Examples of Second Tranche Completion Date in a sentence
Completion of the sale and purchase of the Second Tranche Shares will take place on the Second Tranche Completion Date.
Pursuant to the terms of the Subscription Agreement, the consideration of the First Tranche Subscription of HK$70,303,507.23 shall be paid in cash by the Company to Prosperity International on the First Tranche Completion Date, and the consideration of the Second Tranche Subscription of HK$145,200,000 shall be paid in cash by the Company to Prosperity International on the Second Tranche Completion Date.
Pursuant to the Second Subscription Agreement, Mind Light, a wholly-owned subsidiary of the Company, conditionally agreed to allot and issue, and Benefit Sharp (as the nominee for Shanghai Ziyue) conditionally agreed to subscribe for (i) an aggregate of 4,805 shares on the First Tranche Completion Date at an aggregate subscription price of HK$40,957,153; and (ii) an aggregate of 4,805 shares on the Second Tranche Completion Date at an aggregate subscription price of HK$64,295,000.
On Second Tranche Completion Date, the First Round Investors and the Additional Investors shall subscribe the Second Tranche Shares at the subscription price of US$1 per share.
On the Second Tranche Completion Date the sale and purchase of the Second Tranche Sale Shares at the Second Tranche Purchase Consideration shall take place between the Investor and the Promoter in accordance with Clause 3.2 of the SSSPA.
CSMC-Tech shall issue a notice during the Second Tranche Subscription Period upon satisfaction of certain conditions precedent which notice shall specify the Second Tranche Completion Date, which shall not be less than 30 days nor more than 45 days after the date of issue of such notice.
Pursuant to the Fifth Subscription Agreement, Mind Light, a wholly-owned subsidiary of the Company, conditionally agreed to allot and issue, and Zhihua Investments conditionally agreed to subscribe for (i) an aggregate of 1,632 shares on the First Tranche Completion Date at an aggregate subscription price of HK$25,752,458; and (ii) an aggregate of 1,632 shares on the Second Tranche Completion Date at an aggregate subscription price of HK$10,000,000.
Pursuant to the Fourth Subscription Agreement, Mind Light, a wholly-owned subsidiary of the Company, conditionally agreed to allot and issue, and Star Colour conditionally agreed to subscribe for (i) an aggregate of 1,747 shares on the First Tranche Completion Date at an aggregate subscription price of HK$27,568,006; and (ii) an aggregate of 1,747 shares on the Second Tranche Completion Date at an aggregate subscription price of HK$10,705,000.
The Second Tranche Placement Shares will be issued free from all claims, charges, liens and other encumbrances whatsoever and shall rank pari passu in all respects with and carry all rights similar to the existing issued Shares, except that they will not rank for any dividend, right, allotment or other distributions, the record date for which falls on or before the Second Tranche Completion Date (as defined below).
Pursuant to the Third Subscription Agreement, Mind Light, a wholly-owned subsidiary of the Company, conditionally agreed to allot and issue, and Maolin conditionally agreed to subscribe for (i) an aggregate of 816 shares on the First Tranche Completion Date at an aggregate subscription price of HK$12,876,229; and (ii) an aggregate of 816 shares on the Second Tranche Completion Date at an aggregate subscription price of HK$5,000,000.