Second Tranche means the amount of the Financing allocated to the category entitled “Second Tranche” in the table set forth in Part B of Section II of Schedule 1 to this Agreement.
Second Tranche means the balance of the proceeds of the Loan remaining in the Loan Account after the utilization of the First Tranche, to be withdrawn pursuant to and subject to the provisions of paragraph 5 of Schedule 3 to this Loan Agreement.
Second Tranche is defined in Section 2.1.1(a)(ii).
Examples of Second Tranche in a sentence
Project having reached the relevant Final Claim Stage by the Second Payment Date, the Grant Recipient may apply to the GLA for the Second Tranche Grant payable in respect of that Named Project to be paid to it.
More Definitions of Second Tranche
Second Tranche has the meaning set forth in Section 2.1.
Second Tranche means 413,667 of the Restricted Shares, for which the Performance Condition will be satisfied upon achievement of the Second Performance Hurdle;
Second Tranche means the balance of the proceeds of the Grant remaining in the Grant Account after the utilization of the First Tranche, to be withdrawn pursuant to and subject to the provisions of paragraph 5 of Schedule 2 to this Grant Agreement;
Second Tranche means the Tranche of the proceeds of the Credit allocated to Category (2) in the table set forth in paragraph 1 of Schedule 1 to this Agreement;
Second Tranche means, at any time, (a) during the Second Tranche Availability Period, the aggregate amount of the Second Tranche Note Purchase Commitments at such time and (b) thereafter, the aggregate principal amount of the Second Tranche Notes of all Second Tranche Purchasers outstanding at such time.
Second Tranche has the meaning specified therefor in Section 2.02(b).
Second Tranche. Third Tranche: