Examples of Convertible Debt Security in a sentence
Upon an Exchange, the Holder also shall be assigned all rights (and assume all obligations) provided in the definitive agreements pursuant to which the New Convertible Debt Security was sold.
Members who join the Scheme and who do not choose an investment option are placed into the default investment arrangement, which is the Drawdown Lifestyle Strategy (the "Default").
The Convertible Debt Security has the following terms: • Term, 18 months from drawdown, • Drawdown of the Convertible Debt Security will be in one tranche, • Annual Interest rate of 9.5%, payable quarterly in cash, there is no option to settle interest by any other means.
Page 5 – fourth bullet point: with regards to the work of the Health and Wellbeing Board in developing a strategy, Councillor Lesley Pavitt wished to know what the Council’s plan was to link into the strategy.
During the Covenant Relief Period, STX and the Borrower shall not be permitted to make any cash payments upon conversion of any Convertible Debt Security in excess of the stated principal amount thereof plus any accrued and unpaid interest and cash in lieu of fractional shares.