Tranche A Closing definition

Tranche A Closing has the meaning attributed to such term in Section 4.1;

Tranche A Closing has the meaning set forth in Section 1.4.

Tranche A Closing. The closing of Tranche A (the “Tranche A Closing”) shall occur no later than One Hundred (100) days from the Effective Date, or such other mutually agreed upon time (the “Tranche A Closing Date”); and

Examples of Tranche A Closing in a sentence

• Subject to the terms of this Agreement, the Lenders make available to the Borrower a euro term loan facility in a maximum aggregate amount equal to the Total Commitments, which shall be split into two tranches for purposes of enabling the Lenders to make available their Commitments under the Loans on the Tranche A Closing Date and the Tranche B Closing Date, respectively.

• The first Interest Period for the Tranche A Loan starts on the Tranche A Closing Date and the first Interest Period for the Tranche B Loan starts on the Tranche B Closing Date.

• Each Tranche A Lender shall no later than 5 Business Days prior to the Tranche A Closing Date, deliver to the Borrower a duly completed and executed Tranche A Commitment Proposal.

• For purposes of paragraph11.2.4 above, any reference to a ‘Reset Date’ in the definitions of 10 Year Swap Rate and 12 Year Swap Rate shall be deemed to refer to the date that is two Business Days prior to the Tranche A Closing Date or the Tranche B Closing Date, as applicable.

• The interest rate will be set during the period that starts no earlier than 5 Business Days before the Tranche A Closing Date and the Trance B Closing Date, respectively.

More Definitions of Tranche A Closing

Tranche A Closing. Tranche B Closing", "Tranche A Closing Date" and "Tranche B Closing Date" shall have the respective meanings specified in the Securities Purchase Agreement;

Tranche A Closing as defined in Section 2.2.

Tranche A Closing has the meaning assigned to it in Section 5(a) hereof.

Tranche A Closing has the meaning assigned to it in Section 5(a) hereof. "Tranche A Closing Date" has the meaning assigned to it in Section 5(b) hereof. "Tranche A Purchase Price" has the meaning assigned to it in Section 4(a) hereof. "Tranche A Securities" has the meaning assigned to it in Section 4(a) hereof. "Tranche A Shares" has the meaning assigned to it in Section 4(a) hereof. "Tranche A Warrants" has the meaning assigned to it in Section 4(a) hereof. "Tranche B Closing" has the meaning assigned to it in Section 5(a) hereof. "Tranche B Closing Date" has the meaning assigned to it in Section 6 hereof. "Tranche B Purchase Price" has the meaning assigned to it in Section 4(b) hereof. "Tranche B Securities" has the meaning assigned to it in Section 4(b) hereof. "Tranche B Shares" has the meaning assigned to it in Section 4(b) hereof. "Tranche B Warrants" has the meaning assigned to it in Section 4(b) hereof. "Transaction Documents" means this Agreement, the Warrant Instrument, the Registration Rights Agreement, and the Strategic Agreement. "Unaudited Balance Sheets" has the meaning assigned to it in Section 6.6 hereof. "Unaudited Financial Statements" has the meaning assigned to it in Section 6.6 hereof. "Underlying Shares" means the shares of Common Stock issuable upon conversion of the shares of Series D Preferred Stock. "VWAP" means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed or quoted on a Trading Market, the daily volume weighted average price of the Common Stock for such date (or the nearest preceding date) on the primary Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg Financial L.P. (based on a Trading Day from 9:30 a.m. EST to 4:02 p.m. Eastern Time) using the VAP function; (b) if the Common Stock is not then listed or quoted on the Trading Market and if prices for the Common Stock are then reported in the "Pink Sheets" published by the Pink Sheets, LLC (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock so reported; or (c) in all other cases, the fair market value of a share of Common Stock as determined by a nationally recognized-independent appraiser selected in good faith by the Investor. "Warrant Instrument" has the meaning assigned to it in Section 3 hereof. "Warrants" has the meaning assigned to it in Section 3 hereof.

Tranche A Closing is defined in Section 3 of this Agreement.

Tranche A Closing means the completion of the issue of the Tranche A Notes to the Noteholder.

Tranche A Closing means the completion of the subscription of the Tranche A Subscription Shares in accordance with Section 2(e) and Section 2(g).