Tranche 3 definition

Tranche 3 means the amount of [**] to be applied in payment of the fourth 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;

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Tranche 3 means SEK 65,000,000 minus Transaction Costs.

Tranche 3 has the meaning set forth in Section 2.2(a)(iii).

Examples of Tranche 3 in a sentence

Borrower shall have paid (a) to Agent, for the ratable benefit of the Lenders, the Tranche 3 Facility Charge in an amount of One Hundred Seventy-Five Thousand Dollars ($175,000) and (b) all reasonable Lender expenses (including all reasonable attorneys' fees and reasonable expenses) incurred through the date of this Amendment for the documentation and negotiation of this Amendment, in each case, to the extent invoiced on or prior to the Third Amendment Closing Date.
Agent shall have received a duly executed Advance Request with respect to the Tranche 3 Advance to be made on the Third Amendment Closing Date at least one (1) Business Day before the Third Amendment Closing Date.
Subject to (i) Your compliance with the terms and conditions of this Agreement and the Continuing Obligations and any other agreements with any member of the Group to which You are a party and (ii) Your timely re-execution, delivery and non-revocation of the Release, the Tranche 3 RSUs (as defined in the Restricted Stock Unit Award Terms and Conditions under Coty Inc.

More Definitions of Tranche 3

Tranche 3. January 1, 2015 through December 31, 2017, which is allotted 50% of the Target Award.

Tranche 3 warrant shares shall in no event be exercisable after 5:00 p.m., New York Time, July 31, 2016.

Tranche 3 means the Bonds with ISIN SE0013281920, initially allocated to certain management members of the Group as part of the Restructuring.

Tranche 3 the “third” segment consisting of 6,000,000 shares exercisable under the Series B Warrant as hereby amended (i.e., available warrant shares no. 6,000,001 through 12,000,000).

Tranche 3 means the Advance pursuant to Section 2.2(c).

Tranche 3 and “Tranche 4”) and the number of Shares that the Participant may earn from each tranche, if any, with respect to the applicable Performance Period for the tranche, is determined by the schedule below, with each Performance Share Unit capable of earning one Share at target performance (50th percentile): 90th percentile or above 200 % 70th percentile 150 % 50th percentile 100 % 30th percentile 50 % Below 30th percentile 0 % * For any amounts calculated under this Section 3 that fall between two percentiles set forth in the left column above that are between the 90th percentile and the 30th percentile, the percentage of the number of Shares that the Participant earns under the Performance Share Units for the applicable Performance Period shall be interpolated in a straight line between the two relevant percentiles. If the Company’s TSR is negative for the applicable Performance Period, the Percentage of Target Performance Share Units Earned for that Performance Period shall be capped at no greater than 100%.

Tranche 3 shall consist of [_____] Performance Shares.