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

  • 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.

  • 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.