Tranche C Shares definition

Tranche C Shares means the Shares to be issued to the Allottee pursuant to Sections 2.2(a)(iii), 2.2(b)(iii) or 2.2(c)(iii) of this Agreement, subject to the adjustment (if applicable) set forth in Section 2.7 of this Agreement.
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Tranche C Shares means a number of shares of Common Stock equal to a quotient, the numerator of which shall be an amount up 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 C Closing less a 25% discount.
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Tranche C Shares means the Shares (if any) to be subscribed by the Subscriber pursuant to Section 2.2(a)(iii) of this Agreement.
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Examples of Tranche C 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.

  • Reorganized CWOP may elect to exercise either of the New Tranche B and Tranche C Property Appreciation Rights on a net issue or "cashless basis" by surrendering a portion of the Tranche B Shares or Tranche C Shares, as the case may be, in payment of the applicable exercise price.

  • The Company shall have delivered Underlying Shares upon conversion of the Tranche C Shares or exercise of the Tranche C Warrant and otherwise performed its obligations in accordance with the terms, conditions and timing requirements of the Series A Certificate of Designation and the other Transaction Documents.

  • 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 Allottees as contemplated hereunder only if there is a successful IPO.

  • Except the provisions in Articles 8.1 and 8.2 hereof, within the period when the Subscriber holds the Tranche A Shares and Tranche C Shares, the Subscriber shall have all the rights for the ordinary share shareholders of the Company with respect to such Shares, including, but not limited to right of dividends.

  • In cases of share issues, the Company shall deliver the share certificate for the Tranche A Shares, Tranche B Shares and Tranche C Shares to the Subscriber within ten Business Days after the Tranche A Completion, Tranche B Completion and Tranche C Completion, respectively.

  • The Investment will be evidenced by a Subscription Agreement for Tranche C Shares executed concurrently with this letter agreement.

  • Unless otherwise waived in writing by the Subscriber, at Tranche A Completion, Tranche B Completion and Tranche C Completion, the Company agrees (as the case may be) to: make the Cash Payment or fax an instruction to the Company’s registered agent to issue the Tranche A Shares, Tranche B Shares and Tranche C Shares to the Subscriber together with the Company’s board resolutions approving the respective issue.


More Definitions of Tranche C Shares

Tranche C Shares has the meaning ascribed to it in the Investor Rights Agreement.
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Related to Tranche C Shares

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class C Shares means the shares of Class C common stock of the Company.

  • 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.

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class B Common Shares means (x) the Company’s Class B Common shares, $0.002 par value per share, the terms of which may be designated by the board of directors of the Company in a certificate of designations and (y) any share capital into which such preferred shares shall have been changed or any share capital resulting from a reclassification of such preferred shares (other than a conversion of such preferred shares into Common Shares in accordance with the terms of such certificate of designations).

  • Class A Common Shares means shares of the Class A Common Stock, par value $.01 per share, of the Company.

  • Class A Shares means Class A ordinary shares, par value US$0.0001 per share, in the share capital of the Company.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Class A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Class A Ordinary Share Value means, as of the close of business on the day preceding the date, the volume weighted average trading price of the Class A Ordinary Shares on all trading platforms or trading systems on which the Class A Ordinary Shares are being traded over the forty-five (45) trading days then ended, provided, that if the total aggregate trading volume over such 45-trading-day period is less than 5% of the public float, such period shall be extended to the ninety (90) trading days then ended, provided, further, if the total aggregate trading volume over such 90-trading-day period is less than 5% of the public float, the holder of the Class B Ordinary Shares shall request that the Board obtain an appraisal of the value of the Class A Ordinary Shares from one or more independent nationally-recognized third party appraisal companies and such appraisal shall constitute the Class A Ordinary Share Value.

  • Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class B Ordinary Share and having the rights provided for in these Articles;

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

  • Class D Common Stock means the Class D Common Stock, par value $0.01 per share, of the Company.

  • Series C Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series C, of the Company.

  • Commitment Shares shall have the meaning set forth in Section 12.04.

  • Accelerated Purchase Share Percentage means, with respect to an Accelerated Purchase made pursuant to Section 2(b) hereof, thirty percent (30%).

  • Class A Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class A Ordinary Shares and having the rights provided for in these Articles;

  • Company Outstanding Shares means the total number of shares of Company Common Stock outstanding immediately prior to the Effective Time, expressed on a fully-diluted and as-converted to Company Common Stock basis.

  • Class C Ordinary Share shall have the meaning ascribed to it in Section 2.4(a).

  • Series B Common Stock means the Series B Common Stock, par value $0.01 per share, of the Company.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of the Company.