Tranche II Shares definition

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

Examples of Tranche II Shares in a sentence

  • The Purchaser hereby agrees that, until such time as the proceeds of sale of the Tranche II Shares amounting to the sum of $225,000 are paid for in full at the Company’s direction, the Purchaser and any Affiliate (as that term is defined under Rule 405 under the Securities Act) shall not, directly or indirectly sell, offer to sell, contract to sell (including, without limitation, any short sale), grant any option to purchase or otherwise transfer or dispose of any securities of the Company.

  • On 27 September 2021, before the share capital reduction was registered, the extraordinary general meeting of the Company passed the following resolution to grant the board authorization to increase the share capital of the Company in connection with the Tranche II Shares: ***1.

  • The release of the Tranche II Shares from Escrow (each, a "Tranche II Closing") shall occur at Category 5's offices in Salt Lake City, Utah, on the 30th day following confirmation by Category 5 that Flash has met the conditions set forth in Section 1.2(ii) above and in the Escrow Agreement for release of the Tranche II Shares.

  • PRPL, the Company and Westcon has settled the remaining amount to be covered by a 3% allocation of shares to Westcon in the Company pursuant to the Tranche II Shares.

  • The old procedure focuses on cost minimization by the trade-off between setup and holding costs, while the new procedure will now be formulated which explicitly includes the marginal contribution of each grade.

  • At the Closing, Category 5 shall deliver to a third-party escrow agent (the "Escrow Agent") satisfactory to both parties the remaining 1,500,000 Category 5 Shares (the "Tranche II Shares"), to be released pursuant to the terms of an escrow agreement ("Escrow Agreement") among Category 5, the Company and Sellers in substantially the form attached hereto as Exhibit A.

  • 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).

  • Hrozby 4.4.3.4.1 Ekonomická recese Ekonomická recese vnáší nejistotu do budoucího vývoje.

  • As of March 1, 2008 the Company had no outstanding balance on this credit line.

  • The building shall comply with all of the provisions of the FEMA National Flood Insurance Program or FEMA Coastal Construction Manual, as appropriate.


More Definitions of Tranche II Shares

Tranche II Shares have the respective meanings ascribed to those terms in Clause 2.1.
Tranche II Shares shall have the meaning assigned to it in the preamble.

Related to Tranche II 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.

  • Tranche 2 has the meaning set forth in Section 2.2(a)(ii).

  • Tranche 1 January 1, 2015 through December 31, 2015, which is allotted 25% of the Target Award,

  • 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.

  • 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.

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

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

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

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

  • 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 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.

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

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

  • First Tranche means the amount of the Loan allocated to the category entitled “First Tranche” in the table set forth in Part B of Section II of Schedule 1 to this Agreement.

  • Tranche B has the meaning assigned in Section 2.1(c)(i).

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

  • Class A Stock means the Company's Class A Common Stock, par value $0.01 per share.

  • Second Tranche means the amount of the Financing allocated to the category entitled “Second Tranche” in the table set forth in Part B of Section II of Schedule 1 to this Agreement.

  • Shares Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) under the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such; provided that, if such Person is determined not to have become an Acquiring Person pursuant to Section 1(a) hereof, then no Shares Acquisition Date shall be deemed to have occurred.

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

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

  • Tranche the collective reference to Eurodollar Loans the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

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