Common use of New Share Issuance Clause in Contracts

New Share Issuance. To the extent permitted by applicable laws and regulations (and not otherwise limited by any competent Authority), give the Lenders notice of any board resolution or other Authorization approving the issuance of any new Ordinary Share as soon as possible after to adoption thereof (and in any event no less than 15 days prior to the convening, If required, of any relevant shareholders meeting to consider the new Ordinary Share issue);

Appears in 2 contracts

Sources: Loan Agreement (China Education Investment Holding), Loan Agreement (Baring Asia Private Equity Fund v Co-Investment L.P.)

New Share Issuance. To the extent permitted by applicable laws and or regulations (and not otherwise limited by or any competent Authority), give the Lenders IFC notice of any board resolution or other Authorization approving the issuance of any new Ordinary Share as soon as possible after to adoption thereof (and in any event no less than 15 days prior to the convening, If required, convening of any relevant shareholders meeting to consider the new Ordinary Share issue);

Appears in 1 contract

Sources: Loan Agreement (Ambow Education Holding Ltd.)