Tranche B Completion definition

Tranche B Completion means the completion of the issue and allotment of the Tranche B Shares (if any) in accordance with this Agreement.
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Tranche B Completion means the satisfaction of all conditions precedent to the effectiveness of the Tranche B Agreements or the continuation of the Tranche B Facility on the terms of such Tranche B Facility as have been agreed to by the Tranche B Purchasers.
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Tranche B Completion means completion of the sale and purchase of the Tranche B Shares in accordance with Clause 4 (Completion);
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Examples of Tranche B Completion in a sentence

  • The warranties, undertakings and indemnities in this Agreement shall survive the Tranche A Completion, Tranche B Completion and Tranche C Completion.

  • Unless otherwise waived in writing by the Company, at the Tranche B Completion, the Subscriber shall deliver to the Company the written information on the bank account designated by it to receive the Tranche B Cash Payment.

  • The New Disbursement Agreement and the New AAL will provide for the payment of the Tranche A Completion Loan Upfront Fees, the Tranche A Completion Loan Expenses, the Tranche B Completion Loan Upfront Fee, and the Tranche B Completion Loan Expenses, without interest thereon, on a pari passu basis, prior to any payment of principal or interest on any Prepetition Credit Agreement New Notes.

  • Unless otherwise waived in writing by the Company, at Tranche B Completion Date, the Subscriber agrees to deliver to the Company all evidence required by the Company showing the satisfaction of the conditions to be performed by the Subscriber before Tranche B Completion have been satisfied.

  • The warranties, undertakings and indemnities in this Agreement shall survive the Tranche A Completion and the Tranche B Completion.

  • The Company shall deliver the share certificate of the Tranche B Shares to the Subscriber within 10 business days after the Tranche B Completion.

  • Tranche B Completion will take place at 11a.m. on the Tranche B Completion Date at the office of the Company at 0xx Xxxxx, Xxxxxxxx 0, Xxxxxxxxxxxx Xxxxxxxx Xxxx, Xxxxxxx, PRC or at any other time and place as otherwise agreed upon by the Company and the Subscriber.

  • Tranche B Completion will take place at 11am on the Tranche B Completion Date at No.5 room,F8,CITIC Building or any other time and place agreed by the Company and the Subscriber.

  • The Subscriber shall indemnify the Company or its affiliated companies against all losses incurred by the act or default by Meiyixinfeng or the Subscriber if any before the Tranche B Completion.

  • Unless otherwise waived in writing by the Subscriber, at Tranche A Completion, Tranche B Completion and Tranche C Completion, the Company agrees (as the case may be) to: make the Cash Payment or fax an instruction to the Company’s registered agent to issue the Tranche A Shares, Tranche B Shares and Tranche C Shares to the Subscriber together with the Company’s board resolutions approving the respective issue.

Related to Tranche B Completion

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Tranche B Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan hereunder on the Effective Date, expressed as an amount representing the maximum principal amount of the Tranche B Term Loan to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Tranche B Commitment is set forth on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Tranche B Commitment, as the case may be. The initial aggregate amount of the Lenders’ Tranche B Commitments is $750,000,000.

  • Tranche C Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TFA pursuant to Section 2.1(c) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche C Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche A Commitment means, with respect to each Lender, the -------------------- commitment, if any, of such Lender to make Tranche A Term Loans hereunder, expressed as an amount representing the maximum principal amount of the Tranche A Term Loans to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.06 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender's Tranche A Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Tranche A Commitment, as applicable. The initial aggregate amount of the Lenders' Tranche A Commitments is $175,000,000.

  • Total Facility B Commitments means the aggregate of the Facility B Commitments, being €30,000,000 at the date of this Agreement.

  • Tranche B has the meaning assigned in Section 2.1(c)(i).

  • Tranche B Advance has the meaning specified in Section 2.01(b).

  • Tranche B Maturity Date means May 8, 2009, or, if such day is not a Business Day, the next preceding Business Day.

  • Facility B Commitment means a Facility B1 Commitment or a Facility B2 Commitment.

  • Term A Commitment means, as to each Term A Lender, its obligation to make Term A Loans to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term A Lender’s name on Schedule 2.01 under the caption “Term A Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term A Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Commitment Increase Effective Date has the meaning set forth in Section 2.02(b).

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

  • 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 B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • 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.

  • Facility Maturity Date means the earliest of (a) the Business Day designated by the Borrower to the Lender pursuant to Section 2.16(b) to terminate this Agreement, (b) the Stated Maturity or (c) the date on which the Facility Maturity Date is declared (or is deemed to have occurred automatically) pursuant to Section 7.01.

  • Facility A Commitment means, in relation to a Facility A Lender, the amount set opposite its name in column 1 of part E of schedule 1 or, as the case may be, in any relevant Transfer Certificate, as amended by any relevant term of this Agreement;

  • Term Commitments means a Term B Commitment or a commitment in respect of any Incremental Term Loans or any combination thereof, as the context may require.

  • Total Facility A Commitments means the aggregate of the Facility A Commitments, being €300,000,000 at the date of this Agreement.

  • Tranche C means the credit facility provided pursuant to Section 2.1 to or for the benefit of the Company by the Banks with a Tranche C Commitment, which such facility shall consist of Loans (and participations in Swingline Loans) in the currencies referenced under the heading “Tranche C” on Schedule 1.1 and shall be in the maximum aggregate amount of the Tranche C Commitments of such Banks, as adjusted from time to time pursuant to the terms hereof.

  • Term Facility Maturity Date means, as the context may require, (a) with respect to the Term B Facility in effect on the Closing Date, the Term B Facility Maturity Date and (b) with respect to any other Class of Term Loans, the maturity dates specified therefor in the applicable Incremental Assumption Agreement.

  • Tranche A Maturity Date means November 8, 2008, or, if such day is not a Business Day, the next preceding Business Day.

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

  • Commitment Increase Date has the meaning assigned to such term in Section 2.08(e).

  • L/C Commitment Amount has the meaning given to that term in Section 2.3.(a).