Common use of – Lock In Periods Clause in Contracts

– Lock In Periods. To facilitate new equity investors in PF2 projects, HMTCo may subscribe for a higher equity stake at financial close and sell down thereafter during the lock in period. This will be determined on a case by case basis.

Appears in 1 contract

Sources: Shareholders' Agreement

– Lock In Periods. To facilitate new equity investors in PF2 projects, HMTCo may subscribe for a higher equity stake at financial close and sell down part of its shareholding thereafter during the lock in period. This If HMTCo wishes to do this, bidders will be determined on a case advised at the start of procurement and this provision would then be included. rights conferred by case basis.shares held by the Original Developer Shareholders in the Developer shall be made or effected before the expiry of the Lock In Period;

Appears in 1 contract

Sources: Shareholders' Agreement

– Lock In Periods. To facilitate new equity investors in PF2 projects, HMTCo may subscribe for a higher equity stake at financial close and sell down part of its shareholding thereafter during the lock in period. This will be determined on a case by case basisbasisIf HMTCo wishes to do this, bidders will be advised at the start of procurement and this provision would then be included.

Appears in 1 contract

Sources: Shareholders' Agreement