Tranche 2 definition

Tranche 2 means SEK 70,000,000.

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

Tranche 2 means the amount of [**] to be applied in payment of the third pre-delivery instalment due by the Borrower to the Builder under the Building Contract to be advanced by the Lenders on a Drawdown Date by way of their Contributions thereto;

Examples of Tranche 2 in a sentence

Any amendment of any provisions of this Agreement or any other Loan Document that directly affects the Lenders under one Tranche and does not directly affect Lenders under the other Tranche may be effected with the consent of Required Tranche 1 Lenders or Required Tranche 2 Lenders, as applicable, under such directly affected Tranche and not shall not require the consent of the Required Lenders.
The Borrower may permanently reduce each of the Aggregate Commitment, the Aggregate Tranche 1 Commitment or the Aggregate Tranche 2 Commitment, in each case, in whole, or in part ratably among the Lenders of each relevant Tranche in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof, upon at least three (3) Business Days’ written notice to the Administrative Agent, which notice shall specify the amount of any such reduction.
Tenant's obligation to take-or-pay for the Firm Expansion Capacity is subject to and conditioned upon the satisfaction of the Tranche 2 Power Conditions set forth in Section 1(f)(vii), and no take-or- ay obligation of Tenant with respect to the Firm Expansion Capacity shall arise, or have any force or effect, unless and until all Tranche 2 Power Conditions have been actually satisfied or waived in writing by Tenant.

More Definitions of Tranche 2

Tranche 2. January 1, 2015 through December 31, 2016, which is allotted 25% of the Target Award, and

Tranche 2 means an anticipated placing of Ordinary Shares proposed to take place within 180 days of completion of Admission, consisting of the US IPO and any concurrent Exempt Placement;

Tranche 2 means, in respect of any Financial Year in which Tranche 1 is $500,000,000 (or, with respect to any Financial Year for which Tranche 1 is Prorated, such Prorated amount), the Adjusted Global Net Income less the sum of (i) the Sempra Member Group’s Unallocated Preferred Return, plus (ii) the RBS Member Group’s Unallocated Preferred Return, plus (iii) the Sempra Member Group’s Preferred Return, plus (iv) the RBS Member Group’s Preferred Return, plus (v) Tranche 1, and in respect of any Financial Year in which Tranche 1 is less than $500,000,000 (or, with respect to any Financial Year for which Tranche 1 is Prorated, such Prorated amount), $0;

Tranche 2 means the Advances pursuant to Section 2.2(b).

Tranche 2 the “second” segment consisting of 4,000,000 shares exercisable under the Series B Warrant as hereby amended (i.e., available warrant shares no. 2,000,001 through 6,000,000).

Tranche 2 warrant shares shall in no event be exercisable after 5:00 p.m., New York Time, March 31, 2016.

Tranche 2 means the Equivalent Amount of the amount of the Hermes Premium payable by the Borrower to Hermes through the Hermes Agent on issue of the Hermes Cover;