Mandatory Convertible Notes definition

Mandatory Convertible Notes means any Indebtedness of a Person, the principal amount of which is payable at maturity solely in Capital Stock of such Person (provided that a requirement to pay accrued, but unpaid, interest on such Indebtedness in cash at maturity or a requirement to pay cash fees, expenses or premiums as a result of the acceleration of payment, early redemption or otherwise with respect to such Indebtedness shall not disqualify such Indebtedness as Mandatory Convertible Notes).

Mandatory Convertible Notes means the 5% mandatory convertible senior notes due 2024 issued pursuant to the Mandatory Convertible Notes Indenture.

Mandatory Convertible Notes means any Debt of a Person, the principal amount of which is payable at maturity solely in Capital Stock of such Person (provided that a requirement to pay accrued, but unpaid, interest on such Debt in cash at maturity or a requirement to pay cash fees, expenses or premiums as a result of the acceleration of payment, early redemption or otherwise with respect to such Debt shall not disqualify such Debt as Mandatory Convertible Notes).

Examples of Mandatory Convertible Notes in a sentence

• The yield to maturity on both the 2017 Notes and the 2011 Mandatory Convertible Notes using the effective interest method are 10.00%.

• The redemption amounts, expressed as a percentage of the face value are as follows: October 18, 2010 to September 14, 2014 110.00% September 15, 2014 to September 14, 2015 105.00% September 15, 2015 to September 14, 2016 102.50% September 15, 2016 to maturity 100.00% The 2011 Mandatory Convertible Notes have been presented entirely as a financial liability.

• Management’s Discussion and Analysis The 2011 Mandatory Convertible Notes are redeemable, in whole or in part, prior to maturity at face value.

• If, prior to the Prepayment DeadlineCompton completes an equity offering, the net proceeds of such offering must be used to redeem Mandatory Convertible Notes for cash at a price of par plus accrued interest to the date of such redemption.

• The Mandatory Convertible Notes may be prepaid at any time prior to the Prepayment Deadline in cash at par plus accrued interest.

More Definitions of Mandatory Convertible Notes

Mandatory Convertible Notes means any Indebtedness of a Person, the principal amount of which is payable at maturity solely in Capital Stock of such Person (provided that a requirement to pay accrued, but unpaid interest on such Indebtedness in cash at maturity or a requirement to pay cash fees, expenses or premiums as a result of the acceleration of payment, early redemption or otherwise with respect to such Indebtedness shall not disqualify such Indebtedness as Mandatory Convertible Notes).

Mandatory Convertible Notes means up to US$2.25 billion principal amount of 6% mandatorily convertible subordinated notes due 2016 that are mandatorily convertible into new or existing ordinary shares of Common Stock issued by Borrower.

Mandatory Convertible Notes means an aggregate principal amount of $45.0 million 10% senior unsecured notes due September 15, 2011 to be issued by Compton Finance pursuant to the Mandatory Convertible Note Indenture;

Mandatory Convertible Notes means the $45,000,003 aggregate principal amount (excluding accrued and unpaid non-cash-pay interest) of 10% senior notes due September 15, 2011 issued by Compton Finance pursuant to the Mandatory Convertible Note Indenture;

Mandatory Convertible Notes means the 10% senior unsecured notes due September 15, 2011 to be issued by Xxxxxxx Finance pursuant to the Mandatory Convertible Note Indenture;

Mandatory Convertible Notes means the 10% senior unsecured notes due September —, 2011 to be issued by the Issuer pursuant to an indenture dated October —, 2010 among the Issuer, the Parent Guarantor, the Subsidiary Guarantors, and the Trustee.

Mandatory Convertible Notes means the 4.7% Senior Secured Mandatory Convertible Notes of the Borrower due 2008 issued pursuant to the Mandatory Convertible Notes Indenture.