Convertible Lenders definition

Convertible Lenders has the meaning given to it in the definition of “Investors’ Indebtedness”.
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Convertible Lenders means the Persons party to the Convertible Note Purchase Agreement as “Holders” thereunder, together with any other holder of Indebtedness issued pursuant thereto.
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Convertible Lenders means Scorpion Capital Partners, LP, and its successors and assigns.
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Examples of Convertible Lenders in a sentence

  • As of the Third Amendment Effective Date, the aggregate Unsecured Convertible Outstanding Loan Amount of the Unsecured Convertible Loans that the Borrowers owe to the Unsecured Convertible Lenders is $15,994,839.05, and the aggregate Non-Convertible Outstanding Loan Amount of the Non-Convertible Loans that the Borrowers owe to the Non-Convertible Lenders is $21,200,000.00.

  • On the Borrower Conversion Date, Cadiz shall deliver, or cause to be delivered, to the Convertible Lenders or a designee of the Convertible Lenders a certificate or certificates representing the Borrower Conversion Shares.

  • Not later than two (2) trading days after each Lender Conversion Date (the “Share Delivery Date”), Cadiz shall deliver, or cause to be delivered, to the Convertible Lenders or a designee of the Convertible Lenders a certificate or certificates representing the Lender Conversion Shares.

  • No adjustment of the Secured Convertible Lender Conversion Price shall be made as the result of the issuance or deemed issuance of Additional Shares of Common Stock if Cadiz receives written notice from the Required Secured Convertible Lenders agreeing that no such adjustment shall be made as the result of such issuance or deemed issuance of such Additional Shares of Common Stock.

  • Notwithstanding anything to the contrary contained herein and without the prior consent of the Borrowers, the Convertible Lenders may not convert, in each Notice of Lender Conversion, any portion of the Convertible Loans in the principal amount of less than $500,000 (the “Minimum Conversion Amount”).

  • Prior to the delivery of the Notice of Borrower Conversion, Cadiz shall consult with the applicable Unsecured Convertible Lenders to determine the applicability of the Beneficial Ownership Limitation to the Borrower Conversion and the appropriate number of Borrower Conversion Shares.

  • The Secured Convertible Lenders and their Attribution Parties shall not be subject to the Beneficial Ownership Limitation.

  • The Administrative Agent shall have received duly executed and delivered counterparts of the Amended and Restated Investors' Agreement dated as of the date hereof that, when taken together, bear the signatures of the Borrower, CEI and the Convertible Lenders.


More Definitions of Convertible Lenders

Convertible Lenders means the lenders party to the Convertible Loan Agreement.
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Convertible Lenders collectively, the Unsecured Convertible Lenders and the Secured Convertible Lenders, and individually, any Unsecured Convertible Lender or any Secured Convertible Lender.
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Related to Convertible Lenders

  • Applicable Lenders means the Required Lenders, all affected Lenders, or all Lenders, as the context may require.

  • Eligible Lender an entity that is a “Bank” (as defined in the 0000 Xxx) and is not otherwise prohibited by Section 17 of the 1940 Act from lending to the Borrower.

  • Applicable Lender has the meaning assigned to such term in Section 2.06(d).

  • Convertible Senior Notes means those certain convertible senior notes issued by Borrower with a final maturity date of not less than ten (10) years from the date of issuance, in an amount not to exceed $150,000,000 with an interest rate up to 5.5% and subject to the terms set forth in the Convertible Senior Notes Offering Memorandum.

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

  • Term Loan Notes means the promissory notes of the Borrower (if any) in favor of any of the Term Loan Lenders evidencing the portion of the Term Loan provided by any such Term Loan Lender pursuant to Section 2.2(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Subordinated Lenders means each and every Person to whom any of the Subordinated Indebtedness are owed.

  • Note Agent means any Registrar, Paying Agent or Conversion Agent.

  • Convertible land means a building site which is a portion of the common areas

  • Convertible Bonds means the $450,000,000 1.875 per cent senior unsecured guaranteed convertible bonds due 2025 and issued by NMC Health (Jersey) Limited, including the transactions contemplated under the Transaction Documents (as defined in the Convertible Bond Trust Deed);

  • 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.

