Tranche Purchase Price definition

Tranche Purchase Price has the meaning set forth in Section 2.3(b), and shall be specified in writing by the Company.
Tranche Purchase Price has the meaning set forth in the Purchase Agreement.
Tranche Purchase Price means any of the Initial Tranche Purchase Price, Subsequent Tranche Purchase Price and Final Tranche Purchase Price, as applicable.

Examples of Tranche Purchase Price in a sentence

  • For example, if the Tranche Purchase Price is$1,000,000 and the Closing Bid Price is $0.20, then the number of Warrant Shares underlying that Warrant Tranche shall be $1,000,000 x 135% = $1,350,000 divided by $0.20 = 6,750,000 shares of Common Stock.

  • In the event that the sum of the aggregate Tranche Purchase Price for all Tranche Shares reaches the Maximum Placement under the Stock Purchase Agreement, any portion of this Warrant that remains unvested on such Termination Date shall automatically be cancelled with no further action of the Company or the Holder effective as of such Termination Date.

  • At the Second Tranche Closing, the Buyer shall deliver the Second Tranche Purchase Price to the Company via wire transfer or ACH payment to an account as designated by the Company.

  • It is currently being negociated and a credit renewal for further €120m is expected.

  • At the First Tranche Closing, the Buyer shall deliver the First Tranche Purchase Price to the Company via wire transfer or “Automated Clearing House” payment (“ACH”) to an account as designated by the Company.


More Definitions of Tranche Purchase Price

Tranche Purchase Price means, with respect to any Tranche Purchase made pursuant to Section 2(d) hereof, the lower of: (i) the lowest Sale Price on the Tranche Purchase Date and (ii) the arithmetic average of the three (3) lowest Closing Sale Prices for the Common Stock during the ten (10) consecutive Business Days ending on the Business Day immediately preceding the Tranche Purchase Date (in each case, to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split or other similar transaction that occurs on or after the date of this Agreement).
Tranche Purchase Price means shares equal in dollar amount to 100% of the Tranche Amount at a price equal to the closing bid price of the Company’s Common Stock on the date immediately preceding the Tranche Notice Date.
Tranche Purchase Price means, with respect to the Tranche Purchase made pursuant to Section 2(d) hereof, the lower of: (i) the lowest Sale Price on the Tranche Purchase Date and (ii) the arithmetic average of the three (3) lowest Closing Sale Prices for the Common Stock during the ten (10) consecutive Business Days ending on the Business Day immediately preceding the Tranche Purchase Date (in each case, to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split or other similar transaction that occurs on or after the date of this Agreement).
Tranche Purchase Price means, with respect to a Tranche Purchase pursuant to Section 2(d) hereof, 95% of the lower of: (i) the lowest Sale Price of the Common Stock on a Tranche Purchase Date and (ii) the arithmetic average of the three (3) lowest Closing Sale Prices for the Common Stock during the ten (10) consecutive Business Days ending on the Business Day immediately preceding a Tranche Purchase Date (in each case, to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction that occurs on or after the date of this Agreement).
Tranche Purchase Price means, with respect to any Tranche Purchase made pursuant to Section 2(d) hereof, the lower of: (i) $5.50 per share and (ii) ninety-six percent (96%) of the lower of (A) the lowest Sale Price on the Tranche Purchase Date and (B) the arithmetic average of the three (3) lowest Closing Sale Prices for the Common Stock during the ten (10) consecutive Business Days ending on the Business Day immediately preceding the Tranche Purchase Date (in each case, to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split or other similar transaction that occurs on or after the date of this Agreement).
Tranche Purchase Price has the meaning set forth in Section 2.3(b) and shall be specified in writing by the Company, and shall not exceed the average daily Trading Volume of the Company’s Common Stock on Trading Market during the Pricing Period.
Tranche Purchase Price means, with respect to the Tranche Purchase made pursuant to Section 2(e) hereof, as applicable, $4.50 per share (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split or other similar transaction that occurs on or after the date of this Agreement).