Second Tranche Date definition
Examples of Second Tranche Date in a sentence
The Preferred Equity Member shall (i) on the First Tranche Date, contribute $37.5 billion (Thirty-Seven Billion Five Hundred Million Dollars) in cash from the Exchange Stabilization Fund, and no other property, to the capital of the Company and (ii) on the Second Tranche Date, contribute an additional $37.5 billion (Thirty-Seven Billion Five Hundred Million Dollars) in cash from the Exchange Stabilization Fund, and no other property, to the capital of the Company.
If an Unwind Event and/or Intervening Event exists on the Final Tranche Date, Developer shall have the same rights and obligations noted above applicable to the second Tranche Payment and third Tranche Payment and Second Tranche Date and Third Tranche Date.
If an Unwind Event or Intervening Event exists on the Second Tranche Date, Developer shall have the right to postpone the Second Tranche Date until the earlier to occur of (1) final resolution of the Unwind Event or Intervening Event, as the case may, or (2) ninety (90) days from the Second Tranche Date.
If Developer elects to postpone the Second Tranche Date, the Developer shall stop construction activity during the period of any postponement (other than that commercially necessary to secure the site to avoid waste or injury).
If an Unwind Event and/or Intervening Event exists on the Third Tranche Date, Developer shall have the same rights and obligations described above applicable to the second Tranche Payment and Second Tranche Date.
The second tranche shall be completed within six months of the applicable First Tranche Date, or such later date as agreed to by GM and Delphi (the "Second Tranche Date").
The determination of which Delphi HRP assets are ultimately transferred on each of the First Tranche Date and Second Tranche Date willTransfer Dates, with GMIMCo's assistance, shall be mutually agreed by Delphi and GM.
Posting of materials on windows, doors, and ceilings can impede, disorient, or obstruct people as they access or exit buildings.
Affiliates may only return sales aids that he or she personally purchased from wor(l)d (purchases from other Affiliates or third parties are not subject to refund) within 12 months prior to the date of cancellation so long as the materials are unopened and in Resalable condition.