Exchange Convertible Bonds definition

Exchange Convertible Bonds means the U.S. dollar-denominated variable rate convertible bonds due 2019 issued by the Company pursuant to the terms of the Mandatorily Exchangeable Bonds and any Exchange Convertible Bond PIK Interest with respect thereto.
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Exchange Convertible Bonds means the convertible bonds to be issued by the
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Exchange Convertible Bonds means the convertible bonds due 31 December 2019 issued pursuant to the Automatic Exchange Transaction, with the rights set out in the table below.
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Examples of Exchange Convertible Bonds in a sentence

  • The conversion price may not be reduced so that, on conversion of the Exchange Convertible Bonds, Shares would fall to be issued at a discount to their par value.

  • The restructuring terms contemplate no impairment of the principal of offshore debts and upside sharing in the form of the Contingent Value Rights (‘ CVRs’) (for those allocated the New High Yield Notes (‘New HY Notes’)) and a reduced conversion price (for those allocated the Exchange Convertible Bonds (‘Exchange CBs’)).

  • Mr. Kwok Ying Shing is an executive Director and the Chairman of the board of the Company.The proposed issue of the Exchange Convertible Bonds and the issue of any Conversion Shares thereunder will not result in any change of control in the Company.

  • If any Future PIK Interest accrues (i.e. the Company does not elect to pay all interest in cash), upon a Bondholder exercising the conversion right attached to the relevant Exchange Convertible Bonds in respect of such Future PIK Interest, the Company will only issue the corresponding number of Conversion Shares so required for the settlement of such Future PIK Interest.

  • To the best of the Directors’ knowledge, information and belief, having made all reasonable enquiries, none of the Shareholders has any direct or indirect material interest in the issue of the Exchange Convertible Bonds and the allotment and issue of the Conversion Shares and accordingly, no Shareholder is required to abstain from voting on the resolutions to be proposed at the EGM.

  • Alongside of the laws and regulations, is the mounting research on the role of acute inpatient units as therapeutic, supportive care facilities, all of which embrace the philosophy of “recovery”.

  • Such 64,359,523 Conversion Shares represent approximately 1.25% of the existing issued share capital as at the date of this circular and 1.05% of the enlarged share capital as enlarged by the full conversion of all Exchange Convertible Bonds (including the principal amount of the Exchange Convertible Bonds issued in exchange for Mandatorily Exchangeable Bonds as at the Issue Date and the maximum Accrued PIK Interests as described in this sub-paragraph headed “Principal amount”).

  • Under the terms of the Mandatorily Exchangeable Bonds, upon satisfaction of the Mandatory Exchange Conditions, the Mandatorily Exchangeable Bonds will be automatically exchanged into the Exchange Convertible Bonds.

  • What he can deny is the thought that he is a slave to cigarettes.

  • Interests/ coupon#^: The outstanding, unconverted and unredeemed Exchange Convertible Bonds bear interest from (and including) the Issue Date, payable semi-annually in arrears on 30 June and 31 December (each, the “Interest Payment Date”) each year until the Maturity Date at the annualised rates specified in the tables below calculated by reference to the then outstanding principal amount of the Exchange Convertible Bond (for this purpose including any Accrued PIK Interest and Future PIK Interest).

Related to Exchange Convertible Bonds

  • 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);

  • 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.

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

  • Series C Warrants means, collectively, the Series C Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall vest and be exercisable ratably commencing on the exercise of the Series B Warrants held by the Purchaser (or its assigns) and have a term of exercise equal to 5 years from the date of issuance, in the form of Exhibit C attached hereto.

  • Company Convertible Securities means, collectively, any other options, warrants or rights to subscribe for or purchase any capital shares of the Company or securities convertible into or exchangeable for, or that otherwise confer on the holder any right to acquire any capital shares of the Company.

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

  • Series B Convertible Preferred Stock means the Series B Convertible Preferred Stock, $0.01 par value per share, of the Corporation.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Series A Convertible Preferred Stock means the Series A Convertible Preferred Stock, $0.001 par value per share, of the Corporation.

  • 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 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 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;

  • Mandatorily Convertible Securities means any mandatorily convertible equity-linked securities issued by the Borrower or its Subsidiary, so long as the terms of such securities require no repayments or prepayments and no mandatory redemptions or repurchases, in each case prior to at least 91 days after the later of the termination of the Commitments and the repayment in full of the Revolving Credit Advances and all other amounts due under this Agreement.

  • Series B Debentures means the $200 million aggregate principal amount of 4.903% Series B senior unsecured debentures of the Trust due July 5, 2023.

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

  • Class B Warrants means the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

  • Mandatorily Convertible Preferred Stock means cumulative preferred stock with (a) no prepayment obligation on the part of the issuer thereof, whether at the election of the holders or otherwise, and (b) a requirement that the preferred stock convert into Common Stock of the Corporation within three years from the date of its issuance at a conversion ratio within a range established at the time of issuance of the preferred stock.

  • Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Series D Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately upon issuance and have a term of exercise equal to five (5) years, in the form of Exhibit C attached hereto.

  • Series C Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series C, of the Company.

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.001 per share.

  • Exchange Debentures has the meaning set forth in Section 2(a) hereof.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

  • 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).