Convertible Subordinated Debt definition

Convertible Subordinated Debt means any debt of the Company convertible into shares of any or all classes of stock of the Company and containing, or issued under agreements or indentures containing, provisions effectively subordinating the same to the debt created by this Agreement.

Convertible Subordinated Debt means, collectively, Series A Convertible Subordinated Debt and Series B Convertible Subordinated Debt.

Convertible Subordinated Debt means the Indebtedness owing by Borrowers to the “Holders” (as defined in Convertible Trust Indenture) pursuant to the Convertible Subordinated Debt Documents.

Examples of Convertible Subordinated Debt in a sentence

• The subordination provisions with respect to the Convertible Subordinated Debt contained in the Convertible Subordinated Debt Documents are legal, valid and binding obligations of each Person a party thereto, and enforceable against such Person in accordance with their terms.

• If applicable, promptly following the Exchange Offer Closing or the occurrence of the Contingent Exchange, as applicable, NBC Palm Beach I shall transfer to CIG a note or notes representing up to $10,000,000 in principal amount of the Series B Convertible Subordinated Debt it receives in the Contingent Exchange, with such amount determined in accordance with the methodology described on Schedule 10.12.

• As of the Closing Date, (i) Agent has received true, correct and complete copies of the Convertible Subordinated Debt Documents; and (ii) none of the Convertible Subordinated Debt Documents has been amended or supplemented, nor have any of the provisions thereof been waived, except pursuant to a written agreement or instrument which has heretofore been delivered to Agent.

• As of the Closing Date, the outstanding principal amount owing under the Convertible Subordinated Debt Documents is $70,000,000.

• The Borrowers will not, and will not permit any of their Subsidiaries, to (a) amend, supplement or otherwise modify the terms of any of the Subordinated Debt Documents or (b) prepay, redeem or repurchase (or offer to prepay, redeem or repurchase) any of the Convertible Subordinated Debt.

More Definitions of Convertible Subordinated Debt

Convertible Subordinated Debt means the Obligations of the Company under or in respect of the Company's Convertible Subordinated Notes due 2004.

Convertible Subordinated Debt means Debt of the Borrower and the Parent Corporation in the aggregate principal amount of $20,000,000 in respect of convertible subordinated notes issued as part of the consideration for the Acquisition, maturing approximately 9-1/2 years after the Effective Date and convertible into shares of common stock of the Parent Corporation.

Convertible Subordinated Debt means any Indebtedness of the Borrower (i) which is and remains subordinated in right of payment to the obligations of the Borrower on the Notes and (ii) which by its terms is exchangeable for or convertible into an equity security of the Borrower.

Convertible Subordinated Debt means the Borrower's 5% Zero-Coupon Convertible Subordinated Notes due December 11, 2007 in an aggregate principal amount of $316,250,000 at maturity and Borrower's 4% Zero-Coupon Convertible Subordinated Notes due November 1, 2008 in aggregate principal amount of $2,912,000 at maturity.

Convertible Subordinated Debt means the Indebtedness in an amount not to exceed $135,000,000 owing by Borrower to the "Holders" (as defined in Convertible Trust Indenture) pursuant to the Convertible Subordinated Debt Documents.

Convertible Subordinated Debt means the Borrower's 5%

Convertible Subordinated Debt means Falcon's Indebtedness for Money Borrowed in the aggregate principal amount of $4,150,000 incurred pursuant to the Convertible Subordinated Debentures.