Third Tranche definition

Third Tranche means 106,500 of the Restricted Shares (of which 35,500 shall constitute Bonus Restricted Shares), for which the Performance Condition will be satisfied upon achievement of the Third Performance Hurdle; and

Third Tranche means the uncommitted tranche of additional Notes Payable in an aggregate amount of up to $150.0 million, available until March 31, 2024, subject to the satisfaction of certain conditions set forth in the Note Purchase Agreement.

Third Tranche has the meaning set out in subsection 4.3(c);

Examples of Third Tranche in a sentence

• The Company granted Paradigm 395,454 agent warrants relating to the Third Tranche Subscription Receipts.

• Each Third Tranche Subscription Receipt will entitle the holder thereof to receive, without payment of any additional consideration, one Unit (a Third Tranche Unit”).

• Each Third Tranche Unit will consist of one Common Share and one-half of one common share purchase warrant (each whole warrant a “Third Tranche Warrant”).

• With regard to secondary markets, it is particularly important that the data holder does not unfairly abuse the privileged contractual relationship with the user in order to arrange for rights to be granted in its favour or in favour of its authorised contractual partners or to categorically 60 Kerber, Governance of IoT Data: Why the EU Data Act will not Fulfill Its Objectives, 2022, p.

• Subject to any decision of the Committee, if the First,Second or Third Tranche is exercised in part, the Participant may exercise the balance of the Tranche at some other time during the Exercise Period.

More Definitions of Third Tranche

Third Tranche means the balance of the proceeds of the Loan remaining after utilization of the First Tranche and the Second Tranche to be withdrawn pursuant to and subject to the provisions of Attachment 4 of Schedule 3 to this Loan Agreement;

Third Tranche has the meaning given to that term in Article 2.2.1 (Tranches).

Third Tranche means 18,000 of the Restricted Shares, for which the Performance Condition will be satisfied upon achievement of the Third Stock Price Hurdle;

Third Tranche means, at any time, (a) during the Third Tranche Availability Period, the aggregate amount of the Third Tranche Note Purchase Commitments at such time and (b) thereafter, the aggregate principal amount of the Third Tranche Notes of all Third Tranche Purchasers outstanding at such time.

Third Tranche shall have the meaning ascribed to it in the recitals hereof.

Third Tranche has the meaning assigned to that term in Section 2.1.

Third Tranche. “ means the tranche referred to in Category (3) of the table in paragraph 1 of Schedule 1 to this Agreement, to be released by the Association on or after the date on which the conditions referred to in Part B of Schedule 3 to this Agreement have been met.