Second Opening definition

Second Opening means a separate opening that is exposed to the drive bay region;
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Second Opening means the introduction of Incoming Principal Shareholders, to be effected by way of a transfer of Ordinary Shares held by the then current Principal Shareholders (other than the New Zealand Government), in accordance with clause 8.
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Examples of Second Opening in a sentence

  • Nothing in clause 10 (except clause 10.11) applies to a transfer of Ordinary Shares in the Second Opening.

  • The determination of the Company shall be final and binding on all parties, and each Sell-Down Shareholder shall be obliged to transfer the Specified Sale Number of Ordinary Shares as so reduced or increased by the Company (comprised of such numbers of paid up Ordinary Shares, and Ordinary Shares which are not paid up, as so determined by the Company) as part of the Second Opening.

  • In the Second Opening, each Principal Shareholder (other than the New Zealand Government) ("Sell-Down Shareholder") shall, subject to the following provisions of this clause 8, be required to transfer a number set by the Company of the Ordinary Shares held by the Sell-Down Shareholder to Incoming Principal Shareholders (as directed by the Company) (which number may comprise a number of paid up Ordinary Shares, and a number of Ordinary Shares which are not fully paid up, as set by the Company).

  • The Board shall determine when, and if, the Second Opening is to occur, and shall provide the then current Shareholders with not less than 25 Business Days' notice of the Second Opening in accordance with clause 8.2.

  • Initiated from the appraisal industry and impacts NRS 645 and 645B (mortgage brokers), makes a violation of law to improperly influence or attempt to improperly influence the development, reporting, result or review of an appraisal.

  • This period runs from the Second Opening Date (anticipated to be 15 October 2020 or an earlier date, provided the Prospectus has been registered with the CIPC by this date, as determined by the Directors) until the Second Closing Date, being 4 December 2020 (or such later date as the Directors may decide, but not later than 15 December 2020).

  • Reply to Question No. 126, supra; see also US Second Opening Statement, paras.

  • A minimum of ten (10) Shares per Investor are offered from the Second Opening Date specified to the Second Closing Date.

  • By 30 June 2013, another 21 councils had joined LGFA (12 as shareholders at the Second Opening on 30 November 2012, and 9 as borrowers in two ‘intakes’ on 18 February and 5 April 2013).

  • It's not "the" or "an" OPENING, it is the Second Opening and more importantly, it's a rebuttal to their voir dire.

Related to Second Opening

  • Bid Opening Date means the date the Bid is opened by the City.

  • Construction Completion Date means the Completion Date of the Construction as specified in the Statutory Declaration of Completion for the Project;

  • Total Fund Operating Expenses with respect to a Fund is defined to include all expenses necessary or appropriate for the operation of the Fund including the Adviser’s investment advisory or management fee under the Advisory Agreement and other expenses described in the Advisory Agreement that the Fund is responsible for and have not been assumed by the Adviser, but excludes front-end or contingent deferred loads, taxes, leverage expenses, interest, brokerage commissions, expenses incurred in connection with any merger or reorganization, unusual or infrequently occurring expenses (such as litigation), acquired fund fees and expenses, and dividend expenses, if any.

  • Phase 2 means the phase of the ATP comprised of: (1) improvements to the State Street Substation to receive Rebuilt Line 972; (2) the rebuilding of NYSEG’s existing Line 972 not performed in Phase 1; (3) construction of Relocated Line 15; (4) the construction of Bused Line 5; (5) improvements to the Elbridge Substation to receive Relocated Line 15; and (6) improvements to the Elbridge Substation to receive Bused Line 5.

  • Commercial Operations Date or "COD": The date on which Facility first achieves Commercial Operations.

  • The Completion Date means the date of completion of the Works as certified by the Employer’s Representative.

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • Outside Completion Date shall have the meaning assigned to such term in Section 6.3(d).

  • Construction Completion means physical construction of a cleanup action component is complete.

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.

  • Initial Operation means the first integral operation of the complete equipment covered under the Contract with the sub-system and supporting equipment in service or available for service.

  • Testson Completion means the tests which are specified in the Contractor agreed by both Parties or instructed as a Variation, and which are carried out under Clause 9 [Tests on Completion] before the Works or a Section (as the case may be) are taken over by the Procuring Entity.

  • Final Completion Date means the date on which Final Completion occurs.

  • Second Amendment Closing Date has the meaning assigned to such term in the Second Amendment.

  • Annual Operating Budget as defined in Section 6.2(c).

  • Commercial Operations Upon satisfaction of the following conditions, the Facility shall be considered to have achieved Commercial Operations on the Day specified in Seller's written notice described below: (i) the Acceptance Test has been passed, (ii) all generating units have passed Control System Acceptance Tests, (iii) the Transfer Date has occurred, (iv) Seller has (1) provided to Company the Required Models (as defined in Section 6(a) (Seller's Obligation to Provide Models) of Attachment B (Facility Owned by Seller)) in the form of Source Code, (2) placed the current version of the Source Code for the Required Models with the Source Code Escrow Agent as required in Section 6(b)(i)(A) (Establishment of Source Code Escrow) of Attachment B (Facility Owned by Seller), or (3) if Seller is unable to arrange for the placement of the appropriate Source Code into the Source Code Escrow account, placed the required funds with the Monetary Escrow Agent as required in Section 6(b)(ii)(A) (Establishment of Monetary Escrow) of Attachment B (Facility Owned by Seller), and (v) Seller provides Company with written notice that (aa) Seller is ready to declare the Commercial Operations Date and (bb) the Commercial Operations Date will occur within 24 hours (i.e., the next Day).

  • Commercial Operation means the condition of operation in which the complete equipment covered under the Contract is officially declared by the Owner to be available for continuous operation at different loads up to and including rated capacity. Such declaration by the Owner, however, shall not relieve or prejudice the Contractor of any of his obligations under the Contract.

  • Phase 1 means the phase of the ATP comprised of: (1) improvements to the State Street Substation; (2) construction of the Proposed Line; (3) the rebuilding of NYSEG’s existing Lines 971 and 000 xxxxx xx Xxxxxxxx Xxxx xx the NYSEG ROW to allow for construction of the Proposed Line as intended; (4) improvements to the Elbridge Substation to accept the Proposed Line; and (5) National Grid’s conveyance to NYSEG of the NYSEG Acquired ROW and such other land interests as contemplated by the Purchase and Sale Agreement.

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Commercial Operation Date means the date on which a Material Project is substantially complete and commercially operable.

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Completion Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.

  • Normal Operating Conditions means those Service conditions which are within the control of Grantee. Those conditions which are not within the control of Grantee include, but are not limited to, natural disasters, civil disturbances, power outages, telephone network outages, and severe or unusual weather conditions. Those conditions which are ordinarily within the control of Grantee include, but are not limited to, special promotions, pay-per-view events, rate increases, regular peak or seasonal demand periods, and maintenance or upgrade of the Cable System.

  • Third Amendment Closing Date has the meaning assigned to such term in the Third Amendment.

  • Time of Completion means the time for completing the execution of and passing the Tests on Completion of the Works of any section or part thereof as stated in the Contract (or as extended under Clause...) calculated from the Commencement Date

  • First Amendment Closing Date has the meaning assigned to such term in the First Amendment.