Second Tranche Note definition

Second Tranche Note has the meaning set forth in Section 2.01(b).

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Second Tranche Note means the Senior Secured Convertible Note due, subject to the terms therein, 12 months from the date of issuance, issued by the Company to the Investor hereunder, in the form of Exhibit A attached hereto.

Second Tranche Note means the Senior Secured Convertible Note due, subject to the terms therein, 18 months from the date of issuance, issued by the Company to the Investor hereunder, in the form of Exhibit A attached hereto.

Examples of Second Tranche Note in a sentence

• The Closing shall occur remotely via the exchange of documents and signatures on or prior to the Closing Date, promptly following the satisfaction of all conditions for Closing set forth below and all conditions necessary to consummate the issuance of the Second Tranche Note (as defined in the Amended Note Purchase Agreement) pursuant to the Amended Note Purchase Agreement.

• The Second Tranche Notes Issuance shall consist of Second Tranche Notes simultaneously issued by the Issuer to each of the Second Tranche Purchasers in accordance with their respective Second Tranche Note Purchase Commitments.

• The Closing shall occur simultaneously with the issuance of the Second Tranche Note.

• The Second Tranche Note Purchase Commitments will be automatically and permanently reduced to zero upon the Second Tranche Notes Issuance pursuant to Section 2.01(b).

• The purchase price for the Second Tranche Note to be purchased by the Buyer at the Second Tranche Closing (the “Second Tranche Purchase Price”) shall be $1,350,000.

More Definitions of Second Tranche Note

Second Tranche Note means the convertible loan note in the form set out in Exhibit B to be issued by the Company on the Second Closing;

Second Tranche Note means a Note of the Company that shall be issued pursuant to the Base Indenture as provided in Section 2.10 and shall have such other terms set forth in Section 2.10, the designation of which Note shall be the phrase “Series C Senior Component Debentures, Tranche 2, due 2023”.

Second Tranche Note means a convertible promissory note of the Company, substantially in the form attached hereto as Exhibit A, having an aggregate principal amount equal to the Second Tranche Note Amount and an initial conversion price equal to the Second Tranche Conversion Price.

Second Tranche Note has the meaning set forth in Section 2.01(b). “Second Tranche Note Purchase Commitment” has the meaning set forth in Section 2.01(b). The aggregate principal amount of the Second Tranche Note Purchase Commitments of all of the Second

Second Tranche Note means up to $3,125,000 in principal Note issuable upon the Second Tranche Closing.

Second Tranche Note means the promissory note of the Borrower substantially in the form set forth in Schedule “E” issued by the Borrower to the Agent on behalf of the Lenders at the Second Funding Date and evidencing the advance of the Second Tranche by the Lenders to the Borrower.

Second Tranche Note means a secured senior subordinated note in the form attached as Exhibit E to the First Amendment.