Convertible Debenture Financing definition

Convertible Debenture Financing means the Company’s ongoing non-brokered private placement of a maximum principal amount of $12.0 million convertible debentures which are convertible into Common Shares at a price of $4.60 per Common Share.
Convertible Debenture Financing means the private placement of $6.5 million aggregate principal amount of Convertible Debenture Units that closed on August 16, 2017 (as to the brokered portion) and October 5, 2017 (as to the non-brokered portion).
Convertible Debenture Financing means the non-brokered private placement of GT of $7,268,754 principal amount of Convertible Debentures, completed on March 9, 2018;

Examples of Convertible Debenture Financing in a sentence

  • On April 22, 2013 the Company closed the first tranche of the Convertible Debenture Financing with two arm’s length parties for a total amount of Cdn $150,000.

  • The amount of $93,650 has been recorded under Convertible Debentures (Liabilities) and the amount of $6,350 has been recorded under Convertible Debentures (Equity).On June 26, 2013 the Company closed the fourth tranche of the Convertible Debenture Financing with three arm’s length parties for a total amount of Cdn $150,000.

  • The amount of $491,665 has been recorded under Convertible Debentures (Liabilities) and the amount of $33,335 has been recorded under Convertible Debentures (Equity).On June 10, 2013 the Company closed the third tranche of the Convertible Debenture Financing with an arm’s length party for the amount of Cdn $100,000.

  • The amount of $140,416 has been recorded under Convertible Debentures (Liabilities) and the amount of $9,524 has been recorded under Convertible Debentures (Equity).On May 22, 2013 the Company closed the second tranche of the Convertible Debenture Financing with seven arm’s length parties for a total amount of Cdn $525,000.

  • No Equinox Gold Shares are to be issued in connection with the Arrangement, the Equity Financing or the Convertible Debenture Financing to any insiders of Equinox Gold except for the Equinox Gold Shares to be issued to Ross Beaty pursuant to the Equity Financing.

  • Further to the Company’s News Releases dated April 3, 4 and 22, 2013, the Company has closed the second tranche of the Convertible Debenture Financing on May 22, 2013 with seven parties for a total amount of Cdn $525,000.

  • The completion of the Arrangement, the Equity Financing or the Convertible Debenture Financing will not result in a material impact on control or direction over Equinox Gold.

  • Disclosure on pages xi and xii includes the following statements: At 10:15 a.m. MST, a Board meeting was held to discuss the implications if Mr. English and 726 were not supportive of the Convertible Debenture Financing based on the 9:00 a.m. call.

  • English and Mitchell, expressing 22NW s opposition for the Convertible Debenture Financing, which again had not been announced.

  • On October 19, 2007, the Company issued warrants to certain of the investors in the February 28, 2007 8% Convertible Debenture Financing to purchase up to 1,895,133 shares of the Company’s Common Stock with an exercise price of $2.67 per share and with a term expiring on the first to occur of January 19, 2009 or three days following notice of the Company’s Common Stock trading at $6 per share based on a 10-day volume weighted average.


More Definitions of Convertible Debenture Financing

Convertible Debenture Financing means the public offering of Convertible Debentures to raise minimum gross proceeds of $5,000,000 and maximum gross proceeds of $20,000,000 (or $23,000,000, in the event that the Over-allotment Option is duly exercised in full and the increase in the Initial Investment is consented to by the Borrower) through the issuance of a minimum of 5,000 and a maximum of 20,000 Convertible Debentures (or 23,000 in the event that the Over-Allotment Option is exercised in full) at a price of $1,000 per Convertible Debenture, which may be closed in one or more tranches.
Convertible Debenture Financing means the convertible debentures and warrants issued pursuant to the Securities Purchase Agreement, dated as of the date hereof, by and between the Company and the purchasers signatory thereto.

Related to Convertible Debenture Financing

  • Convertible Debenture means the 6% convertible debenture dated July 1, 2008 and due July 1, 2011, in the amount of CAD$10,000,000 issued by Orezone to the Debentureholder;

  • Convertible Debentures means the 10½% Convertible Subordinated Debentures due 2007 of the Company.

  • Convertible Notes has the meaning set forth in the Recitals.

  • Bridge Notes means the series of notes, of which this Note is a part, dated on or about the date hereof, each of which are identical, other than the date of the Note, identity of the Holder and principal amount of this Note.

