Acquisition Tranche Grant definition

Acquisition Tranche Grant means subject to Clause 5.4 (Firm Schemes) (and any variation required or agreed pursuant to the terms of this Agreement) an amount equivalent to such per centum of the Firm Scheme Grant as is approved by Homes England on IMS as payable on achievement of the Acquisition Stage with respect to the relevant Firm Scheme; Actual Development Costs means in respect of each Firm Scheme the amount of Development Costs actually incurred by the Grant Recipient in Delivering that Firm Scheme as such amount is warranted and certified by the Grant Recipient pursuant to Clause 14.3.2(d) (Grant Claim Procedures);
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Acquisition Tranche Grant means subject to Clause 4.3 (Capital Firm Schemes) and Clause 5.3.1(c) (Changes to Capital Firm Schemes) an amount equivalent to forty-five per centum (45%) of the Capital Firm Scheme Grant (or such other per centum as is approved by Homes England on IMS as payable following achievement of the Acquisition Date with respect to the relevant Capital Firm Scheme);
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Acquisition Tranche Grant means subject to Clause 4.4 (Firm Schemes) (and any variation required or agreed pursuant to the terms of this Agreement), an amount equivalent to such per centum of the Firm Scheme Grant as is approved by Homes England on IMS as payable on achievement of the Acquisition Stage with respect to the relevant Firm Scheme;
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Examples of Acquisition Tranche Grant in a sentence

  • Subject to a Named Project having reached the Acquisition Tranche Payment Date, the Grant Recipient may apply to the GLA for the Acquisition Tranche Grant payable in respect of that Named Project to be paid to it.

  • Subject to the Acceptance Date having passed, the Grant Recipient may apply to Homes England for the Acquisition Tranche Grant payable in respect of that Capital Firm Scheme to be paid to it (the AT Claim).

  • Subject to a Named Project having reached the Acquisition Tranche Payment Date, the Lead Partner may apply to the GLA for the Acquisition Tranche Grant payable in respect of that Named Project to be paid to it.

  • Homes England may at its absolute discretion vary the percentages attributed to the Acquisition Tranche Grant, the First Tranche Grant and/or the Second Tranche Grant from time to time save that no such variation will take effect in relation to a Firm Scheme which has been confirmed as such by Homes England pursuant to Condition 6.1 and in relation to which any Tranche has already been paid.

  • Condition 13.5.10, the Recoverable Amount shall be a sum equivalent to the Acquisition Tranche Grant.

  • Homes England shall (resources permitting) pay the Acquisition Tranche Grant, First Tranche Grant, the Second Tranche Grant or the Total Grant Sum (as applicable) to the Grant Recipient within ten (10) Business Days of receipt of a relevant satisfactory application.

  • Subject to: Homes England (acting reasonably) being satisfied with the Grant Recipient’s application for payment including the information warranted pursuant to Conditions 9.2, 9.4, 9.6 and 9.8; and Conditions 11.3, 11.4, 12 and 37.1, Homes England shall (resources permitting) pay the Acquisition Tranche Grant, First Tranche Grant, the Second Tranche Grant or the Total Grant Sum (as applicable) to the Grant Recipient within ten (10) Business Days of receipt of a relevant satisfactory application.

  • It is not expected that the introduction of the Acquisition Tranche Grant will have any effect on the usual process followed to claim grant.

  • The Grant Recipient must, subject to paragraphs 2.2 and 2.3, have a Completed Interest in each Named Project before the Acquisition Tranche Grant may be claimed under Condition 10.1.

  • Subject to the Acceptance Date having passed, the Lead Partner may apply to Homes England for the Acquisition Tranche Grant payable in respect of that Capital Firm Scheme to be paid to it (the AT Claim).


