Second Tranche Availability Period definition

Second Tranche Availability Period means the period of time commencing upon January 1, 2022, and ending on the earliest to occur of (i) an Event of Default, and (ii) June 30, 2022.

Second Tranche Availability Period means the period commencing on December 1, 2019 and ending June 1, 2020, inclusive.

Second Tranche Availability Period means the period commencing on the Closing Date and ending on June 30, 2020.”

Examples of Second Tranche Availability Period in a sentence

• The Securities Exchange Board of India (SEBI) has come out with additional guidelines on Corporate Governance by revising Clause 49 of the Listing agreement.

• Subject to the terms and conditions of this Agreement, each Lender agrees, severally and not jointly, to make to Borrowers an advance during the Second Tranche Availability Period in principal amount equal to its Second Tranche Term Loan Commitment (the “ Second Tranche Term Loan”).

• In particular, compared to the US, Australia has a different trading mechanism (pure order-driven); a voluntary and less stringent governance environment (comply or explain); a weak “market for control” (a lack of threat of takeover); a high ownership concentration, and a low litigation risk.

• Lenders’ commitments to make the Second Tranche Term Loans shall terminate upon the earlier of (i) the end of the Second Tranche Availability Period, and (ii) the date the Second Tranche Term Loans have been funded.

• Subject to achievement of the Lenabasum Phase 3 Milestone and the terms and conditions of this Agreement, each Lender agrees, severally and not jointly, to make to Borrowers an additional advance during the Second Tranche Availability Period in a principal amount equal to its Second Tranche Term Loan Commitment (the “ Second Tranche Term Loans”).

More Definitions of Second Tranche Availability Period

Second Tranche Availability Period means the period from and after the Effective Date to the earliest of (a) the date that is one (1) year following the First Tranche Notes Issuance Date, (b) the date of termination of the Second Tranche Note Purchase Commitments pursuant to Section 2.04 and (c) the date of termination of the Second Tranche Note Purchase Commitments pursuant to Section 9.02.

Second Tranche Availability Period means the period commencing on the date the Lenabasum Phase 3 Milestone is met and ending on the earlier of (i) four weeks following the date the Lenabasum Phase 3 Milestone is met and (ii) September 30, 2020 provided that if the date the Lenabasum Phase 3 Milestone is met occurs on or after the date that is five (5) Business Days prior to September 30, 2020 and prior to September 30, 2020, the Second Tranche Availability Period shall automatically be extended to the date that is ten (10) Business Days following the date the Lenabasum Phase 3 Milestone is met.

Second Tranche Availability Period means the period of time commencing upon the occurrence of the Second Tranche Milestone, but no earlier than October 1, 2021 and ending on February 1, 2022.

Second Tranche Availability Period means the period commencing on the date the Equity Milestone is met and ending September 30, 2020.

Second Tranche Availability Period means the period commencing on the date the Second Tranche Milestone is met and ending September 30, 2023.

Second Tranche Availability Period means the period commencing on the Closing Date and ending at 2:00 pm New York City time on the date that is nine months from the Closing Date; provided, however, that in no event shall the Second Tranche Availability Period extend beyond the Maturity Date.

Second Tranche Availability Period means the period commencing on the date the Equity Milestone is met and ending September 30, 2020. “Second Tranche Term Loan” has the meaning set forth in Section 2.2(a).