Tranche 1 Warrant definition

Tranche 1 Warrant means each warrant to purchase Class A Common Stock issued pursuant to the Tranche 1 Warrant Agreement.
Tranche 1 Warrant means that certain Warrant to purchase a number of shares of Borrower’s Preferred Stock at an aggregate exercise price equal to $396,000 issued by Borrower to Lender on the Closing Date in connection with the extension of the Tranche 1 Term Loan Advance.
Tranche 1 Warrant and “Tranche 2 Warrant” means the warrant to purchase shares of common stock of Parent, in form and content reasonably acceptable to Bank and Borrower; provided, however, that the Tranche 2 Warrant shall be in substantially the same form as the Tranche 1 Warrant.

Examples of Tranche 1 Warrant in a sentence

  • The certificate of incorporation (the “Company Charter”) and bylaws of the Company and the Tranche 1 Warrant Agreement and the Tranche 2 Warrant Agreement filed as exhibits to the Company SEC Documents are true, correct and complete copies as of the date hereof.

  • The conversion price of the Tranche 1 Debentures is $0.635 per share and the exercise price of the Tranche 1 Warrants was initially $0.762 per share and has been adjusted to $0.5786 per share (pursuant to Tranche 1 Warrant terms).

  • In lieu of delivery of Additional Units or Additional Cash as provided above, the Partnership and Rio Vista Pxxxx may elect to pay cash to Holder equal to the aggregate value (based on the Exercise Date Price) of the Tranche 1 Warrant Units issued to Holder in connection with such exercise (the “All Cash Payment”).

  • The Tranche 1 Warrant shall have a term of six (6) years from the Original Effective Date and shall be in the form Warrant set forth in Exhibit A.

  • At the time such Purchaser was offered the Convertible Debentures and the Tranche 1 Warrant to be purchased by it hereunder, it was, and at the date hereof, it is, and at each Closing Date (and on the Tranche 2 Closing Expiration Date, if applicable), it will be, an "accredited investor" as defined in Rule 501(a) under the Securities Act.

  • The Fixed Tranche 1 Price and the number of Tranche 1 Warrant Units shall be subject to adjustment from time to time as provided in this Section 3.

  • Upon delivery of the All Cash Payment to Holder, all Tranche 1 Warrant Units issued to Holder in connection with such exercise shall be returned to the Partnership and/or cancelled by the Partnership.

  • The Holder shall have an option (the “Share Option”), which may be exercised during the Exercise Period, in accordance with Section 2(d), to convert the Tranche 1 Warrant held by the Holder into such number of ordinary shares of the Company as is equal to (NL-SH) (the “Equivalent Lian Shares”), where (NL-SH) shall be calculated as follows: Where, NSUB–SH is 41,666, representing the total number Subsidiary Shares under the Tranche 1 Warrant.

  • The undersigned Warrantholder, being the holder of Warrants of Noble Corporation, a Cayman Islands exempted company (the “Company”), issued pursuant to that certain Tranche 1 Warrant Agreement, as dated February 5, 2021 (the “Warrant Agreement”), by and between the Company and Computershare Inc.

  • As additional consideration for the Second Additional Loan, Lender is entitled to warrant instruments issued by Borrower in substantially the forms attached hereto as Annex B-1 (the “Tranche 1 Warrant”) and Annex B-2 (the “Tranche 2 Warrant”, and together with the Tranche 1 Warrant, the “Warrants”) to acquire up to an aggregate of 30,000,000 shares of the Borrower’s Class A common stock at a purchase price of $0.125 per whole share underlying the Warrants.


More Definitions of Tranche 1 Warrant

Tranche 1 Warrant means certain Amended and Restated Warrant issued by the Subsidiary to the Holder to purchase 41,666 ordinary shares of the Subsidiary, dated March 26, 2021 with a warrant number A-1.

Related to Tranche 1 Warrant

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

  • 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;

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

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

  • Tranche C Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TFA pursuant to Section 2.1(c) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche C Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche A Commitment means, with respect to each Lender, the -------------------- commitment, if any, of such Lender to make Tranche A Term Loans hereunder, expressed as an amount representing the maximum principal amount of the Tranche A Term Loans to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.06 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender's Tranche A Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Tranche A Commitment, as applicable. The initial aggregate amount of the Lenders' Tranche A Commitments is $175,000,000.

  • Tranche B Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan hereunder on the Effective Date, expressed as an amount representing the maximum principal amount of the Tranche B Term Loan to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Tranche B Commitment is set forth on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Tranche B Commitment, as the case may be. The initial aggregate amount of the Lenders’ Tranche B Commitments is $750,000,000.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

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

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

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • 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.

  • Tranche B Advance has the meaning specified in Section 2.01(b).

  • Tranche A Term Loan Commitment means the commitment of a Lender to make or otherwise fund the Tranche A Term Loan and “Tranche A Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of the Tranche A Term Loan Commitments as of the Closing Date is $5,000,000.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Tranche B Term Note shall have the meaning provided in Section 1.05(a).

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Tranche the collective reference to Eurodollar Loans the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

  • L/C Commitment Amount has the meaning given to that term in Section 2.3.(a).

  • Tranche A Term Commitment as to any Lender, the obligation of such Lender, if any, to make a Tranche A Term Loan to the Borrower on the Incremental Facilities Closing Date in a principal amount not to exceed the amount set forth under the heading “Tranche A Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate amount of the Tranche A Term Commitments is $20,000,000.

  • Tranche B Maturity Date means May 8, 2009, or, if such day is not a Business Day, the next preceding Business Day.

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).