Pre-Completion definition

Pre-Completion means pre-completion of the sale and purchase of the Sale Shares in accordance with clause 5.1 hereof and on and subject to the terms of the Escrow Letter;

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Pre-Completion means Pre-Completion of this Agreement as provided in Clause 6;

Pre-Completion. Means the fulfilment of all conditions described in Article 2 of this Agreement required for realisation of the Initial Capital Increase; “Pre-Completion Date” Means the date of Pre-Completion;

Examples of Pre-Completion in a sentence

• If a Term in relation to a Loan advanced during the Pre-Completion Period would otherwise overrun the Final Completion Date, it will be shortened so that it ends on the Final Completion Date.

• B Co's rights under Clause 24 (Delay Events and Compensation Events), D&B Co shall only be relieved of its obligations under Clauses 12 (The Design Construction and Commissioning Process), 13 (Right of Access of Authority's Representative), 14 (Programme and Dates for Completion), 17 (Pre-Completion Commissioning and Completion) and 24 (Delay Events and Compensation Events) by Delay Events in accordance with Clause 24 (Delay Events and Compensation Events).

• Following receipt of the notice specified in this Clause 17.3 (Pre-Completion Inspection) the Authority’s Representative shall be entitled to inspect the Works on the date or dates reasonably specified by the Contractor in accordance with this said Clause 17.3, and to attend any of the tests on completion (including, without limitation, the repetition of any of the tests on completion which are required to be carried out and passed in accordance with the Final Completion Testing Programme).

• Vodafone shall carry out the pre-Completion steps set out in, and in accordance with, Schedule 8 (the “Vodafone Pre-Completion Reorganisation”).

• The Buyer is the entity in which the Buyer’s Pre-Completion Shareholders will purchase equity at or prior to Completion in satisfaction of their obligations under the Equity Commitment Letters.

• The Buyer covenants that none of the Buyer’s Group Undertakings shall make any claim against, or seek any indemnification from, any Pre-Completion Director or Auditor with respect to the execution of their duties or with respect to this Agreement or any of the warranties given to the Buyer herein.

• Upon such Transfer, Developer and/or the Pre-Completion Transferee (as applicable), shall be released of its obligations under this Agreement except as specifically stated herein.

• The Borrower reasonably believes that the Facility Debt Commitments and funds on deposit in the Construction Account, Contingency Reserve Account, the Phase 1 Pre-Completion Revenues Account, the Phase 2 Pre- Completion Revenues Account and the Permitted Finance Costs Reserve Account shall be sufficient to achieve the Project Phase 1 Completion Date by the Phase 1 LNG Facility Date Certain and the Project Phase 2 Completion Date by the Phase 2 LNG Facility Date Certain.

• Since incorporation the Purchaser has not conducted any business other than the Pre-Completion Business.

• On the Project Phase 1 Completion Date, amounts on deposit in the Phase 1 Pre- Completion Revenues Account shall be transferred to the Phase 2 Pre-Completion Revenues Account pursuant to Section 4.5(b)(iii) (Deposits and Withdrawals – Phase 1 Pre-Completion Revenues Account) of the Common Security and Account Agreement.

More Definitions of Pre-Completion

Pre-Completion. Means the fulfilment of all conditions described in Article 2 of this Agreement required for realisation of the Initial Capital Increase;

Pre-Completion means the KPMG steps plans in respect of the Reorganisation Steps Plan” Pre-Completion Reorganisation in the agreed form; “Preparing Party” has the meaning given in the Tax Schedule; “Previous Transaction has the meaning given in paragraph 12 of Claim” Schedule 5; “Prohibited Persons” has the meaning given in clause 12.1; 12

Pre-Completion means the reorganisation of the Target Group and Reorganisation” the Retained Group to be undertaken prior to Completion including in respect of: (i) the repayment of loans between the Target Group and the Retained Group (including by way of capitalisation, forgiveness, distribution or transfer); (ii) the payment of cash from the Target Group to the Retained Group (as permitted by this Agreement); (iii) the transfer of certain subsidiaries from IIL to IEL; (iv) the sale of IIL to Providence or to one of its subsidiaries; (v) the transfer of Ingeus Australia Pty Limited to Ingeus Pty Limited; and

Pre-Completion means the date of delivery of certain documents into escrow and the payment of monies into an Escrow Account as set out in Schedule 2;