Examples of Tranche 2 Closing Date in a sentence
Upon the terms and subject to the conditions set forth in this Agreement, at the Tranche 2 Closing Date, the Investor agrees to subscribe for and purchase US$329,852,134.38 of Common Shares (the "Purchased Shares") at a price per Purchased Share equal to the Tranche 2 Subscription Price, subject to the limitations under Section 2.2, the election contemplated by Section 2.3 and the fulfilment of the conditions precedent contained herein.
In no event shall the Tranche 2 Closing Date occur prior to the first to occur of: (A) the Separation Outside Date, (B) the date on which Corporation announces that the Separation Transaction shall not occur, and (C) the date on which Investor receives a Change of Control Notice from the Corporation.
Subject to Section 1.4, Section 1.5, Section 1.6 and Section 2.7, the Purchaser shall deposit the Purchase Price payable for the Tranche 2 Shares (as determined in accordance with the notes set out in Exhibit A) into the Company’s account at Westpac Banking Corporation, the details of which are set out in Exhibit B, on the Tranche 2 Closing Date in immediately available cleared funds.
On or before the Tranche 1 Closing Date and the Tranche 2 Closing Date, the conditions set forth in the Original Loan Agreement for such closings shall have been satisfied.
Borrower and Lender understand that this payment schedule is intended to amortize fully the principal amount advanced under the Tranche 1 Commitment in equal monthly payments from the date of such Advance to the Tranche 1 Maturity Date and any other principal and interest amounts outstanding representing amounts owed under Advances made prior to the Tranche 2 Closing Date will be added to the final payment on the Tranche 1 Maturity Date.