iGATE India definition

iGATE India means iGATE Global Solutions Limited, a limited liability company incorporated under the laws of the Republic of India.

Examples of iGATE India in a sentence

  • Notwithstanding anything contained in the Transaction Documents, the obligations of the iGATE India and iGATE Mauritius will be several under the Transaction Documents and shall be limited to the proportion of the Sale Shares purchased by them under this Agreement.

  • Promptly upon the execution of this Agreement, the Company shall cause iGATE India to deposit with the Escrow Agent (as defined in the Patni SPA) the amount required to be deposited under the SEBI Regulations (as defined in the Patni SPA), which, for the avoidance of doubt, the Parties hereby agree shall be Rs. 152,35,41,254/- (Rupees One Hundred Fifty Two Crores Thirty Five Lacs Forty One Thousand Two Hundred and Fifty Four Only) (the “Initial Open Offer Deposit”).

  • The Company shall provide evidence (reasonably satisfactory to Investor) that (i) the Initial Open Offer Deposit has been deposited (and remains on deposit) with the Escrow Agent (as defined in the Patni SPA) and (ii) iGATE India has initiated a wire transfer of immediately funds in respect of the deposit the Rs. equivalent of the sum of at least USD $65,000,000, in accordance with the terms of Patni Purchase Agreements, with the Escrow Agent (as defined in the Patni SPA).