On the Completion Date Sample Clauses
On the Completion Date. (i) Subject to Clause 6.6 and Clause 14.13, the Purchaser shall remit the respective Purchase Consideration (in immediately available funds) to each of the Seller’s Bank Accounts in the amount set out in Column VII of Schedule 3.
(ii) the Sellers shall (a) provide to their respective Depository Participants, duly executed DP Instructions in the prescribed form for the transfer of the Sale Shares to the Demat Account of the Purchaser (details of which shall be provided to the Sellers in writing as soon as practicable after the Execution Date); (b) procure its Depository Participants to duly acknowledge such DP Instructions; (c) deliver a copy of such acknowledgement to the Purchaser; and (d) use best endeavours to procure credit of the Sale Shares to the Demat Account of the Purchaser.
(iii) The Sellers shall file the relevant Forms FC-TRS and all related documentation in respect of the transfer of the Sale Shares, with the authorised dealer of the Sellers.
(iv) The Sellers shall procure that a Board meeting is held at which the following business shall be transacted:
(a) the resignation of the directors, without any claim in respect of breach of contract, compensation for loss of office or termination of employment or redundancy or unfair dismissal, or any other grounds whatsoever (other than pursuant to Clauses 6.1(ix), Clause 6.1(x), Clause 6.1(xi) and the Patni Agreements), whether statutory or otherwise or for unpaid remuneration, nominated by the Sellers to the Board, namely ▇▇. ▇▇▇▇▇ ▇▇▇▇▇ Patni, ▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Patni, and ▇▇ ▇▇▇▇▇ Theodoor van den ▇▇▇▇, and/or the board of directors of any of the Company’s Subsidiaries (if any), shall be tendered and accepted by the Board or such boards of directors of the Company’s Subsidiaries, as the case may be;
(b) the appointment of directors nominated by the Purchaser on the Board shall be approved; and
(c) an extra-ordinary general meeting of the shareholders of the Company to approve the matters set out above and the amendment of the Articles of Association shall be convened.
On the Completion Date. (a) the Developer shall grant and the Tenant and the Guarantor shall accept the Leases;
(b) the Developer, the Tenant and the Guarantor shall enter into the Side Deed;
(c) (if and to the extent that the Tenant’s Works have been approved by the Developer by that date) the Developer, the Tenant and the Guarantor shall enter into the Licences to Carry out Tenant’s Works;
(d) the Developer shall pay to the Tenant the Developer’s Contribution; and
(e) the Developer shall provide the Tenant with evidence of the service of the Third Party Rights in favour of the Tenant pursuant to clause 9.1.
On the Completion Date. The exercise of the options and performance rights will remain subject to the achievement of specific performance hurdles.
On the Completion Date. (a) the Buyer shall execute and deliver to the Landlord the counterpart of the Leases and the original of the Security Deposit Deeds
(b) subject to compliance by the Buyer with the provisions of Clause 9.3(a) of this Schedule on the Completion Date the Landlord and the Seller shall execute and deliver to the Buyer (and thereby grant) the Leases and the counterparts of the Security Deposit Deeds;
(c) the Buyer shall (insofar as not already done) pay to the Landlord the first proportion of all rent and other monies payable under the Leases;
(d) the Buyer shall (insofar as not already done) in accordance with the terms of the Security Deposit Deeds pay all monies payable under such Deeds;
On the Completion Date. 3.4.1 The COMPANY shall hold a meeting of the Board of Directors to approve the calling of an extra ordinary general meeting of the Shareholders for (i) issue of Shares to Cadila and Novavax as contemplated under Section 3.4.4 of this Agreement and (ii) adoption of the amended articles of association in the form attached to this Agreement as Exhibit H, and (iii) appointment of the persons nominated by Cadila and Novavax as Directors in accordance with this Agreement who have obtained their respective Director Identification Numbers and Digital Signature Certificates and who are otherwise qualified to act as the directors of the Company;
3.4.2 The COMPANY shall hold a meeting of the Shareholders for (i) issue of Shares to Cadila and Novavax as contemplated under Section 3.4.4 of this Agreement; (ii) adoption of the amended articles of association in the form attached to this Agreement as Exhibit H, and (iii) appointment of the persons nominated by Cadila and Novavax as Directors in accordance with this Agreement who have obtained their respective Director Identification Numbers and Digital Signature Certificates and who are otherwise qualified to act as the directors of the Company;
3.4.3 The Company shall provide certified copies of resolutions passed at the meetings contemplated by section 3.4.1 and 3.4.2;
3.4.4 The COMPANY shall issue to each Party the number of shares shown opposite such Party’s name on Schedule I, free and clear from all encumbrances; and
3.4.5 The COMPANY shall provide the Parties with share certificates in respect of the Shares and duly register such Shares in the name of the Parties in the COMPANY’s Register of Members.
