validity of the Telemedia Facility, Telemedia Mortgage, Sunshine Facility, Sunshine Security, Sunshine Overdraft Facility, and Sunshine Mortgage of Shares (collectively, the “ Loan and Security Agreements”) at issue in this arbitration.

  • Pursuant to the Option GrantCo Mortgage of Shares, Option GrantCo will grant a first fixed charge over Option GrantCo’s shares in each PropHoldCo and a first floating charge over its other assets as security for Option GrantCo’s obligations under the Option Agreement.

  • The Government’s National Waste Strategy 2000 and the Mayor of London’s Municipal Waste Management Strategy (2002) set demanding recycling and composting targets of 33% by 2015 and both indicate their aspiration to achieve significantly higher targets of between 50 and 60% by 2020.

  • Option Security AgreementOptionCo and the Security Agent will enter into a security agreement (the Option Security Agreement) on or around the Closing Date, creating security over, amongst other things, OptionCo’s interests in the Option GrantCo Mortgage of Shares and the Option Agreement.

  • On 29 January 2019, Shine Well entered into a mortgage of shares with Fortune Finance Limited in respect of an aggregate of 223,220,000 Shares and any additional Shares of the Company in which Shine Well are beneficially interested from time to time (“ Mortgage of Shares of the Company”), while Mr. Lai entered into a mortgage of shares with Fortune Finance Limited in respect of 13,000,000 shares of Shine Well.

  • Additionally, a mortgage of shares will be entered into on or before the Closing Date (the Option GrantCo Mortgage of Shares) from Option GrantCo granting a first fixed equitable charge to OptionCo over the shares held by Option GrantCo in each PropHoldCo in respect of Option GrantCo’s obligations under the Option Agreement.


More Definitions of Mortgage of Shares

Mortgage of Shares means any mortgage of or security interest in shares in the capital of any Borrower or Obligor securing the obligations of such Borrower or Obligor in respect of any Loan.
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Mortgage of Shares means any mortgage, or pledge of, or security interest in, shares in the capital of the Obligors securing the obligations of the Obligors in respect of the Libra Whole Loan.
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Mortgage of Shares means the mortgage of shares dated 12 February 1997 and made between the Chargor and Goldman for itself and as agent and trustee for the other Finance Parties, as the agency role was transferred from Goldman to the Agent.
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Mortgage of Shares means, collectively, (a) the Mortgage of Shares dated May 2, 1997 executed by AHL, and (b) the Mortgage of Shares dated May 2, 1997 executed by European Holdings, in each case, with respect to the stock of the Material Subsidiaries and in favor of the Administrative Agent for the benefit of itself and the Lenders.
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Related to Mortgage of Shares

  • Recapitalization means any stock dividend, stock split, combination of shares, reorganization, recapitalization, reclassification or other similar event.

  • class of Shares refers to the division of Shares into two or more classes as provided in Article III, Section 1 hereof;

  • Nursery stock means all domesticated or wild botanically classified hardy perennial or biennial trees, shrubs, vines, and other plants; cuttings, grafts, scions, buds, bulbs, rhizomes, or roots of any of these; and fruit pits. Nursery stock includes plants and plant parts for, or capable of, propagation, excepting field, vegetable, and flower seeds, corms, and tubers.

  • Recapitalization Event means any event of share combination or subdivision, distribution of bonus shares or any other similar reclassification, reorganization or recapitalization of the Company’s share where the shareholders retain their proportionate holdings in the Company.

  • Stock means, with respect to any corporation, capital stock and, with respect to any other entity, any equity interest.

  • Recapitalization Agreement shall have the meaning set forth in the Recitals.

  • Deemed Liquidation means a liquidation of the Company that is deemed to occur pursuant to Treas. Reg. § 1.708-1(b)(4) in the event of a termination of the Company pursuant to Section 708(b)(1)(B) of the Code.

  • Reclassification means the upgrading of a position to a higher classification as a result of the gradual increase of the duties being performed by the incumbent in that position.

  • Awarded Stock means the Common Stock subject to an Award.

  • Reverse Stock Split means a reverse stock split of the outstanding shares of Common Stock that is effected by the Company’s filing of an amendment to its certificate of incorporation with the Secretary of State of the State of Delaware and the acceptance thereof.

  • Liquidation Parity Stock means any class or series of stock of the Corporation (other than the Series L Preferred Stock) that ranks equally with the Series L Preferred Stock in the distribution of assets on any liquidation, dissolution or winding up of the Corporation.

  • Optioned Stock means the Common Stock subject to an Option.

  • Reclassification Event means any of the following: (a) any reclassification or recapitalization of PubCo Common Stock (other than a change in par value, or from par value to no par value, or from no par value to par value, or as a result of a subdivision or combination or any transaction subject to Section 4.1(g)), (b) any merger, consolidation or other combination involving PubCo, or (c) any sale, conveyance, lease, or other disposal of all or substantially all the properties and assets of PubCo to any other Person, in each of clauses (a), (b) or (c), as a result of which holders of PubCo Common Stock shall be entitled to receive cash, securities or other property for their shares of PubCo Common Stock.

  • principal class of shares means the class or classes of shares representing a majority of the voting power and value of the company;

  • Initial Liquidation Preference means one thousand dollars ($1,000.00) per share of Convertible Preferred Stock.

  • Liquidation Call Right has the meaning ascribed thereto in the Plan of Arrangement.

  • Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.

  • Reorganization Securities has the meaning set forth in Section 6.9 hereof.

  • Stock Split means any kind of stock split in relation to the Shares, including a free share distribution to the holders of Shares, a stock dividend or a sub-division of Shares;

  • dissolution “insolvency”, or “reorganisation” of a company or corporation shall be construed so as to include any equivalent or analogous proceedings under the law of the jurisdiction in which such company or corporation is incorporated or any jurisdiction in which such company or corporation carries on business including the seeking of liquidation, winding-up, reorganisation, dissolution, arrangement, protection or relief of debtors;

  • Treasury Stock shall have the meaning set forth in Section 3.1.2.

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Reorganization with respect to any Multiemployer Plan, the condition that such plan is in reorganization within the meaning of Section 4241 of ERISA.

  • Liquidation means the distributions of the Trust Account to the Public Stockholders in connection with the redemption of the Common Stock held by the Public Stockholders pursuant to the terms of the Company’s Amended and Restated Certificate of Incorporation, as amended, if the Company fails to consummate a Business Combination with the time period provided therein.

  • Encumbrance means any charge, claim, community property interest, pledge, condition, equitable interest, lien (statutory or other), option, security interest, mortgage, easement, encroachment, right of way, right of first refusal, or restriction of any kind, including any restriction on use, voting, transfer, receipt of income or exercise of any other attribute of ownership.