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 Xx. Xxxxx Xxxxx Patni, Xx Xxxxxxxx Xxxxx Patni, and Xx Xxxxx Theodoor van den Xxxx, 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. The exercise of the options and performance rights will remain subject to the achievement of specific performance hurdles.
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. (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 the Purchaser shall pay the Total Purchase Price to the Sellers, by way of wire transfers in immediately available funds (with value date (date de valeur) on the Completion Date) to the bank accounts of the Sellers the reference of which shall be communicated by the Financial Sellers’ Representative to the Purchaser at least two (2) Business Days prior to the Completion Date, and in accordance with the allocation to be notified by the Financial Sellers’ Representative to the Purchaser at least two (2) Business Days prior to the Completion Date (in the form of Amended Schedule 3.3.1).”
On the Completion Date. The Buyer shall make all reasonable efforts to achieve satisfaction of the Condition set out in Clause 3.2 as soon as possible after the date of this Agreement and in any event not later than 12:00 p.m. on the Completion Date.
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. (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. 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.