First Grant definition

First Grant means the sum of [£xxxx] ([xxx]);
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First Grant means the proposed grant of 13,200,000 Restricted Shares
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Examples of First Grant in a sentence

  • During construction the assessment and calculation of Further Grant Instalments is based on actual incurred build costs as certified by the Grant Recipient’s Employer’s Agent or equivalent consultant or project manager and any additional fees incurred since the First Grant Instalment.

  • At Acquisition the assessment and calculation of the First Grant Instalment is based on actual land cost and actual fees incurred to purchase completion and planning permission.

  • On the second anniversary of the Grant Date, the number of RSUs that shall become vested and non-forfeitable shall equal 50% of the Target Total Award multiplied by the Vesting Percentage associated with the First Grant Average AOM on the chart below, rounded down to the nearest full Share, as the same shall be calculated by the Committee.

  • Vesting of any shares pursuant to the Plan, the Option Agreement, the First Grant Notice and the Second Grant Notices or any other unvested shares shall cease on the date of resignation.

  • Vesting of any shares pursuant to the Plan, the Option Agreement, the First Grant Notice and the Second Grant Notices or any other unvested shares shall cease on the date of termination.

  • Notwithstanding the foregoing requirement for completion of all of the Public Infrastructure, Fenway may request the First Grant Payment when all of the Public Infrastructure has been accepted by the City with the exception of the following pedestrian amenities as set forth in Exhibit A: pedestrian lighting, concrete sidewalks, trash cans or benches.

  • The remaining 25,000 options under the First Grant and the options under the Second and Third Grants shall be structured to vest quarterly commencing September 30, 2013 at the rate of 18,750 per quarter, and shall provide that the First Grant options be exhausted first, followed by the Second Grant options, followed by the Third Grant options.

  • The Plan, the Option Agreement and the First Grant Notice are attached hereto as Exhibits A, B & C respectively.

  • February 15, 2021 would be the first Achievement Date, which would result in 25% of the First Grant Tranche Target Shares becoming Eligible Shares.

  • The options granted pursuant to the First Grant are exercisable at any time or from time to time from the date of grant until ninety (90) days after ▇▇▇▇▇▇ ▇.