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.

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Tranche Purchase Price has the meaning set forth in the Purchase Agreement.

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).

Examples of Tranche Purchase Price in a sentence

Investor shall not be obligated to purchase any additional Tranche Shares once the aggregate Tranche Purchase Price paid by Investor equals the Maximum Placement.
The payment of the Tranche Purchase Price referenced in clause (ii) shall be deemed to have been delivered at the Closing for the purposes hereof.
The closing (each a “Tranche Closing”) for each Tranche shall occur on the date that both (i) the Company has delivered to Investor all Required Tranche Documents, and (ii) Investor has delivered to the Company the Tranche Purchase Price.
On or before each Tranche Closing Date, Investor shall pay to the Company the Tranche Purchase Price to be paid for such Tranche Shares by wire transfer of immediately available funds to an account designated by the Company prior to the applicable Tranche Closing Date.
The Buyer shall have delivered the First Tranche Purchase Price in accordance with Section 1(b) above.

More Definitions of Tranche Purchase Price

Tranche Purchase Price means any of the Initial Tranche Purchase Price, Subsequent Tranche Purchase Price and Final Tranche Purchase Price, as applicable.

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 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 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 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 one of the following: