Third Tranche has the meaning set out in subsection 4.3(c);
Third Tranche means 16,000 of the Restricted Shares, for which the Performance Condition will be satisfied upon achievement of the Third Stock Price Hurdle; and
Third Tranche means 650,000 of the Restricted Shares, for which the Performance Condition will be satisfied upon achievement of the Third Performance Hurdle; and
Examples of Third Tranche in a sentence
Clauses 9.45.1(a) and (b) cease to have effect from the beginning of the Third Tranche Commencement Date.
The First Tranche of the MFF is named KEIP Phase 2, the Second project or Tranche 2 – KEIP Phase 3 and the Third Tranche is KEIP Phase 4.
Each Third Tranche Subscription Receipt will entitle the holder thereof to receive, without payment of any additional consideration, one Unit (a Third Tranche Unit”).
The Company granted Paradigm 395,454 agent warrants relating to the Third Tranche Subscription Receipts.
Each Third Tranche Unit will consist of one Common Share and one-half of one common share purchase warrant (each whole warrant a “Third Tranche Warrant”).
More Definitions of Third Tranche
Third Tranche means the balance of the proceeds of the Loan remaining in the Loan Account after the utilization of the First and Second Tranches to be withdrawn, pursuant to and subject to the provisions of paragraph 7 of Schedule 3 of this Loan Agreement.
Third Tranche means 106,500 of the Restricted Shares (of which 35,500 shall constitute Bonus Restricted Shares), for which the Performance Condition will be satisfied upon achievement of the Third Performance Hurdle; and
Third Tranche means 413,667 of the Restricted Shares, for which the Performance Condition will be satisfied upon achievement of the Third Performance Hurdle; and
Third Tranche has the meaning given to that term in Article 2.2.1 (Tranches).
Third Tranche means the Tranche of the proceeds of the Credit allocated to Category (3) in the table set forth in paragraph 1 of Schedule 1 to this Agreement;
Third Tranche means, at any time (a) after the institution of the Third Tranche in accordance with Section 2.13 but prior to the purchase of the Third Tranche Notes, the aggregate amount of the Third Tranche Note Purchase Commitments at such time and (b) thereafter, the aggregate principal amount of the Third Tranche Notes of all Third Tranche Note Purchasers outstanding at such time.
Third Tranche means, at any time, (a) during the Third Tranche Availability Period, the aggregate amount of the Third Tranche Note Purchase Commitments at such time and (b) thereafter, the aggregate principal amount of the Third Tranche Notes of all Third Tranche Purchasers outstanding at such time.