Examples of Existing Convertible Debentures in a sentence
The Loans and other Secured Indebtedness hereunder are “Bank Indebtedness,” “Senior Indebtedness” and “Designated Senior Indebtedness” under both the Existing Subordinate Notes and the Existing Convertible Debentures, and this Agreement is a “Senior Secured Credit Agreement” under the Existing Subordinate Notes and one of the “Combined Credit Agreements” under the Existing Convertible Debentures.
The Guarantees by the U.S. Guarantors of the Loans and other Secured Indebtedness hereunder are “Bank Indebtedness,” “Senior Indebtedness” and “Designated Senior Indebtedness” under both the Existing Subordinate Notes and the Existing Convertible Debentures, and this Agreement is a “Senior Secured Credit Agreement” under the Existing Subordinate Notes and one of the “Combined Credit Agreements” under the Existing Convertible Debentures.
The Existing Convertible Debentures were initially issued by the Company to the Debt Holder on April 17, 2000 in a private placement exempt from registration pursuant to Section 4(2) under the Securities Act.
Whitebox and Linden Capital L.P., as holders of a majority of the aggregate principal amount of the Existing Convertible Debentures, shall deliver to the Borrower, and agree not to revoke, executed Letters of Consent, substantially in the form attached hereto as Exhibit D, with respect to a majority of the aggregate principal amount of the Existing Convertible Debentures.
Trump December 16, 2002 Page 2 Issuance Price less than the then current market value per share at the time of such issuance (“Market Value”), then the Conversion Price shall be reduced (but not below $.001 per share) by an amount equal to the difference between the Market Value and the Issuance Price.” Except as set forth above, the terms and conditions of the Existing Convertible Debentures, as extended so as to mature on January 15, 2004, shall remain unmodified and in full force and effect.
Within 90 days following the Effective Date, the Borrower shall repurchase or redeem all its issued and outstanding Existing Convertible Debentures.