Examples of Secondary Acquisition in a sentence
However, it is expressly agreed that the payments required by this Agreement shall continue until at least May 31, 2010, regardless of the Termination Date, except if the Terminating Event is a Secondary Acquisition (in which event, payments shall cease as of the first day of the calendar month following the date that the Secondary Acquisition is deemed to occur).
The Scheme involves both i.e. new issue of Equity Shares by the Company and/or Secondary Acquisition of Equity Shares by the Trust.
Prior to the date of a Secondary Acquisition or any other Termination Date, and so long as the Company is not in default under this Agreement or the Second Amended Agreement, the Company may extend the Expiration Date of until August 31, 2011, by written notice delivered to Executive if such notice is delivered on or prior to June 1, 2010, but not otherwise.
Subject to the provisions of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 the Trust can acquire a maximum of 5% of the total paid-up share capital of the Company through Secondary Acquisition.
The Incentive Plan 2016 contemplates Secondary Acquisition of shares by the Trust.
Further, under ESOP Scheme 2014, 7,250,000 stock options are proposed for grants.Both these ESOP Scheme(s) are proposed to be implemented by way of Secondary Acquisition through ESOP Trust.
The Scheme involves Secondary Acquisition of Equity Shares by the Trust.
Among these is the right to acquire land adjacent to Interstate 10, in the Secondary Acquisition Area, which will be taken into trust, under certain terms and conditions, and upon which the Xxxxxx-Xxxxxxxx Tribe will be able to construct a sizeable gaming facility.
Further, as per Regulation 6(3)(a) of SEBI (SBEB & SE) Regulations, approval of the shareholders by way of a separate Special Resolution is also required for Secondary Acquisition of Equity Shares by the Trust (as defined in the Resolution) for implementation of the Scheme.
SFL agrees that the funds received by it from the SFL New Investors shall either be utilized towards the subscription of the SFL New Investor Shares or shall be utilized for the purposes of undertaking the SFL Secondary Acquisition.