Scheme Condition definition

Scheme Condition means the Condition referred to in paragraph 2 (Scheme approval) of Part 1 of Appendix 1 to the Announcement;
Scheme Condition means the conditions referred to in paragraph 1 of Appendix 1 to the Announcement;
Scheme Condition means the Conditions set out in paragraph 2 of Part A of

Examples of Scheme Condition in a sentence

  • Where Newco 1 is required to allot and issue Members’ Scheme Condition Shares and/or Warrants to the Existing Shareholders, the Existing Shareholders shall receive the Members’ Scheme Condition Shares and/or Warrants on the basis set out in the Members’ Scheme or otherwise determined by the Parent, provided that the overall quantum of Members’ Scheme Condition Shares and/or Warrants issued to the Existing Shareholders shall not be thereby increased.

  • The satisfaction of each condition in clauses 3.1(a) to 3.1(g) (inclusive) of this Scheme (Condition) is a condition precedent to the operation of this Scheme.

  • In circumstances where the Bidder confirms the satisfaction or waiver of all Conditions (other than the Scheme Condition) in accordance with clause 5.1, the Bidder agrees that TISE shall be permitted to take all necessary steps to procure that the Court Sanction Hearing is duly held as soon as reasonably practicable thereafter.

  • Pursuant to Note 2 to Rule 30.1 of the Takeovers Code, the Offeror may only invoke any or all of the Scheme Conditions as a basis for not proceeding with the Privatization Proposal if the circumstances which give rise to the right to invoke such Scheme Condition are of material significance to the Offeror in the context of the Privatization Proposal.

  • Accordingly, the Scheme Condition in relation to the MAS Restructuring Approval, as set out in paragraph 3.8(a)(i) of this Letter from the Board to the Shareholders, has been satisfied.

  • Where the Acquisition is being implemented by way of the Scheme (and to the extent that all Conditions (other than the Scheme Condition) have been satisfied or waived prior to or on the date of the Court Sanction Hearing), the Bidder shall undertake to the Court to be bound by the terms of the Scheme insofar as it relates to the Bidder (or instruct its counsel to so undertake on its behalf).

  • As at the Announcement Date and based on the information available to the Offeror and Yashili, in relation to Scheme Condition (e) above and assuming that all Scheme Pre- Conditions have been satisfied, save for Scheme Conditions (c) and (d) above and the application for the withdrawal of the listing of the Yashili Shares on the Stock Exchange upon the Scheme becoming effective, neither the Offeror nor Yashili is aware of any other Approvals which are required for the Privatization Proposal and the Scheme.

  • The Supplier shall be exempt from complying with the Cyber Essentials Scheme Condition required in this clause if the Supplier conforms IS27001 standard and has provided evidence of such compliance to the standard to the Authority.

  • Where the Supplier continues to Process Cyber Essentials Scheme Data during the Term or the period of the Contract the Supplier shall deliver to the University evidence of renewal of a valid Cyber Essentials Scheme Plus Certificate or Cyber Essential Scheme Plus certificate equivalent on each anniversary of the first applicable certificate obtained by the Supplier under Clause 23 (Cyber Essentials Scheme Condition).

  • Accordingly, the Scheme Condition in relation to the MAS Declaration, as set out in paragraph 3.8(a)(ii) of this Letter from the Board to the Shareholders, has been satisfied.


More Definitions of Scheme Condition

Scheme Condition means each of the Conditions in clauses 6.1.2 to 6.1.4;
Scheme Condition means Condition 2 set out in Appendix 2 to the Agreed Form 2.7
Scheme Condition means any one of them as the context may require.
Scheme Condition the Condition referred to in paragraph 2(c) of Part A of Appendix 1 to this Announcement; "Scheme Document" the document to be sent to Xpediator Shareholders containing, amongst other things, the Scheme and the notices convening the Court Meeting and General Meeting;
Scheme Condition means the Condition set out in paragraph 2 of Part A of Appendix I to the Announcement; Scheme Document means the circular relating to the Scheme to be dispatched to (among others) TISE Shareholders, setting out, among other things, the full terms of and conditions to the implementation of the Scheme, as well as the Scheme itself and Subsidiary means The International Stock Exchange Authority Limited; Switch has the meaning given in clause 6.1;

Related to Scheme Condition

  • Confirmation Condition means, with respect to any Bankrupt Manufacturer which is a debtor in Chapter 11 Proceedings, a condition that shall be satisfied upon the bankruptcy court having competent jurisdiction over such Chapter 11 Proceedings issuing an order that remains in effect approving (i) the assumption of such Bankrupt Manufacturer’s Manufacturer Program (and the related Assignment Agreements) by such Bankrupt Manufacturer or the trustee in bankruptcy of such Bankrupt Manufacturer under Section 365 of the Bankruptcy Code and at the time of such assumption, the payment of all amounts due and payable by such Bankrupt Manufacturer under such Manufacturer Program and the curing of all other defaults by the Bankrupt Manufacturer thereunder or (ii) the execution, delivery and performance by such Bankrupt Manufacturer of a new post-petition Manufacturer Program (and the related Assignment Agreements) on the same terms and covering the same Vehicles as such Bankrupt Manufacturer’s Manufacturer Program (and the related Assignment Agreements) in effect on the date such Bankrupt Manufacturer became subject to such Chapter 11 Proceedings and, at the time of the execution and delivery of such new post-petition Manufacturer Program, the payment of all amounts due and payable by such Bankrupt Manufacturer under such Manufacturer Program and the curing of all other defaults by the Bankrupt Manufacturer thereunder; provided, however, that notwithstanding the foregoing, the Confirmation Condition shall be deemed satisfied until the 90th calendar day following the initial filing in respect of such Chapter 11 Proceedings.

  • Unsafe condition as used in this clause means the actual or potential exposure of contractor or Government employees to a hazardous material as defined in Federal Standard No. 313, and any revisions thereto during the term of this contract, or any other material or working condition designated by the Contracting Officer's Technical Representative (COTR) as potentially hazardous and requiring safety controls.

  • Step Down Conditions As of any Distribution Date on which any decrease in any Senior Prepayment Percentage may apply, (i) the outstanding Principal Balance of all Mortgage Loans 60 days or more Delinquent (including Mortgage Loans in REO and foreclosure), averaged over the preceding six month period, as a percentage of the aggregate of the Class Certificate Principal Balances of the Classes of Subordinate Certificates on such Distribution Date, does not equal or exceed 50% and (ii) cumulative Realized Losses with respect to all of the Mortgage Loans do not exceed: · for any Distribution Date on or after the seventh anniversary until the eighth anniversary of the first Distribution Date, 30% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the eighth anniversary until the ninth anniversary of the first Distribution Date, 35% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the ninth anniversary until the tenth anniversary of the first Distribution Date, 40% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the tenth anniversary until the eleventh anniversary of the first Distribution Date, 45% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, and · for any Distribution Date on or after the eleventh anniversary of the first Distribution Date, 50% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date.

  • Acute condition means that the individual is medically unstable. Such an individual requires frequent monitoring by medical professionals, such as physicians and registered nurses, in order to maintain his or her health status.

  • Offer Conditions has the meaning set forth in Section 1.01(b).