Fifth Tranche definition

Fifth Tranche means 16,000 of the Restricted Shares, for which the Performance Condition will be satisfied upon achievement of the Fifth Stock Price Hurdle.
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Fifth Tranche means 3,000 of the Restricted Shares, for which the Performance Condition will be satisfied upon achievement of the Fifth Stock Price Hurdle.
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Fifth Tranche means the portion of the Credit not exceeding the equivalent of SDR 14,000,000 to be released by the Association after the Borrower has complied with the provisions of Section 2.02 (d) of this Agreement.
Sample 1

Examples of Fifth Tranche in a sentence

  • In respect of the First Tranche Bonds, Second Tranche Bonds, Third Tranche Bonds, Fourth Tranche Bonds and Fifth Tranche Bonds, they have been defaulted since 1 December 2014, 29 December 2014, 9 January 2015, 4 March 2015 and 22 March 2015 respectively.

  • The Corporation paid cash finders fees of $25,840 (US$19,000) and issued an aggregate of 348,333 Compensation Warrants to certain finders pursuant to the closing of the Fifth Tranche and paid $3,876 (US$2,850) of cash finders fees and issued 52,250 Compensation Warrants to certain finders pursuant to the closing of the Third Tranche.

  • The delivery by the Company of the issue notice for the Fifth Tranche and Third Tranche Options must allow for the issue of that Tranche within two Business Days after the date on which the Company meeting at which Shareholder approval for the issue of that Tranche is held.

  • I further report that during the audit period:i) The Board vide Resolution passed on 14th December, 2021 pursuant to Natco Employees Stock Option Scheme 2016 (NATSOP 2016) approved the allotment of Fifth Tranche of the options entitling 27,340 (Twenty Seven Thousand Three Hundred and Forty) equity shares of H 2/- (Rupees Two Only) to eligible employees which was earlier approved by the Shareholders at the 33rd Annual General Meeting held on 30th September 2016.

  • Multi-year share repurchase program: completion of the fifth tranche and announcement of the sixth trancheOn March 3, 2022, Ferrari N.V. informed that it had completed on March 2, 2022 the Fifth Tranche of the multi-year share repurchase program.

  • On 7 June 2020, the Company issued 2020 Fifth Tranche of 59-day Super Short-term Financing Bills in a total amount of RMB3 billion, which were due and settled on 6 August 2020.

  • Such fee accrued from the admission of Shares pursuant to the Fifth Tranche Placing and is payable in monthly instalments in arrear and adjusted annually for inflation from 2018 onwards at 2.5 per cent.

  • This Fifth Tranche Report to Congress meets the requirement for reporting at the $300 billion commitment level under section 105(b) of the Emergency Economic Stabilization Act of 2008 (EESA).

  • As mentioned in Section 3.4 above, Option Beneficiaries holders of a total of 3,000,000 Stock Options granted in the Fifth Tranche, have the right to subscribe to a maximum of 3,000,000 newly issued Shares in the Company's portfolio, arising from the increase in share capital, paid and in tranches, with the exclusion of option rights pursuant to articles.

  • As described under previous paragraph 3.4, in favour of the Beneficiaries of the Fifth Tranche for a total amount of no.


More Definitions of Fifth Tranche

Fifth Tranche the next amount of Excess Financing Proceeds after full utilization of the Fourth Tranche.
Sample 1
Fifth Tranche means twenty percent (20%) of the total number of PSUs subject to the Award, which PSUs shall be earned upon achievement of both the Fifth Stock Price Hurdle and the Relative TSR Goal. Each of the First Tranche, the Second Tranche, and the Third Tranche, shall be earned upon the attainment of an Average Closing Stock Price equal to the corresponding Stock Price Hurdle set forth below. Each of the Fourth Tranche and the Fifth Tranche shall be eligible to be earned only upon the attainment of an Average Closing Stock Price equal to the corresponding Stock Price Hurdle set forth below. If the applicable Stock Price Hurdle is achieved, then the portion of each of the Fourth Tranche and the Fifth Tranche that is earned (if any) shall be determined based on the relative TSR of the Company compared to that of the Index Constituents as of the TSR Measurement Date in accordance with the matrix set forth below (collectively, the “Relative TSR Goal”). Stock Price Hurdles
Sample 1

Related to Fifth Tranche

  • Single Tranche means the amount of the Financing allocated to the category entitled “Single Tranche” in the table set forth in Part B of Section II of Schedule 1 to this Agreement.

  • Second Tranche means the amount of the Financing allocated to the category entitled “Second Tranche” in the table set forth in Part B of Section II of Schedule 1 to this Agreement.

  • Extended Tranche has the meaning specified in Section 2.19(a).

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • First Tranche means the amount of the Financing allocated to the category entitled “First Tranche” in the table set forth in Part B of Schedule 1 to this Agreement.

  • Eurocurrency Tranche the collective reference to Eurocurrency Loans under a particular Facility the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

  • LIBOR Tranche means the collective reference to LIBOR Rate Loans whose Interest Periods begin and end on the same day.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • New Revolving Loans as defined in Section 2.25.

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Tranche A Lender means a Lender with a Tranche A Commitment or an outstanding Tranche A Term Loan.

  • Revolving Facility Percentage means, with respect to any Revolving Facility Lender of any Class, the percentage of the total Revolving Facility Commitments of such Class represented by such Lender’s Revolving Facility Commitment of such Class. If the Revolving Facility Commitments of such Class have terminated or expired, the Revolving Facility Percentages of such Class shall be determined based upon the Revolving Facility Commitments of such Class most recently in effect, giving effect to any assignments pursuant to Section 9.04.

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Loan Tranche The Series 2006-2 Class A2 Notes will fund the Series 2006-2 AAA (Class A2) Loan Tranche which shall have the following terms:

  • New Revolving Loan has the meaning specified in Section 2.14(a).

  • ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.

  • Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Eurocurrency Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.