IFC CCDs definition

IFC CCDs means 1,100,000 (one million one hundred thousand) compulsorily convertible debentures, with a face value of INR 224.19 (Indian Rupees two hundred and twenty four point one nine) each and carrying interest at the rate of 10% (ten per cent) per annum, and with such terms (including conversion) as set out in Schedule E hereto.
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IFC CCDs means fully paid compulsorily convertible debentures having a face value of INR 1,000 (one thousand Indian Rupees only) each and having the rights, preferences and privileges as set forth in Schedule 12 (Terms of IFC CCDs);
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IFC CCDs means the compulsorily convertible debentures having a face value of INR 10,000 (Indian Rupees ten thousand) each, issued by the Company as per and in accordance with the IFC Subscription Agreement;
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Examples of IFC CCDs in a sentence

  • Upon the occurrence of a Liquidation Event A or a Liquidation Event B with respect to the Company or its Subsidiaries and in terms of the SHA, the holders of the IFC CCDs shall receive the Liquidation Preference in accordance with the terms of the SHA and in the order of precedence set forth in the SHA.

  • The Company agrees to maintain a sufficient number of authorized and unissued shares till the conversion of the IFC CCDs to permit the full conversion of the IFC CCDs in accordance with this Schedule E.

  • Upon the exercise of the Drag Right of the Investors or Drag Right of IFC, DEG and Proparco in accordance with Clause 6.4 and 6.5 of the SHA, the IFC CCDs shall be subject to the order of preference in terms of the sale of the Equity Securities and the returns on the Equity Securities as set out in the SHA.

  • The holders of the IFC CCDs shall have the right, in the events set out in paragraph 4.2 (ii) of this Schedule after the CCD Closing Date, to require the Company, by a written notice (the “Conversion Notice”), to convert all or some of the IFC CCDs into Equity Shares of the Company.

  • The date on which the IFC CCDs were issued and allotted to IFC shall be referred as “CCDs Closing Date”.

  • From a purely technical perspective, "unlimited archiving of e-mail" is not possible.

  • Unless converted in accordance with the terms of this Schedule E, the Articles of the Company and applicable Laws, the term of the IFC CCDs shall be a maximum of 10 (ten) years from their issuance.

  • From the date of conversion of the IFC CCDs, the voting percentage of all the shareholders in the Company shall be in proportion to their shareholding in the Company.

  • The IFC CCDs shall convert into Equity Shares of the Company immediately prior to filing of the DRHP with the SEBI.

  • In terms of the Investor Rights Agreement, the IFC CCDs were converted into 67,14,222 equity shares of the Company on December 2, 2022, at a Conversion Price of INR 417.


More Definitions of IFC CCDs

IFC CCDs means up to Four Million Five Hundred Thousand (4,500,000) fully paid Compulsorily Convertible Debentures having a face value of Rupees One Thousand (INR 1000) each (and having the rights, preferences and privileges as set forth in Schedule 5 of the Subscription Agreement).
Sample 1
IFC CCDs means fully paid compulsorily convertible debentures having a face value of Rupees 1,000 (INR one thousand only) each and having the rights, preferences and privileges as set forth in the Shareholders’ Agreement;
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Related to IFC CCDs

  • NI 51-102 means National Instrument 51-102 – Continuous Disclosure Obligations;

  • NI 81-102 means National Instrument 81-102 – Investment Funds.

  • PTCE 95-60 As defined in Section 5.02(b). PUD: A planned unit development.

  • MI 11-102 means Multilateral Instrument 11-102 – Passport System;

  • Expiry Date (Data di Scadenza) means the Expiry Date as specified in § 1 of the Product and Underlying Data.

  • NI 45-102 means National Instrument 45-102 – Resale of Securities;

  • RD 1012/2015 means Royal Decree 1012/2015, of 6 November developing Law 11/2015, as amended or superseded from time to time.

  • CDBG-DR means Community Development Block Grant Disaster Recovery.

  • Soft drinks means nonalcoholic beverages that contain natural or artificial sweeteners. "Soft drinks" does not include beverages that contain milk or milk products, soy, rice, or similar milk substitutes, or that contains greater than fifty per cent vegetable or fruit juice by volume.

  • frequency ride through as used herein shall mean the ability of a Small Generating Facility to stay connected to and synchronized with the system or equipment of the Transmission Owner and any Affected Systems during system disturbances within a range of under-frequency and over- frequency conditions, in accordance with Good Utility Practice and consistent with any standards and guidelines that are applied to other generating facilities in the Balancing Authority Area on a comparable basis. The term “voltage ride through” as used herein shall mean the ability of a Small Generating Facility to stay connected to and synchronized with the system or equipment of the Transmission Owner and any Affected Systems during system disturbances within a range of under-voltage and over-voltage conditions, in accordance with Good Utility Practice and consistent with any standards and guidelines that are applied to other generating facilities in the Balancing Authority Area on a comparable basis.

  • NZOC means the New Zealand Olympic Committee Incorporated.

  • NI 45-106 means National Instrument 45-106 – Prospectus and Registration Exemptions;

  • ug/l means micrograms per liter.

  • Dairy farm means any place or premises where 1 or more dairy animals are kept for milking purposes, and from which a part or all of the milk is provided, sold, or offered for sale.

  • PPPFA means the Preferential Procurement Policy Framework Act, 2000.

  • L1. L2 etc means First or second Lowest Offer etc."L1. L2 etc" means First or second Lowest Offer etc. "LC" means Letter of Credit"LC" means Letter of Credit

  • Digital Signal Level 0 (DS-0 means the lowest-level signal in the time division multiplex digital hierarchy, and represents a voice-grade channel operating at either the 56 Kbps or 64 Kbps transmission bit rates. There are twenty-four (24) DS-0 channels in a DS-1.

  • CDSL means Central Depository Services (India) Ltd.

  • NP 11-202 means National Policy 11-202 – Process for Prospectus Reviews in Multiple Jurisdictions;

  • NP 46-201 means National Policy 46-201 – Escrow for Initial Public Offerings.

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • Switched Access Detail Usage Data means a category 1101xx record as defined in the EMI Telecordia Practice BR 000-000-000.

  • Additional SDU Study means a deliverability study that a Developer may elect to pursue as that term is defined in OATT Section 25 (OATT Attachment S). For purposes of Section 23.4.5 of this Attachment H, “Affiliated Entity” shall mean, with respect to a person or Entity:

  • NI 81-107 means National Instrument 81-107 Independent Review Committee for Investment Funds;

  • Multiple Bill/Single Tariff means the billing method used when Switched Exchange Access Services is jointly provided by the Parties. As described in the MECAB document, each Party will render a bill in accordance with its own tariff for that portion of the service it provides. Each Party will bill its own network access service rates.

  • NI 44-102 means National Instrument 44-102 – Shelf Distributions;