Tranche II definition

Tranche II means the advances pursuant to Section 2.1(a)(ii).

Tranche II is defined in Section 2.1.2(a).

Tranche II means one (1) term loan in the principal amount equal to Five Million Dollars ($5,000,000). ​

Examples of Tranche II in a sentence

• Tranche I is exercisable in accordance with its terms through February 23, 2026 and Tranche II is exercisable in accordance with its terms through February 23, 2027.

• On such basis, the amended target profit of HK$40,000,000 under the Agreement (as supplemented by the Supplemental Agreement) was not achieved and the principal amount of the Tranche II Convertible Bonds in the principal amount of HK$50,000,000 was adjusted to HK$0.

• Tranche I, when fully vested, will give Amazon a right to purchase up to an aggregate of 1.59 million shares and Tranche II will give a right to purchase an aggregate of 0.8 million shares.

• The initial fair value of the warrants of $72.6 issued to Amazon on August 23, 2019 was recorded as stock warrant obligations, having a fair value of $32.67 per warrant for Tranche I and $25.81 per warrant for Tranche II.

• Zhongtou Zhanlu Fund Tranche II has completed industrial and commercial registration and filing and registration as a private equity investment fund.

More Definitions of Tranche II

Tranche II means Four Million Five Hundred Thousand Dollars ($4,500,000) of the Term Loan. DEBTOR OMEGA THERAPEUTICS, INC. SECURED PARTY: PACIFIC WESTERN BANK EXHIBIT B COLLATERAL DESCRIPTION ATTACHMENT TO LOAN AND SECURITY AGREEMENT All personal property of Borrower (herein referred to as “Borrower” or “Debtor”) whether presently existing or hereafter created or acquired, and wherever located, including, but not limited to:

Tranche II is a portion of the total amount of the Facility in the amount of $75,000,000.

Tranche II means an amount of USD 25,000,000 for the purpose set out in Clause 3.1 b).

Tranche II shall be in the amount of $12,325,000 and shall be used to satisfy the Centier Loan and the Bridge Loan, and to satisfy certain related transaction costs. The obligation of the Borrower to repay Tranche II shall be evidenced by and repayable in accordance with the terms of the Borrower's promissory note to the Bank, the form of which is attached hereto as Exhibit B (the "Tranche II Note").

Tranche II means a Term Loan in principal amount of $8,000,000.

Tranche II means Five Million Dollars ($5,000,000) of the Term Loan.

Tranche II means such portion of the B Loan, in an aggregate principal amount of up to fifty million Dollars ($50,000,000).