Tranche Three definition
Tranche Three shall consist of a target award of [insert] ([insert]) Target RSUs; The actual number of RSUs that become vested and settled (each, an “Attained RSU”) shall be based on the attainment of the performance metrics (the “Performance Metrics”) provided in, and calculated under, Section 1.2. Each RSU constitutes an unfunded and unsecured promise of the Company to deliver (or cause to be delivered) to the Grantee upon settlement, subject to the terms of this Agreement, one share of Stock. Until such settlement and delivery, the Grantee has only the rights of a general unsecured creditor, and no rights as a shareholder of the Company, provided that, whenever a normal cash dividend is paid on shares of Stock, the Company shall credit to the Grantee an amount of cash equal to the product of the per-share amount of the dividend paid multiplied by the number of Attained RSUs as of the applicable Vesting Date (the “Dividend Equivalent Amount”). Such credited amounts shall be paid to the Grantee when and only to the extent the Stock underlying an Attained RSU is transferred to the Grantee in accordance with Section 1.2 below.
Tranche Three means the Additional Book Eligible Recipients or New ABMs (as applicable) referred to as Baltimore, Binghamton, Bridgeport, Ministry (MHS), and Wheaton.
Tranche Three in the amount of $2,000,000 shall be available immediately upon closing of this Loan Modification, and receipt by Silicon of the guarantees of certain investors in Borrower. This is a revolving credit facility and Borrower may borrow, repay and re-borrow under this facility so long as the amount outstanding does not exceed the credit limit, the Borrower is not in default, and the facility has not matured.
Examples of Tranche Three in a sentence
For the avoidance of doubt, the Borrower hereby confirms that each Security Document to which it is a party secures its Secured Obligations (as increased by the advance of the single Loan under Tranche Three) and that each such Security Document continues in full force and effect.
Subject to the terms and conditions hereof, the Borrower may obtain credit from the Lenders through the Administrative Agent under the Credit Facility during the Availability Period by way of one or more Loans, provided however that the Borrower shall only be entitled to one Loan under the Credit Facility per calendar month and Tranche Three shall only be available by way of a single Loan.
All credit requested under the Credit Facility, whether under Tranche One, Tranche Two or Tranche Three, shall be made available to the Borrower contemporaneously by all of the Lenders.
The Borrower shall apply all of the proceeds of Loans advanced under Tranche Three for its general working capital purposes.
Each Lender shall provide to the Borrower its Pro Rata Share of each credit, whether such credit is extended under Tranche One, Tranche Two or Tranche Three or by way of drawdown, rollover or conversion.
More Definitions of Tranche Three
Tranche Three means the Additional Book Eligible Recipients or New ABMs (as applicable) referred to as Baltimore, Binghamton, Bridgeport, Ministry (MHS), and Wheaton. 2 7/1/2017 7/1/2018 Indianapolis, Pensacola 3 7/1/2018 7/1/2019 Baltimore, Binghamton and Bridgeport 3 10/1/2017 7/1/2019 Ministry (MHS) and Wheaton
Tranche Three shall have the meaning ascribed thereto in Section 2.1(c). "Tranche Three Commitment Fee" shall have the meaning ascribed thereto in Section 6.5(b).
Tranche Three means the Additional Book Eligible Recipients referred to as Baltimore, Binghamton, Bridgeport, and Ministry (MHS). Tranche Projected Tranche Start Date Projected Tranche End Date* Additional Book Eligible Recipients 1 7/1/2016 7/1/2017 Austin, Tulsa, Waco, Wichita 2 7/1/2017 7/1/2018 Indianapolis, Pensacola 3 7/1/2018 7/1/2019 Baltimore, Binghamton, Bridgeport and Ministry (MHS) “Projected Tranche End Date” means the date which the Parties project will be the Tranche End Date for each Tranche. [**] Indicates that text has been omitted which is the subject of a confidential treatment request. The text has been separately filed with the Securities and Exchange Commission.
Tranche Three means 11,625 (as equitably adjusted for any Recapitalization) Preferred Stock Shares, which shall be issued in one or several certificates on the Original Issuance Date pro rata to all Holders, and keep as separate certificates at all times without being combined at any time with any other Tranches. The Holders shall further provide the Corporation prompt written notice of any changes in the Preferred Stock Certificates subject to Tranche Three.
Tranche Three has the meaning given it in Section 2.2(a).
Tranche Three has the meaning given in Exhibit 4-A, Section 3.1. “Tranche Two” has the meaning given in Exhibit 4-A, Section 3.1. “Transition Milestone” has the meaning given in Section 4.2(b). “Transition Period” means the period that commences on the Supplement Effective Date and expires 12:00:01 a.m., Eastern Time, on the date specified for the completion of the Transition Services as specified in the Transition Plan, unless expressly extended in writing by Ascension Health. “Transition Plan” has the meaning given in Section 4.2(a). “Transition Principles” means, collectively, Sections 1 and 2 of Exhibit 15. “Transition Services” has the meaning given in Section 4.2(a). “Transitioned Employee” has the meaning given in Exhibit 13, Section 1.1. “United States Department of Commerce Safe Harbor Principles” means the safe harbor principles issued by the United States Department of Commerce. “Unused Service” has the meaning given in Exhibit 4-A, Section 2.3. “Upgrade” and its derivatives means updates, renovations, enhancements, additions and/or new versions or releases of Software or Equipment by Supplier. Unless otherwise agreed, financial responsibility for the costs, fees and expenses associated with an Upgrade of Software or Equipment shall be allocated between the Parties in accordance with the MPSA or as set forth in the applicable Supplement. “Upper Bound” has the meaning given in Exhibit 4-B, Section 6(f). “Vendor Service” has the meaning given in Exhibit 4-A, Section 8.2(i). “Weighted Score” has the meaning given in Exhibit 4-B, Section 6(e). “Welfare Plans” has the meaning given in Exhibit 13, Section 2.5(b). “Workaround Period” has the meaning given in Section 20.3(d). “Work Order(s)” has the meaning given in Section 1.1(b). AMENDED AND RESTATED MASTER PROFESSIONAL SERVICES AGREEMENT between Ascension Health and Accretive Health, Inc. EXHIBIT 2-A DEPENDENT SERVICES
Tranche Three has the meaning set forth in Attachment B.