Exchange Securities definition

Exchange Securities shall have the meaning assigned thereto in Section 2(a) hereof.

Exchange Securities means senior notes issued by the Company and guaranteed by the Guarantors under the Indenture containing terms identical to the Securities (except that the Exchange Securities will not be subject to restrictions on transfer or to any increase in annual interest rate for failure to comply with this Agreement) and to be offered to Holders of Securities in exchange for Securities pursuant to the Exchange Offer.

Exchange Securities means senior notes issued by the Company under the Indenture containing terms identical to the Securities (except that the Exchange Securities will not be subject to restrictions on transfer or to any increase in annual interest rate for failure to comply with this Agreement) and to be offered to Holders of Securities in exchange for Securities pursuant to the Exchange Offer.

Examples of Exchange Securities in a sentence

• The issuance of the Exchange Securities is duly authorized and, upon issuance in accordance with the terms hereof, the Exchange Securities shall be validly issued, fully paid and non-assessable, free and clear of all Liens (as defined below) imposed by the Company, other than restrictions on transfer under applicable state and federal securities laws.

• The Exchange Securities are being issued exclusively for the exchange of the Series D Shares and no other consideration has or will be paid for the Exchange Securities.

• There is no assurance that the Exchange Securities or any securities into which the Exchange Securities may convert will continue to be quoted, traded or listed for trading or quotation on the Nasdaq Capital Market or on any other organized market or quotation system.

• In addition, the Investor is entitled to direct the Conversion Shares to be allotted and issued to third parties (the “Recipients”), in such proportion and quantum as the Investor may decide, and shall furnish to the Company the identities and other necessary details of such Recipients prior to and no later than the submission of the circular in respect of the transactions contemplated in the Convertible Loan Agreement to the Singapore Exchange Securities Trading Limited (“SGX-ST”).

• The Holder does not presently have any agreement or understanding, directly or indirectly, with any person to distribute, or transfer any interest or grant participation rights in, the Securities or the Exchange Securities.

More Definitions of Exchange Securities

Exchange Securities. See Section 2(a) hereof.

Exchange Securities means securities issued by the Company and the Guarantors under the Indenture containing terms identical to the Securities (except that (i) interest thereon shall accrue from the last date on which interest was paid on the Securities or, if no such interest has been paid, from the Closing Date and (ii) the Exchange Securities will not contain restrictions on transfer) and to be offered to Holders of Securities in exchange for Securities pursuant to the Exchange Offer.

Exchange Securities has the meaning set forth in the Registration Rights Agreement.

Exchange Securities means (1) the 11 1/4% Senior Subordinated Notes Due June 15, 2011 issued pursuant to the Indenture in connection with a Registered Exchange Offer pursuant to a Registration Rights Agreement and (2) Additional Securities, if any, issued pursuant to a registration statement filed with the SEC under the Securities Act.

Exchange Securities means the 11 3/4% Series B Senior Subordinated Notes due 2007 to be issued pursuant to this Indenture in connection with the offer to exchange Exchange Securities for the Initial Securities that may be made by the Company pursuant to the Registration Rights Agreement.

Exchange Securities has the meaning ascribed to it in the second introductory paragraph of this Indenture.

Exchange Securities. The 10 5/8% Senior Notes due 2013, of the same series under the Indenture as the Initial Securities and the Guarantees attached thereto, to be issued to Holders in exchange for Transfer Restricted Securities pursuant to this Agreement.