Examples of Company Convertible Debentures in a sentence
For greater certainty, the Subordinated Loan shall be: (i) subject to acceleration in certain customary or to be negotiated events, which shall include the termination of this Agreement pursuant to Section 7.2(c)(ii); and (ii) only subordinate to the Company Senior Secured Notes and the Company Convertible Debentures.
Assuming the same total capitalization as on the date hereof, the total number of Shares outstanding as of immediately prior to the Closing (assuming the exercise of all Company Warrants and the conversion of all Company Convertible Debentures) will be as set forth in Section 3.2(a)(i) of the Sellers’ Disclosure Schedule.
The Company has issued Company Convertible Debentures to the Persons, and in the amounts, as set forth in Section 3.2(a)(v) of the Sellers’ Disclosure Schedule, which further sets forth for each such Person the principal amount for each such Company Convertible Debenture, interest accrued through the date of this Agreement, if any, and the number of new shares of the Company issuable in respect of each such Company Convertible Debenture.
The Subscription Receipts shall have been converted into Company Convertible Debentures in accordance with the terms of the Subscription Receipts, provided that such conversion may occur immediately prior to the Effective Time, and the Escrowed Proceeds shall have been released from escrow.
Each Company Convertible Debenture will continue to be governed by and be subject to the terms of the Company Debenture Indenture, subject to the Supplemental Debenture Indenture, any debenture certificate or conversion documents, as applicable, provided by the Purchaser to the Company Debenture Holders to facilitate the conversion of the Company Convertible Debentures.