Tranche Shares definition

Tranche Shares means the Preferred Shares that are purchased by Investor pursuant to a Tranche. For the Maximum Placement, the Company shall issue 500 Preferred Shares to Investor.

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Tranche Shares means the shares of Common Stock that are purchased by Investor pursuant to a Tranche. “Transaction Documents” include this Agreement and the Exhibits hereto and thereto.

Tranche Shares means, as of the relevant time of reference thereto, those shares of Series D Preferred Stock sold by the Company, and purchased by Purchasers, prior to such time pursuant to Section 1.1(b), Section 1.1(c) and/or Section 1.1(d) hereof, as applicable.

Examples of Tranche Shares 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.
Subject to the prior satisfaction of all conditions set forth in this Agreement, following the Investor’s receipt of a validly delivered Tranche Notice, the Investor shall be required to purchase from the Company a number of Tranche Shares equal to the permitted Tranche Share Amount, in the manner described below.
Subject to the prior satisfaction of all conditions set forth in this Agreement, following Investor’s receipt of a validly delivered Tranche Notice, Investor shall be required to purchase from the Company a number of Tranche Shares equal to the permitted Tranche Share Amount, in the manner described below.
Provided that all closing conditions for the First Tranche Closing (as defined in the Equity Agreements) that are within the reasonable control of Intrexon have been satisfied or waived, the issuance of the First Tranche Shares (as defined in the Equity Agreements) is a condition subsequent to the effectiveness of this Agreement.
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.
For the purposes of Section 4.4 of the Second Tranche Agreement, ▇▇▇▇▇▇ shall reasonably cooperate with the Company in the Company’s efforts to solicit or cause to be solicited from the Company’s stockholders proxies in favor of the issuance of the Second Tranche Shares in accordance with the Second Tranche Agreement and to secure the Requisite Stockholder Approval.
The Election Notice shall specify the Tranche or Tranches with respect to which the election is being made and the date on which the closing of the sale and purchase of the Tranche Shares shall occur; provided, such date shall be a business day and shall not be earlier than five days after the date such Election Notice is given to the Purchaser.
Subject to the immediately preceding sentence, the Company may elect to sell Tranche Shares included in more than one Tranche at the same time.
Simultaneously, the Indian Escrow Agent shall release the Second Tranche Shares to the Purchaser.
On or before each Tranche Closing Date, Investor shall deliver to the Company the Tranche Purchase Price to be paid for such Tranche Shares.

More Definitions of Tranche Shares

Tranche Shares. In respect of a Tranche, a number of Shares equal to the number of Options exercised;

Tranche Shares means the Shares issued or issuable by the Company to the Investor in relation to a Tranche.

Tranche Shares means in consideration for each Purchase Notice and upon Closings of such Purchase Notices, the Company will issue the Investor additional shares of restricted common stock with no registration rights. Each Tranche Share issuance will be calculated by 10% of each Purchase Notice dollar amount divided by the Purchase Price.

Tranche Shares means the Ordinary Shares issued to the Investor on monthly basis during the term of the Bergen Agreement, in consideration for the Investor making a monthly pre-payment for those Ordinary Shares at the beginning of the relevant month;

Tranche Shares means the Shares held by the Sellers at the Second Tranche Effective Date.

Tranche Shares means, with respect to a Tranche Period, the number of shares of Common Stock which Buyer is required to purchase from the Company as specified in Section 2.3(c) with respect to the Trading Days comprising such Tranche Period based on the Purchase Price applicable on each Trading Day comprising such Tranche Period.