Subscription Completion Sample Clauses

Subscription Completion. If all the conditions precedent of the Subscription have been fulfilled or waived (as the case may be) on or before the Long Stop Date, the Subscription Completion shall take place within 15 business days following the fulfillment or waiver (as the case may be) of the conditions precedent of the Subscription by the parties to the Subscription Agreement or such other date as the parties to the Subscription Agreement may agree in writing.
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Subscription Completion. 4.1 Operation of this clause This clause 4 only becomes operative upon satisfaction of the Condition. | Share subscription agreement 5 4.2 Date and place of Subscription Completion Subject to satisfaction of the Condition, the Subscription Completion will occur on the Subscription Completion Date at such time and place as the parties may agree in writing, or failing agreement as reasonably determined by the Company. 4.3 Subscription for and issue of Subscription Shares (a) On the Subscription Completion Date, Subscriber must subscribe for the Subscription Shares for the Subscription Amount and the Company must issue and allot to Subscriber (or its nominee) the Subscription Shares, free from all Encumbrances, on the terms and conditions set out in this agreement. (a) This agreement serves as an application by the Subscriber for the issue of the Subscription Shares to Subscriber on Subscription Completion Date and accordingly it will not be necessary for Subscriber to provide a separate (additional) application on or before the Subscription Completion Date. (b) The consideration for the issue of all of the Subscription Shares will be payment of the Subscription Amount by the Subscriber.
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Subscription Completion. The Subscription Completion shall take place on the date on which all conditions set out in the paragraph headed ‘‘Conditions precedent’’ above are fulfilled and shall take place on the same date as the S&P Completion. The Subscription Completion is inter-conditional with the S&P Completion. Upon the Subscription Completion, Texhong Winnitex will cease to be a direct wholly- owned subsidiary of the Company, but will remain as a subsidiary of the Company and the financial information of Texhong Winnitex and its subsidiaries will be consolidated to the Company’s consolidated financial statements. Financial effects As the Subscription Price was determined based on the acquisition cost of the Target Group and net asset value of the Vietnam Business and Nicaragua Business, it is expected that there shall be no material financial effects to the Group as a result of the Subscription.
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Subscription Completion. 5.1 Subject to the fulfillment (or waiver by the Subscriber) of the Conditions Precedent set out in Clause 4.4, Subscription Completion shall take place at 3:00 p.m. (or such other time as the Parties may agree in writing) on the Subscription Completion Date when all (but not part only) of the events described in Clauses 5.2 and 5.3 shall occur. 5.2 At Subscription Completion, subject to compliance by the Subscriber with Clause 5.3, the Company shall deliver to the Subscriber: 5.2.1 a copy, certified as true by a director of the Company, of the Bond Instrument duly executed by the Company; 5.2.2 a definitive Certificate for the Convertible Bonds required to be issued at Subscription Completion in the name of the Subscriber as the Bondholder; 5.2.3 a copy, certified as true by the Corporate Secretary of the Company, of the resolution of the board of directors approving the issuance of the Convertible Bonds; 5.2.4 (if required) a copy of the SEC Order confirming that the Convertible Bonds are exempt from registration and/or approving the issuance thereof; and 5.2.5 a counterpart of the Set-off Deed duly executed by the Company as a deed under its common seal. 5.3 At Subscription Completion, subject to compliance by the Company with Clause 5.2: 5.3.1 the Subscription Amount shall be set-off and applied to discharge in full the Loan Indebtedness in full repayment of the Loan Indebtedness if the Susbcription Completion Date is on or before 18 July 2022; 5.3.2 the Subscription Amount shall be set-off and applied to discharge a pro tanto amount of the Loan Indebtedness and the balance of the Loan Indebtedness after the Loan Set- Off, if any, shall be paid in full by the Company in immediately available fund (by bank transfer to the designated bank account of the Subscriber or the Subscriber’s order in PHP (or its equivalent in US$ converted at the Exchange Rate)) if the Susbcription Completion Date is after 18 July 2022 in order to compensate the Subscriber for the interest otherwise payable by the Company to it under the Loan Agreement, which compensation shall be at the rate of eight percent (8%) per annum on the Loan calculated from 19 July 2022 to and including the Subscription Completion Date; and 5.3.3 the Subscriber shall deliver to the Company a counterpart of the Set-off Deed duly executed by the Susbcriber as a deed under its common seal. 5.4 Notwithstanding any provisions contained in this Agreement, if the Company fails to do anything set out in Claus...
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Subscription Completion 
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Related to Subscription Completion

  • Subscription Term The transfer of Software Subscription(s) to Cloud Access does not change the start date or the duration of the original Software Subscription(s) and once your Software Subscription expires, your access to the Software Subscription in the Vendor’s Cloud will cease, unless otherwise renewed. You may renew your Software Subscription with Red Hat directly or an authorized partner.

