Outstanding Convertible Notes definition

Outstanding Convertible Notes means the aggregate Existing Convertible Notes and New Convertible Notes outstanding immediately after the Closing as defined in the Master Transaction Agreement.

Outstanding Convertible Notes means those Convertible Notes that remain outstanding after the Funding Date in an aggregate principal amount not to exceed $275,000 plus accrued and unpaid interest.

Outstanding Convertible Notes means 6.00% convertible subordinated notes due February 2007, issued by the Company pursuant to the indenture dated February 1, 2000, outstanding on the Closing Date.

Examples of Outstanding Convertible Notes in a sentence

• Notwithstanding the foregoing, the Company may redeem all of the Outstanding Convertible Notes, including this Convertible Note, at a Redemption Price equal to the Accreted Value, plus any accrued and unpaid interest to the Redemption Date if at any time the aggregate principal amount of the Convertible Notes Outstanding is less than 5% of the aggregate principal amount of the Convertible Notes issued pursuant to the Indenture.

• Notwithstanding any provision of this Indenture to the contrary, the Company may not effect legal defeasance or covenant defeasance of the Notes unless it adequately provides for the same for all Outstanding Convertible Notes by means which are satisfactory to the holders of a majority of the aggregate principal amount of the Outstanding Convertible Notes.

• Each Investor will purchase from the Company (i) the number of Shares set forth next to such Investor’s name on Schedule I at a price of U.S. $2.30 per Share (the “Share Price”) and (ii) the Warrants in exchange, for the aggregate principal amount of Outstanding Convertible Notes set forth next to such Investor’s name on Schedule I.

• At the Initial Closing, each Investor shall pay the Company the applicable Total Purchase Price by Exchange of the aggregate principal amount of the Outstanding Convertible Notes as set forth next to such Investor’s name on Schedule I-A hereto.

• The Company shall have received payment by the Exchange of the aggregate principal amount of the Outstanding Convertible Notes as set forth next to such Investor’s name on Schedule I-A or I-B hereto, as applicable, in the full amount of the applicable Total Purchase Price for the number of Securities being purchased by such Investor at the applicable Closing, as set forth next to such Investor’s name on Schedule I-A or I-B hereto, as applicable.

• The sale and purchase of the Shares and the Warrants to each Investor shall constitute a separate sale and purchase hereunder and the Exchange of Outstanding Convertible Notes by each Investor shall constitute a separate Exchange hereunder.

• At the Second Closing, each Investor shall pay the Company the applicable Total Purchase Price by Exchange of the aggregate principle amount of the Outstanding Convertible Notes as set forth next to such Investor’s name on Schedule I-B hereto.

• FINANCIAL REVIEW (CONTINUED) Outstanding Convertible Notes (continued) (3) 2017 Convertible Note 2 (“2017CN2”) (continued) On 18 October 2017, Goodco Development Limited exercised partially the conversion rights attached to the 2017CN2 for the amount of HK$16,920,000 and 282,000,000 conversion shares of the Company were issued and allotted on 18 October 2017.

• The Outstanding Convertible Notes has been cancelled with effect from Closing.

• FINANCIAL REVIEW (CONTINUED) Outstanding Convertible Notes (1) 2015 Convertible Note (“2015CN”) During the Period, 2015CN had been further amended.

More Definitions of Outstanding Convertible Notes

Outstanding Convertible Notes means those certain promissory notes issued pursuant to the Third Amended and Restated Note Purchase Agreement (as defined below), as such promissory notes may be amended from time to time.

Outstanding Convertible Notes means (a) an aggregate of $420,000 of principal amount unsecured convertible promissory notes issued by the Company to Xxxxxx, XxXxxxxx & Partners, L.P., TMP Nominee, LLC and TMP Associates, L.P. between June 20, 2007 and September 27, 2007, plus accrued and unpaid interest thereunder and (b) an aggregate amount of $200,500 of principal amount unsecured convertible promissory notes that contemplate, in the aggregate, the issuance of up to 200,500 shares of Series B Preferred Stock upon conversion of such notes which will be issued pursuant to those certain letter agreements by and between the Corporation and each of Xxxxxx X. Xxxxxx, Ph.D., Xxxxxx X. Xxxxxxxx and Xxxxxx X. Xxxxxx dated June 28, 2007 in respect of deferred salary.

Outstanding Convertible Notes has the meaning set forth in Recital D.