Tranche 2 Consideration definition

Tranche 2 Consideration shall have the meaning given to such term in Section 2.02(a).
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Tranche 2 Consideration means an amount equal to 13% of the value of the UK Loans on the Tranche 2 Completion Date;
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Examples of Tranche 2 Consideration in a sentence

  • On 21 May 2021 and 2 July 2021, the Company announced that it has received the Tranche 1 and Tranche 2 Consideration of RMB 1,603.0 million and RMB 687.0 million respectively, for an aggregate amount of RMB 2,290.0 million.

  • The Tranche 2 Consideration will be payable upon an announcement by the Company of shipment(s) of a minimum of 50,000 tons of Kaolin Clay or derived product from the project held by Halcyon (Tranche 2 Milestone).

  • The second tranche of the Transaction will be implemented after the audited financial statements of Pack ‘n Stack and its subsidiaries for the financial year ending 31 December 2020 has been finalised, on the third Business Day following the Tranche 2 Purchase Consideration being agreed or determined in terms of the Transaction Agreement, on which date CA Sales will take transfer of the Tranche 2 Sale Shares and will issue the Tranche 2 Consideration Shares.

  • The Tranche 2 Consideration will be satisfied by, at the Company's election, the issuance of 8,000,000 Shares to the Vendors (or their respective nominees) based on a 30 day VWAP (subject to ASX shareholder approval) or an equivalent cash payment.

  • A further 7,812,500 Shares were issued to the Company’s Corporate Advisor (or nominees) in respect of fees payable upon issue of the Tranche 2 Consideration Shares.

  • The Company will release further announcement(s) in relation to the Proposed Disposal, the Tranche 2 Consideration and the Tranche 2 Special Dividend as and when necessary in compliance with the Listing Manual of the SGX-ST.

  • Shareholders are advised to exercise caution in trading their Shares in the Company as there is no certainty or assurance that the Tranche 2 Consideration will be received or that the Tranche 2 Special Dividend will be paid.

  • Following the upgraded resource announcement in November 2016, and in line with the terms of the sale, the Company issued a further 62,500,000 Shares pro-rata to the ELL Shareholders on 23 December 2016 (Tranche 2 Consideration Shares).

  • If Shares are issued on satisfaction of the Tranche 2 Milestone, 4,000,000 of the Tranche 2 Consideration will be subject to voluntary escrow for a period of 6 months.

  • General Resolution 9 seeks the approval of Shareholders pursuant to Listing Rule 7.4 to ratify the issue of the Tranche 2 Consideration Shares.

Related to Tranche 2 Consideration

  • Aggregate Stock Consideration means a number of shares of Acquiror Common Stock equal to the quotient obtained by dividing (i) (x) the Base Purchase Price less (y) the Aggregate Cash Consideration, by (ii) $10.00.

  • Initial Consideration shall have the meaning set forth in Section 5.01.

  • Total Consideration shall have the meaning as set forth in Section 2.8.

  • Cash Consideration has the meaning set forth in Section 2.2.

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Earnout Consideration has the meaning set forth in Section 2.6 below.

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

  • Stock Consideration has the meaning set forth in Section 2.01(c).

  • Additional Consideration has the meaning set forth in Section 3.2.

  • Earn-Out Consideration is defined in Section 2.5(c).

  • Option Consideration has the meaning set forth in Section 3.3(a).

  • Acquisition Consideration means the purchase consideration for any Permitted Acquisition and all other payments by Borrower or any of its Subsidiaries in exchange for, or as part of, or in connection with, any Permitted Acquisition, whether paid in cash or by exchange of Equity Interests or of properties or otherwise and whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and includes any and all payments representing the purchase price and any assumptions of Indebtedness, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any person or business; provided that any such future payment that is subject to a contingency shall be considered Acquisition Consideration only to the extent of the reserve, if any, required under GAAP at the time of such sale to be established in respect thereof by Borrower or any of its Subsidiaries.

  • Minimum Consideration means the $.01 par value per share or such larger amount determined pursuant to resolution of the Board to be capital within the meaning of Section 154 of the Delaware General Corporation Law.

  • Designated Noncash Consideration means the fair market value of noncash consideration received by the Company or one of its Restricted Subsidiaries in connection with an Asset Sale that is so designated as Designated Noncash Consideration pursuant to an Officers' Certificate, setting forth the basis of such valuation, executed by the principal executive officer and the principal financial officer of the Company, less the amount of cash or Cash Equivalents received in connection with a sale of such Designated Noncash Consideration.

  • Transaction Consideration has the meaning set forth in Section 11.7 hereof.

  • Designated Non-Cash Consideration means the Fair Market Value of non-cash consideration received by the Issuer or one of its Restricted Subsidiaries in connection with an Asset Sale that is so designated as Designated Non-cash Consideration pursuant to an Officer’s Certificate, setting forth the basis of such valuation, less the amount of Cash Equivalents received in connection with a subsequent sale of or collection on such Designated Non-cash Consideration.

  • Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class B Ordinary Share and having the rights provided for in these Articles;

  • Class A Share means a Class A ordinary share of a par value of US$0.0001 in the share capital of the Company.

  • Base Consideration is defined in Section 2.2.

  • Class A Ordinary Share Value means, as of the close of business on the day preceding the date, the volume weighted average trading price of the Class A Ordinary Shares on all trading platforms or trading systems on which the Class A Ordinary Shares are being traded over the forty-five (45) trading days then ended, provided, that if the total aggregate trading volume over such 45-trading-day period is less than 5% of the public float, such period shall be extended to the ninety (90) trading days then ended, provided, further, if the total aggregate trading volume over such 90-trading-day period is less than 5% of the public float, the holder of the Class B Ordinary Shares shall request that the Board obtain an appraisal of the value of the Class A Ordinary Shares from one or more independent nationally-recognized third party appraisal companies and such appraisal shall constitute the Class A Ordinary Share Value.

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • Class A Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class A Ordinary Shares and having the rights provided for in these Articles;

  • Net Consideration means “net consideration” as defined in Regulation Section 1.848-2(f));

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Non-Cash Consideration means consideration in a form other than cash.

  • Aggregate Consideration has the meaning set forth in Section 11.6(C).