Second Tranche Shares definition

Second Tranche Shares means the [ ] shares subscribed by the Investors pursuant to clause 3.2] [Note: insert definition if appropriate];

Second Tranche Shares has the meaning set forth in Section 1.1(b).

Second Tranche Shares has the meaning set forth in the recitals.

Examples of Second Tranche Shares in a sentence

• A copy of the investigation report and a copy of this policy must be included with the letter.

• Intrexon acknowledges that the First Tranche Shares, Second Tranche Shares and Upfront Purchase Shares are restricted securities and must be held indefinitely unless subsequently registered under the Securities Act or the Company receives an opinion of counsel reasonably satisfactory to the Company that such registration is not required.

• Simultaneously, the Indian Escrow Agent shall release the Second Tranche Shares to the Purchaser.

• Any preferred stock or warrants of the 12% Senior Notes Issuer issued to Purchaser shall have rights and terms that are equivalent to the rights and terms of the First Tranche Shares and Second Tranche Shares and the Warrants, respectively.

• The Second Tranche Shares shall be issued to BGL and EML in the proportions of 71.43% and 28.57%, respectively.

More Definitions of Second Tranche Shares

Second Tranche Shares has the meaning given to it in clause 3.5;

Second Tranche Shares has the meaning given in paragraph 2.3;

Second Tranche Shares means 402,897 Shares representing 24.9% of the paid up share capital of the Company.

Second Tranche Shares means an aggregate number of shares of Common Stock determined by, multiplying the Additional Advance by three percent (3%), and then dividing the product thereof by the Second Tranche Share Exercise Price, rounded up to the nearest whole number, subject to applicable adjustment hereunder.

Second Tranche Shares means that number of shares of Common Stock equal to Twenty Five Million Dollars ($25,000,000) divided by the Bloomberg volume- weighted average price for a share of Common Stock on the NASDAQ Global Select Market for the 30 Trading Day period ending on the last Trading Day prior to the Second Tranche Notice, rounded to the nearest whole share.

Second Tranche Shares means the Series A Preferred Shares sold at the Second Tranche Closing;

Second Tranche Shares means the Shares subscribed for by Royal Gold in accordance with the Second Tranche Subscription Agreement;