Examples of Tranche 1 Purchase Price in a sentence
The total of the Tranche 1 Purchase Price and the Tranche 2 Purchase Price is $299,819,368.00 (the “Purchase Price”).
At and immediately prior to the Initial Closing, the Subscriber will have cash and equity capital commitments in excess of the sum of the Tranche 1 Purchase Price and Tranche 2 Purchase Price.
Buyer shall pay to Sellers, by depositing with Escrowholder, in cash or other immediately payable funds, the Tranche 1 Purchase Price at the Tranche 1 Closing (as hereinafter defined), less the Tranche 1 Xxxxxxx Money (plus the accrued interest thereon) held by Escrowholder, plus costs to be paid by Buyer for such Tranche 1 Properties pursuant to Section 7.4 hereof, and plus or minus prorations and adjustments shown on the Closing Statements executed by Buyer and Sellers for such Tranche 1 Properties.
At the First Closing and the Second Closing, the Corporation and the Investor shall each execute and deliver a cross receipt acknowledging the receipt of the Tranche 1 Purchase Price and the Tranche 2 Purchase Price, respectively, and the Preferred Stock, respectively.
At or before the Tranche 1 Closing, the Investor shall deliver to the Company the Aggregate Tranche 1 Purchase Price (less such amounts previously deposited by the Investor with the Company) by wire transfer in immediately available funds to an account specified by the Company in writing no less than two (2) business days prior to the Tranche 1 Closing.
At each Closing, the net proceeds of the Financing, when funded in accordance with the terms and conditions of the Equity Commitment Letter, shall provide the Investor with cash proceeds on each such Closing sufficient to pay, (i) as applicable, the Tranche 1 Purchase Price or the Trache 2 Purchase Price and (ii) any and all fees and expenses required to be paid by the Investor at such Closing in connection with the consummation of the Transactions.
Subject to the terms and conditions set forth herein, the Corporation agrees to sell to the Investor, and the Investor agrees to purchase from the Corporation, the number of shares of Preferred Stock and Warrants set forth on Schedule 1.1, at the purchase prices set forth therein (the "Tranche 1 Purchase Price" and the "Tranche 2 Purchase Price", respectively; collectively, the "Purchase Price").
The Note Purchase Agreement and the Notes shall be in full force and effect, and the Company shall have received the Tranche 1 Purchase Price and the Tranche 2 Purchase Price (each as defined in the Note Purchase Agreement).
On each applicable Closing Date, the Purchaser will have at the applicable Closing all immediately available funds necessary to consummate the Tranche 1 Purchase, Tranche 2 Purchase or Tranche 3 Purchase, as applicable, and pay the Tranche 1 Purchase Price, Tranche 2 Purchase Price or Tranche 3 Purchase Price, as applicable, for the Tranche 1 Securities, Tranche 2 Securities or Tranche 3 Securities, as applicable, to be acquired hereunder on the terms contemplated by this Agreement at such Closing.
The Tranche 1 Purchase Price shall be payable by the Investor to the Corporation in immediately available funds on the First Closing Date (as defined hereinafter).