First Tranche Notes definition

First Tranche Notes means the $48.0 million in aggregate principal amount of Convertible Notes issued on October 7, 2020.
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First Tranche Notes has the meaning set forth in the Recitals.
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First Tranche Notes means senior secured guaranteed notes of an aggregate
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Examples of First Tranche Notes in a sentence

  • Closing: The consummation of the issue and purchase of the First Tranche Notes, the Second Tranche Notes and the Third Tranche Notes respectively shall be conducted on a date no later than three (3) Business Days after the fulfilment or waiver, by such Investor (as the case may be) of the conditions precedent as set out above.

  • The First Tranche Notes Issuance shall consist of First Tranche Notes simultaneously issued by the Issuer to each of the First Tranche Purchasers in accordance with their respective First Tranche Note Purchase Commitments.

  • The Company is of the view that these Investors, who have subscribed for the First Tranche Notes, enabled the Company to raise funds to repay the 2013 Indebtedness which was due in August 2016 and is therefore beneficial to the Company and its shareholders as a whole.

  • The 2.5% coupon rate is due semi-annually payable in arrears (the First Tranche Notes).

  • In December 2012, the Group issued the First Tranche Notes of RMB200 million (equivalent to HK$251,080,000) in the PRC with a tenor of one year, and carrying interest at a fixed rate of 5.2% per annum.

  • For the avoidance of doubt, the First Tranche Notes Issuance shall be in an aggregate principal amount of $55,000,000, the Second Tranche Notes Issuance shall be in an aggregate principal amount of $20,000,000 and the Third Tranche Notes Issuance shall be in a maximum aggregate principal amount of $25,000,000.

  • Amounts which are repaid on the First Tranche Notes may not be reborrowed.

  • The First Tranche Notes were subscribed, as to US$150,000,000 by Blooming Rose, as to US$30,000,000 by Heroic Day and as to US$10,000,000 by SPDBI.

  • Number of tasks by top sources (e) Mean relative task time of top sourcesFigure 27: Number of tasks, latency and trust distributions of sources Takeaway: Most of the tasks on the marketplace are performed by a small group of workers.

  • In consideration of the purchase of the First Tranche Notes, the Company issued First Tranche Warrants representing the aggregate amount of exercise moneys of US$20,000,000 (equivalent to approximately HK$156,000,000).


More Definitions of First Tranche Notes

First Tranche Notes means senior secured guaranteed notes of an aggregate amount of
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First Tranche Notes or “Second Tranche Notes,” as applicable, where the context requires;
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First Tranche Notes means a series of Contingent Convertible Capital Securities to be known as the Series 13 9.625% Non-Step-Up Non-Cumulative Contingent Convertible Perpetual Preferred Tier 1 Securities.
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First Tranche Notes means the Notes issued pursuant to Section 2.1.1(a) on the First Tranche Closing Date.
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First Tranche Notes mean convertible promissory notes of the Company, substantially in the form attached hereto as Exhibit A, having an aggregate principal amount equal to the First Tranche Note Amount and having an initial conversion price equal to the First Tranche Conversion Price.
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First Tranche Notes means the first Tranche of Notes to be issued by the Pledgor pursuant to the Prospectus;
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Related to First Tranche Notes

  • First Tranche means the amount of the Loan allocated to the category entitled “First Tranche” in the table set forth in Part B of Section II of Schedule 1 to this Agreement.

  • Bridge Notes means the series of notes, of which this Note is a part, dated on or about the date hereof, each of which are identical, other than the date of the Note, identity of the Holder and principal amount of this Note.

  • Subsequent Notes means any Notes issued after the First Issue Date on one or more occasions.

  • Revolving Notes means the promissory notes of the Borrower in favor of each of the Lenders evidencing the Revolving Loans provided pursuant to Section 2.1(e), individually or collectively, as appropriate, as such promissory notes may be amended, modified, supplemented, extended, renewed or replaced from time to time.

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

  • Second Tranche means the amount of the Financing allocated to the category entitled “Second Tranche” in the table set forth in Part B of Section II of Schedule 1 to this Agreement.

  • Tranche B Notes means the promissory notes, if any, of the Borrower in favor of each Tranche B Lender provided pursuant to Section 2.4(f) or Section 2.5(f) and evidencing the Tranche B Loans of such Tranche B Lender, individually or collectively, as appropriate, as such promissory notes may be amended, modified, restated, supplemented, extended, renewed or replaced from time to time.

