Second Tranche Placing Shares definition

Second Tranche Placing Shares means such number of Placing Shares equal to the aggregate number of Placing Shares minus the First Tranche Placing Shares;
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Second Tranche Placing Shares means the conditional Non-EIS/VCT Placing Shares;
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Examples of Second Tranche Placing Shares in a sentence

  • Other than the Resolutions in respect of the Second Tranche Placing Shares, there is no authorisation, approval, consent or licence required by the Company for the issue of the Placing Shares, the entry into and performance of this Agreement or to effect the Placing which has not been unconditionally and irrevocably obtained and remains and will at all times remain in full force and effect.

  • If the Company terminates Leshyn's employment without cause, the Company will pay Leshyn in a single payment one and one-half times her then current Base Salary, plus all earned vacation, bonus in agreement with section 4(b) and earned personal time not used.

  • The Second Tranche Placing Shares and the Subscription Shares have been placed conditional upon, inter alia, the passing of the Resolutions at the General Meeting.

  • Subject to the passing of the Resolutions at the General Meeting, the Company has power and authority to allot and issue the Second Tranche Placing Shares and to effect the Placing of the Second Tranche Placing Shares in the manner proposed and to enter into and perform this Agreement and all arrangements relating to the Placing of the Second Tranche Placing Shares without any further authorisation, sanction or consent by members of the Company or any class of them or any other person.

  • The Second Tranche Placing and the Subscription are conditional, inter alia, upon Second Admission (which is expected to become effective with dealings in the Second Tranche Placing Shares and Subscription Shares to commence on 24 June 2021).

  • Consequently, even if the First Tranche Placing Shares have been issued there is no guarantee that the placing of the Second Tranche Placing Shares will become unconditional.

  • The issue of the First Tranche Placing Shares and the Second Tranche Placing Shares will take place separately.

  • It is expected that dealings in the First Tranche Placing Shares will commence on AIM on or around 5 July 2010, dealings in the Second Tranche Placing Shares will commence on AIM on or around 6 July 2010 and that dealings in the Third Tranche Placing Shares will commence on AIM on or around 7 July 2010.

  • For the Second Tranche Placing and Subscription to proceed, the Company requires Shareholders’ approval to authorise the Directors to allot the Second Tranche Placing Shares and Subscription Shares and to disapply statutory pre•emption rights in relation to the issue of the New Ordinary Shares.

  • The Placing of the Second Tranche Placing Shares is also conditional on each of the Placing Agreements becoming unconditional and not being terminated in accordance with their terms and upon First Admission occurring on or before 30 July 2018 (or such later date as TPI and the Company may agree, not being later than 13 August 2018.

Related to Second Tranche Placing Shares

  • Placing Shares means the 32,313,130 Shares to be issued by the Company pursuant to the Placing;

  • Second Tranche means the amount of the Financing allocated to the category entitled “Second Tranche” in the table set forth in Part B of Section II of Schedule 1 to this Agreement.

  • VWAP Purchase Share Percentage means, with respect to any particular VWAP Purchase Notice pursuant to Section 1(c) hereof, the percentage set forth in the VWAP Purchase Notice which the Buyer will be required to buy as a specified percentage of the aggregate shares traded on the Principal Market during normal trading hours up to the VWAP Purchase Share Volume Maximum on the VWAP Purchase Date subject to Section 1(c) hereof but in no event shall this percentage exceed thirty percent (30%) of such VWAP Purchase Date’s share trading volume of the Common Stock on the Principal Market during normal trading hours.

  • Commitment Shares shall have the meaning set forth in Section 12.04.

  • Note Shares means the shares of Common Stock issuable upon conversion of the Notes.

  • Offering Shares means the shares of Common Stock included in the Units issued pursuant to this Agreement and Investor Warrant Shares.

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Accelerated Purchase Share Percentage means, with respect to an Accelerated Purchase made pursuant to Section 2(b) hereof, thirty percent (30%).

  • Company Outstanding Shares means the total number of shares of Company Common Stock outstanding immediately prior to the Effective Time, expressed on a fully-diluted and as-converted to Company Common Stock basis.

  • Private Placement Units shall have the meaning given in the Recitals hereto.

  • Prefunded Warrant Shares means the shares of Common Stock issuable upon exercise of the Prefunded Warrants.

  • Rights Offering Shares means the shares of New Common Stock (including all Unsubscribed Shares purchased by the Commitment Parties pursuant to this Agreement) distributed pursuant to and in accordance with the Rights Offering Procedures.

  • Class B Common Shares means the Class B Convertible Voting Common Shares of the Company, par value $1.00 per share.

  • Private Placement Warrants shall have the meaning given in the Recitals hereto.

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

  • First Tranche means the amount of the Loan allocated to the category entitled “First Tranche” in the table set forth in Part B of Schedule 1 to this Agreement.

  • Private Placement Shares shall have the meaning given in the Recitals hereto.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Qualifying Warrants means net share settled warrants to purchase Common Stock that have an exercise price greater than the current Market Value of the issuer’s Common Stock as of their date of issuance, that do not entitle the issuer to redeem for cash and the holders of such warrants are not entitled to require the issuer to repurchase for cash in any circumstance.

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

  • Forward Purchase Shares shall have the meaning given in the Recitals hereto.

  • Pre-Funded Warrant Shares means the shares of Common Stock issuable upon exercise of the Pre-Funded Warrants.

  • Class A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.