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1. Parties: Identification of the Pledgor(s) and Pledgee(s) with full legal names and addresses
2. Background: Context of the pledge arrangement, including reference to any underlying facility or primary obligations
3. Definitions and Interpretation: Definitions of key terms and interpretation rules used throughout the agreement
4. Grant of Security Interest: Core provision establishing the pledge and security interest over the shares
5. Secured Obligations: Clear description of the obligations secured by the share pledge
6. Representations and Warranties: Pledgor's representations regarding ownership, authority, and status of pledged shares
7. Covenants: Ongoing obligations of the Pledgor regarding the pledged shares
8. Rights and Obligations: Respective rights and obligations of both parties during the pledge period
9. Events of Default: Circumstances constituting default under the agreement
10. Enforcement: Rights and procedures for enforcing the pledge upon default
11. Power of Attorney: Appointment of Pledgee as attorney for enforcement purposes
12. Notices: Process and requirements for formal communications between parties
13. Governing Law and Jurisdiction: Specification of Nigerian law as governing law and jurisdiction for disputes
14. Miscellaneous: Standard boilerplate provisions including severability, amendments, and counterparts
1. Dividend Rights: Specific arrangements for handling dividends during the pledge period - include when dividends are material to the transaction
2. Voting Rights: Arrangements for exercising voting rights - include when voting control is negotiated separately
3. Further Assurance: Additional obligations to perfect the security - include for complex cross-border transactions
4. Tax Provisions: Specific tax-related obligations and allocations - include when tax implications are significant
5. Additional Security: Provisions for additional security interests - include when multiple forms of security are involved
6. Share Transfer Restrictions: Additional restrictions on share transfers - include when specific transfer limitations are required
7. Multiple Pledgors: Specific provisions for multiple pledgors - include when there is more than one pledgor
1. Schedule 1 - Details of the Pledged Shares: Detailed description of pledged shares including share certificate numbers, class, and quantity
2. Schedule 2 - Form of Notice to Company: Template notice to be sent to the company whose shares are being pledged
3. Schedule 3 - Form of Acknowledgment: Template acknowledgment from the company regarding the pledge
4. Schedule 4 - Share Transfer Form: Blank share transfer form signed by Pledgor for enforcement purposes
5. Schedule 5 - Corporate Authorizations: List of required corporate approvals and resolutions
6. Schedule 6 - Secured Obligations: Detailed description of the underlying obligations being secured
7. Appendix A - Relevant Corporate Documents: Copies of relevant corporate documents including board resolutions and shareholder approvals
Banking and Financial Services
Investment Banking
Corporate Finance
Private Equity
Asset Management
Insurance
Real Estate
Manufacturing
Technology
Energy and Resources
Infrastructure
Telecommunications
Legal
Finance
Corporate Secretarial
Compliance
Risk Management
Corporate Finance
Credit
Investment Banking
Portfolio Management
Treasury
Chief Financial Officer
Finance Director
Legal Director
Corporate Finance Manager
Investment Manager
Security Trustee
Corporate Lawyer
Legal Counsel
Company Secretary
Compliance Officer
Risk Manager
Transaction Manager
Portfolio Manager
Credit Officer
Investment Banker
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