Examples of Tranche 1 Closing Date in a sentence
The Purchaser shall deposit the amount of the Purchase Price payable for the Tranche 1 Shares (as set out in Exhibit A) into the Company’s account at Westpac Banking Corporation, the details of which are set out in Exhibit B, on the Tranche 1 Closing Date in immediately available cleared funds.
On the Tranche 1 Closing Date, each Purchaser shall deliver to the Company, via wire transfer, immediately available funds equal to such Purchaser’s Tranche 1 Subscription Amount, and the Company shall deliver to such Purchaser its respective Shares and Warrants as determined pursuant to Section 2.2(a), and the Company and such Purchaser shall deliver the other items set forth in Section 2.2 (the “Tranche 1 Closing”).
No Change of Control in the Company shall have occurred since the Tranche 1 Closing Date.
Prior to and ceasing upon Stockholder Approval, the Exercise Price shall be adjusted in the same manner as the Applicable Conversion Price (as defined in the Certificate of Designation) of Series B Preferred Stock issued on the Tranche 1 Closing Date pursuant to Section 6(h) of the Certificate of Designation, mutatis mutandis.
Omega Parent and Omega UK shall have performed in all material respects the respective obligations required to be performed by them under this Agreement at or prior to the Tranche 1 Closing Date, and Buyer shall have received a certificate signed on behalf of Omega Parent and Omega UK by a senior executive officer to such effect.