Tranche Investment definition

Tranche Investment means in relation to any Rate Tranche and any Purchaser the amount of such Purchaser’s Investment allocated by the related Purchaser Agent to such Rate Tranche pursuant to Section 2.1; provided, that at all times the aggregate amounts allocated to all Rate Tranches of all Purchasers shall equal Purchasers’ Total Investment; provided, further, that at all times the aggregate amounts allocated to all Rate Tranches of any Purchaser shall equal the aggregate Investment of such Purchaser.

Tranche Investment means in relation to any Rate Tranche and any Purchaser Group the amount of such Purchaser Group’s Purchaser Group Investment allocated by the related Purchaser Agent to such Rate Tranche pursuant to Section 2.1; provided that at all times the aggregate amounts allocated to all Rate Tranches of all Purchaser Groups shall equal the Total Investment; provided, further, that at all times the aggregate amounts allocated to all Rate Tranches of any Purchaser Group shall equal the aggregate Purchaser Group Investment of such Purchaser Group.

Tranche Investment means in relation to any Rate Tranche in respect of a Receivable Pool and any Purchaser the amount of such Purchaser’s Investment allocated by the related Purchaser Agent to such Rate Tranche pursuant to Section 2.1; provided, that at all times the aggregate amounts allocated to all Rate Tranches of all Purchasers in respect of a Receivable Pool shall equal the Purchasers’ Pool Investment in respect of such Receivable Pool; provided, further, that at all times the aggregate amounts allocated to all Rate Tranches in respect of a Receivable Pool of any Purchaser shall equal the aggregate Investment of such Purchaser in respect of such Receivable Pool.

Examples of Tranche Investment in a sentence

• Section 2.1Selection, Dividing or Combining of Asset Tranches 8 Section 2.2Computation of Invested Amount and Purchaser Group’s Tranche Investment 8 Section 2.3Computation of Concentration Limits and Unpaid Balance 9 Section 2.4Computation of Earned Discount 9 Section 2.5Estimates of Earned Discount Rate, Fees, etc 9 Article III.

• Investor shall have delivered the Second Tranche Investment in accordance with Sections 1(a) and 1(d) hereof.

• Upon closing of the First Tranche Investment contemplated by the Purchase Agreement, the restrictions set forth in Section 6 of that certain Confidentiality Agreement, dated as of March 7, 2022, by and between the Company and Patient Square Capital, L.P. (the “Confidentiality Agreement”), shall terminate and cease to apply.

• Notwithstanding anything to the contrary in this Agreement, RTW hereby agree that RTW’s right to consummate the Second Tranche Investment and purchase shares of Stock pursuant to this Section 1.4 shall not be assignable except to an affiliate or limited partner of RTW, and any attempted assignment by RTW shall be void.

• The exercise price for the Third Tranche Investment shall be as specified in the Warrant Agreement.

• Davix Xxxxxx, Xxthorized Signatory Second Tranche Investment: $150,000 Address: Tashdale Ltd.

• The closing of the Second Tranche Investment shall occur two business days following the satisfaction or waiver of each of the conditions set forth in Section 5 and Section 6 hereof (the "Second Tranche Closing Date").

• Computation of Purchaser's Total Investment and Purchaser's Tranche Investment.......................

• The Administrator, on Transferee's behalf, shall notify Servicer (and, if WestPoint is not Servicer, Transferor) from time to time of the Transferee's Tranche Investment of each Asset Tranche, the Earned Discount Rate applicable to each Asset Tranche funded by a Liquidity Funding and the rates at which fees and other amounts are accruing hereunder.

• On the date hereof, Target shall have consummated a private placement of its common stock, raising gross proceeds of $320,000 and obligating the investors therein to invest (the "Second Tranche Investment") an additional $180,000 upon finding commercial quantities of oil and gas in at least one of the first two test wells as provided in Section 6.5 and the schedule thereto.