Tranche A Completion definition

Tranche A Completion means the completion of the issue and allotment of the Tranche A Shares (if any) in accordance with this Agreement.
Tranche A Completion means completion of the sale and purchase of the Tranche A Shares in accordance with Clause 4 (Completion);
Tranche A Completion means the completion of the payment of the Tranche A Cash Payment pursuant to Section 2.2(a) of this Agreement.

Examples of Tranche A Completion in a sentence

  • A Completion shall take place remotely via electronic exchange of documents (or at any other place as agreed in writing by the parties) on the third (3rd) Business Day (not being later than the 90th day after the date of this Agreement) after the date on which the FCA Approval is obtained, subject to the Warranties given by the Purchaser and the Vendor being true, accurate and not misleading immediately prior to Tranche A Completion.

  • The New Disbursement Agreement and the New AAL will provide for the payment of the Tranche A Completion Loan Upfront Fees, the Tranche A Completion Loan Expenses, the Tranche B Completion Loan Upfront Fee, and the Tranche B Completion Loan Expenses, without interest thereon, on a pari passu basis, prior to any payment of principal or interest on any Prepetition Credit Agreement New Notes.

  • On the Tranche A Completion Date, the parties may proceed with Tranche A Completion even if the completion of the other two tranches has not yet occurred, and same for Tranche B Completion and Tranche C Completion.

  • The Tranche A Completion, the Tranche B Completion and the Tranche C Completion shall be independent of each other.

  • In the event that any of Tranche A Completion, Tranche B Completion or Tranche C Completion has not taken place by the Completion Long Stop Date, the sale and purchase of Acquisition Targets in the other tranches which have already been completed shall not be affected.

  • Not surprisingly, the respondent referred to the decision of the Upper Tribunal (‘UT’) in Willow Court Management Co (1985) Ltd v Alexander [2016] UKUT 290 (LC), which outlined a three-stage test for deciding rule 13 applications.

  • Neither the Company nor the Subscriber shall have any claim against each other save for liabilities for any antecedent breach thereof.Completion: Completion of the subscription and issue of the Tranche A Convertible Bond and the Tranche B Convertible Bond would take place on the Tranche A Completion Date and the Tranche B Completion Date, respectively, following all the above conditions precedent have been satisfied and/or waived.

  • The first$50,000,000 of the Tranche A Loans (the “ Initial Tranche A Completion Loans”) and the remaining $5,000,000 in Tranche A Loans (the “Secondary Tranche A Completion Loans” and together with the Initial Tranche A Loans, the “Tranche A Completion Loans”) are fully funded.

  • The New Disbursement Agreement and the New AAL will provide for the payment of the Tranche A Completion Loan Upfront Fees, the Tranche A Completion Loan Expenses, the Tranche B Completion Loan Upfront Fee, and the Tranche B Completion Loan Expenses, without interest thereon, on a pari passu basis, prior to any payment of principal or interest on any PrepetitionCredit Agreement New Notes.

  • For avoidance of doubt, the New AAL will provide for the payment of the Tranche A Completion Loan Upfront Fees, the Tranche A Completion Loan Expenses, the Tranche B Completion Loan Upfront Fee, and the Tranche B Completion Loan Expenses, without interest thereon, on a pari passu basis, prior to any payment of principal or interest on any Prepetition Credit Agreement New Notes.

Related to Tranche A Completion

  • Tranche A Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche A Term Loan hereunder on the Effective Date, expressed as an amount representing the maximum principal amount of the Tranche A Term Loan to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender's Tranche A Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Tranche A Commitment, as applicable. The initial aggregate amount of the Lenders' Tranche A Commitments is $50,000,000.

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

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

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

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

  • Increased Facility Closing Date any Business Day designated as such in an Increased Facility Activation Notice.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

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

  • Facility A Commitment means, with respect to any Lender, the principal amount set out beside such Lender's name in Schedule V with reference to Facility A, as amended from time to time, and to the extent not cancelled or terminated hereunder.

  • Incremental Operating Costs means the incremental expenses incurred by the Recipient’s implementing agencies on account of Project implementation, management, and monitoring, including office space rental, utilities, and supplies, bank charges, communications, advertising, vehicle operation, maintenance, and insurance, building and equipment maintenance costs, travel and supervision costs, and salaries of supporting staff, but excluding salaries of officials of the Recipient’s civil service.

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

  • Tranche A Borrowing Base means, at any time of calculation, an amount equal to:

  • Total Facility A Commitments means the aggregate of the Facility A Commitments, being €300,000,000 at the date of this Agreement.

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Term A Commitment means, as to each Term A Lender, its obligation to make Term A Loans to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term A Lender’s name on Schedule 2.01 under the caption “Term A Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term A Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche A Term Commitment as to any Lender, the obligation of such Lender, if any, to make a Tranche A Term Loan to the Borrower on the Incremental Facilities Closing Date in a principal amount not to exceed the amount set forth under the heading “Tranche A Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate amount of the Tranche A Term Commitments is $20,000,000.

  • 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.

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

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

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • 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.

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

  • 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.

  • Planned special exposure means an infrequent exposure to radiation, separate from and in addition to the annual occupational dose limits.

  • Tranche A Term Loan as defined in Section 2.1.