Second Consolidation definition

Second Consolidation means the consolidation of the post-First Consolidation J55 Shares on the basis of one post-Second Consolidation J55 Share for each eight issued and outstanding post-First Consolidation J55 Shares, effected following the Arrangement closing;
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Second Consolidation means the consolidation of Shares on a five (old) for one (new) basis which was effected on January 18, 2019.
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Examples of Second Consolidation in a sentence

  • The CPF also leverages DPF to address GBV, through the Second Consolidation and Social Inclusion Development Program (CSIDP2 - P168474).

  • The number of Company shares recognized as belonging to the Chief Executive Officer -which is the maximum number of shares that can be consolidated – for the Second Consolidation Period (2018-2021) was of 53,548, and for the Third Consolidation Period (2019-2022), was of 57,971, and for the Secretary Director, 4,444 shares.

  • All share and per share data for all periods presented have been adjusted to reflect the decrease in number of shares resulting from the Consolidation and the Second Consolidation.

  • The number of Company shares recognized as belonging to the Chief Executive Officer -which is the maximum number of shares that can be consolidated – for the Second Consolidation Period (2018-2021) was of 26,774 for the Chief Executive Officer, and for the Third Consolidation Period (2019-2022), was of 28,986,971 for the Chief Executive Officer, and 2,222 for the Secretary Director.

  • The Number of the Company's Shares recognized as the entitlements of the Chief Executive Officer and the Board Secretary Director – which are the maximum numbers which can be consolidated -, for the First Consolidation Period (2014-2017) of the Special Plan was, respectively, 26,559 and 16,024, for the Second Consolidation Period (2015- 2018), 23,526 and 11,458, and for the Third Consolidation Period (2016-2019), it was of 22,228 and 9,902 respectively.

  • The FEIR does not analyze this impact on the grounds that “the project site is surrounded by urban development or infrastructure on four sides and is enclosed with a fence.

  • In support of their contention, the Tenorios state that the Modification of Consolidation of Mortgages (“the Second Consolidation Agreement”) executed on June 24, 1985, did not provide for late charges.

  • The Total Number of Recognized Shares for both Plans, for this Third Consolidation Period, was 163,357 (0.12 % of the share capital) which, together with the Recognized Shares for the First Consolidation Period (236,007 shares) and for the Second Consolidation Period (186,307), gives a total of 584,671 shares, representing 0.44 % of the share capital.

  • On January 10, 2019, Ignite Pubco changed its name from “Green Axis Capital Corp.” to “Ignite International Brands, Ltd.” On January 18, 2019, Ignite Pubco effected the Second Consolidation on the basis of one post-Second Consolidation Share for every five pre-Second Consolidation Shares.

  • In 2009 and 2012, the IDB First and Second Consolidation of Fiscal Equilibrium for the Development of Bahia (PROCOFINS I and II) which supported fiscal and public sector management reforms.

Related to Second Consolidation

  • Asset Sale Agreement means that certain Asset Sale Agreement between Buyer and Seller, dated as of the date hereof.

  • Selected Consolidated Financial Data and "Capitalization" fairly present the information set forth therein on a basis consistent with that of the audited financial statements contained in the Registration Statement.

  • Consolidation Loan means a Loan made pursuant to and in full compliance with Section 428C of the Higher Education Act.

  • Adjusted Consolidated EBITDA means, with respect to the Borrower and the Subsidiaries on a consolidated basis for any period, the Consolidated Net Income of the Borrower and the Subsidiaries for such period plus

  • Borrowers on a Consolidated Basis means the consolidation in accordance with GAAP of the accounts or other items of the Borrowers and their respective Subsidiaries.

  • Amalgamation Application means the amalgamation application that will be filed with the Registrar under subsection 275(1)(a) of the BCBCA in order to give effect to the Amalgamation, substantially in the form attached hereto as Schedule C;

  • Annualized Consolidated EBITDA means, for any quarter, the product of Consolidated EBITDA for such period of time multiplied by four (4).

