Debt Conversion Agreements definition

Debt Conversion Agreements means the agreements entered into between the Company and certain third parties to whom the Company owed certain debts and liabilities pursuant to which such third parties agreed to forgive and release the Company of all such debts and liabilities in full in exchange for cash and/or Company Common Stock, which stock was issued and/or such cash was paid to such third parties either before or after the date hereof but, in any event, prior to the Effective Time.
Sample 1
Debt Conversion Agreements means the debt conversion agreements between the Company and Xxxxxx Master Fund Ltd. and Guber Family Trust with respect to the election of such debt holders to convert their debt into Common Stock, which election was made on or prior to the date hereof to take effect at the Closing.
Sample 1
Debt Conversion Agreements means the debt conversion agreements between the Company and Trinad Master Fund Ltd. and Guber Family Trust with respect to the election of such debt holders to convert their debt into Common Stock, which election was made on or prior to the date hereof to take effect at the Closing.
Sample 1

Examples of Debt Conversion Agreements in a sentence

  • A copy of the Debt Conversion Agreements are available for inspection at the registered office of the Company at 80 Robinson Road, #02-00 Singapore 068898 during normal business hours for a period of three (3) months from the date of this announcement.

  • Buyer also acknowledges that pursuant to these Debt Conversion Agreements any default by Electropure for failure to pay interest due on the Notes through March 31, 2004 has been cured.

  • On the same day, the Company, Chalco Mining and the Investors entered into the Chalco Mining Debt Conversion Agreements, respectively.

  • At any time prior to the receipt and acceptance of Debt Conversion Agreements from 100% of the subordinated note holders, ISSI may discontinue this offer by written notice.

  • Buyer also acknowledges that pursuant to these Debt Conversion Agreements any default by Electropure for failure to pay interest due on the Notes through March 31, 2003 has been cured.

  • Buyer also acknowledges that pursuant to these Debt Conversion Agreements any default by Electropure for failure to pay of interest due on the Term Note through March 31, 2002 has been cured.

  • Buyer also acknowledges that pursuant to these Debt Conversion Agreements any default by Electropure for failure to pay interest due on the Notes through June 30, 2003 has been cured.

  • Unless otherwise agreed between the Company and the Investors, the Investment Agreements, the Debt Conversion Agreements and the Proposed Capital Contribution shall be terminated and will not proceed if any of the conditions precedent set out above is not satisfied on or before 15 August 2018.

  • The Company shall keep Parent informed of any negotiations with third parties regarding the forgiveness or conversion of debt prior to the Closing Date, and shall provide Parent with copies of all documentation related to same, including copies of any Debt Conversion Agreements and other evidence regarding forgiveness, settlement, cancellation or conversion of the Company’s liabilities.

  • The Debt Conversion Agreements also contain a release by which the creditor releases all claims and possible claims against the Corporation.


More Definitions of Debt Conversion Agreements

Debt Conversion Agreements means, collectively, the Debenture Conversion Agreement and the Management Fee Debt Conversion Agreement.
Sample 1
Debt Conversion Agreements has the meaning set forth in Section 2.03(c)(v).
Sample 1

Related to Debt Conversion Agreements

  • Conversion Agreement shall have the meaning set forth in the Recitals.

  • Acquisition Agreements has the meaning specified in the Recitals.

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

  • Exchange Agreements means the GSK Exchange Agreement, the Pfizer Exchange Agreement and the SLP Exchange Agreement;

  • Equity Commitment Letters has the meaning set forth in Section 6.6(a).

  • New Convertible Notes means the Company’s 5.0% Senior Unsecured Convertible Notes due 2023.

  • Equity Commitment Letter has the meaning set forth in Section 5.5(a).

  • Equity Contribution Agreement means the Equity Contribution Agreement, to be dated as of the Closing Date, by and among Guarantor, Borrower and Administrative Agent.

  • Limited Condition Acquisition Agreement means, with respect to any Limited Condition Acquisition, the definitive acquisition documentation in respect thereof.

  • Exchange Agreement has the meaning set forth in the Recitals.

  • Redemption Agreement has the meaning set forth in the Recitals.

  • Investment Agreement shall have the meaning set forth in the Recitals hereto.

  • Collateral Acquisition Agreements means each of the agreements entered into by the Issuer in relation to the purchase by the Issuer of Collateral Debt Obligations from time to time.

  • Closing Date Acquisition Agreement shall have the meaning assigned to such term in the recitals hereto.

  • Alternative Acquisition Agreement has the meaning set forth in Section 5.3(d).

  • Equity Agreements has the meaning set forth in Section 5.1.

  • Acquisition Agreement means a letter of intent, agreement in principle, merger agreement, acquisition agreement, option agreement or other similar agreement.

  • 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).

  • Investment Agreements has the meaning set forth in the Recitals.

  • Debt Commitment Letters shall have the meaning set forth in Section 5.7(a), as supplemented by Section 6.11, as applicable.

  • 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.

  • Backstop Agreement has the meaning set forth in the recitals to this Agreement.

  • Transaction Agreement has the meaning set forth in the recitals.

  • Debt Commitment Letter has the meaning set forth in Section 6.6.

  • 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.

  • Company Acquisition Agreement has the meaning set forth in Section 5.04(a).