Security & Collateral · glossary
The Shares are the 100 shares in Tooling, charged by fixed charge (clause 3.2(c)). A stock transfer form moves shares to a new owner. The Bank holds the certificate and a signed form with the buyer and date left blank, so it can sell Tooling without the Company's help. Definition: Shares · Schedule 3 · Debenture §5.2 · Debenture §8.4 · Chapter 2 · Chapter 5
Explained in Chapter 2, What the Company Owns, and Who Already Has a Claim, of Security & Collateral.
The main page for this term is Share certificate / stock transfer form, in Legal Due Diligence.
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the shares in the Guarantor described in Schedule 3, and every other share in the Guarantor which the Company holds from time to time;Read the definition in the document →
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