Tranche 2 definition

Tranche 2 has the meaning set forth in Section 2.2(a)(ii).

Tranche 2 means the amount of [**] to be applied in payment of the third pre-delivery instalment due by the Borrower to the Builder under the Building Contract to be advanced by the Lenders on a Drawdown Date by way of their Contributions thereto;

Tranche 2 means SEK 70,000,000.

Examples of Tranche 2 in a sentence

• It will be provided in individual tranches from either Clean Technology Fund, and/or ADB’s Ordinary Capital Resources, and/or a combination of the above two funding sources in the following manner: Source ($ million) Tranche 1 Tranche 2 Tranche 3 Asian Development Banka 0.0 80.0 250.0 Clean Technology Fund 100.0 70.0 0.0 Total 100.0 150.0 250.0 a Ordinary capital resources.

• The Purchaser will have, on the Closing Date, all necessary resources to enable it to pay in immediately available funds all amount which shall become due and payable by it on the Closing Date (including the Purchase Price and Tranche 1), all other amounts due and payable by it in accordance with this Agreement (including the Corporation Bonds and Tranche 2) and all fees and expenses to be paid by it in connection with the transactions contemplated under this Agreement.

More Definitions of Tranche 2

Tranche 2. January 1, 2015 through December 31, 2016, which is allotted 25% of the Target Award, and

Tranche 2 means an anticipated placing of Ordinary Shares proposed to take place within 180 days of completion of Admission, consisting of the US IPO and any concurrent Exempt Placement;

Tranche 2 means, in respect of any Financial Year in which Tranche 1 is $500,000,000 (or, with respect to any Financial Year for which Tranche 1 is Prorated, such Prorated amount), the Adjusted Global Net Income less the sum of (i) the Sempra Member Group’s Unallocated Preferred Return, plus (ii) the RBS Member Group’s Unallocated Preferred Return, plus (iii) the Sempra Member Group’s Preferred Return, plus (iv) the RBS Member Group’s Preferred Return, plus (v) Tranche 1, and in respect of any Financial Year in which Tranche 1 is less than $500,000,000 (or, with respect to any Financial Year for which Tranche 1 is Prorated, such Prorated amount), $0;

Tranche 2 means the Bonds with ISIN SE0013281904, initially allocated to Sentica as part of the Restructuring.

Tranche 2 the “second” segment consisting of 4,000,000 shares exercisable under the Series B Warrant as hereby amended (i.e., available warrant shares no. 2,000,001 through 6,000,000).

Tranche 2 warrant shares shall in no event be exercisable after 5:00 p.m., New York Time, March 31, 2016.

Tranche 2 means the Equivalent Amount of the amount of the Hermes Premium payable by the Borrower to Hermes through the Hermes Agent on issue of the Hermes Cover;