  • Convertible Note means an instrument issued by a startup company evidencing receipt of money initially as debt, which is repayable at the option of the holder, or which is convertible into such number of equity shares of such startup company, within a period not exceeding five years from the date of issue of the convertible note, upon occurrence of specified events as per the other terms and conditions agreed to and indicated in the instrument;

  • Convertible Debt means Indebtedness of the Borrowers (which may be guaranteed by the Guarantors) permitted to be incurred under the terms of this Agreement that is (i) either (a) convertible into common stock of the Company (and cash in lieu of fractional shares) and/or cash (in an amount determined by reference to the price of such common stock) or (b) sold as units with call options, warrants or rights to purchase (or substantially equivalent derivative transactions) that are exercisable for common stock of the Company and/or cash (in an amount determined by reference to the price of such common stock) and (ii) subordinated to the Obligations on terms customary at the time for convertible subordinated debt securities.

  • Initial Debentures means the Debentures designated as “9.5% Unsecured Convertible Debentures” and described in Section 2.5;

  • Bridge Note means a promissory note made by the Borrower in favor of a Bridge Lender, evidencing Bridge Loans made by such Bridge Lender, substantially in the form of Exhibit C-2.

  • Exchange Debentures has the meaning set forth in Section 2(a) hereof.

  • Convertible Note Documents means the indenture under which the Convertible Notes are issued and all other instruments, agreements and other documents evidencing or governing the Convertible Notes or providing for any other right in respect thereof.

  • Subordinated Debentures means the debentures exchangeable by the Company for the Preferred Stock in accordance with the Certificate of Designations therefor.

  • Subordinated Note Amount has the meaning set forth in the Recitals.

  • Series A Debentures means the Series A 9-7/8% Junior Subordinated Deferrable Interest Debentures due February 15, 2027 of the Debenture Issuer issued pursuant to the Indenture.

  • Convertible Note Indenture means the Indenture dated as of February 21, 2014 between Emergent and the Convertible Note Trustee pursuant to which the Convertible Notes were issued.

  • Existing Convertible Notes means any convertible notes or other convertible debt securities of the Company outstanding on the date of this Agreement.

  • Bridge Financing has meaning set forth in Section 7.6.

  • Bridge Loan Agreement means that certain Senior Unsecured Interim Loan Agreement, dated as of December 20, 2007, among Tribune, the Bridge Lenders, the Former Bridge Loan Agent, JPMorgan Chase Bank, N.A., as syndication agent, and Citicorp North America, Inc. and Bank of America, N.A., as co-documentation agents, as amended, restated, supplemented or otherwise modified from time to time.

  • New Notes shall have the meaning assigned to such term in Section 32.

  • Promissory Note means an instrument that evidences a promise to pay a monetary obligation, does not evidence an order to pay, and does not contain an acknowledgment by a bank that the bank has received for deposit a sum of money or funds.

  • Bridge Loan Any loan or other obligation that (x) is incurred in connection with a merger, acquisition, consolidation, or sale of all or substantially all of the assets of a Person or similar transaction and (y) by its terms, is required to be repaid within one year of the incurrence thereof with proceeds from additional borrowings or other refinancings (it being understood that any such loan or debt security that has a nominal maturity date of one year or less from the incurrence thereof but has a term-out or other provision whereby (automatically or at the sole option of the Obligor thereof) the maturity of the indebtedness thereunder may be extended to a later date is not a Bridge Loan).

  • Series B Debentures means the $200 million aggregate principal amount of 4.903% Series B senior unsecured debentures of the Trust due July 5, 2023.

  • Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.

  • New Financing has the meaning specified in Section 2.04(a).

  • Note Shares means the shares of Common Stock issuable upon conversion of the Notes.

  • 2014 Notes means (i) the 4.850% Senior Secured Notes due 2024 issued by the Issuer on March 18, 2014 and (ii) the 4.45% Senior Secured Notes due 2025 and the 5.45% Senior Secured Notes due 2034 issued by the Issuer on August 21, 2014.

  • Convertible Subordinated Notes means the Company's 7% Convertible Subordinated Notes issued pursuant to an indenture dated as of June 12, 1996, between the Company and The Chase Manhattan Bank (formerly known as Chemical Bank), as trustee.