On the Completion Date. 8.1.1 the Landlord will grant to the Tenant the Lease for the Agreed Term;
8.1.2 the Tenant will accept the Lease and the Tenant and the Guarantor will execute a counterpart thereof;
8.1.3 the Tenant will execute a counterpart of the Rent Deposit Deed and the Landlord and the Tenant will complete the same;
8.1.4 the Tenant will deliver to the Landlord the Opinion Letter duly signed;
8.1.5 the Tenant will deliver to the Landlord the Bank Guarantee duly executed.
On the Completion Date. (a) Purchaser shall acquire legal title to, and full beneficial ownership of, the Shares, which shall be released in accordance with the terms of the Framework Agreement and the Escrow Agreement;
(b) TVF BTIH shall acquire legal title to, and full beneficial ownership of, Loan Note 1 and Loan Note 3, alongside the Loan Note 1 TWF Deed of Assignment and the Loan Note 3 Deed of Assignment, which shall be released in accordance with the terms of the Framework Agreement and the Escrow Agreement.
On the Completion Date. (1) the Sole Placing Agent will effect payment and pay to a bank account designated by the Company/or by way of cheque(s) direct to the Company in the sum equivalent to the aggregate amount payable for the total number of Placing Shares sold on behalf of the Company by the Sole Placing Agent less all fees payable to the Sole Placing Agent under Clause 9;
(2) the Company shall, against receipt of payment, allot and issue the Placing Shares in accordance with the memorandum and articles of association of the Company, all applicable laws and the rules and regulations of the Stock Exchange to the Placee(s) and/or the Sole Placing Agent and/or as they may direct in accordance with the details delivered by the Sole Placing Agent to the Company pursuant to Clause 6.2 and shall promptly thereafter register such Placee(s) and/or the Sole Placing Agent or their respective nominee(s) as holders of the Placing Shares; and
(3) the Company shall deliver or cause to be delivered to the Sole Placing Agent the share certificate(s) in respect of the Placing Shares placed by the Sole Placing Agent in favour of the persons so registered pursuant to Clause 6.3(2) and in accordance with their respective entitlements thereto or, where the Sole Placing Agent has designated an investor participant or CCASS participant stock account for deposit of the Placing Shares, evidence to the satisfaction of the Sole Placing Agent that such documents and instructions required to effect the crediting of such Placing Shares in favour of the persons so registered have been signed or given, as the case may be.
On the Completion Date. (a) the Landlord shall grant and the Tenant and the Guarantor shall accept the Lease;
(b) the Landlord, the Tenant and the Guarantor shall enter into the Side Deed Variation;
(c) (if and to the extent that the Tenant’s Works have been approved by the Landlord by that date) the Landlord, the Tenant and the Guarantor shall enter into the Licences to Carry out Tenant’s Works;
(d) the Landlord shall pay to the Tenant the Landlord’s Contribution; and
On the Completion Date. The exercise of the performance options and performance rights will remain subject to the achievement of specific performance hurdles communicated to you at the time of grant.