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.
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2

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.

  • The Directors nevertheless retain the right to declare dividends in respect of such net investment income on a Fund’s investments attributable to the Accumulation Tranche Shares in their sole discretion.

  • The effect is that income is distributed to Shareholders in proportion to the duration of their ownership of the Distribution Tranche Shares in the relevant distribution period.

  • Accumulation Tranche Shares The Directors do not currently intend to declare any dividends in respect of the Accumulation Tranche Shares.

  • Upon the declaration of any dividends to the holders of Shares of a Fund, the Net Asset Value per Share of the Distribution Tranche Shares of the relevant Fund will be reduced by the amount of such dividends.

  • Accordingly, net investment income on a Fund’s investments attributable to the Accumulation Tranche Shares is expected to be retained by the relevant Fund, which will result in an increase in the Net Asset Value per Share of the Accumulation Tranche Shares.

  • The amount of equalisation is averaged across all the Shareholders of the relevant Distribution Tranche Shares and is refunded to them as part of the first dividend after their purchase of the relevant Distribution Tranche Shares.

  • Shareholders of Distribution Tranche Shares who redeem their Shares will receive an amount which will include the income accrued to the date of redemption and which may be treated as income for tax purposes, subject to the tax rules in the country where a Shareholder pays tax.

  • A Shareholder who has purchased Distribution Tranche Shares during a distribution period will receive a dividend made up of (a) income which has accrued from the date of purchase; and (b) capital which represents the return of the equalisation element calculated by the Administrator on behalf of the Fund.

  • Investors should note that, unless otherwise specified in a Supplement applicable to a particular Fund, both Distribution Tranche Shares and Accumulation Tranche Shares are available in respect of each Fund.


More Definitions of Tranche Shares

Tranche Shares means the Shares issued or issuable by the Company to the Investor in relation to a Tranche.
Sample 1
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.
Sample 1
Tranche Shares means the Shares held by the Sellers at the Second Tranche Effective Date.
Sample 1
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.
Sample 1
Tranche Shares. In respect of a Tranche, a number of Shares equal to the number of Options exercised;
Sample 1
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;
Sample 1

Related to Tranche 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.

  • 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.

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

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

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

  • 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.

  • 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.

  • Commitment Shares shall have the meaning set forth in Section 12.04.

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

  • Purchase Shares has the meaning set forth in Section 2.2(a) hereof.

  • 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.

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Share Purchase has the meaning set out in Section 2.1.

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

  • Tranche 2 means the amount of [**] to be applied in payment of the third pre-delivery instalment due by the Borrower to the Builder under the Building Contract to be advanced by the Lenders on a Drawdown Date by way of their Contributions thereto;

  • 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.

  • Remaining Shares has the meaning set forth in Section 4.1.2.

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

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

  • Purchaser Common Stock means the common stock, par value $0.01 per share, of Purchaser.

  • Class A Shares means Class A ordinary shares, par value US$0.0001 per share, in the share capital of the Company.

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Unsubscribed Shares means the Rights Offering Shares that have not been duly purchased by the Rights Offering Participants in accordance with the Rights Offering Procedures and the Plan.

  • Additional Loans Purchase Price means the dollar amount representing the aggregate purchase price of the related Additional Loans as specified in the applicable Additional Purchase Agreement (which, with respect to any Additional Loan purchased with funds on deposit in the Supplemental Purchase Account, will be equal to 100% of the aggregate principal balance of such Additional Loan, plus accrued interest to be capitalized).

  • Advance Shares means the Common Shares that the Company shall issue and sell to the Investor pursuant to the terms of this Agreement.

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.