  • Convertible Securities means any stock or securities (other than Options) directly or indirectly convertible into or exercisable or exchangeable for shares of Common Stock.

  • Term Loan Lenders means the financial institutions from time to time parties hereto as lenders of the Term Loan.

  • Convertible Security means one of the Convertible Securities.

  • 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.

  • Subsequent Notes means any Notes issued after the First Issue Date on one or more occasions.

  • Bridge Loans means the Loans (as defined in the Bridge Credit Agreement).

  • 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;

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Term Loan Agent means “Term Loan Agent” as defined in the Intercreditor Agreement.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Loan Notes means the promissory notes of the Borrower in favor of each Lender evidencing the Loans made to the Borrower and substantially in the form of Exhibit 2.6(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Convertible Mortgage Loan Any individual Adjustable Rate Mortgage Loan purchased pursuant to this Agreement which contains a provision whereby the Mortgagor is permitted to convert the Adjustable Rate Mortgage Loan to a Fixed Rate Mortgage Loan in accordance with the terms of the related Mortgage Note.

  • Permitted Convertible Notes means any unsecured notes issued by the Company in accordance with the terms and conditions of Section 6.01 that are convertible into a fixed number (subject to customary anti-dilution adjustments, “make-whole” increases and other customary changes thereto) of shares of common stock of the Company (or other securities or property following a merger event or other change of the common stock of the Company), cash or any combination thereof (with the amount of such cash or such combination determined by reference to the market price of such common stock or such other securities); provided that, the Indebtedness thereunder must satisfy each of the following conditions: (i) both immediately prior to and after giving effect (including pro forma effect) thereto, no Default or Event of Default shall exist or result therefrom, (ii) such Indebtedness matures after, and does not require any scheduled amortization or other scheduled or otherwise required payments of principal prior to, and does not permit any Loan Party to elect optional redemption or optional acceleration that would be settled on a date prior to, the date that is six (6) months after the Maturity Date (it being understood that neither (x) any provision requiring an offer to purchase such Indebtedness as a result of change of control or other fundamental change (which change of control or other fundamental change, for the avoidance of doubt, constitutes a “Change of Control” hereunder), which purchase is settled on a date no earlier than the date twenty (20) Business Days following the occurrence of such change of control or other fundamental change nor (y) any early conversion of any Permitted Convertible Notes in accordance with the terms thereof, in either case, shall violate the foregoing restriction), (iii) such Indebtedness is not guaranteed by any Subsidiary of the Company other than the Subsidiary Borrowers or Subsidiary Guarantors (which guarantees, if such Indebtedness is subordinated, shall be expressly subordinated to the Secured Obligations on terms not less favorable to the Lenders than the subordination terms of such Subordinated Indebtedness), (iv) any cross-default or cross-acceleration event of default (each howsoever defined) provision contained therein that relates to indebtedness or other payment obligations of any Loan Party (such indebtedness or other payment obligations, a “Cross-Default Reference Obligation”) contains a cure period of at least thirty (30) calendar days (after written notice to the issuer of such Indebtedness by the trustee or to such issuer and such trustee by holders of at least 25% in aggregate principal amount of such Indebtedness then outstanding) before a default, event of default, acceleration or other event or condition under such Cross-Default Reference Obligation results in an event of default under such cross-default or cross-acceleration provision and (v) the terms, conditions and covenants of such Indebtedness must be customary for convertible Indebtedness of such type (as determined by the board of directors of the Company, or a committee thereof, in good faith).

  • Subordinated Lender means each Seller, in its capacity as subordinated lender pursuant to the relevant Subordinated Loan Agreement.

  • Revolving Notes means the promissory notes of the Borrower in favor of each of the Lenders evidencing the Revolving Loans provided pursuant to Section 2.1(e), individually or collectively, as appropriate, as such promissory notes may be amended, modified, supplemented, extended, renewed or replaced from time to time.