Standard Clause For Charge Over Certificated Shares And Securities (Convert Charge Over Shares)

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This standard clause can be used to convert a Standard document, Charge over shares, into a charge over all certificated shares and securities owned by the borrower.

Asset security

No encumbrance

Paid in full

Registration and security

Remove share restrictions

Right of pre-emption

Secured assets

Security transfer

Stock transfer forms

Transfer of assets

<ul><li>The document should specify what type of shares and securities are included in the charge</li><li>The document should state whether the charge is over all shares and securities, or only some of them</li><li>The document should identify the borrower and the lender</li></ul>

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Wilmingtons

Standard Clause For Charge Over Certificated Shares And Securities (Convert Charge Over Shares)

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