Examples of Tranche 1 Amount in a sentence
In consideration of the payment of the Tranche 1 Amount to MedTel, MedTel had on 30 September 2021, which is within 60 days from the date of investment of the Tranche 1 amount as per laws applicable in India, issued and allotted in favor of the Investor, 371 equity shares of face value of INR 10 each (the "Tranche 1 Subscription Shares").
To the best of the Directors’ knowledge, information and belief having made all reasonable enquiries, each of the Tranche 1 Purchasers is an independent third party and not a connected person of the Company.Subject matter Tranche 1 Notes The Company agrees to issue and sell to the Tranche 1 Purchasers, and the Tranche 1 Purchasers agree to purchase from the Company, on Completion Date, the Tranche 1 Notes for a price equal to the Tranche 1 Amount in the aggregate.