Examples of Tranche 2 Shares in a sentence

Based on the Tranche 2 Shares to be issued to OICL pursuant to the Subscription Agreement, plus 11,877,821 Class B ordinary shares which would be received upon conversion of the Class A ordinary shares beneficially held by Saldivar.
The Tranche 2 Shares shall vest upon the achievement of a Qualifying Return to Investor, provided that the Grantee’s Employment continues through such time.
As of each Closing Date, the Tranche 1 Shares or the Tranche 2 Shares, as the case may be, will be duly and validly authorized and, when issued and delivered to the Subscriber in accordance with the terms of this Agreement, the Tranche 1 Shares or the Tranche 2 Shares, as the case may be, will be validly issued, fully paid and non-assessable and will not have been issued in violation of or subject to any statutory or contractual preemptive or similar rights.
Resolution 3 seeks Shareholder approval for the purposes of Listing Rule 7.1 for the issue of the Tranche 2 Shares.
One such example is Rambus HCE Ticketing [13], which uses tokenization and a connection to a cloud-storage server to guarantee that cards are not exploited locally on the device and to authenticate operations.

More Definitions of Tranche 2 Shares

Tranche 2 Shares means a number of Common Shares equal to the Tranche 2 Purchase Price divided by the volume weighted average trading price of Common Shares on the New York Stock Exchange for the 5-trading days ending immediately prior to April 29, 2022. The Tranche 1 Shares and Tranche 2 Shares, in each case, when issued by the Company as contemplated by this Section 1(a) are referred to herein collectively as the “Acquired Shares”.

Tranche 2 Shares means such number of shares of Preferred Stock as shall equal (x) $150,000, divided by (y) the Tranche 1 Shares and Tranche 2 Shares Exercise Price in effect from time to time; and (iii) “Tranche 3 Shares” means such number of shares of Preferred Stock as shall equal (i) $150,000, divided by (y) the Tranche 3 Shares Exercise Price in effect from time to time; in all cases subject to adjustment from time to time in accordance with the provisions of this Warrant.

Tranche 2 Shares shall have the meaning set forth in the Securities Purchase Agreement.

Tranche 2 Shares means the up to 1,010,000 shares of Series F Preferred constituting the Acquiror Convertible Preferred Stock Tranche 2, as such term is defined in the Side Letter.

Tranche 2 Shares has the meaning set forth in Section 3.1(c)(ii)(B).

Tranche 2 Shares has the meaning set forth in the Recitals.

Tranche 2 Shares means the shares in the Company listed opposite its name in Schedule 1 (List of Shares) as Collateral Shares for the Secured Liabilities under Tranche 2 Debentures.