Tranche II definition

Tranche II means the advances pursuant to Section 2.1(a)(ii).
Tranche II is defined in Section 2.1.2(a).
Tranche II means one (1) term loan in the principal amount equal to Five Million Dollars ($5,000,000). ​

Examples of Tranche II in a sentence

  • On such basis, the amended target profit of HK$40,000,000 under the Agreement (as supplemented by the Supplemental Agreement) was not achieved and the principal amount of the Tranche II Convertible Bonds in the principal amount of HK$50,000,000 was adjusted to HK$0.

  • Tranche I is exercisable in accordance with its terms through February 23, 2026 and Tranche II is exercisable in accordance with its terms through February 23, 2027.

  • Tranche I, when fully vested, will give Amazon a right to purchase up to an aggregate of 1.59 million shares and Tranche II will give a right to purchase an aggregate of 0.8 million shares.

  • Zhongtou Zhanlu Fund Tranche II has completed industrial and commercial registration and filing and registration as a private equity investment fund.

  • The initial fair value of the warrants of $72.6 issued to Amazon on August 23, 2019 was recorded as stock warrant obligations, having a fair value of $32.67 per warrant for Tranche I and $25.81 per warrant for Tranche II.


More Definitions of Tranche II

Tranche II means a Term Loan in principal amount of $20,000,000.
Tranche II means a Term Loan in principal amount of $8,000,000.
Tranche II means such portion of the B Loan, in an aggregate principal amount of up to fifty million Dollars ($50,000,000).
Tranche II is a portion of the total amount of the Facility in the amount of $75,000,000.
Tranche II means Four Million Five Hundred Thousand Dollars ($4,500,000) of the Term Loan. All personal property of Borrower (herein referred to as “Borrower” or “Debtor”) whether presently existing or hereafter created or acquired, and wherever located, including, but not limited to:
Tranche II means an amount of USD 25,000,000 for the purpose set out in Clause 3.1 b).
Tranche II has the meaning given it in Section 2.1.