Senior Secured Convertible Note definition

Senior Secured Convertible Note means any Senior Secured Convertible Notes issued pursuant to the Securities Purchase Agreement.
Senior Secured Convertible Note has the meaning set forth in the Recitals.
Senior Secured Convertible Note means with the principal terms and conditions provided under Exhibit B.

Examples of Senior Secured Convertible Note in a sentence

  • The undersigned hereby elects to convert principal under the Original Issue Discount Senior Secured Convertible Note due ______ __, 2013 of Magnolia Solar Corporation, a Nevada corporation (the “Company”), into shares of common stock (the “Common Stock”), of the Company according to the conditions hereof, as of the date written below.

  • The undersigned hereby elects to convert the principal amount of the Senior Secured Convertible Note issued by ONTRAK, INC.

  • Each of the Senior Secured Note, the Senior Secured Convertible Note and the Additional Investment Note provide, and any other Principal Notes purchased by the Secured Party may provide, for interest to be paid in kind in the form of additional secured promissory notes (the “Additional Promissory Notes”, and together with the Principal Notes, the “Promissory Notes”).

  • The Buyer hereby agrees to purchase from the Company a 6% Senior Secured Convertible Note due 2001 in the principal amount set forth on the signature page of this Agreement, having the terms and conditions in the form thereof attached hereto as ANNEX I (the "Note") for the aggregate purchase price set forth on the signature page of this Agreement (the "Purchase Price").

  • The Borrower has issued to SCP a Senior Secured Convertible Note in the principal amount of $4,000,000 (the "SCP Note"), and the Borrower has issued to TECORE a Senior Secured Convertible Note in the principal amount of $12,000,000 (the "TECORE Note") and, together with the SCP Note, the "Convertible Notes").

  • Pursuant to the terms of an 8% Senior Secured Convertible Note by and between the Debtor and each Holder (as amended, restated, supplemented or otherwise modified, the “Note” and collectively, the “Notes”; capitalized terms used in this Agreement shall have the meanings set forth in the Note unless specifically defined herein), the Holders have agreed to make loans to the Debtor (the “Loans”), as offered by that certain Private Placement Memorandum dated _______________, 2008 (the “Offering”).

  • CVSL issued that certain 9.75% Senior Secured Convertible Note (the “Note”) in the aggregate original principal amount of $4,000,000 to Dominion (or its registered assigns) on November 20, 2016.

  • Subject to the terms and conditions of this Agreement, at the Closing, AIRNET will issue and sell to each of the INVESTORS one (1) Senior Secured Convertible Note (a "Note"), and each INVESTOR will subscribe for and purchase one (1) such Note from AIRNET.

  • The undersigned hereby elects to convert principal under the 6% Senior Secured Convertible Note (the “Note”) due April 15, 2015 of GrowLife, Inc.

  • This Warrant is being issued in connection with the purchase of a 10% Senior Secured Convertible Note due [ ], 2022 (the “Note”) of the Company pursuant to that certain Securities Purchase Agreement, dated [ ], 2021 (the “Purchase Agreement”) between the Company and the Holder.


More Definitions of Senior Secured Convertible Note

Senior Secured Convertible Note. “thereto”, “thereof”, “thereunder” or words of like import referring to the Note shall mean the Note as amended by this Amendment, and (ii) confirms and agrees that to the extent that any Transaction Document purports to assign or pledge to Castlerigg, individually and in its capacity as collateral agent for the Buyers party to the Securities Purchase Agreement, or to grant to Castlerigg, individually and in its capacity as collateral agent for the Buyers party to the Securities Purchase Agreement, a security interest in or Lien on, any Collateral (as defined in the Security Agreement dated as of December 31, 2007 by and among the Company and the subsidiaries of the Company signatories thereto in favor of Castlerigg individually and as collateral agent for the Buyers party to the Securities Purchase Agreement (the “Security Agreement”)) as security for the Company’s obligations under the Securities Purchase Agreement, the Note and the Transaction Documents, as the case may be, of the Company or any Guarantor (as defined in the Security Agreement) from time to time existing in respect of the Note (as amended hereby) and the other Transaction Documents, such pledge, assignment and/or grant of the security interest or Lien is hereby ratified and confirmed in all respects. This Amendment may only be modified or amended by a written agreement executed by Parties. Each Party hereby acknowledges and agrees that this Amendment constitutes a “Transaction Document” under the Note.
Senior Secured Convertible Note means the secured convertible promissory note dated on or about the date of this Deed between, among others, the Collateral Agent, the Original Lender, the Parent and the Borrower.
Senior Secured Convertible Note. Instrument (July 23)” mean the secured convertible promissory note instrument dated 31 July 2023 (as amended from time to time) between, amongst others, S▇▇▇▇▇ Hospitality PLC and Osprey Investments Limited as lender.