Tranche 2 Subscription Request Clause Samples

Tranche 2 Subscription Request. Subject to Tranche 1 Completion and the terms of the Subscription Agreement, the Subscriber may require the Company to allot and issue such number of Tranche 2 1 Trading of the Shares of the Company was halted on 7 August 2017. Subscription Shares at the Issue Price by issuing to the Company a duly completed subscription request (“Tranche 2 Subscription Request”) at any time during the Tranche 2 Exercise Period (as defined below). The Company shall only be obliged to allot and issue Tranche 2 Subscription Shares pursuant to the first duly completed Tranche 2 Subscription Request received by the Company. The Company shall not be obliged to issue any further Tranche 2 Subscription Shares thereafter.