Existing Convertible Securities definition

Existing Convertible Securities means any securities convertible into, or carrying the right to subscribe for, shares in the Company that are outstanding as at the date of this Agreement (including any existing convertible loan notes, advance subscriptions, simple agreements for future equity, promissory notes or similar);
Existing Convertible Securities means Convertible Securities issued prior to, and outstanding on the date hereof, other than any Convertible Securities issued pursuant to director, officer or employee equity compensation plans or arrangements;
Existing Convertible Securities means the Liquid Yield Option Notes due 2020 of the Company in aggregate principal amount at maturity outstanding and as in effect on the Issue Date.

Examples of Existing Convertible Securities in a sentence

  • The Company will at all times reserve and keep available, solely for issuance and delivery on the exercise of the Warrants, 610,000 shares of Common Stock, provided that the number of shares of Common Stock reserved with respect to this Warrant shall be increased at the written request of the holder hereof by an amount mutually agreed to by the holder and the Company based on the number of Existing Convertible Securities then outstanding and the market price of the Common Stock of the Company.

  • Assuming all the Existing Convertible Securities remain unexercised (the “Scenario A”), the unaudited pro forma adjusted consolidated net tangible liabilities of the Group attributable to Shareholders would decrease to approximately US$16.27 million immediately after the Rights Issue as a result of the inflow of the estimated net proceeds of approximately US$4.79 million from the Rights Issue.

  • Notwithstanding the foregoing, solely for purposes of calculating the Consolidated Leverage Ratio and the Consolidated Debt to Capitalization Ratio, “Indebtedness” shall be deemed not to include the Existing Convertible Securities to the extent cash in respect of the conversion and settlement of such Existing Convertible Securities has been deposited with the trustee thereof.

  • The proceeds of the Loans made on the Closing Date shall be used to finance a portion of the Acquisition, and the proceeds of the Loans made on the Delayed Draw Loan Date shall be used to refinance, in whole or in part, the Existing Convertible Securities and, in each case, to pay related fees and expenses.

  • The proceeds of the Term Loans shall be used to finance a portion of the Acquisition and to refinance, in whole or in part, the Existing Convertible Securities and, in each case, to pay related fees and expenses; provided, that the proceeds of any Incremental Term Loans shall be used for general corporate purposes.


More Definitions of Existing Convertible Securities

Existing Convertible Securities means each outstanding convertible promissory note, warrant and option of the Company set forth on Schedule I.
Existing Convertible Securities means the following securities of the U.S. Borrower (f/k/a/ Invitrogen Corporation): $450,000,000 1.5% convertible senior notes due 2024.
Existing Convertible Securities the Target’s (a) Floating Rate Contingent Convertible Senior Notes Due 2024 and (b) 3.75% Contingent Convertible Senior Notes due 2023, in each case issued prior to the Closing Date.
Existing Convertible Securities refers to all securities of the Company outstanding on the date hereof that are convertible into or exercisable or exchangeable for Common Stock, including, without limitation, any convertible preferred stock, warrants and options, and any convertible, exercisable or exchangeable securities issued after the date hereof in exchange for or in replacement of or pursuant to the terms of any Existing Convertible Securities.
Existing Convertible Securities means Convertible Securities issued prior to, and outstanding on, the Closing Date;
Existing Convertible Securities means any outstanding options, performance rights or convertible notes issued by the Company;
Existing Convertible Securities means any securities convertible into, or carrying the right to subscribe for, shares in the Company that are outstanding as at the date of this Agreement (including