Second Tranche Closing Date definition

Second Tranche Closing Date means the Trading Day upon (i) which the applicable portion of the Subscription Amount is transmitted to the Company from a bank in the United States and (ii) the Company’s obligations to deliver the corresponding Securities to be issued and sold, in each case, have been satisfied or waived, but in no event later than the second Trading Day following the date hereof.

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

Second Tranche Closing Date means the date of the Second Tranche Closing.

Examples of Second Tranche Closing Date in a sentence

• The Initial Registration Statement (as defined in the Registration Rights Agreement) registering the resale by the Buyer of all of the First Tranche Purchase Shares purchased by the Buyer at the First Tranche Closing and all of the Second Tranche Purchase Shares to be purchased by the Buyer at the Second Tranche Closing pursuant to this Agreement shall have been declared effective by the Commission under the Securities Act and shall remain effective as of the Second Tranche Closing Date.

• The obligation of the Investor to fund the Second Tranche shall be subject to the Registrable Securities, as defined by the Registration Rights Agreement, underlying the First Tranche Note and Warrants sold to the Investor at the First Tranche Closing being included for public sale in the Prospectus that is part of the Initial Resale Registration Statement, and to the Equity Conditions having been met as of the Second Tranche Closing Date.

• The Landmark Parties shall have received a certificate, dated the Second Tranche Closing Date, signed by each of the President and the Chief Financial Officer of the Company, certifying that the conditions specified in the foregoing Sections 7.1 and 7.2 hereof have been fulfilled.

• Buyer shall have performed in all material respects the agreements and obligations necessary to be performed by it under this Agreement prior to the First Tranche Closing Date and the Second Tranche Closing Date.

• On the Second Tranche Closing Date, in reliance upon the representations and warranties set forth below, the Company shall sell to LV, and LV shall purchase from the Company the Second Tranche of Purchased Preferred Stock for the Second Tranche Purchase Price (less any debt under the Grid Note that LCI requests be applied to the Purchase Price).

More Definitions of Second Tranche Closing Date

Second Tranche Closing Date means 60 days following effectiveness of the initial Resale Registration Statement, upon which date: (i) the applicable portion of the Subscription Amount is transmitted to the Company from a bank in the United States and (ii) the Company’s obligations to deliver the corresponding Securities in the Second Tranche to be issued and sold, in each case, have been satisfied, and subject to satisfaction of the conditions set forth herein.

Second Tranche Closing Date means 90 days following effectiveness of the Initial Resale Registration Statement covering the Underlying Shares of the Securities issued in the First Tranche, upon which date: (i) the applicable portion of the Subscription Amount is transmitted to the Company, (ii) the Company’s obligations to deliver the corresponding Securities in the Second Tranche to be issued and sold, and (iii) the applicable conditions to Second Tranche Closing have in each case been satisfied or waived.

Second Tranche Closing Date has the meaning assigned to such term in Section 1.3.

Second Tranche Closing Date means the date that is 10 Business Days following the last day of the Second Tranche Selection Period, but subject to the satisfaction or waiver by the applicable Party or Parties of all conditions at the Effective Time on the Second Tranche Closing Date.

Second Tranche Closing Date means a date that is ten trading days following the Company’s release of its earnings statement, or preliminary earnings statement that the Company reasonably believes is accurate in all material respects, for the six months ended December 31, 2019, provided, however, that the Company shall not (and agrees not to) release preliminary earnings for the six months ended December 31, 2019 more than 45 calendar days prior to releasing final earnings for such period, and in any event not prior to February 1, 2020, and the Company further agrees to provide each Buyer at least ten (10) days’ prior written notice before releasing such preliminary earnings statement (or, in the event no preliminary earnings statement for such period is issued, the final earnings statement for such period).

Second Tranche Closing Date means February 25, 2009 or such other date as the Corporation and the Subscriber may mutually agree upon in writing;

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.