Fifth Tranche means 3,000 of the Restricted Shares, for which the Performance Condition will be satisfied upon achievement of the Fifth Stock Price Hurdle.
Fifth Tranche means twenty percent (20%) of the total number of PSUs subject to the Award, which PSUs shall be earned upon achievement of both the Fifth Stock Price Hurdle and the Relative TSR Goal.
Fifth Tranche means the portion of the Credit not exceeding the equivalent of SDR 14,000,000 to be released by the Association after the Borrower has complied with the provisions of Section 2.02 (d) of this Agreement.
Examples of Fifth Tranche in a sentence
With respect to the remaining Transfer Shares There is no amendment or supplement by the Supplemental Lock-up Agreement to the Lock-up Agreement with respect to the remaining Transfer Shares (i.e. the Second Tranche Transfer Shares, Third Tranche Transfer Shares, Fourth Tranche Transfer Shares and Fifth Tranche Transfer Shares).
LAD • Suria Corporate Office: RM15,000/day • Retail Mall: RM30,000/day Fifth Tranche 8.0 On the fourth anniversary of the Effective Date.
More Definitions of Fifth Tranche
Fifth Tranche the next amount of Excess Financing Proceeds after full utilization of the Fourth Tranche.
Fifth Tranche means twenty percent (20%) of the total number of PSUs subject to the Award, which PSUs shall be earned upon achievement of both the Fifth Stock Price Hurdle and the Relative TSR Goal. Each of the First Tranche, the Second Tranche, and the Third Tranche, shall be earned upon the attainment of an Average Closing Stock Price equal to the corresponding Stock Price Hurdle set forth below. Each of the Fourth Tranche and the Fifth Tranche shall be eligible to be earned only upon the attainment of an Average Closing Stock Price equal to the corresponding Stock Price Hurdle set forth below. If the applicable Stock Price Hurdle is achieved, then the portion of each of the Fourth Tranche and the Fifth Tranche that is earned (if any) shall be determined based on the relative TSR of the Company compared to that of the Index Constituents as of the TSR Measurement Date in accordance with the matrix set forth below (collectively, the “Relative TSR Goal”). Stock Price Hurdles