Tranche B Shares means the Shares to be issued to the Allottee pursuant to Sections 2.2(a)(ii) or 2.2(b)(ii) of this Agreement, subject to the adjustment (if applicable) set forth in Section 2.7 of this Agreement.

Tranche B Shares shall have the meaning assigned to such term in the Purchase Agreement.

Examples of Tranche B Shares in a sentence

This picture means that it cannot be precisely said that there is a specific integration policy which causes radicalization the most or the least.
The fair value of the Tranche B Shares was recorded as a debt discount of $65,347 and is amortized to interest expense over the term of the loan using the straight-line method.
The fair value of the Tranche B Shares was determined by using the Black-Scholes option-pricing model, with the following assumptions: (i) no expected dividends; (ii) a risk-free interest rate of 1.38%; (iii) expected volatility of 55.0%; and (iv) an expected life of the warrants of 7.0 years.
If no Tranche B Shares became Vested Shares on a Determination Date, then there will be 469,965 Tranche B Shortfall Shares with respect to the Determination Date in question.
Fifty percent (50%) of the Tranche B Shares shall vest on the first date, if any, that the Total Enterprise Value equals or exceeds the Second TEV Threshold, 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.

More Definitions of Tranche B Shares

Tranche B Shares has the meaning set forth in Section 1(b).

Tranche B Shares means a number of shares of Common Stock equal to a quotient, the numerator of which shall be an amount equal to $1,000,000.00 and the denominator of which shall be an amount equal to the average closing price per share of Common Stock for the thirty (30) consecutive trading days immediately preceding the day of the Tranche B Closing less a 25% discount.

Tranche B Shares has the meaning assigned to it in Section 4(b) hereof.

Tranche B Shares has the meaning given thereto in the Contribution Agreement.

Tranche B Shares means the 416,232 shares of Common Stock (equaling the remaining one-half of the Registrable Securities) issued to Stockholders pursuant to the Purchase Agreements.

Tranche B Shares means 8,102,904 ordinary shares currently held by and registered in the name of the Vendor in the capital of the Company, representing approximately 0.55% of the total number of issued shares in the Company immediately prior to Tranche A Completion;

Tranche B Shares means the shares of Common Stock issuable at the Tranche B Closing.