Examples of Subordinated Convertible Notes in a sentence
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 following table provides examples of how changes in the Company’s stock price would require the inclusion of additional shares in the denominator of the weighted average shares outstanding – assuming dilution calculation for the Subordinated Convertible Notes.
The Subordinated Convertible Notes bear interest at a rate consistent with the Madryn Credit Facility, are convertible according to the terms of the Note Purchase Agreement and mature on the earlier of March 31, 2028, in the event of a change of control, acceleration of other indebtedness, or six months following repayment or refinancing of all loans under the Madryn Credit Facility.
She said that this Act rendered the meaning of equality "valueless".
The increase in interest income of $1.5 million resulted from higher cash balances which were obtained from the net proceeds relating to the 5.75% Subordinated Convertible Notes of $120 million private placement and follow-on public offering.