Tranche 2 Completion definition

Tranche 2 Completion means completion of the transfer of the Tranche 2 Interests from Exxaro to Tronox Purchaser;
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Tranche 2 Completion means the completion of the issue and allotment of the Tranche 2 Subscription Shares in accordance with clause 6;
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Examples of Tranche 2 Completion in a sentence

  • Upon Tranche 2 Completion, BTHL will be held as to approximately 83.90%, approximately 15.56% and approximately 0.54% by TWB Holdings, Glorify and ABL, respectively.

  • Accordingly, upon each of Tranche 1 Completion and Tranche 2 Completion, Glorify shall deposit with TWB Holdings, share certificates representing 51% of the Sale Shares acquired by Glorify at each of Tranche 1 Completion and Tranche 2 Completion, for the purpose of topping up Glorify’s obligations to pledge 51% of the BTHL Shares held by it.

  • Tranche 1 and the Tranche 2 Completion took place on 8 December 2021 and 28 March 2022, respectively and all the conditions precedent for Tranche 1 Completion and Tranche 2 Completion were fulfilled.

  • The Remaining Sale Shares would be acquired by the Acquirer from the Sellers in a proportion which would be intimated by the Sellers to the Acquirer at least 5 Business Days (as defined in the SPA) prior to the Tranche 2 Completion Date (as defined in the SPA).

  • This proforma has been prepared on the assumption that there will be no adjustment to the Tranche 1 and Tranche 2 Completion Consideration of £151 million and that no Deferred Consideration will be paid.

  • At Tranche 2 Completion, the Subscriber must pay the Subscription Price with respect to the Tranche 2 Subscription Shares in Immediately Available Funds.

  • Tranche 2 Completion shall take place (i) on 31 July 2025; or (ii) within 6 months of the service of the Termination Notice and on the date determined by the Non-Defaulter, if such date is not agreed between the Defaulter and the Non-Defaulter.

  • During the first 36 months of this period, the beneficiary is entitled to full benefits in any month when he or she is not engaged in SGA, provided that benefits have not been terminated for medical recovery or some other reason.

  • Notwithstanding the obligations in clause7.1, if the Company is unable to issue a Cleansing Statement immediately following Tranche 1 Completion or Tranche 2 Completion (as applicable), the Company is not required to issue a Cleansing Statement and will instead lodge a Cleansing Prospectus with ASIC (and the UKLA) as soon as reasonably practicable after Tranche 2 Completion, and in any event no later than the date that is 6 months after the Tranche 1 Completion Date.

  • This proforma has been prepared on the assumption that there will be no adjustment to the Tranche 1 and Tranche 2 Completion Consideration of £151 million in aggregate and that the Maximum Deferred Consideration will be paid.

Related to Tranche 2 Completion

  • The Completion Date means the date of completion of the Works as certified by the Employer’s Representative.

  • Scheduled Completion Date shall be the date set forth in Clause 10.3;

  • Final Completion Date means the date on which Final Completion occurs.

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Substantial Completion Date means the date on which Substantial Completion occurs.

  • Construction Completion Date means the date by which the overall development of the Project is completed in accordance with the provisions of this Agreement and when the Construction Completion Certificate is issued by the Independent Engineer as per Article 14.1.

  • Target Completion Date has the meaning given such term in Section 3.3(b).

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • Substantial Completion means the stage in the progress of the work as determined and certified by the Contracting Officer in writing to the Contractor, on which the work (or a portion designated by the Government) is sufficiently complete and satisfactory. Substantial completion means that the property may be occupied or used for the purpose for which it is intended, and only minor items such as touch-up, adjustments, and minor replacements or installations remain to be completed or corrected which:

  • Project Completion means completion of the Redevelopment in accordance with this Agreement to the state where the whole of the Morley Shopping Centre, as so redeveloped, is capable of occupation for its intended purpose;

  • Final completion and acceptance means the stage in the progress of the work as determined by the Contracting Officer and confirmed in writing to the Contractor, at which all work required under the contract has been completed in a satisfactory manner, subject to the discovery of defects after final completion, and except for items specifically excluded in the notice of final acceptance.

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Outside Completion Date shall have the meaning assigned to such term in Section 6.3(d).

  • Study Completion means the database for the Study has been locked and all Essential Documents have been provided to the Sponsor, including a copy of the letter from the Reviewing HREC acknowledging receipt of the final report and/or closure letter from the Principal Investigator.

  • Phase 2 means the second implementation phase of this section, beginning June 1, 2022 and continuing thereafter.

  • Successful Completion means that in the reasonable opinion of the Customer, Deliverables completed by the Supplier are fit for purpose, completed on time and otherwise meet all the criteria defined under this Contract;

  • Milestone Date means the date set against the relevant Milestone in the Implementation Plan;

  • Completion Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.

  • Loan Commencement Date means, with respect to each Loan, the first Business Day of the calendar month following the Funding Date of such Loan.

  • Phase 1 means the first implementation phase of this section, beginning June 1, 2018 and ending May 31, 2022.

  • Commencement Date or Handover Date means the date on which the Licensed Space of first lot of stations as per Annexure 1 is handed over by DMRC to the Selected Bidder, in accordance with the terms of this agreement.

  • Tests after Completion means the tests (if any) which are specified in the Contract and which are carried out in accordance with the Specification after the Works or a Section (as the case may be) are taken over by the Procuring Entity.

  • Virtual Completion means the premise is in the opinion of the Employer fit for occupation.

  • Tests on Completion means the tests which are specified in the Contract or agreed by both Parties or instructed as a Variation, and which are carried out under Clause 9 [Tests on Completion] before the Works or a Section (as the case may be) are taken over by the Procuring Entity.

  • Term Start Date has the meaning set forth in Section 1.01.