Second Tranche Closing definition

Second Tranche Closing means the Closing of the Second Tranche.

Second Tranche Closing has the meaning set forth in Section 1.3(b).

Second Tranche Closing shall have the meaning set forth in Section ---------------------- 2.3(b).

Examples of Second Tranche Closing in a sentence

• On the Second Tranche Closing Date, provided that the Equity Conditions shall be satisfied as of such date, and subject to the satisfaction of the terms and conditions set forth herein, the Company agrees to sell, and the Investor agrees to purchase, an aggregate of $2,500,000 of Principal Amount of the Second Tranche Note and Warrants.

• For each of the Second Tranche Closing and the Third Tranche Closing, the Investor shall deposit 40% of the applicable Subscription Amount into the DACA Account, subject to the terms and conditions of the Transaction Documents.

• Upon satisfaction of the covenants and conditions set forth in Sections 2.2 and 2.3, but only to the extent the Company shall also previously complied with all Transaction Documents prior to and as of the Second Tranche Closing Date, the Second Tranche Closing shall occur at the offices of Xxxxx Xxxxxx or such other location as the parties shall mutually agree, or shall take place remotely by electronic transfer of applicable Transaction Documents.

• The Investor shall deliver to the Company, via wire transfer, immediately available funds equal to the Investor’s Subscription Amount as to the Second Tranche Closing as set forth on the signature page hereto executed by the Investor, and the Company shall deliver to the Investor its Note and a Warrant, as determined pursuant to Section 2.2(a), and the Company and the Investor shall deliver the other items set forth in Section 2.2 deliverable at the Second Tranche Closing.

More Definitions of Second Tranche Closing

Second Tranche Closing shall have the meaning specified in Section 2.02.

Second Tranche Closing and “Second Tranche Closing Date” mean the consummation of the Company’s issuance and sale, and the Investors’ purchase, of shares of New Class B Preferred Stock under Section 3.3 of this Agreement and the date on which the same occurs or occurred.

Second Tranche Closing has the meaning set forth in Article II of this Agreement.

Second Tranche Closing has the meaning given in Section 5(c).

Second Tranche Closing has the meaning given in paragraph 8.3;

Second Tranche Closing has the meaning given to it in Section 2.2(b).

Second Tranche Closing has the meaning specified in Section 2.3(a) of this Agreement.