More Definitions of Acquisition Tranche Grant

Acquisition Tranche Grant means subject to Conditions 6.5 and 9.7 such sum as is equivalent to forty per centum (40%) of the Firm Scheme Grant;
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Acquisition Tranche Grant means subject to Clause 4.3 (Capital Firm Schemes) and Clause 5.3.1(c) (Changes to Capital Firm Schemes) an amount equivalent to such per centum of the Capital Firm Scheme Grant as is approved by Homes England on IMS as payable following achievement of the Acquisition Stage with respect to the relevant Capital Firm Scheme; Actual Development Costs means in respect of each Capital Firm Scheme the amount of Development Costs actually incurred by the Grant Recipient in Delivering that Capital Firm Scheme as such amount is warranted and certified by the Grant Recipient pursuant to Clause 17 (Capital Grant Claim Procedures);
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Acquisition Tranche Grant means subject to Condition 5.4 (Firm Schemes) such sum as is equivalent to forty per centum (40%) of the Firm Scheme Grant; 2 The definition of "Actual Development Costs" shall be amended by replacing the words "Condition 13.2.3 (Grant Claim Procedures) and Condition 13.4.3 (Grant Claim Procedures);" with the following: "Condition 13.2.3 (Grant Claim Procedures), Condition 13.4.1 (Grant Claim Procedures) and Condition 13.6.3 (Grant Claim Procedures);" 3 The definition of "Completed Firm Scheme" shall be deleted and replaced with the following: "Completed Firm Scheme means (without prejudice to the operation of Condition 17.2.13 (Repayment of Grant)) a Firm Scheme in relation to which the Agency has paid all of the Acquisition Tranche Grant, the First Tranche Grant and the Second Tranche Grant;" 4 The definitions of "First Tranche Grant" and "Second Tranche Grant" shall be deleted and replaced with the following:
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Acquisition Tranche Grant means subject to clause Error! Reference source not found. (Firm Schemes) (and any variation required or agreed pursuant to the terms of this Agreement) an amount equivalent to such per centum of the Firm Scheme Grant as is approved by Homes England on IMS as payable on achievement of the Acquisition Stage with respect to the relevant Firm Scheme; Actual Development Costs means in respect of each Firm Scheme the amount of Development Costs actually incurred by the Relevant Consortium Member in Delivering that Firm Scheme as such amount is warranted and certified by the Lead Partner pursuant to clause 14.3.2(d) (Grant Claim Procedures); Additional Tranche Grant means each sum approved by Homes England in IMS pursuant to clause 14.7 (Grant Claim Procedures) in relation to a Firm Scheme;
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Related to Acquisition Tranche Grant

  • Proposed Acquisition Transaction means, with respect to a SpinCo, a transaction or series of transactions (or any agreement, understanding or arrangement, within the meaning of Section 355(e) of the Code and Treasury Regulations Section 1.355-7, or any other Treasury Regulations promulgated thereunder, to enter into a transaction or series of transactions), whether such transaction is supported by the management or shareholders of such SpinCo, is a hostile acquisition, or otherwise, as a result of which such SpinCo would merge or consolidate with any other Person or as a result of which any Person or Persons would (directly or indirectly) acquire, or have the right to acquire, from such SpinCo and/or one or more holders of outstanding shares of Capital Stock of such SpinCo, a number of shares of Capital Stock of such SpinCo that would, when combined with any other changes in ownership of Capital Stock of such SpinCo pertinent for purposes of Section 355(e) of the Code, comprise 45% or more of (a) the value of all outstanding shares of stock of such SpinCo as of the date of such transaction, or in the case of a series of transactions, the date of the last transaction of such series, or (b) the total combined voting power of all outstanding shares of voting stock of such SpinCo as of the date of such transaction, or in the case of a series of transactions, the date of the last transaction of such series. Notwithstanding the foregoing, a Proposed Acquisition Transaction shall not include (i) the adoption by such SpinCo of a shareholder rights plan or (ii) issuances by such SpinCo that satisfy Safe Harbor VIII (relating to acquisitions in connection with a person’s performance of services) or Safe Harbor IX (relating to acquisitions by a retirement plan of an employer) of Treasury Regulations Section 1.355-7(d). For purposes of determining whether a transaction constitutes an indirect acquisition, any recapitalization resulting in a shift of voting power or any redemption of shares of stock shall be treated as an indirect acquisition of shares of stock by the non-exchanging shareholders. This definition and the application thereof is intended to monitor compliance with Section 355(e) of the Code and shall be interpreted accordingly. Any clarification of, or change in, the statute or Treasury Regulations promulgated under Section 355(e) of the Code shall be incorporated into this definition and its interpretation.

