Convertible Bond definition
Examples of Convertible Bond in a sentence
For purposes of all calculations hereunder, the principal amount of Convertible Bond Indebtedness shall be the outstanding principal (or notional) amount thereof, valued at par.
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 (or notional) amount thereof, valued at par.
Nothing in the foregoing shall be construed to prohibit the issuance of any Permitted Convertible Bond Indebtedness (or any guarantee thereof), the issuance of any Permitted Exchangeable Bond Indebtedness, or the entry into any Permitted Call Transaction.
Convertible Bond Holders and/or potential investors of the Company should therefore exercise caution when dealing in the Convertible Bonds or exercising other rights in respect of them.
For illustrative purpose, in calculating the number of Shares the outstanding Convertible Bonds can be converted into for the purpose of calculating the offer price under the Convertible Bond Offer included in this joint announcement, it is assumed that the “Change of Control” of the Company takes place on the date of this joint announcement.