First Tranche Shares means the [ ] shares subscribed by the Investors pursuant to clause 3.1 [and shall include the Additional Shares if applicable]] [Note: to be used if more than one tranche];
First Tranche Shares shall have the meaning set forth in Section 2.1.
First Tranche Shares has the meaning set forth in the Recitals.
Examples of First Tranche Shares in a sentence
Within 270 days of the First Completion Date or Second Completion Date, as applicable, the Seller shall be entitled to repurchase all (but not some) of the First Tranche Shares and the Second Tranche Shares purchased by the Buyer at a price equal to: (x) the price paid for such Sale Shares by the Buyer, plus (y) all costs and expenses and any tax payments incurred by the Buyer in connection with this Agreement and the transactions contemplated hereby, plus (z) 12% per annum on the sum of (x) and (y).
More Definitions of First Tranche Shares
First Tranche Shares means 1,215,163 Shares representing 75.1% of the paid up share capital of the Company.
First Tranche Shares means 409,091 shares of Common Stock, subject to applicable adjustment hereunder.
First Tranche Shares has the meaning given in paragraph 2.2;
First Tranche Shares means the Shares subscribed for by Royal Gold in accordance with the First Tranche Subscription Agreement;
First Tranche Shares means 2,659,099 Common Shares.
First Tranche Shares has the meaning given to it in clause 3.3(a);
First Tranche Shares has the meaning set forth in Section 2.1(A).