Convertible Note Issue definition

Convertible Note Issue means an issuance of Indebtedness or Equity Interests (other than the Convertible Notes) pursuant to Section 7.03(f), (h), (k) or (l) that is convertible into Qualified Equity Interests.
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Convertible Note Issue. ("the Issue")
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Convertible Note Issue set forth in Section 1.01 of the Credit Agreement is hereby deleted in its entirety and replaced with the following:
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Examples of Convertible Note Issue in a sentence

  • On 24 October 2019, SAH entered into a Convertible Note Issue Agreement ( Agreement) with Fast Future.

  • If on any of the 2014 Convertible Note Issue Date, 2015 Convertible Note Issue Date or 2016 Convertible Note Issue Date, the sum of the adjusted principal amount of the Convertible Notes to be issued and the principal amount of all Convertible Notes issued exceeds HK$180,000,000, the Company shall only issue additional Convertible Notes in the principal amount being the difference between HK$180,000,000 and the sum of the principal amount of all Convertible Notes issued.

  • If on the 2016 Convertible Note Issue Date, the sum of the adjusted principal amount of the 2016 Convertible Note to be issued and the principal amount of the 2015 Convertible Note issued exceeds HK$364,000,000, the Company shall only issue 2016 Convertible Note in the principal amount being the difference between HK$364,000,000 and the principal amount of the 2015 Convertible Note issued.

  • Regardless of whether the Convertible Note Issue completes, the proceeds of the Placement and Rights Offering will be applied towards the same uses set out above.

  • RMS proposals for classification and non-classification were not discussed in detail within the European Biocides Technical Meetings.

  • On completion of the Placement and Rights Offering, it is expected that Thorney will own 10.6% of the issued CDIs. Subject to the Convertible Note Issue completing, Thorney will hold a maximum of 3,000,000 Convertible Notes (with a face value of US$1.00 each) which Thorney will have the right to convert into a maximum of 57,971,014 CDIs at a conversion price of$0.075 at any time up until maturity (two years after the relevant completion date).

  • The Rights Offering will increase VTI’s net assets by an amount equal to the net proceeds of the Rights Offering.The table below shows on a pro forma basis VTI’s financial position following completion of the Placement, Rights Offering and Convertible Note Issue (assuming the Convertible Note Issue is approved by stockholders).

  • Furthermore, Thorney has agreed to acquire Convertible Notes under the Convertible Note Issue which may convert into CDIs in the future, thereby further increasing Thorney’s percentage holding.

  • The obligation of VTI and the purchasers to complete the Convertible Note Issue is subject to a number of conditions being satisfied including stockholders approving the issue of the convertible notes under the Listing Rules at a special meeting of stockholders.

  • Put Option Upon the sole and absolute discretion of the Board, the Company shall be entitled to require each Vendor, severally but not jointly, to repurchase all Sale Shares held by it (the ‘‘Put Option’’) within the period from Completion Date to the 30th Business Day after the 2015 Convertible Note Issue Date or such other period as the Board may otherwise determine in writing (the ‘‘Put Option Period’’) subject to the requirements of the Listing Rules.


More Definitions of Convertible Note Issue

Convertible Note Issue means an issuance of Indebtedness or Equity Interests (other than the Convertible Notes) pursuant to Section 7.03(f), (h) or (k) that is convertible into Qualified Equity Interests.
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Convertible Note Issue means an issuance of Indebtedness or Equity Interests (other than the Convertible Notes) pursuant to Section 7.03(f),
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Related to Convertible Note Issue

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

  • 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.

  • 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 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.

  • 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 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;

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

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

  • Company Convertible Notes means the convertible notes issued by the Company pursuant to the convertible note purchase agreement by and among the Company, PA Grand Opportunity Limited and other investors named therein dated June 6, 2016, as amended on June 13, 2016.

  • 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.

  • Series B Purchase Agreement means the Series B Preferred Stock Purchase Agreement with respect to the purchase and sale of shares of the Company’s Series B Preferred Stock, dated as of the date hereof, by and among the Company and the Series B Investors, as it may be amended from time to time.

  • Series A Purchase Agreement means the Series A Preferred Unit Purchase Agreement, dated as of June 20, 2017, by and among the Partnership and the Series A Purchasers thereunder, as may be amended from time to time.

  • Note Purchase Agreement means the Note Purchase Agreement, dated as of the Issuance Date, among the Company, the Subordination Agent, the Escrow Agent, the Paying Agent, and the Pass Through Trustee under each Pass Through Trust Agreement providing for, among other things, the issuance and sale of certain equipment notes, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • 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).

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

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

  • Subordinated Note Indenture means the Indenture dated as of the Closing Date, among the Borrower, the guarantors party thereto and The Bank of New York, as trustee, pursuant to which the Subordinated Notes are issued, as the same may be amended, supplemented or otherwise modified from time to time to the extent permitted by Section 10.7(b).

  • Convertible Notes Indenture means the Indenture dated as of May 31, 2001, as amended by the First Supplemental Indenture dated as of February 20, 2002, among Xxxxxx Xxxxxxx Ltd., Xxxxxx Xxxxxxx LLC, as guarantor, and BNY Midwest Trust Company, as trustee.

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

  • 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.

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

  • Preferred Stock Purchase Agreement means the Preferred Stock Purchase Agreement, dated September 7, 2008, between the Company and the United States Department of the Treasury.

  • 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.

  • Senior Note Indenture the Indenture entered into by Holdings, the Borrower and certain of its Subsidiaries in connection with the issuance of the Senior Notes, together with all instruments and other agreements entered into by Holdings, the Borrower or such Subsidiaries in connection therewith.

  • Securities Purchase Agreement shall have the meaning set forth in the recitals hereto.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.