  • Wholly-Owned Consolidated Subsidiary means any Consolidated Subsidiary all of the shares of capital stock or other ownership interests of which (except directors' qualifying shares) are at the time directly or indirectly owned by the Borrower.

  • Partnership Change of Control means Tesoro Corporation ceases to Control the General Partner.

  • Consolidation means the consolidation of the accounts of each of the Restricted Subsidiaries with those of the Company in accordance with GAAP; provided that “Consolidation” will not include consolidation of the accounts of any Unrestricted Subsidiary, but the interest of the Company or any Restricted Subsidiary in any Unrestricted Subsidiary will be accounted for as an investment. The term “Consolidated” has a correlative meaning.

  • Expansion to an existing manufactured home park or subdivision means the preparation of additional sites by the construction of facilities for servicing the lots on which the manufactured homes are to be affixed (including the installation of utilities, the construction of streets, and either final site grading or the pouring of concrete pads).

  • business acquisition report means a completed Form 51-102F4 Business Acquisition Report;

  • Permitted Restricted Payments means any of the following Restricted Payments made by:

  • Asset Transfer means a sale, lease or other disposition of all or substantially all of the assets of the Company.

  • Total Consolidated Assets means, at any time, the total assets appearing on the most recently prepared consolidated balance sheet of the Company and its Consolidated Subsidiaries as of the end of the most recent fiscal quarter of the Company and its Consolidated Subsidiaries for which such balance sheet is available, prepared in accordance with GAAP.

  • Adjusted Consolidated Working Capital means, at any time, Consolidated Current Assets (but excluding therefrom all cash and Cash Equivalents) less Consolidated Current Liabilities at such time.

  • Significant emissions increase means, for a regulated NSR pollutant, an increase in emissions that is significant, as defined in subsection (ww), for that pollutant.

  • Permitted Acquisition Certificate means a certificate substantially the form of Exhibit F or any other form approved by the Administrative Agent.

  • Permitted Existing Investments means the Investments of the Company and its Subsidiaries identified as such on Schedule 1.1.2 to this Agreement.

  • Receivables Sale Agreement means that certain Receivables Sale Agreement, dated as of the Closing Date, by and among the Originators and Seller, as amended, restated, supplemented or otherwise modified from time to time.

  • Adjusted Consolidated Net Income means, for any period, Consolidated Net Income for such period plus the sum of the amount of all net non-cash charges (including, without limitation, depreciation, amortization, deferred tax expense and non-cash interest expense) and net non-cash losses which were included in arriving at Consolidated Net Income for such period, less the amount of all net non-cash gains and non-cash credits which were included in arriving at Consolidated Net Income for such period.

  • Adjusted Consolidated Net Tangible Assets means (without duplication), as of the date of determination, the remainder of:

  • Budget transfer means transfer of funding within a function / vote.

  • Net emissions increase means, with respect to any regulated NSR pollutant emitted by a major stationary source, the amount by which the sum of the following exceeds zero:

  • Adjusted Consolidated Net Worth means, at any date, without duplication, the sum of (a) the consolidated shareholders’ equity, determined in accordance with GAAP, of the Guarantor and its Consolidated Subsidiaries, plus (b) the aggregate Hybrid Instrument Amount plus (c) the VA Adjustment Amount; provided that, in determining such Adjusted Consolidated Net Worth, there shall be excluded (i) any “Accumulated Other Comprehensive Income (Loss)” shown on the consolidated balance sheet of the Guarantor and its Consolidated Subsidiaries prepared in accordance with GAAP, (ii) the effect of any election under the fair value option in FASB ASC 825 permitting a Person to measure its financial assets or liabilities at the fair value thereof, and the related tax impact and (iii) all noncontrolling interests (as determined in accordance with Statement of Financial Accounting Standards No. 160, entitled “Noncontrolling Interests in Consolidated Financial Statements”) shown on the consolidated balance sheet of the Guarantor and its Consolidated Subsidiaries.

  • Cumulative Consolidated Net Income means, for any period, Consolidated Net Income for such period, taken as a single accounting period. Cumulative Consolidated Net Income may be a positive or negative amount.