Common use of Permitted Convertible Indebtedness Clause in Contracts

Permitted Convertible Indebtedness. Promptly after Borrower’s receipt of notice of any election or request by the holders of Permitted Convertible Indebtedness to redeem, provide Lender with written notice of such election or request.

Permitted Convertible Indebtedness. Promptly after Borrower’s receipt of notice of any election or request by the holders of Permitted Convertible Indebtedness to redeem, provide Lender Bank with written notice of such election or request.”

Permitted Convertible Indebtedness. Promptly after Borrower’s receipt of notice of any election or request by the holders of Permitted Convertible Indebtedness to redeemredeem or otherwise convert the Permitted Convertible Indebtedness (unless such redemption or conversion shall be effected solely by conversion thereof into equity), provide Lender Bank with written notice of such election or request.