Tranche 1 Series A CCPS definition

Tranche 1 Series A CCPS means fully paid-up cumulative compulsorily convertible participating preference shares of the Company having a face value of INR 10 (Indian RupeesTen only) each, carrying a coupon of 0.1% (zero point one percent) per annum and carrying the rights set out in Annexure 2 to Part B of these Articles issued to the Investors in terms of the Transaction Documents as part of the Primary Investor Securities;
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Tranche 1 Series A CCPS means the aggregate of the ACPE Tranche 1 Series A CCPS and the ACPIF Tranche 1 Series A CCPS;
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Tranche 1 Series A CCPS means fully paid-up cumulative compulsorily convertible participating preference shares of the Company having a face value of INR 10 (Indian Rupees Ten only) each, carrying a coupon of 0.1% (zero point one percent) per annum and carrying the rights set out in Annexure 2to Part B of these Articlesissued to the Investors in terms of theTransaction Documents;
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Examples of Tranche 1 Series A CCPS in a sentence

  • If the Investors hold any Tranche 1 Series A CCPS but do not hold any Tranche 2 Series A CCPS, then the Tranche 1 Conversion Ratio shall be adjusted such that upon conversion of such Tranche 1 Series A CCPS, the revised Final Purchase Price is equal to the Dilution Price.

  • If the Investors hold any Tranche 2 Series A CCPS but do not hold any Tranche 1 Series A CCPS, then the Tranche 2 Conversion Ratio shall be adjusted such that upon conversion of such Tranche 2 Series A CCPS, the revised Final Purchase Price is equal to the Dilution Price.

  • To authorize the issuance of the Tranche 1 Series A CCPS to the “Investors”(Amicus Capital Private Equity I LLP (“ACPE”) and Amicus Capital Partners India Fund I (“ACPIF” and together with ACPE,the “Investors”).

  • If the Investors hold any Tranche 1 Series A CCPS and any Tranche 2 Series A CCPS, then the Tranche 1 Conversion Ratio and the Tranche 2 Conversion Ratio shall both be adjusted such that upon conversion of all such Series A CCPS, the revised Final Purchase Price is equal to the Dilution Price.(b) Scenario 2.

  • Dividend:3.1. The Company shall be liable to pay a fixed dividend equivalent to an annual per share dividend of 0.1% (zero point one percent) of the face value of the Tranche 1 Series A CCPS calculated on and from the First Closing Date.

  • If the Investors hold any Tranche 1 Series A CCPS and any Tranche 2 Series A CCPS, then the Tranche 1 Conversion Ratio and the Tranche 2 Conversion Ratio shall both be adjusted such that upon conversion of all such Series A CCPS, the revised Final Purchase Price is equal to the Dilution Price.

  • Other personnel will be informed of individual test results only in the case of positive tests and authorized only on a need-to- know basis.

  • For such purpose, the Company and the Promoters agree that all necessary approvals including those from the Board and the Shareholders: 1.4.1 have been obtained to issue the relevant number of Equity Shares upon conversion of the Tranche 1 Series A CCPS as a condition precedent to the First Closing Date.

  • In accordance with the Investor Agreement, on 30 March 2021, 5,55,556 Tranche 1 Series A CCPS of INR 10/- each were converted into 1,89,942 equity shares of INR 10/- each at a premium of INR 516.47 per share and 3,80,953 Tranche 2 Series A CCPS of INR 10/- each were converted into 1,35,317 equity shares of INR 10/- each at a premium of INR 581.20 per share.

  • Данное Соглашение не заменяет все дополнительные соглашения к данному Соглашению.

Related to Tranche 1 Series A CCPS

  • Tranche the collective reference to Eurodollar Loans the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

  • Tranche 1 January 1, 2015 through December 31, 2015, which is allotted 25% of the Target Award,

  • Tranche 2 has the meaning set forth in Section 2.2(a)(ii).

  • Tranche A has the meaning assigned in Section 2.1(c)(i).

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Tranche C means the credit facility provided pursuant to Section 2.1 to or for the benefit of the Company by the Banks with a Tranche C Commitment, which such facility shall consist of Loans (and participations in Swingline Loans) in the currencies referenced under the heading “Tranche C” on Schedule 1.1 and shall be in the maximum aggregate amount of the Tranche C Commitments of such Banks, as adjusted from time to time pursuant to the terms hereof.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Tranche B has the meaning assigned in Section 2.1(c)(i).

  • Tranche A Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche A Term Loan hereunder on the Effective Date, expressed as an amount representing the maximum principal amount of the Tranche A Term Loan to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender's Tranche A Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Tranche A Commitment, as applicable. The initial aggregate amount of the Lenders' Tranche A Commitments is $50,000,000.

  • Tranche C Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TFA pursuant to Section 2.1(c) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche C Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Tranches shall have the meaning ascribed to such term in Section 2.1.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • Term Commitments means an Initial Term Commitment or a commitment in respect of any Incremental Term Loans or any combination thereof, as the context may require.

  • Class C Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Term Loan Commitment Amount means, (a) as to any Lender that is a Lender on the Closing Date, the dollar amount set forth opposite such Lender’s name on the Commitment Annex under the column “Term Loan Commitment Amount”, as such amount may be adjusted from time to time by any amounts assigned (with respect to such Lender’s portion of Term Loans outstanding and its commitment to make advances in respect of the Term Loan) pursuant to the terms of any and all effective assignment agreements to which such Lender is a party, and (b) as to any Lender that becomes a Lender after the Closing Date, the amount of the “Term Loan Commitment Amount(s)” of other Lender(s) assigned to such new Lender pursuant to the terms of the effective assignment agreement(s) pursuant to which such new Lender shall become a Lender, as such amount may be adjusted from time to time by any amounts assigned (with respect to such Lender’s portion of Term Loans outstanding and its commitment to make advances in respect of the Term Loan) pursuant to the terms of any and all effective assignment agreements to which such Lender is a party.

  • Term Loan Commitment Termination Date means the earliest to occur of (a) the Amendment No. 9 Effective Date, (b) the date the Term Loan Commitments are permanently reduced to zero pursuant to 2.01(b) and (c) the date of the termination of the Term Loan Commitments pursuant to Section 9.01.