Convertible Debt Securities definition

Convertible Debt Securities debt securities, the terms of which provide for conversion into Capital Stock, cash by reference to such Capital Stock or a combination thereof.

Convertible Debt Securities. Unsecured Debt of the Borrower that is convertible into (a) Qualified Equity Interests of the Borrower (or other securities or property following a merger event, reclassification or other change of such Qualified Equity Interests) and cash in lieu of fractional shares, (b) cash (in an amount determined by reference to the price of such Qualified Equity Interests or such other securities or property) or (c) a combination of the foregoing.

Convertible Debt Securities means debt securities convertible into or Exchangeable for other securities or other property.

Examples of Convertible Debt Securities in a sentence

• The Registration Statement relates to the offering by the Corporation of: - Convertible Debt Securities; - Non-Convertible Debt Securities; - Medium Term Notes; - Preferred Stock, par value $2.50 per share; - Common Stock, par value $0.50 per share; - Warrants; - Share Purchase Contracts; or - Share Purchase Units (collectively, the "Securities").

• The Secondary Conversion Shares have been duly authorized and, when the Secondary Conversion Shares are issued and delivered upon conversion of the Secondary Convertible Debt Securities in accordance with the terms of such Secondary Convertible Debt Securities and the Convertible Debt Indenture, such shares of Common Stock will be validly issued, fully-paid and non-assessable.

• The Subordinated Indenture, the Debt Securities and the Convertible Debt Securities, when executed by a duly authorized officer of the Company, will have been duly authorized by the Company.

• The Maximum Share Amount shall be allocated pro rata among all of the holders of the Debentures and the Warrants issued pursuant to the Purchase Agreements (such holders collectively referred to as the "Security Holders," and such Debentures and Warrants collectively referred to as the "Convertible Debt Securities") based on the total number of shares of Common Stock issuable upon conversion of and exercise of the Convertible Debt Securities (the "Underlying Shares").

• Notwithstanding the foregoing and for the avoidance of doubt, the Borrower shall not be required to amend or supplement the definition of “Indebtedness” or “Senior Debt” in the indenture under which any Convertible Debt Securities outstanding on the Restatement Effective Date were issued with respect to the Obligations.

More Definitions of Convertible Debt Securities

Convertible Debt Securities means, as applicable, any debt securities directly or indirectly convertible into, or exchangeable for, any capital stock, shares, partnership or membership interests in the Company or any of its Subsidiaries.

Convertible Debt Securities means debt securities, the terms of which provide for conversion into, or exchange for, Equity Interests (other than Disqualified Equity Interests) of the issuer, cash (in an amount determined by reference to the price of such Equity Interests) or a combination of Equity Interests (other than Disqualified Equity Interests) and/or cash (in an amount determined by reference to the price of such Equity Interests).

Convertible Debt Securities means unsecured debt securities, the terms of which provide for (a) conversion into, or exchange for, Equity Interests (other than Disqualified Stock) of the Borrower, cash (in an amount determined by reference to the price of such Equity Interests) or a combination of Equity Interests (other than Disqualified Stock) and/or cash (in an amount determined by reference to the price of such Equity Interests) or (b) sale as units with call options, warrants, or rights to purchase (or substantially equivalent derivative transactions) that are exercisable for Equity Interests (other than Disqualified Stock) of the Borrower and/or cash (in an amount determined by reference to the price of such Equity Interests).

Convertible Debt Securities means any debt security, promissory note, bond or similar instrument that is convertible into or exchangeable for Common Shares.

Convertible Debt Securities. USG Corporation 10% Contingent Convertible Senior Notes due 2018.

Convertible Debt Securities means any senior unsecured indebtedness for borrowed money in the form of convertible debt securities for which a Company is directly and primarily obligated and that is issued pursuant to documentation with terms that are no more restrictive upon such Company than the terms of this Agreement; provided that Convertible Debt Securities shall not include High-Yield Debt.

Convertible Debt Securities. Means the Existing Convertible Debt Securities and any other debt securities of Guarantor, the