Convertible Bond Indebtedness Sample Clauses
The Convertible Bond Indebtedness clause defines and governs the terms under which a company may issue debt securities that are convertible into equity, such as shares of stock. This clause typically outlines the conditions for conversion, the types of bonds covered, and any limitations or requirements regarding their issuance or outstanding amounts. For example, it may specify that only certain convertible bonds count toward debt covenants or clarify how conversion events affect existing shareholders. Its core practical function is to provide clarity and structure around the use of convertible bonds, ensuring both the issuer and investors understand their rights and obligations, and to manage the potential impact on company capitalization and control.
Convertible Bond Indebtedness. The parties hereto acknowledge and agree that for purposes of all calculations hereunder, the principal amount of Convertible Bond Indebtedness shall be the outstanding principal amount thereof, valued at par.
Convertible Bond Indebtedness. Permitted Bond Indebtedness having a feature which entitles the holder thereof to convert all or a portion of such Indebtedness into or by reference to Equity Interests in Forestar Group.
Convertible Bond Indebtedness. In the interest of clarity and to avoid ambiguity, each of the limitations in the above clauses (c) through (j) with respect to Permitted Indebtedness apply without out duplication of amount permitted in either the Credit Agreement or clause (b) above.
Convertible Bond Indebtedness. Permitted Bond Indebtedness having a feature which entitles the holder thereof to convert all or a portion of such Indebtedness into or by reference to Equity Interests in Forestar Group. Credo. Credo Petroleum Corporation, a Delaware corporation. Credo Acquisition. The acquisition of Credo effected pursuant to the Credo Merger Agreement.
Convertible Bond Indebtedness. Permitted Bond Indebtedness having a feature which entitles the holder thereof to convert all or a portion of such Indebtedness into or by reference to Equity Interests in Forestar Group. Credo. Forestar Petroleum Corporation, a Delaware corporation, formerly known as Credo Petroleum Corporation. Credo Acquisition. The acquisition of Credo effected pursuant to the Credo Merger Agreement. Credo Acquisition Effective Date. September 28, 2012.