GCH Transaction definition
GCH Transaction means: (a) the subscription for US$20,000,000 of Series B Preferred Stock of GCH pursuant to an investment agreement between GCH and 51st Parallel; (b) the execution of an investor rights agreement between GCH and 51st Parallel; and (c) the execution of an exclusive use agreement between GCH and 51st Parallel, to be completed prior to the Effective Time.