Examples of Subordinated Convertible Notes in a sentence
Net cash provided by financing activities primarily represents proceeds from the ISB Note and the Subordinated Convertible Notes, as defined below, and proceeds from the issuance of Georgia Notes and LROs to investors through the Groundfloor Platform, offset by repayments of Georgia Notes and LROs to investors.
As of the Effective Date, the Settling Noteholders shall receive the benefit of the releases contained in Article IX of this Plan in consideration of their agreement to waive any right to payment or Distribution on account of the Subordinated Convertible Notes.
The Secured Obligations are hereby designated as “Designated Senior Debt” for purposes of the 2008 Subordinated Convertible Notes and the 2008 Subordinated Convertible Notes Indenture.
This Note is one of a series of 12% Subordinated Convertible Notes in the aggregate principal amount of $13,250,000, of which $10,000,000 is being issued to Capitol American Life Insurance Company pursuant to a Securities Purchase Agreement dated as of April 11, 1997 ("Securities Purchase Agreement") and the balance are being issued to the Holder and other stockholders of the Maker in exchange for the surrender of certain promissory notes payable to them by the Maker.
The Modified Securities shall be known and designated as the “5.50% Senior Subordinated Convertible Notes due 2014” of the Company.