Second Tranche Units definition

Second Tranche Units means the 3,261,000 shares of phantom stock designated as "Second Tranche Units" under the 2007 Management Equity Incentive Plan.
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Second Tranche Units means an aggregate of 6,200,000 Units;
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Second Tranche Units means the 6,257,987 Units to be issued on the Second Closing Date; (kk)
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Examples of Second Tranche Units in a sentence

  • Any Second Tranche Units that are unearned as of March 10, 2009 shall continue to be unearned.

  • Investment in the geodetic infrastructure and cadastral mapping will benefit the scientific community responsible for earth monitoring and also other sectors responsible for disaster planning and response.

  • The Seller is the beneficial and legal owner of record of all of the Preferred Units to be delivered by the Seller and the Seller holds such Preferred Units free and clear of all Liens, except for the GE Liens, which (i) with respect to the First Tranche Units, shall be released at the Initial Closing and (ii) with respect to the portion of the Second Tranche Units to be purchased and sold at each Subsequent Closing, shall be released at such Subsequent Closing.

  • Each Subsequent Closing Notice shall specify the date of the Subsequent Closing and the number of Second Tranche Units that shall be purchased and sold at such Subsequent Closing.

  • For more details, see the guide on Communicating EU research and innovation guidance for project participants as well as the "communication" section of the H2020 Online Manual.Concrete planning for communication activities must be included in the Gantt chart.

  • If the revised budget is modified by the Board of Directors to eliminate the need for the additional funds as a result of the Board’s decision not to pursue such activities for which the Additional Second Tranche Units are currently earmarked, the Company may terminate the sale of the Additional Second Tranche Units prior to receipt of funds for these Additional Second Tranche Units.

  • At the time the Investor was offered the First and Second Tranche Units and the Bonus Warrants, the Investor was, and at the date hereof it is, an “accredited investor” as defined in Rule 501(a) under the Securities Act.

  • The Second Closing Notice shall set forth the number of Second Tranche Units that the Company intends to sell the Purchasers.

  • The Units issued on conversion of the Initial Advance (as defined in the Bridge Note) are referred to as the "First Tranche Units" and the Units issued on conversion of the Subsequent Advance (as defined in the Bridge Note) are referred to as the "Second Tranche Units." The holders of the Units are collectively referred to as the "Investor".

  • The Parties agree that this Section 5.8(b) shall have effect only (i) after the closing of the issuance of the Second Tranche Units shall have occurred, or (ii) if circumstances arise such that the closing of the issuance of the Second Tranche Units will never occur.

Related to Second Tranche Units

  • 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.

  • Tranche 2 means the amount of [**] to be applied in payment of the third pre-delivery instalment due by the Borrower to the Builder under the Building Contract to be advanced by the Lenders on a Drawdown Date by way of their Contributions thereto;

  • Core Units means such Units of the Trust that are issued to Core Investors with the condition that these are not redeemable for a period of two years from the close of the First Offer Period. Such Units are transferable with this condition, but otherwise shall rank pari passu with all other Units, save for this restriction. Any transfer of the Core Units, during the first two years of their issue as mentioned herein, shall be affected only on the receipt by the Registrar of a written acceptance of this condition by the transferee.

  • 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.

  • Tranche 1 January 1, 2015 through December 31, 2015, which is allotted 25% of the Target Award,

  • Tranche B has the meaning assigned in Section 2.1(c)(i).

  • 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.

  • Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.

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

  • Tranche A has the meaning assigned in Section 2.1(c)(i).

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Class C Units The term "Class C Units" shall have the meaning set forth in the preface.

  • Tranche C means the credit facility provided pursuant to Section 2.1 to or for the benefit of the Company by the Banks with a Tranche C Commitment, which such facility shall consist of Loans (and participations in Swingline Loans) in the currencies referenced under the heading “Tranche C” on Schedule 1.1 and shall be in the maximum aggregate amount of the Tranche C Commitments of such Banks, as adjusted from time to time pursuant to the terms hereof.

  • 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.

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

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

  • Class A Common Units means a Common Unit which is designated as a “Class A Common Unit” and which has the rights, preferences and other privileges designated in Annex A hereto and elsewhere in this Agreement in respect of holders of Common Units.

  • Additional Units means such Units (as defined herein) as are issued in respect of Additional Securities."

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

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