Sanction Date definition

Sanction Date means the date that the Sanction Order is granted by the Court. “Sanction Order” means the Order of the Court sanctioning and approving this Plan.

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Sanction Date means the date on which the Sanction Order is issued;

Sanction Date means the date of sanction of the Scheme under Sections 449 to 455 of the Act pursuant to the issuance by the High Court of the Court Order;

Examples of Sanction Date in a sentence

RPS confirms that it is the current intention of the RPS Remuneration Committee to determine that awards under the RPS PSP may be exercised for six months after the Court Sanction Date (unless they lapse earlier under the rules of the RPS PSP).
The parties acknowledge and agree that those awards subsisting under the DBP at the Sanction Date will vest on that date as a consequence of the Acquisition pursuant to the rules of the DBP.
Awards granted under the ESP which are unvested immediately before the Court Sanction Date will vest on the Court Sanction Date on the basis determined by Inmarsat's remuneration committee in accordance with the ESP rules.
Accordingly, the Proposal to Participants who hold Sharesave Options will be to exercise such Sharesave Awards to the fullest extent possible in the period of 20 days ending with the Court Sanction Date, and participate in the Scheme in respect of their resulting TClarke Shares.
In the event that the Transaction is effected as an Offer, references to the date on which the Scheme is sanctioned by the Court ("Court Sanction Date") and the Effective Date will be read as if they referred to the date on which the Offer becomes or is declared unconditional in all respects.

More Definitions of Sanction Date

Sanction Date means the date on which the Condition in paragraph 2(iii) is satisfied.

Sanction Date means the date of sanction of the Scheme under Sections 449 to 455 of the Act by the High Court;

Sanction Date means the date the Court sanctions the Scheme, pursuant to Section 899 of the Act;

Sanction Date has the meaning ascribed to it in Appendix 3 of the Rule 2.7

Sanction Date means the date on which the Condition in paragraph 2(iii) of Appendix 3 of this Announcement is satisfied.

Sanction Date means the date on which the Condition in paragraph 2.3 of Appendix 3 (Conditions of the Acquisition and the Scheme) of this Announcement is satisfied.

Sanction Date means the first day on which the Court hears the application for an order under section 411(4)(b) of the Australian Act approving the Scheme or, if the application is adjourned or subject to appeal for any reason, the first day on which the adjourned or appealed application is heard.