IP2 definition

IP2 columns on Section 5(g) of the Disclosure Schedule. On July 28, 2000, Parent shall file a registration statement with respect to 25% of the shares of Parent Common Stock held by each participant pursuant to the Performance Plans (unless the Performance Plans provide for registration of all shares of Parent Common Stock, in which case no further registration rights shall be required of Parent with respect to Parent Common Stock to be delivered pursuant to the Performance Plans). The (i) issuance of shares of Parent Common Stock set forth in Section 2(f)(ii)(A) together with (ii) the payment of cash pursuant to Section 2(f)(ii)(B) shall be in full and complete satisfaction of all rights of all participants under the Performance Plans, and the Company and the Shareholders represent and warrant that neither the Company, Merger Sub nor Parent shall have any other liability under the Performance Plans.
View Source
IP2 columns on Section 5(g) of the Disclosure Schedule. As an alternative to issuing the shares of Parent Common Stock in accordance with Section 2(f)(ii)(A), Parent will establish a non-qualified stock option plan (the "Performance Option Plan") and will offer to each person who has an award under the Performance Plans the right to receive options, exercisable at any time, to purchase at an exercise price of $0.01 per share a number of shares of Parent Common Stock equal to, and in lieu of, the number of shares of Parent Common Stock issuable to such person pursuant to Section 2(f)(ii)(A) above. Parent shall file registration statements on Form S-8 with respect to 25% of the options held by each participant on July 28, 2000 and with respect to the remaining 75% one year after the Closing. The (i) issuance of the shares set forth in Section 2(f)(ii)(A) or the grant of options under the Performance Option Plan together with (ii) the payment of cash pursuant to Section 2(f)(ii)(B) shall be in full and complete satisfaction of all rights of all participants under the Performance Plans, and the Company and the Shareholders represent and warrant that neither the Company, Merger Sub nor Parent shall have any other liability under the Performance Plans.
View Source
IP2 means the Issuance Price in effect immediately after such Dilutive Issuance;
View Source

Examples of IP2 in a sentence

  • Pursuant to that same agreement, Entergy will submit to NYSDOS a new consistency certification for renewal of the IP2 and IP3 operating licenses on or before January 31, 2017.

  • After moving through the condensers, cooling water from IP2 and IP3 flows downward from the discharge water boxes via six 96-inch diameter down pipes and exits beneath the water surface in a 40-foot wide discharge canal.

  • Entergy agrees to conduct a general visual inspection of the steam generator channel head and the tubesheet region for evidence of cracking at IP2 and IP3 during the IP3 2017 and the IP2 2018 refueling outages.

  • Power is delivered to the ConEdison transmission grid via two double-circuit 345-kV lines that connect the IP2 and IP3 main transformers to the ▇▇▇▇▇▇▇▇ substation located across Broadway near the main entrance to IPEC.

  • Pursuant to an agreement between Entergy and NYSDOS, among other parties, dated January 9, 2017, regarding the planned cessation of operation of IP2 and IP3, NYSDOS hereby withdraws its challenge to Entergy’s November 5, 2014 withdrawal of its consistency certification, and will proceed as if the withdrawal became effective on November 5, 2014, thereby (1) rendering NYSDOS’s November 6, 2015 objection moot and of no effect and (2) requiring Entergy to submit a new certification.

  • Entergy will transfer a minimum of 4 casks (total) with a capacity of 32 bundles each of IP2 and IP3 spent fuel to dry storage per year, and will transfer a total of 24 such casks by the end of 2021.

  • Entergy will inspect for, find and remove or assess the safety consequences of any loose parts present on a cycle-to-cycle basis starting with the 2018 IP2 inspections.

  • Entergy certifies to the NRC and the New York Department of State (“NYSDOS”) that the proposed renewal of the IP2 and IP3 Operating Licenses complies with the enforceable policies of the New York State Coastal Management Program (“NYSCMP”) and that continued operation of IPEC will be conducted in a manner consistent with the NYSCMP.

  • Entergy expects IP2 and IP3 operations during the period of extended operation (“PEO”) to be a continuation of current operations as described below, with no physical or operational station alterations that would affect New York State’s coastal zone.

  • They have been admitted as intervenor parties and have raised procedural and substantive objections in the NRC Proceedings to the relicensing of IP2 and IP3.