  • Acquisition Transaction means any transaction or series of transactions involving:

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Limited Condition Transaction means any Acquisition Transaction or any other acquisition or Investment permitted by this Agreement, in each case whose consummation is not conditioned on the availability of, or on obtaining, third party financing.

  • Company Acquisition Transaction means any transaction or series of transactions involving:

  • Shares Acquisition Date means the first date of public announcement by the Company or an Acquiring Person that an Acquiring Person has become such.

  • Stock Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) under the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such.

  • Acquisition Closing Date means the “Closing Date” as defined in the Acquisition Agreement.

  • Limited Condition Acquisition means any acquisition, including by way of merger, by the Borrower or one or more of its Restricted Subsidiaries permitted pursuant to this Agreement whose consummation is not conditioned upon the availability of, or on obtaining, third party financing.

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

  • Proposed Acquisition means the proposed acquisition by the Borrower or any of its Subsidiaries of all or substantially all of the assets or Stock of any Proposed Acquisition Target, or the merger of any Proposed Acquisition Target with or into the Borrower or any Subsidiary of the Borrower (and, in the case of a merger with the Borrower, with the Borrower being the surviving corporation).

  • Specified Acquisition means one or more acquisitions of assets or entities or operating lines or divisions in any rolling 12-month period for an aggregate purchase price of not less than $50,000,000.

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the holders of Common Shares. Such term does not include:

  • Make-Whole Acquisition Stock Price means the consideration paid per share of Common Stock in a Make-Whole Acquisition. If such consideration consists only of cash, the Make-Whole Acquisition Stock Price shall equal the amount of cash paid per share of Common Stock. If such consideration consists of any property other than cash, the Make-Whole Acquisition Stock Price shall be the average of the Closing Price per share of Common Stock on each of the 10 consecutive Trading Days up to, but not including, the Make-Whole Acquisition Effective Date.

  • Qualifying Acquisition has the meaning specified in Section 5.03.

  • Conditional Incremental Auction means an Incremental Auction conducted for a Delivery Year if and when necessary to secure commitments of additional capacity to address reliability criteria violations arising from the delay in a Backbone Transmission upgrade that was modeled in the Base Residual Auction for such Delivery Year.

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

  • First Tranche means the amount of the Loan allocated to the category entitled “First Tranche” in the table set forth in Part B of Schedule 1 to this Agreement.

  • Permitted Acquisition means any acquisition by Borrower or any of its wholly-owned Subsidiaries, whether by purchase, merger or otherwise, of all or substantially all of the assets of, all of the Equity Interests of, or a business line or unit or a division of, any Person; provided that:

  • Second Incremental Auction means an Incremental Auction conducted ten months before the Delivery Year to which it relates.

  • Option Closing Date shall have the meaning ascribed to such term in Section 2.2(c).

  • Commitment Increase Effective Date has the meaning set forth in Section 2.02(b).

  • Permitted Acquisition Consideration means in connection with any Permitted Acquisition, the aggregate amount (as valued at the Fair Market Value of such Permitted Acquisition at the time such Permitted Acquisition is made) of, without duplication: (a) the purchase consideration paid or payable in cash for such Permitted Acquisition, 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 including any and all payments representing the purchase price and any assumptions of Indebtedness and/or Guarantee Obligations, “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 and (b) the aggregate amount of Indebtedness incurred or assumed in connection with such Permitted Acquisition; provided, in each case, that any such future payment that is subject to a contingency shall be considered Permitted Acquisition Consideration only to the extent of the reserve, if any, required under GAAP (as determined at the time of the consummation of such Permitted Acquisition) to be established in respect thereof for the Borrower or its Restricted Subsidiaries.

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • Initial Borrowing means the first Borrowing made pursuant to this Agreement.

  • Qualified Acquisition means an acquisition or a series of related acquisitions in which the consideration paid by the Credit Parties is equal to or greater than $50,000,000.