SEVENTH COMPLETION Clause Samples

SEVENTH COMPLETION. 9.1 Seventh Completion shall take place at the offices of KLegal (or at such other place or date as the parties may agree) commencing at 10 am on the Seventh Completion Date and at Seventh Completion all but not some only of the following shall take place (to the extent that they have not taken place prior to Sixth Completion): (a) the Delayed Subscribers shall, subject to their having entered into a Deed of Adherence and subject to clause 9.3, subscribe and pay in cash, at a price of £4.06 per New Share, for such number of New Shares as is agreed by the Board (including the Shareholder Directors) and a Subscriber Majority, such payments to be made by way of telegraphic transfer to the Company’s Account; and (b) the Company shall allot and issue the New Shares subscribed in accordance with paragraph (a) above to the Delayed Subscribers and shall enter the names of the allottees in the Register of Members of the Company and shall issue and deliver to such Delayed Subscribers share certificates duly executed by the Company for the New Shares respectively subscribed by them. 9.2 Any Delayed Subscriber who duly enters into a Deed of Adherence shall be entitled to all of the rights and benefits of this agreement in the same capacity as a New Subscriber in the same way as it should have been so entitled had it subscribed its Shares as a New Subscriber at Second Completion and thereafter all references in this Agreement to the New Subscribers shall be read and construed accordingly. 9.3 The Delayed Subscribers shall be entitled to subscribe for up to a maximum of 2,799,312 New Shares.

Related to SEVENTH COMPLETION

  • Commencement and Completion The Work shall commence on _______________, 20__ and shall be complete in accordance with this Agreement without delay on ______________, 20__. The term “day”, used throughout this Agreement, refers to calendar days. Contractor shall not be entitled to any additional compensation for any Permitted Delays. If this Agreement is not signed and returned to the Owner before any work commences, this Agreement will be considered as accepted as presented to the Contractor.

  • Final Completion The full and final completion of all Work in accordance with the Contract Documents.

  • DATE OF COMMENCEMENT AND SUBSTANTIAL COMPLETION § 3.1 The date of commencement of the Work shall be: § 3.2 The Contract Time shall be measured from the date of commencement of the Work.

  • Substantial Completion 9.8.1 When the Contractor considers that the Work, or a designated portion thereof which has been accepted in writing to by the State, is substantially complete as defined in Subparagraph

  • Construction Completion The related Construction shall have been completed substantially in accordance with the related Plans and Specifications, the related Deed and all Applicable Laws, and such Leased Property shall be ready for occupancy and operation. All fixtures, equipment and other property contemplated under the Plans and Specifications to be incorporated into or installed in such Leased Property shall have been substantially incorporated or installed, free and clear of all Liens except for Permitted Liens.