Tranche Investment definition
Examples of Tranche Investment in a sentence
The portion of Investment Amount that remains deposited at the Collateral Account as of a specified date, which is equal to (A) the Investment Amount, minus (B) the total and cumulative Resale Tranche Investment Amounts that have been released from the Collateral Account as of such a date, is referred to herein as the “Unreleased Investment Amount”.
Section 2.2 Computation of Invested Amount and Purchaser Group’s Tranche Investment.
Computation of Purchaser's Total Investment and Purchaser's Tranche Investment .
By: -------------------------------------- Denn▇▇ ▇▇▇▇▇▇, ▇▇ief Financial Officer Address: c/o Ultra Finanz AG AMRO International, S.A. Gros▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇ ▇▇▇▇▇▇, ▇▇-▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇ax: 011-▇▇▇-▇▇▇-▇▇▇▇ By: First Tranche Investment: -------------------------------------- $500,000 H.
Computation of Purchasers' Investment and Senior Purchaser's Tranche Investment............................
For purposes of determining the amounts required to be set aside by Servicer pursuant to Section 1.03, the Administrator, on Transferee's behalf, shall notify Servicer (and, if WestPoint is not Servicer, Transferor) from time to time of the Transferee's Tranche Investment of each Asset Tranche, the Earned Discount Rate applicable to each Asset Tranche and the rates at which fees and other amounts are accruing hereunder.
This Note shall not constitute a waiver of the Payee's rights, Maker's obligations or the conditions contained in that certain Stock Purchase Agreement (the "Stock Purchase Agreement") dated as February 2, 2001, by and between Maker and the Payee with respect to the Third Tranche Investment (as defined therein) and that certain Additional Right to Purchase Agreement dated as of February 2, 2001, by and between Maker and the Payee.
Notwithstanding anything to the contrary in this Agreement, RTW hereby agree that RTW’s right to consummate the Second Tranche Investment and purchase shares of Stock pursuant to this Section 1.4 shall not be assignable except to an affiliate or limited partner of RTW, and any attempted assignment by RTW shall be void.
Upon closing of the First Tranche Investment contemplated by the Purchase Agreement, the restrictions set forth in Section 6 of that certain Confidentiality Agreement, dated as of March 7, 2022, by and between the Company and Patient Square Capital, L.P. (the “Confidentiality Agreement”), shall terminate and cease to apply.
The Administrator, on Transferee's behalf, shall notify Servicer (and, if WestPoint is not Servicer, Transferor) from time to time of the Transferee's Tranche Investment of each Asset Tranche, the Earned Discount Rate applicable to each Asset Tranche funded by a Liquidity Funding and the rates at which fees and other amounts are accruing hereunder.