Tranche Amount definition

Tranche Amount means the amount of any individual purchase of Preferred Shares under this Agreement, as specified by the Company, and shall not exceed the Maximum Tranche Amount.

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Tranche Amount means, on any date, the principal amount of Notes outstanding on such date;

Tranche Amount means $64,253,892.38;

Examples of Tranche Amount in a sentence

• At the Tranche Closing, Company will sell to Investor [___________] Preferred Shares at $10,000.00 per share for a Tranche Amount of $[___________].

• On each Tranche Notice Date, that portion of the Warrant equal to 135% of the Tranche Amount shall vest and become exercisable, and such vested portion may be exercised at any time on or after such Tranche Notice Date.

• Subject to the Maximum Tranche Amount, the Maximum Placement and the other conditions and limitations set forth in this Agreement, at any time beginning on the effective date of the Registration Statement, the Company may, in its sole and absolute discretion, elect to exercise one or more individual purchases of Preferred Shares under this Agreement (each a “Tranche”) according to the following procedure.

• On each Tranche Notice Date, that portion of the Warrant equal to 35% of the Tranche Amount shall vest and become exercisable, and shall be automatically exercised, at the price per share set forth in the Warrant, all as more fully set forth in the Warrant.

• No continuation or conversion shall be permitted if such continuation or conversion would cause the aggregate outstanding principal amount of any LIBOR Tranche which would remain outstanding or the aggregate outstanding principal amount of all Prime Rate Tranches which would remain outstanding to be less than the Minimum Tranche Amount.

More Definitions of Tranche Amount

Tranche Amount means that portion of the Debt that has been purchased by the Creditor, as identified in a Tranche Notice, the settlement of which forms the basis of the calculation of the Settlement Shares issued in such Tranche.

Tranche Amount means, in respect of:

Tranche Amount means the amount of any individual tranche purchase, as specified by the Company, and shall not exceed the Maximum Tranche

Tranche Amount means the amount of any individual put purchase, as specified by the Company, and shall not exceed the Maximum Placement.

Tranche Amount means, for each Tranche Date, the number of Common Shares added to such Transaction on such date multiplied by the Tranche Price Per Share (as defined below) for such date. Citibank agrees that it will not unreasonably reject any request by Counterparty for a Tranche Amount, provided that (i) at any time, the sum of the Outstanding Aggregate Amounts (as defined below) for all Transactions shall not exceed $100,000,000, (ii) at any time, the sum of the aggregate numbers of Common Shares specified or to be specified on BEACON Account Schedule A for all Transactions shall not exceed 7,500,000 (subject to adjustment pursuant to paragraph 8(c) ("Adjustment Events")), (iii) Citibank may postpone a request in its absolute discretion for up to five Trading Days and (iv) a Tranche Amount may not be accumulated for more than one Transaction on a single day.

Tranche Amount means that portion of the Loan Amount allocated to an Approved Project by the Lender. The Tranche Amount for each Tranche shall be determined by the Lender at the time of approving a project for such Tranche as an Approved Project to the extent such amount is then determinable or thereafter when such amount may be finally determined but in any event prior to the first advance of such Tranche and shall be equal to the difference between the Total Required Equity and the Equity Contribution for the applicable

Tranche Amount means, at any time, with respect to any Tranche, the portion of the Aggregate Capital allocated to such Tranche.