Tranche C Completion Date definition
Examples of Tranche C Completion Date in a sentence
Unless otherwise waived in writing by the Company, at Tranche C Completion Date, the Subscriber agrees to deliver to the Company all evidence required by the Company showing the satisfaction of the conditions to be performed by the Subscriber before Tranche B Completion have been satisfied.
One-fourth of such additional consideration shall be paid by Shares of the Listco (“Additional Shares”) and the remaining three-fourths shall be paid in cash (“Additional Cash”) on Tranche C Completion Date, provided however, in case that the then prevailing PRC laws prohibit or restrict the issuance of Shares of Listco to the Allottees, the Company shall pay such additional consideration to the Allottees in cash.
Tranche C Completion will take place at 11a.m. on the Tranche C Completion Date at the office of the Company at ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇, ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, PRC or at any other time and place as otherwise agreed upon by the Company and the Subscriber.