Tranche 1 Shares definition

Tranche 1 Shares. The Tranche 1 Shares shall vest with respect to 20% of the total Tranche 1 Shares on each of the first, second, third, fourth and fifth annual anniversaries of the Grant Date, provided that the Grantee’s Employment continues through such time.
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Tranche 1 Shares has the meaning set forth in the Recitals.
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Tranche 1 Shares shall have the meaning set forth in the Securities Purchase Agreement.
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Examples of Tranche 1 Shares in a sentence

  • List of Shares Tranche Number of Shares Details of Debenture Collateral Accounts Tranche 1 Shares [•] Tranche 1 Collateral Account: [•] Tranche 2 Shares [•] Tranche 2 Collateral Account: [•] Form of Collateral Supplement To: KRUNG THAI BANK PUBLIC COMPANY LIMITED as Debentureholders' Representative Date: [ ] Dear Sir, Collateral Supplement We refer to the Security Agreement dated [•] December 2014 and entered into among Siam Makro Holding (Thailand) Ltd.

  • Subject to terms of the Incentive Plan and the Restricted Stock award agreement, the Tranche 1 Shares shall be subject time-based vesting restrictions which shall lapse pro rata on each of the first three (3) anniversaries of the grant date.

  • Notwithstanding anything herein to the contrary, nothing shall prevent any lender of any Transaction Loan from exercising any rights of such lender with respect to the Tranche 1 Interests or Tranche 1 Shares.


More Definitions of Tranche 1 Shares

Tranche 1 Shares means 1,010,000 shares of Series F Preferred to be issued on the Closing Date, as such term is defined in the Merger Agreement.
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Tranche 1 Shares means such number of shares of Preferred Stock as shall equal (x) $150,000, divided by (y) the Tranche 1 Shares and Tranche 2 Shares Exercise Price in effect from time to time, (ii) Tranche 2 Shares” means such number of shares of Preferred Stock as shall equal (x) $150,000, divided by (y) the Tranche 1 Shares and Tranche 2 Shares Exercise Price in effect from time to time; and (iii) “Tranche 3 Shares” means such number of shares of Preferred Stock as shall equal (i) $150,000, divided by (y) the Tranche 3 Shares Exercise Price in effect from time to time; in all cases subject to adjustment from time to time in accordance with the provisions of this Warrant.
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Tranche 1 Shares means the Shares set out in item 5 of Schedule 2 (Details). Tranche 2 Shares means the Shares set out in item 5 of Schedule 2 (Details). Tranche 3 Shares means the Shares set out in item 5 of Schedule 2 (Details). Trust has the meaning given in clause 6.2(a).
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Tranche 1 Shares means a number of shares of Grove Common Stock equal to (i) the Tranche 1 Purchase Pricedivided by (ii) $11.70, as adjusted to include any additional shares of Grove Common Stock issued to the Subscriber pursuant to Section 2.1.6.
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Tranche 1 Shares means the 26,666,666 Ordinary Shares to be issued on the
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Tranche 1 Shares means 5 569 974 (five million five hundred and sixty-nine thousand nine hundred and seventy-four) Shares of the Specific Repurchase Shares repurchased in terms of the Specific Repurchase Tranche 1;
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Tranche 1 Shares means the shares in the Company listed opposite its name in Schedule 1 (List of Shares) as Collateral Shares for the Secured Liabilities under Tranche 1 Debentures.
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