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

  • Bridge Loans means the Loans (as defined in the Bridge Credit Agreement).

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • 2014 Notes means (i) the 4.850% Senior Secured Notes due 2024 issued by the Issuer on March 18, 2014 and (ii) the 4.45% Senior Secured Notes due 2025 and the 5.45% Senior Secured Notes due 2034 issued by the Issuer on August 21, 2014.

  • Tranche A Notes is defined in Section 1.1.

  • Commercial Paper Notes means short-term promissory notes issued or to be issued by a Conduit Purchaser to fund its investments in accounts receivable or other financial assets.

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

  • Class E Notes has the meaning assigned to such term in the Indenture.

  • Senior Notes means $500,000,000 in aggregate principal amount of the Borrower’s 6.75% senior unsecured notes due 2025 issued pursuant to the Senior Notes Indenture on the Closing Date.

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Refinancing Notes means any secured or unsecured notes or loans issued by the Borrower or any Subsidiary Loan Party (whether under an indenture, a credit agreement or otherwise) and the Indebtedness represented thereby; provided, that (a) (i) 100% of the Net Proceeds of such Refinancing Notes that are secured on a pari passu basis with the Term B Loans are used to permanently reduce Loans and/or replace Commitments substantially simultaneously with the issuance thereof or (ii) 90% of the Net Proceeds of any other Refinancing Notes are used to permanently reduce Loans and/or replace Commitments substantially simultaneously with the issuance thereof; (b) the principal amount (or accreted value, if applicable) of such Refinancing Notes does not exceed the principal amount (or accreted value, if applicable) of the aggregate portion of the Loans so reduced and/or Commitments so replaced (plus unpaid accrued interest and premium (including tender premiums) thereon and underwriting discounts, defeasance costs, fees, commissions and expenses); (c) the final maturity date of such Refinancing Notes is on or after the Term Facility Maturity Date or the Revolving Facility Maturity Date, as applicable, of the Term Loans so reduced or the Revolving Facility Commitments so replaced; (d) the Weighted Average Life to Maturity of such Refinancing Notes is greater than or equal to the Weighted Average Life to Maturity of the Term Loans so reduced or the Revolving Facility Commitments so replaced, as applicable; (e) in the case of Refinancing Notes in the form of notes issued under an indenture, the terms thereof do not provide for any scheduled repayment, mandatory redemption or sinking fund obligations prior to the Term Facility Maturity Date of the Term Loans so reduced or the Revolving Facility Maturity Date of the Revolving Facility Commitments so replaced, as applicable (other than customary offers to repurchase or mandatory prepayment provisions upon a change of control, asset sale or event of loss and customary acceleration rights after an event of default); (f) the other terms of such Refinancing Notes (other than interest rates, fees, floors, funding discounts and redemption or prepayment premiums and other pricing terms), taken as a whole, are substantially similar to, or not materially less favorable to the Borrower and its Subsidiaries than the terms, taken as a whole, applicable to the Term B Loans (except for covenants or other provisions applicable only to periods after the Latest Maturity Date in effect at the time such Refinancing Notes are issued or are otherwise reasonably acceptable to the Administrative Agent), as determined by the Borrower in good faith (or, if more restrictive, the Loan Documents are amended to contain such more restrictive terms to the extent required to satisfy the foregoing standard); (g) there shall be no obligor in respect of such Refinancing Notes that is not a Loan Party; and (h) Refinancing Notes that are secured by Collateral shall be subject to the provisions of a Permitted Pari Passu Intercreditor Agreement or a Permitted Junior Intercreditor Agreement, as applicable.

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Term Notes means the promissory notes of the Borrower in favor of each of the Lenders evidencing the portion of the Term Loan provided pursuant to Section 2.2(d), individually or collectively, as appropriate, as such promissory notes may be amended, modified, restated, supplemented, extended, renewed or replaced from time to time.

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Tranche 2 has the meaning set forth in Section 2.2(a)(ii).

  • Class A-2 Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • 2016 Notes means the aggregate principal amount of US$460,000,000 of 4.25% Convertible Senior Notes Due 2016 issued pursuant to the 2016 Note Indenture.

  • Optional Purchase Percentage means 5%.