Convertible Debentures Security definition

Convertible Debentures Security means, subject to the Omnibus Intercreditor Agreement, the 2nd priority Liens in the Secured Assets securing the Convertible Debentures Obligations.
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Examples of Convertible Debentures Security in a sentence

  • The parties hereby agree to execute such other documents as may be required to carry out this transaction including, but not limited to the updating of any Uniform Commercial Code filings with a replacement debtor, and the issuance of any replacement Convertible Debenture(s), Security Agreements, Warrant Agreements or other Transaction Documents, if necessary.

  • The Company agrees to file a Form D with respect to the Convertible Debentures, Security Shares, Warrants, Warrant Shares and Conversion Shares as required under Regulation D and to provide a copy thereof to each Buyer promptly after such filing.

Related to Convertible Debentures Security

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

  • Convertible Debt means Debt issued by the Borrower which by its terms may be converted into or exchanged for equity securities of the Borrower at the option of the Borrower or the holder of such Debt, including without limitation, Debt with respect to which the performance due by the Borrower may be measured in whole or in part by reference to the value of an equity security of the Borrower but may be satisfied in whole or in part in cash.

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

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

  • 2021 Notes means the 4.700% Senior Notes due 2021, originally issued by Ensco plc (now Valaris), a public limited company organized under the laws of England and Wales.