Examples of Convertible Notes Redemption in a sentence
It is expressly agreed that the completion of the Convertible Notes Redemption and the Trust Preferred Securities Redemption are not conditions precedent to the completion of the Mergers and other transactions contemplated in this Agreement.
Such efforts shall include the coordination of discussions among the Company, Parent and the trustee under the Indenture regarding the mechanics of the Convertible Notes Redemption.
On the 7.75% Convertible Notes Redemption Date, the Borrower shall take all actions as are necessary or appropriate in order to satisfy and discharge the 7.75% Convertible Notes Indenture and all of the notes issued thereunder on such date.
The Investor may elect by notice in writing to the Issuer, following the Maturity Date, to redeem some or all of the Convertible Notes (Redemption).
The holders of the Convertible Notes may accelerate and redeem the Convertible Notes at any time while an Event of Default is continuing, following which the Convertible Notes Redemption Amount will be immediately due and payable and the Security may be enforced.
Convertible Notes Redemption During the first quarter of 2020, holders of our 2.875% senior convertible notes issued in 2013 (the "2013 Notes") had the right to surrender their 2013 Notes for purchase by us at their option (the "Put Option") pursuant to the terms of the indenture governing the 2013 Notes any time before January 31, 2020.
The Borrower and each other Credit Party will use the proceeds of the Loans, together with the proceeds of the exercise of the Rithm Warrants and the Equity Investment, only for the payment in connection with the consummation of the Existing Convertible Notes Redemption and for the payment of related fees and expenses with respect to the Transactions.
If at any time the aggregate outstanding principal amount of Convertible Notes is less than $30,000,000, the Lien of the Administrative Agent over the Convertible Notes Redemption Account shall automatically be released and any such amounts remaining on deposit in the Convertible Notes Redemption Account shall be permitted to be withdrawn by the Borrower and used by the Borrower for any purposes that are otherwise permitted by this Agreement and the other Loan Documents.
Notwithstanding anything to the contrary in this Section 4.04(B)(i), if the Company is prohibited from redeeming any Registration Rights Notes as a result of the proviso to the immediately preceding sentence, then such prohibition will not affect the Company’s ability to redeem any other Notes pursuant to a Convertible Notes Redemption, subject to the other requirements of this Section 4.04.
Convertible Notes Redemption Confirmed Resolute Mining Limited (“Resolute” or the “Company”) (ASX:RSG) is pleased to confirm the Company will accelerate repayment of the A$15 million of Convertible Notes (“Notes”) currently on issue.