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hold the shares on trust

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09:18 Mar 30, 2007
English to Serbo-Croat translations [PRO]
Law/Patents - Law: Contract(s)
English term or phrase: hold the shares on trust
"After Completion*, and until such time as any consent or agreement referred to in clause 2.2. is obtained**, the Seller shall be deemed to hold the benefit of the Shares on trust for the Buyer."

* sale and purchase, i.e. transfer of shares
**consent by a third party, without which transfer of shares cannot be done
miriana
Bosnia and Herzegovina
Local time: 21:37
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