SPA2 definition
Examples of SPA2 in a sentence
On [__________], 2013, SPE Mauritius Holdings wired US$3,574,462 to the bank account of Grandway at [ ] in Port Louis, Mauritius in payment of the purchase price due to Grandway from SPE Mauritius Holdings under the Grandway SPA.2 On [__________], 2013, SPE Mauritius Holdings wired US$1,855,284 to the Income Tax Department of India as a withholding payment due on the purchase price paid by SPE Mauritius Holdings to Grandway under the Grandway SPA.
Polestar acknowledges that the development time plan for SPA2 is directly linked to this Agreement and that any delay in the SPA2 development could have direct implications on the deliverables.
Based upon a share purchase agreement dated 31 December 2008 (hereinafter called: "SPA2") Reunite was obliged to deliver and transfer 24% of the outstanding shares in the capital stock of the Brand Owner to Nedfield against a consideration of seven million (7,000,000) euro.
The base assumption has been that SPA2 should serve as a common platform and MEP2 as common electrified powertrain for both Volvo Cars vehicles and Polestar vehicles, thereby benefitting both Parties.
The start of production of SPA2 and the Polestar Vehicle is currently scheduled for [***].
If SPA2 will be introduced later than [***], Section 9.1.3 below shall apply.
The Parties acknowledge the feet that SPA2 development is currently scheduled for [***].
On [__________], 2013, SPE Mauritius Holdings wired US$3,574,462 to the bank account of Grandway at [ ] in Port Louis, Mauritius in payment of the purchase price due to Grandway from SPE Mauritius Holdings under the Grandway SPA.2 On [__________], 2013, SPE Mauritius Holdings wired US$1,855,284 to the Income Tax Department of India as a withholding tax payment due on the purchase price paid by SPE Mauritius Holdings to Grandway under the Grandway SPA.
The Parties acknowledge the fact that SPA2 development is currently scheduled for [***].
The start of production of SPA2 and the Polestar Vehicle is planned [***] and the pre-requisite for this Agreement is that the Polestar Vehicle will be produced solely in the Volvo Cars Chengdu plant in China.