Tranche 2 Purchase Price definition

Tranche 2 Purchase Price is defined in ‎Section 2.2(b).
Sample 1
Tranche 2 Purchase Price means One Million Dollars ($1,000,000). (b) Subject to the terms and conditions of this Agreement, at the Tranche 2 Closing the Purchasers shall purchase, and the Company shall sell and issue to the Purchasers, a number of shares of Common Stock (the “ Tranche 2 Shares ”) equal to the quotient obtained by dividing (i) the Tranche 2 Purchase Price by (ii) the Tranche 2 Per Share Price, rounded down to the nearest whole share. One-half of the Tranche 2 Shares shall be purchased by, and sold and issued to, each Purchaser.
Sample 1
Tranche 2 Purchase Price means an amount, in cash, equal to (i) $22,500,000 minus (ii) the amount of cash available, as of immediately prior to the Closing, to be released from the Trust Account (after giving effect to all payments to be made as a result of the exercise of all Redemption Rights); provided, that in no event shall the Tranche 2 Purchase Price be less than zero.
Sample 1

Examples of Tranche 2 Purchase Price in a sentence

  • At and immediately prior to the Initial Closing, the Subscriber will have cash and equity capital commitments in excess of the sum of the Tranche 1 Purchase Price and Tranche 2 Purchase Price.

  • The total of the Tranche 1 Purchase Price and the Tranche 2 Purchase Price is $299,819,368.00 (the “Purchase Price”).

  • Buyer shall pay to Sellers, by depositing with Escrowholder, in cash or other immediately payable funds, the Tranche 2 Purchase Price at the Tranche 2 Closing, less the Tranche 2 Xxxxxxx Money (plus the accrued interest thereon) held by Escrowholder, plus costs to be paid by Buyer for such Tranche 2 Properties pursuant to Section 7.4 hereof, and plus or minus prorations and adjustments shown on the Closing Statements executed by Buyer and Sellers for such Tranche 2 Properties.

  • The laws of the State of California shall govern the Indenture and this Note.

  • On each applicable Closing Date, the Purchaser will have at the applicable Closing all immediately available funds necessary to consummate the Tranche 1 Purchase, Tranche 2 Purchase or Tranche 3 Purchase, as applicable, and pay the Tranche 1 Purchase Price, Tranche 2 Purchase Price or Tranche 3 Purchase Price, as applicable, for the Tranche 1 Securities, Tranche 2 Securities or Tranche 3 Securities, as applicable, to be acquired hereunder on the terms contemplated by this Agreement at such Closing.

  • The Purchaser shall have delivered (i) the Tranche 1 Purchase Price in accordance with Section 1(c) above at the Tranche 1 Closing and (ii) the Tranche 2 Purchase Price in accordance with Section 1(d) above at the Tranche 2 Closing.

  • Upon each such Tranche 2 Closing Date, the Company shall provide the Subscriber with written wire instructions for the delivery of the Tranche 2 Purchase Price by the Subscriber to such account(s) designated by the Company in its sole discretion.

  • Subject to the terms and conditions set forth herein, the Corporation agrees to sell to the Investor, and the Investor agrees to purchase from the Corporation, the number of shares of Preferred Stock and Warrants set forth on Schedule 1.1, at the purchase prices set forth therein (the "Tranche 1 Purchase Price" and the "Tranche 2 Purchase Price", respectively; collectively, the "Purchase Price").

  • At the First Closing and the Second Closing, the Corporation and the Investor shall each execute and deliver a cross receipt acknowledging the receipt of the Tranche 1 Purchase Price and the Tranche 2 Purchase Price, respectively, and the Preferred Stock, respectively.

  • Following receipt of such wire instructions and in accordance therewith, on or prior to the Tranche 2 Closing Date, the Subscriber shall deliver (or cause the delivery of) the Tranche 2 Purchase Price to the Company by wire transfer of United States dollars in immediately available funds.


More Definitions of Tranche 2 Purchase Price

Tranche 2 Purchase Price means an amount, in cash, equal to (i) $22,500,000minus (ii) the amount of cash available, as of immediately prior to the Closing, to be released from the Trust Account (after giving effect to all payments to be made as a result of the exercise of all Redemption Rights); provided, that in no event shall the Tranche 2 Purchase Price be less than zero.
Sample 1
Tranche 2 Purchase Price means One Million Dollars ($1,000,000).
Sample 1

Related to Tranche 2 Purchase Price

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Loan Purchase Price With respect to any Home Equity Loan purchased from the Trust on or prior to a Monthly Remittance Date pursuant to Section 3.04, 3.06(b) or 8.10(b) hereof, an amount equal to the outstanding principal balance of such Home Equity Loan as of the date of purchase (assuming that the Monthly Remittance Amount remitted by the Servicer on such Monthly Remittance Date has already been remitted), plus all accrued and unpaid interest on such Home Equity Loan at the Coupon Rate to but not including the date of such purchase together with (without duplication) the aggregate amounts of (i) all unreimbursed Delinquency Advances and Servicing Advances theretofore made with respect to such Home Equity Loan, (ii) all Delinquency Advances which the Servicer has theretofore failed to remit with respect to such Home Equity Loan, (iii) all reimbursed Delinquency Advances and Servicing Advances to the extent that reimbursement is not made from the Mortgagor and (iv) any costs and damages incurred by the Trust in connection with any violation by the Home Equity Loan of any predatory or abusive lending law.

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • Purchase Price Percentage has the meaning assigned to such term in the Pricing Side Letter.

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Deferred Purchase Price shall have the meaning set forth in Section 2(a).

  • Per Unit Purchase Price equals $0.8670, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur between the date of this Agreement and the applicable Closing Date.

  • Purchase Price Date means the date the Purchase Price is delivered by Lender to Borrower.

  • Additional Loans Purchase Price means the dollar amount representing the aggregate purchase price of the related Additional Loans as specified in the applicable Additional Purchase Agreement (which, with respect to any Additional Loan purchased with funds on deposit in the Supplemental Purchase Account, will be equal to 100% of the aggregate principal balance of such Additional Loan, plus accrued interest to be capitalized).

  • Final Purchase Price has the meaning set forth in Section 2.02.

  • Net Purchase Price has the meaning set forth in Section 2.1.

  • Per Pre-Funded Warrant Purchase Price equals $0.0001, subject to adjustment for reverse and forward share splits, share dividends, share combinations and other similar transactions relating to shares of Common Stock that occur after the date of this Agreement.

  • Original Purchase Price means the price paid by you for the motor vehicle or a maximum of 110% of the market value of the vehicle as defined by Glass's Guide Retail at time of purchase, whichever is the lesser (including all factory fitted accessories) and after any discount given, but does not include the cost of dealer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and/or upholstery protection kits, insurance premiums (including the premium for this policy), warranty premiums, any finance arrears and any such associated costs and any negative equity transferred from a previous finance agreement.

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • VWAP Purchase Share Percentage means, with respect to any particular VWAP Purchase Notice pursuant to Section 1(c) hereof, the percentage set forth in the VWAP Purchase Notice which the Buyer will be required to buy as a specified percentage of the aggregate shares traded on the Principal Market during normal trading hours up to the VWAP Purchase Share Volume Maximum on the VWAP Purchase Date subject to Section 1(c) hereof but in no event shall this percentage exceed thirty percent (30%) of such VWAP Purchase Date’s share trading volume of the Common Stock on the Principal Market during normal trading hours.

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

  • Additional Purchase Price has the meaning provided in Section 1.2(b).

  • Purchase Price Adjustment Escrow Amount means $500,000.