First Tranche Closing definition
First Tranche Closing means the Closing of the First Tranche.
First Tranche Closing has the meaning set forth in Section 1.3(a).
First Tranche Closing shall have the meaning set forth in Section --------------------- 2.2(b).
Examples of First Tranche Closing in a sentence
With effect from the date of this Agreement, and subject to the satisfaction of the conditions precedent set out in Clause 3.1(a) (Conditions Precedent to First Tranche Closing), the Initial Subscriber undertakes to the Issuer that, subject to and in accordance with the terms and conditions of this Agreement, it will subscribe for the First Tranche Bonds in the principal amount of €22,500,000 on the First Tranche Closing Date at the Subscription Price (less any Agreed Expenses).
On the First Tranche Closing Date, the Issuer shall pay to the Initial Subscriber the First Tranche Subscription Fee, which shall be set-off against the Subscription Price.
More Definitions of First Tranche Closing
First Tranche Closing shall have the meaning ascribed to such term in Section 2.1(a).
First Tranche Closing as such term is defined in the Stock Purchase Agreement shall have occurred or shall be occurring simultaneously;
First Tranche Closing means the consummation of the issue of the First Tranche Bonds to the Initial Subscriber.
First Tranche Closing has the meaning assigned in the Purchase Agreement;
First Tranche Closing shall have the meaning set forth in Section 2.03.
First Tranche Closing has the meaning set forth in Article II of this Agreement.
First Tranche Closing has the meaning given to it in Section 2.2(a).