Tranche 1 Completion definition

Tranche 1 Completion means completion of the transfer of the Tranche 1 Interests from Exxaro to Tronox Purchaser;
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Tranche 1 Completion means the completion of the issue and allotment of the Tranche 1 Subscription Shares in accordance with clause 5;
Sample 1
Tranche 1 Completion. ’ means completion of the sale and purchase of the Tranche 1 Shares in accordance with this Agreement;
Sample 1

Examples of Tranche 1 Completion in a sentence

  • The non- compete obligations of the Seller, FCL and their respective affiliates shall be applicable for a period of 5 (five) years from the Tranche 1 Completion Date, subject to certain exclusions and carve outs set out in the SPA.

  • Further, the Seller and FCL have agreed to certain non-solicit obligations under the SPA, which are applicable for a period of 3 (three) years from the Tranche 1 Completion Date.

  • No Prescribed Occurrence having occurred in relation to the Company other than as required or contemplated by the Subscription Agreement between the date of the Subscription Agreement and the Tranche 1 Completion Date (both dates inclusive).

  • Upon Tranche 1 Completion, BTHL will be owned as to approximately 85.99%, approximately 13.45% and approximately 0.56% by TWB Holdings, Glorify and ABL, respectively.

  • Accordingly, upon each of Tranche 1 Completion and Tranche 2 Completion, Glorify shall deposit with TWB Holdings, share certificates representing 51% of the Sale Shares acquired by Glorify at each of Tranche 1 Completion and Tranche 2 Completion, for the purpose of topping up Glorify’s obligations to pledge 51% of the BTHL Shares held by it.

  • The SPA may be terminated at any time prior to the Tranche 1 Completion Date inter alia under the following circumstances: (i) breach of the standstill covenants which has not been cured within a period of 30 (thirty) days; (ii) non-fulfilment of the Tranche 1 Conditions prior to the Long Stop Date;(iii) on the occurrence of a Material Adverse Effect; (iv) if the Tranche 1 Completion Date has not occurred by the Long Stop Date; or (v) by mutual consent of the parties to the SPA.

  • Further, the Seller has agreed that theTranche 1 Sale Shares shall be free of all encumbrances at the time of their transfer on the Tranche 1 Completion Date, and the Tranche 2 Sale Shares shall be free of all encumbrances at the time of the acquisition by the Acquirer of the Tranche 2 Sale Shares (“Tranche 2 Completion Date”).

  • We evaluate our method on three well-known public benchmarks: the CIFAR-100 [5], which contains 50,000 training examples of 100 categories; the Tiny-ImageNet [49], which has 100,000 images of 200 classes; and the ImageNet-1K [31], which covers 1000 classes with more than 1M training images.

  • The SPA may be terminated prior to the Tranche 1 Completion Date inter alia under the following circumstances: (i) breach of the standstill covenants which has not been cured within a period of 30 (thirty) days; (ii) non-fulfilment of the Tranche 1 Conditions prior to the Long Stop Date; (iii) on the occurrence of a Material Adverse Effect; (iv) if the Tranche 1 Completion Date has not occurred bythe Long Stop Date; or (v) by mutual consent of the parties to the SPA.

  • Accordingly, following the Tranche 1 Completion Date, the Seller and FCFL, who will collectively hold less than 10% (Ten Percent) of the Voting Share Capital of the Target Company, will be reclassified from ‘promoters or promoter group’ to ‘public’, subject to the conditions specified under Regulation 31A of the LODR and the conditions specified therein.


More Definitions of Tranche 1 Completion

Tranche 1 Completion means completion of the Tranche 1 Subscription;
Sample 1

Related to Tranche 1 Completion

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

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

  • Scheduled Completion Date shall be the date set forth in Clause 10.3;

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

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

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

  • Substantial Completion means the stage in the progress of the work as determined and certified by the Contracting Officer in writing to the Contractor, on which the work (or a portion designated by the Government) is sufficiently complete and satisfactory. Substantial completion means that the property may be occupied or used for the purpose for which it is intended, and only minor items such as touch-up, adjustments, and minor replacements or installations remain to be completed or corrected which:

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

  • Target Completion Date has the meaning given such term in Section 3.3(b).

  • 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.

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

  • Successful Completion means that in the reasonable opinion of the Customer, Deliverables completed by the Supplier are fit for purpose, completed on time and otherwise meet all the criteria defined under this Contract;

  • Final completion and acceptance means the stage in the progress of the work as determined by the Contracting Officer and confirmed in writing to the Contractor, at which all work required under the contract has been completed in a satisfactory manner, subject to the discovery of defects after final completion, and except for items specifically excluded in the notice of final acceptance.

  • 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;

  • Milestone Date means the date set against the relevant Milestone in the Implementation Plan;

  • Increased Facility Closing Date any Business Day designated as such in an Increased Facility Activation Notice.

  • 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

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Project Completion means the date, as determined by the Division after consultation with the Recipient, that operation of the Project is initiated or is capable of being initiated, whichever comes first.

  • Extension Minimum Condition means a condition to consummating any Extension that a minimum amount (to be determined and specified in the relevant Extension Request, in the Borrower’s sole discretion) of any or all applicable Classes be submitted for Extension.

  • Loan Commencement Date means, with respect to each Growth Capital Loan: (a) the first day of the first full calendar month following the Borrowing Date of such Loan if such Borrowing Date is not the first day of a month; or (b) the same day as the Borrowing Date if the Borrowing Date is the first day of a month.

  • Virtual Completion means the premise is in the opinion of the Employer fit for occupation.

  • Second Incremental Auction means an Incremental Auction conducted ten months before the Delivery Year to which it relates.

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

  • Study Completion means the database for the Study has been locked and all Essential Documents have been provided to the Sponsor, including a copy of the letter from the Reviewing HREC acknowledging receipt of the final report and/or closure letter from the Principal Investigator.

  • 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.