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

  • For the purposes of Section 4.4 of the Second Tranche Agreement, ▇▇▇▇▇▇ shall reasonably cooperate with the Company in the Company’s efforts to solicit or cause to be solicited from the Company’s stockholders proxies in favor of the issuance of the Second Tranche Shares in accordance with the Second Tranche Agreement and to secure the Requisite Stockholder Approval.

  • 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.

  • 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.

  • Employee agrees that he shall be responsible for, and shall make prompt payment of, any and all individual federal, state and local taxes including, without limitation, withholding taxes due or arising from his receipt of such Shares and Second Tranche Shares, as required pursuant to applicable tax laws.


More Definitions of Second Tranche Shares

Second Tranche Shares has the meaning given to it in clause 2.3;
Second Tranche Shares has the meaning set forth in Section 2.1.
Second Tranche Shares means the Series A Preferred Shares sold at the Second Tranche Closing;
Second Tranche Shares has the meaning set forth in the Series C Agreement.
Second Tranche Shares means, upon the Second Growth Capital Advance (as defined in the Loan Agreement) being made under the Loan Agreement, 1,714,286 shares of the Company’s Series C-2 Preferred Stock; provided, however, if a Qualifying Round has occurred at the time of the making of the Second Growth Capital Advance, then the “Second Tranche Shares” shall only be the number of shares of Next Round Stock equal to (i) Two Hundred Ten Thousand Dollars ($210,000), divided by (ii) the Next Round Price.
Second Tranche Shares means, for each Purchaser, the number of Second Tranche Shares identified for such Purchaser on Exhibit A.
Second Tranche Shares means 402,897 Shares representing 24.9% of the paid up share capital of the Company.