Tranche 2 Series A CCPS definition

Tranche 2 Series A CCPS means fully paid-up Tranche 2 Series A 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 2 to Part B of these Articles to be issued to the Investors in terms of the Transaction Documents as part of the Additional Primary Investor Securities;
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Tranche 2 Series A CCPS means 3,80,953 (three lakhs eighty thousand nine hundred fifty three) fully paid-up Tranche 2 Series A cumulative compulsorily convertible participating preference shares of the Company having a face value of INR 10 (Indian Rupees Ten only) each at a premium of INR 200 (Indian Rupees Two Hundred only), carrying a coupon of 0.1% (zero point one percent) per annum and carrying the rights set out in Annexure 2 to be issued to the Investors in terms of the SSA as part of the Additional Primary Investor Securities;
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Tranche 2 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 Articlesto be issued to the Investors in terms of theTransaction Documents
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Examples of Tranche 2 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.

  • Design standard (SSDC Landscape Design - A Guide to Good Practice and the Addendum thereto).

  • 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.

  • 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.

  • Interest of the Directors and KMP: Mr. Mahesh Parasuraman, who is a director on the board of directors of the Company is also a designated partner of ACPE, which proposes to subscribe to ACPE Tranche 2 Series A CCPS and the ACPE Tranche 2 Series A Equity Shares, and a Sponsor of ACPIF, which proposes to subscribe to ACPIF Tranche 2 Series A CCPS and the ACPIF Tranche 2 Series A Equity Shares.

  • Given that the Company intends to issue the Tranche 2 Series A CCPS to the Investors, the Members of the Company are required to authorize the issuance of such preference shares.

  • Accordingly, the consent of the shareholders by way of special resolution is being sought pursuant to the provisions of Section 42 of the Companies Act, 2013 read with Section 62(1)(c) of the Companies Act, 2013 and all other applicable provisions of the Companies Act, 2013 for the issuance of the Tranche 2 Series A CCPS as well as the Tranche 2 Series A Equity Shares on a private placement basis.

  • 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.

  • Both the Tranche 2 Series A CCPS and the Tranche 2 Series A Equity Shares are proposed to be issued under Section 42 of the Companies Act, 2013 read with Section 62(1)(c) of the Companies Act, 2013 read with all applicable rules framed thereunder.


More Definitions of Tranche 2 Series A CCPS

Tranche 2 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 this Annexure 1to be issued to the Investors in terms of the SSA; and
Sample 1

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

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

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

  • Class B Floating Percentage means, with respect to any Monthly Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is equal to the Class B Adjusted Invested Amount as of the close of business on the last day of the preceding Monthly Period and the denominator of which is equal to the Adjusted Invested Amount as of the close of business on such day; provided, however, that with respect to the first Monthly Period, the Class B Floating Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Class B Initial Invested Amount and the denominator of which is the Initial Invested Amount.

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

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

  • Series B Notes is defined in Section 1.

  • Tranche B Notes means the promissory notes, if any, of the Borrower in favor of each Tranche B Lender provided pursuant to Section 2.4(f) or Section 2.5(f) and evidencing the Tranche B Loans of such Tranche B Lender, individually or collectively, as appropriate, as such promissory notes may be amended, modified, restated, supplemented, extended, renewed or replaced from time to time.

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

  • Class A-2 Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

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

  • 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 A Notes is defined in Section 1.1.

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

  • Class A Floating Percentage means, with respect to any Monthly Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is equal to the Class A Adjusted Invested Amount as of the close of business on the last day of the preceding Monthly Period and the denominator of which is equal to the Adjusted Invested Amount as of such day; provided, however, that with respect to the first Monthly Period, the Class A Floating Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Class A Initial Invested Amount and the denominator of which is the Initial Invested Amount.

  • Class A-1 Maturity Date means [ ] (or, if such day is not a Business Day, the next preceding Business Day).

  • Series Invested Amount means the Initial Invested Amount.

  • Class A-3 Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Tranche B Maturity Date means May 8, 2009, or, if such day is not a Business Day, the next preceding Business Day.

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

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