First Completion definition

First Completion means completion of the sale and purchase of the First Completion Sale Shares under this Agreement;

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First Completion has the meaning given in the Subscription Agreement;

First Completion means the completion of the purchase of the First Note.

Examples of First Completion in a sentence

• As at the Signing Date and the First Completion (as defined in the Term Sheet), the Company or the Subsidiary is not the subject of or in any way involved in, any material disputes, claims, litigation or other legal proceedings, and to the Seller’s Knowledge, there are no circumstances giving rise to such disputes, claims, litigation or proceedings.

• After the First Completion Date, any deductible or excess applicable to any claim by any of the Companies under any of the Companies' insurance policies in accordance with Clause 18 shall be for the account of the Purchaser and/or NewLead.

• Further fund raising: If the General Partner and the Cornerstone Partners consent, twelve (12) months after the First Completion Date or such other longer period as agreed by the General Partner and Cornerstone Partners, the Partnership can accept new limited partner(s) or the existing Limited Partners could increase their capital contribution with further details to be determined by the General Partner and the Cornerstone Partners.

• The condition set out in paragraphs 3 to 6 (inclusive) of Schedule 1 (Conditions to First Completion) may not be waived, in whole or in part, by any party.

• As at the Signing Date and the First Completion (as defined in the Term Sheet), the Company or the Subsidiary has not terminated or received notice of termination from such number of employees that the Company or the Subsidiary does not possess the manpower and competence required for the operation of the FPSO Sevan Piranema in compliance with applicable law and the Piranema Agreements.

More Definitions of First Completion

First Completion means the completion of the Note Purchase.

First Completion means the completion of the issuance and subscription of the First Subscription Shares pursuant to Clause 4;

First Completion means completion of the sale and purchase of the First Tranche Sale Shares in accordance with the terms of this Agreement;

First Completion. ’ means completion of the sale and purchase of the 24% and 25% of the issued share capital of the Disposal Company to Wai Fung and City Trend, respectively, in accordance with the terms and conditions of the Disposal Agreements;

First Completion means 21 July 2014G.

First Completion means the completion of the sale and purchase of the ROW Business and the Shares pursuant to Clause 9 (Completion);

First Completion means completion of the sale and purchase of the First Subscription Shares as specified in Clauses 4.1 to 4.7;