First Tranche Notes definition

First Tranche Notes means the $48.0 million in aggregate principal amount of Convertible Notes issued on October 7, 2020.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

First Tranche Notes has the meaning set forth in the Recitals.

First Tranche Notes means senior secured guaranteed notes of an aggregate amount of

Examples of First Tranche Notes in a sentence

The First Tranche Note Purchase Commitments will be automatically and permanently reduced to zero upon the First Tranche Notes Issuance pursuant to Section 2.01(a).
The First Tranche Notes Issuance shall consist of First Tranche Notes simultaneously issued by the Issuer to each of the First Tranche Purchasers in accordance with their respective First Tranche Note Purchase Commitments.
Amounts which are repaid on the First Tranche Notes may not be reborrowed.
Each such prepayment shall be applied first, to outstanding Third Tranche Notes (if any), second, to outstanding Second Tranche Notes and third, to outstanding First Tranche Notes.
Receipt by the Administrative Agent of executed counterparts of this Agreement and the other Note Documents, each properly executed by a Responsible Officer of the signing Credit Party and each other party to such Note Documents, including without limitation the First Tranche Notes, duly executed and issued by the Issuer and in each case in form and substance reasonably satisfactory to the Administrative Agent.

More Definitions of First Tranche Notes

First Tranche Notes means the Notes issued pursuant to Section 2.1.1(a) on the First Tranche Closing Date.

First Tranche Notes mean convertible promissory notes of the Company, substantially in the form attached hereto as Exhibit A, having an aggregate principal amount equal to the First Tranche Note Amount and having an initial conversion price equal to the First Tranche Conversion Price.

First Tranche Notes or “Second Tranche Notes,” as applicable, where the context requires;

First Tranche Notes means senior secured guaranteed notes of an aggregate

First Tranche Notes means a series of Contingent Convertible Capital Securities to be known as the Series 13 9.625% Non-Step-Up Non-Cumulative Contingent Convertible Perpetual Preferred Tier 1 Securities.

First Tranche Notes means the first Tranche of Notes to be issued by the Pledgor pursuant to the Prospectus;

First Tranche Notes means the Senior Secured Convertible Notes to be issued by the Company to the Investors hereunder at the First Tranche Closing, in the form of Exhibit A attached hereto.