Original Issue Date definition
Examples of Original Issue Date in a sentence
For purposes of this Section 4.13(b)(iii), if the terms of any option or Ordinary Share Equivalent that was outstanding as of the Original Issue Date are increased or decreased in the manner described in the immediately preceding sentence, then such option or Ordinary Share Equivalent and the Ordinary Shares deemed issuable upon exercise, conversion or exchange thereof shall be deemed to have been issued as of the date of such increase or decrease.
The outstanding principal amount of this Debenture shall bear interest on the aggregate unredeemed and then outstanding amount of this Debenture at the rate of 10% per annum; provided, however, that in case of an Event of Default, the interest rate shall be at the rate of 18%, retroactively as of the Original Issue Date.
Interest shall be calculated on the basis of a 365-day year, and shall accrue quarterly commencing on the Original Issue Date until payment or conversion in full of this Debenture together with all accrued and unpaid interest.