Tranche I Shares definition

Tranche I Shares means the Warrant Shares (as adjusted in accordance with Section 4 herein) to be issued in accordance with Section 2.3(a) hereof.
Tranche I Shares has the meaning given in Section 2.1;
Tranche I Shares shall have the meaning ascribed thereto in the Recitals.

Examples of Tranche I Shares in a sentence

  • Tranche I Shares With the exception of the Barings U.S. High Yield Bond Component Fund, the Tranche I Shares of the Funds are available to distributors rendering portfolio management and/or investment advice on an independent basis (for distributors which are incorporated in the European Union those services as defined by MiFID), and distributors providing non-independent advice who have agreed with their clients not to receive and retain any commissions.

  • Tranche I Shares The Tranche I Shares of the Funds are available to distributors rendering portfolio management and/or investment advice on an independent basis (for distributors which are incorporated in the European Union those services as defined by MiFID), and distributors providing non-independent advice who have agreed with their clients not to receive and retain any commissions.

  • Moreover, the Promoters of the Target Company do not hold any control of the management of the Target Company as the board of directors of the Target Company has been reconstituted by the Acquirer and post the acquisition of Tranche I Shares by the Acquirers, the shareholding of the Promoters has fallen below 10% of the paid up capital of the Target Company.

  • Purchaser acknowledges that the Company would not have an adequate remedy at law for money damages in the event that this covenant were not performed in accordance with its terms and therefore Purchaser agrees that the Company shall be entitled to (i) specific enforcement of the terms hereof; (ii) the immediate rescission or cancellation of the Tranche I Shares; and (iii) any other remedy to which it may be entitled, at law or in equity.

  • The Tranche I Shares will be registered in the Norwegian Register of Business Enterprises on or around 17 December 2021, following which the Company’s share capital will be increased with minimum EUR 500,000,000 and maximum EUR 1,500,000,000, from EUR 4,399,349.9 to minimum EUR 504,399,349.90 and maximum EUR 1,504,399,349.90 through issuance of minimum 5,000,000,000 and maximum 15,000,000,000 new shares, each with a nominal value of EUR 0.05.

  • Within 90 days following the last day of the Tranche III Vesting Date, Buyer shall deliver and convey to Seller 90,024 shares of Company Common Stock (subject to proportionate adjustment for stock splits, stock dividends, stock combinations and similar events after the Sale Closing Date) (the “Tranche III Shares” and, collectively with the Tranche I Shares and the Tranche II Shares, the “Tranche Shares”), free and clear of all Encumbrances (other than any Encumbrance created by Seller).

  • To: 'The Company's share capital is EUR 4,399,349.9, divided on 87,986,998 shares, each with a nominal value of EUR 0.05' On 27 September 2021, before the share capital reduction was registered, the extraordinary general meeting of the Company passed the following resolution to increase the share capital of the Company in connection with the Tranche I Shares: ***3.

  • Each Investor a party to this Agreement on the One-Year Anniversary shall receive that number of the Tranche I Shares that is equal to such Investor’s Applicable Commitment Percentage multiplied by the aggregate number of Tranche I Shares issuable by the Corporation pursuant to this clause (a).

  • Tranche I Shares ACTIVE/118905138The Tranche I Shares of the Funds are available to distributors rendering portfolio management and/or investment advice on an independent basis (for distributors which are incorporated in the European Union those services as defined by MiFID), and distributors providing non-independent advice who have agreed with their clients not to receive and retain any commissions.

  • At the Closing, Category shall deliver to Sellers, in exchange for all of the Interests, 500,000 Category 5 Shares (the "Tranche I Shares").


More Definitions of Tranche I Shares

Tranche I Shares shall have the meaning provided in Section 2.1(a).
Tranche I Shares and "Tranche II Shares" have the respective meanings ascribed to those terms in Clause 2.1.
Tranche I Shares shall have the meaning assigned to it in the preamble.
Tranche I Shares has the meaning set forth in Section 1.1 of this Agreement.

Related to Tranche I Shares

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

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

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

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

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

  • 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.

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

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

  • Remaining Shares has the meaning set forth in Section 4.1.2.

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

  • ASA Shares has the meaning set forth in 2.4(a).

  • 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.

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

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

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

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

  • Unsubscribed Shares means the Rights Offering Shares that have not been duly purchased by the Rights Offering Participants in accordance with the Rights Offering Procedures and the Plan.

  • Qualifying Warrants means net share settled warrants to purchase Common Stock that have an exercise price greater than the current Market Value of the issuer’s Common Stock as of their date of issuance, that do not entitle the issuer to redeem for cash and the holders of such warrants are not entitled to require the issuer to repurchase for cash in any circumstance.

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

  • 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 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).