Securityholders Agreement between GST Telecommunications, Inc. and Ocean Horizon, SRL dated February 28, 1997. 24 pages.
Vermont Security holders Agreement is a legally binding contract between GST Telecommunications, Inc. and Ocean Horizon, NRL. This agreement outlines the rights, obligations, and responsibilities of both parties regarding the security interests held by Ocean Horizon, NRL in GST Telecommunications, Inc. Key terms and concepts relevant to this agreement include security holders, Vermont law, obligations, rights, interest, and telecommunications industry. The purpose of the Vermont Security holders Agreement is to ensure that Ocean Horizon, NRL's security interests are protected and acknowledged by GST Telecommunications, Inc. It establishes the conditions under which Ocean Horizon, NRL can exercise its rights as a security holder and outlines the procedures for any potential default or breach by GST Telecommunications, Inc. The agreement typically includes provisions related to the amount and types of security held, the process for registering or perfecting security interests, and the rights of Ocean Horizon, NRL in case of default or insolvency. It may also contain provisions regarding the transfer or assignment of security interests and any limitations or conditions on such transfers. Different types of Vermont Security holders Agreements between GST Telecommunications, Inc. and Ocean Horizon, NRL may include variations based on the nature of the security interests held. For example, there could be separate agreements for different types of assets, such as intellectual property or real estate. Additionally, specific agreements may be tailored to address unique circumstances or specific security arrangements between the parties. Overall, the Vermont Security holders Agreement plays a crucial role in protecting the interests of both GST Telecommunications, Inc. and Ocean Horizon, NRL by establishing clear guidelines and procedures for the management of security interests.
Vermont Security holders Agreement is a legally binding contract between GST Telecommunications, Inc. and Ocean Horizon, NRL. This agreement outlines the rights, obligations, and responsibilities of both parties regarding the security interests held by Ocean Horizon, NRL in GST Telecommunications, Inc. Key terms and concepts relevant to this agreement include security holders, Vermont law, obligations, rights, interest, and telecommunications industry. The purpose of the Vermont Security holders Agreement is to ensure that Ocean Horizon, NRL's security interests are protected and acknowledged by GST Telecommunications, Inc. It establishes the conditions under which Ocean Horizon, NRL can exercise its rights as a security holder and outlines the procedures for any potential default or breach by GST Telecommunications, Inc. The agreement typically includes provisions related to the amount and types of security held, the process for registering or perfecting security interests, and the rights of Ocean Horizon, NRL in case of default or insolvency. It may also contain provisions regarding the transfer or assignment of security interests and any limitations or conditions on such transfers. Different types of Vermont Security holders Agreements between GST Telecommunications, Inc. and Ocean Horizon, NRL may include variations based on the nature of the security interests held. For example, there could be separate agreements for different types of assets, such as intellectual property or real estate. Additionally, specific agreements may be tailored to address unique circumstances or specific security arrangements between the parties. Overall, the Vermont Security holders Agreement plays a crucial role in protecting the interests of both GST Telecommunications, Inc. and Ocean Horizon, NRL by establishing clear guidelines and procedures for the management of security interests.