First Tranche definition

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

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First Tranche means the portion of the proceeds of the Loan in an amount not exceeding two hundred million dollars (US$200,000,000) to be initially withdrawn and utilized;

First Tranche means the portion of the proceeds of the Loan in an amount not exceeding the equivalent of three million one hundred and thirty five thousand Special Drawing Rights (SDR3,135,000) to be initially withdrawn and utilized in accordance with paragraph 5 of Schedule 3 to this Loan Agreement;

Examples of First Tranche in a sentence

For purposes of illustration and without limitation, if the First Stock Price Hurdle has not been achieved as of the date on which the Average Closing Stock Price equals the Second Stock Price Hurdle, then as of such date, both the First Tranche and the Second Tranche shall become earned.
First Tranche Later of (i) the [__] anniversary of the Date of Grant and (ii) the next Regular Vesting Date after the First Stock Price Hurdle is achieved, subject to the Participant’s continued Services through such date.
First Tranche $[__](“First Stock Price Hurdle”) Second Tranche $[__](“Second Stock Price Hurdle”) Third Tranche $[__] (“Third Stock Price Hurdle”) Once a Stock Price Hurdle is achieved, each lower Stock Price Hurdle will be deemed to have been achieved even if an Average Closing Stock Price equal to the lower Stock Price Hurdle has not independently occurred.

More Definitions of First Tranche

First Tranche means the Notes Payable issued to the Purchasers in an aggregate principal amount of $100.0 million on March 18, 2022.

First Tranche has the meaning assigned to that term in Section 2.1.

First Tranche means the portion of the proceeds of the Loan in an amount of one hundred million Dollars ($100,000,000) to be withdrawn pursuant to and subject to the provisions of paragraph 5 of Schedule 3 to this Loan Agreement;

First Tranche is defined in Section 2.1.1(a)(i).

First Tranche means the portion of the proceeds of the Grant in an amount not exceeding three million Dollars ($3,000,000) to be withdrawn pursuant to and subject to the provisions of paragraph 4 of Schedule 2 to this Grant Agreement;

First Tranche means, calculated separately for each CFD, one or more series of CFD Bonds (including refunding bonds) secured by the levy of Project Special Taxes in such CFD, the proceeds of which the Agency is obligated under this Financing Plan to use to finance Qualified Project Costs.

First Tranche means the first (or in the case of a Single Claim Scheme, only) Tranche which may be claimed once the Grant Recipient has achieved the Relevant Claim Stage; Flex Scheme means a Firm Scheme which Homes England has approved on IMS as a "CME Flex Scheme"; FOIA means the Freedom of Information ▇▇▇ ▇▇▇▇, and any subordinate legislation made under such Act from time to time together with any guidance and/or codes of practice issued by the Information Commissioner in relation to such legislation; FOIA Authority means a public authority as defined by the FOIA and/or EIR; FOIA Exemption means any applicable exemption to FOIA;