Examples of Remaining Tranche in a sentence
Remaining Tranche 1 activities include the construction of heating plants, improved social facilities and flood protection infrastructure.
In addition, the Company is notified by the Investor on 11 April 2018 that the Investor has transferred the Tranche II Convertible Bonds in the principal amount of HK$80,000,000 (the “Remaining Tranche II Convertible Bonds”) to Peaceful Wealth International Limited (the “Transferee”) and the Transferee has exercised its right to extend the maturity date of the Remaining Tranche II Convertible Bonds for one (1) year in accordance with the Tranche II Terms and Conditions.
The Remaining Tranche 3 Convertible Notes are convertible into a maximum of 115,000,000 Shares based on the Floor Price.
The Remaining Tranche 3 Convertible Notes will be issued under a subscription agreement on the material terms summarised in this Notice (seeSchedule 3) and otherwise on terms considered standard for agreements of this nature.
The Company therefore seeks re-approval of Shareholders at this Meeting pursuant to Listing Rule 7.1 to approve the issue of the Remaining Tranche 3 Convertible Notes within the 3 month period following the date of this Meeting.
If the Dignity Panel believes that the complaint of harassment is brought with malicious or vexatious intent, the Dignity Panel may refer the issue for consideration under the appropriate Disciplinary Procedure for staff and students.
The Remaining Tranche 3 Convertible Notes are intended to be issued no later than three months after the date of the Meeting.
At the Tranche A Closing, subject to the terms and conditions hereof, the Company will deliver to the Investor the Tranche A Securities, by delivery of a certificate or certificates evidencing the Tranche A Shares and Tranche A Warrants, free and clear of any Liens, and the Investor will make payment to the Company of the Remaining Tranche A Purchase Price by wire transfer of immediately available funds to an account designated by the Company.
If the conditions for automatically converting the Remaining Tranche are not fulfilled before the end of the Timescale (pursuant to Article 6.4(f) of the Articles of Association), each remaining Special Share shall convert to 1 (one) Ordinary Share without any change to the amount of the share capital.
A maximum of 3,450,000 Convertible Notes are to be issued as Remaining Tranche 3 Convertible Notes.