  • Subscription Service PROS warrants that during the Subscription Term, the Subscription Service will conform in all material respects to the functional specifications set forth in the Documentation. Customer's sole and exclusive remedy will be the deployment of a corrected version of the PROS software application that is the object of the Subscription Service, or provision of a workaround, provided however if PROS fails to provide such remedy after using commercially reasonable efforts, Customer may exercise its rights herein for breach of contract, including, but not limited to, termination pursuant to Section 10.2.

  • Subscription Period 5.1.1 The Subscription Period is binding upon both Zensai and the Customer, meaning the Customer cannot terminate the Service, the Support Services and this SAAS Agreement during a Subscription Period. Notwithstanding the above, the Customer can terminate the Subscription due to a material default in the Services, cf. Section 10.3, or if a material change to the terms and conditions of the SAAS Agreement comes into force, cf. Section 16.1, and if the Customer is not in breach of the SAAS Agreement, Zensai will refund a pro rata portion of the Subscription Fee for the remaining un- used period of the Service and Support Services. 5.1.2 The Subscription Fee for the Subscription Period is defined in the Quote. The Customer may add Users or upgrade the Service during the Subscription Period but may not downgrade the number of Users during the Subscription Period. For Support Services, the Customer may upgrade its level of Helpdesk Services during a Subscription Period, but the Customer may not downgrade to a lower service level. 5.1.3 The initial Subscription Period shall be defined in the Quote as accepted by the Customer and shall cover a minimum of 12 months. At the end of the initial term, the Subscription is subject to automatic renewal with a Subscription Period running for terms of 12 months, or longer periods if agreed in a new Quote. The Subscription Fee will be invoiced upon renewal for pre-payment. The Subscription may be changed or terminated by the Customer with a notice of no less than 60 days before renewal. 5.1.4 Zensai may terminate the SAAS Agreement by giving a notice of twelve (12) months before the end of a Subscription Period.

  • Subscription Services We grant You a right to use the Genesys Cloud Service in accordance with this Agreement and the applicable product descriptions found in the Services Order.

  • Software Subscription Use Case Red Hat Storage Server for On- Premise Red Hat Storage Server for On-Premise is intended to be used as a storage system and will be supported only when used as a storage node. Red Hat Storage Server is not supported on non- server hardware such as desktops or workstations. Red Hat Storage Server for On-Premise is intended for use on a dedicated System, Physical Node, Virtual Node or Virtual Guest; running other applications and/or programs of any type on the System, Physical Node, Virtual Node or Virtual Guest can have a negative impact on the function and/or performance of the Red Hat Storage Server and is not a supported Use Case. Each Red Hat Storage Server Subscription includes one Software Subscription to Red Hat Enterprise Linux Server and the Scalable File System Add-on, which are supported solely in connection with the use of Red Hat Storage Server. Red Hat Storage Server for Public Cloud Red Hat Storage Server for Public Cloud is intended to be used as a storage system and will be supported only when used as a storage node. When running in Amazon Web Services, an EC2 M1 Large dedicated instance is required in order to be supported. Running other applications and/or programs of any type on the same instance can have a negative impact on the function and/or performance of the Red Hat Storage Server and is not a supported Use Case. Each Red Hat Storage Server Subscription includes one Software Subscription to Red Hat Enterprise Linux Server and the Scalable File System Add-on, which are supported solely in connection with the use of Red Hat Storage Server. Red Hat Storage for Red Hat Enterprise Linux OpenStack Platform Red Hat Storage Server for Red Hat Enterprise Linux OpenStack Platform is intended to be used as a storage system with Red Hat Enterprise Linux OpenStack Platform and will be supported only when used as a storage node. Red Hat Storage Server is not supported on non-server hardware such as desktops or workstations. Red Hat Storage Server for Red Hat Enterprise Linux OpenStack Platform is intended for use on a dedicated Physical Node; running other applications and/or programs of any type on the Physical Node can have a negative impact on the function and/or performance of the Red Hat Storage Server and is not a supported Use Case. Each Red Hat Storage Server Subscription includes one Software Subscription to Red Hat Enterprise Linux Server and the Scalable File System Add-on, which are supported solely in connection with the use of Red Hat Storage Server.