Tranche A Shares definition

Tranche A Shares means the Shares to be subscribed for by the Subscriber pursuant to Article 2 of this Agreement.
Tranche A Shares has the meaning set forth in Section 1(a).
Tranche A Shares means the Shares to be issued to the Allottee pursuant to Section 2.2(a)(i) of this Agreement, subject to the adjustment (if applicable) set forth in Section 2.7 of this Agreement.

Examples of Tranche A Shares in a sentence

  • For the avoidance of doubt, the Company will consider issuing the Tranche A Shares, Tranche B Shares and the Tranche C Shares (as the case may be) to the Allottee as contemplated hereunder only if there is a successful IPO.

  • As of the consummation of the transactions substituting Restricted Shares (as defined below) for the Warrant (the "SUBSTITUTION CLOSING"), Parent will have authorized the issuance to UHC of 4,229,682 shares of restricted Common Stock (the "TRANCHE A SHARES") and 1,409,895 shares of restricted Common Stock (the "TRANCHE B SHARES", and collectively with the Tranche A Shares, the "RESTRICTED SHARES").

  • An additional twenty percent (20%) of the total Tranche A Shares shall vest on the third (3rd) anniversary of the Date of Grant, provided the Participant is employed by (or if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date.

  • The remaining twenty percent (20%) of the total Tranche A Shares shall vest on the fifth (5th) anniversary of the Date of ▇▇▇▇▇, provided the Participant is employed by (or if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date.

  • Upon any such forfeiture of Tranche A Shares, UHC shall promptly, but in no event later than three business days after such forfeiture, return the certificates representing the shares so forfeited to Parent for cancellation.


More Definitions of Tranche A Shares

Tranche A Shares has the meaning assigned to it in Section 3(a) hereof.
Tranche A Shares means the shares of Common Stock issuable at the Tranche A Closing.
Tranche A Shares and "Tranche B Shares". Subject to Section 2.1(d) hereof, Section 2.1(f) hereof, Section 2.1(g) hereof and Section 2.2(e) hereof, the Tranche A Shares shall be allocated as set forth on Schedule A to this Agreement and the Tranche B Shares shall be allocated as set forth on Schedule B to this Agreement.
Tranche A Shares means the 416,233 shares of Common Stock (equaling one-half of the Registrable Securities) issued to Stockholders pursuant to the Purchase Agreements.
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 Shares means 8,250,230 ordinary shares currently held by and registered in the name of the Vendor in the capital of the Company, representing approximately 0.56% of the total number of issued shares in the Company immediately prior to Tranche A Completion;
Tranche A Shares has the meaning given thereto in the Contribution Agreement.