Examples of Second Completion in a sentence
The Investors have been provided with the latest set of audited [consolidated] accounts of the Company and management accounts for the Company for the period ending on the last day of the month ending prior to the Second Completion Date.
Any Second Sale Securities transferred under this deed must be transferred free from any Security Interest, and with all rights, including distribution or interest rights, attached or accruing to them on and from the date of Second Completion.
Each of the obligations in clauses 7.1 to 7.3 are interdependent and Second Completion will not occur unless the obligations in clauses 7.1 to 7.3 are complied with and are fully effective.
Subject to clause 3 being satisfied and provided that Oxford has not exercised its termination rights pursuant to clause 11(b), Second Completion will take place at 10.00am on a date that is 2 Business Days after the date on which the condition in clause3.1 is satisfied or such later date before the End Date as determined by Oxford and notified to ICPF in writing (the Second Completion Date), at the Sydney offices of Gilbert + Tobin or such other place as ICPF and Oxford may agree.
The Second Completion Convertible Notes were issued to the holders on 9 June 2012.