Common use of Subscription and issue Clause in Contracts

Subscription and issue. Subject to the terms and conditions of this agreement, the Investor agrees to subscribe for, and the Company agrees to allot and issue to the Investor (or its nominees), the Subscription Shares in the following tranches: (a) (Tranche 1): on 25 February 2019, 2,000,000 Subscription Shares to be issued at the Subscription Price; (b) (Tranche 2): on 8 April 2019, 1,666,667 Subscription Shares to be issued at the Subscription Price; (c) (Tranche 3): on 20 May 2019, 1,666,667 Subscription Shares to be issued at the Subscription Price; (d) (Tranche 4): on 1 July 2019, 1,666,667 Subscription Shares to be issued at the Subscription Price; (e) (Tranche 5): on 12 August 2019, 1,666,667 Subscription Shares to be issued at the Subscription Price; and (f) (Tranche 6): on 23 September 2019, 1,333,333 Subscription Shares to be issued at the Subscription Price, (together, the Tranches).

Subscription and issue. (a) Subject to the terms and conditions of this agreement, the Investor agrees to subscribe for, and the Company agrees to allot and issue to the Investor (or its nominees), the Subscription Shares in the following tranches: (ai) (Tranche 1): on 25 February 2019, 2,000,000 Subscription Shares to be issued subscribed at the Subscription Price; (bii) (Tranche 2): on 8 April 2019, 1,666,667 Subscription Shares to be issued at the Subscription Price; (ciii) (Tranche 3): on 20 May 2019, 1,666,667 833,333 Subscription Shares to be issued at the Subscription Price; (div) (Tranche 43A): on 1 July 201914 June, 1,666,667 833,333 Subscription Shares to be issued at the Subscription Price; (ev) (Tranche 4): on 1 August 2019, 833,333 Subscription Shares to be issued at the Subscription Price; (vi) (Tranche 4A): on 15 September 2019, 833,333 Subscription Shares to be issued at the Subscription Price; (vii) (Tranche 5): on 12 August November 2019, 1,666,667 833,334 Subscription Shares to be issued at the Subscription Price; and (fviii) (Tranche 65A6): on 23 September 15 December 2019, 1,333,333 833,334 Subscription Shares to be issued at the Subscription Price, (together, the Tranches).,