Term B Loans Conversion Shares definition

Term B Loans Conversion Shares shall be an amount of shares of New Common Stock equal to (i)(A) the Required Combined Offering and Conversion Amount, divided by (B) the Rights Offering Subscription Price, minus (ii) the number of Rights Offering Subscribed Shares.
Term B Loans Conversion Shares means an amount of New Common Units equal to (i) (A) the Required Combined Offering and Conversion Amount, divided by (B) the Rights Offering Subscription Price, minus (ii) the number of Rights Offering Subscribed Shares, subject to dilution by the Warrants and the New MIP Common Units, representing a number of units not less than 35.64% and not more than 84.19% of the total New Common Units.
Term B Loans Conversion Shares means an amount of shares of New Common Stock equal to (i) (A) the Required Combined Offering and Conversion Amount, divided by (B) the Rights Offering Subscription Price, minus (ii) the number of Rights Offering Subscribed Shares, subject to dilution by the Warrants and the New MIP Common Stock, representing a number of shares not less than 35.64% and not more than [46.79]%84.19% of the total New Common Stock.

Related to Term B Loans Conversion Shares

  • Term Loan Conversion Date means the Termination Date on which all Revolving Credit Advances outstanding on such date are converted into a term loan pursuant to Section 2.06.

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

  • Term B Loans means (a) the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a), and (b) any Incremental Term Loans in the form of Term B Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(c).

  • Commitment Shares shall have the meaning set forth in Section 12.04.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • New Convertible Notes means the Company’s 5.0% Senior Unsecured Convertible Notes due 2023.

  • Existing Convertible Notes means any convertible notes or other convertible debt securities of the Company outstanding on the date of this Agreement.

  • Bridge Loans means the “Loans” as defined in the Bridge Credit Agreement.

  • Term B-1 Loans has the meaning specified in Section 2.01(a)(ii).

  • Conversion Share means any share of Common Stock issued or issuable upon conversion of any Note.

  • Conversion Securities has the meaning set forth in Section 4.08(b).

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

  • Series B Conversion Price means, as of the applicable Conversion Date, the greater of (A) the average of the Market Values of the Common Stock for the five consecutive Trading Days preceeding (but not including) such Conversion Date, or (B) the then effective Series B Minimum Conversion Price.

  • Company Convertible Notes means the convertible notes issued by the Company pursuant to the convertible note purchase agreement by and among the Company, PA Grand Opportunity Limited and other investors named therein dated June 6, 2016, as amended on June 13, 2016.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Term B Loan Commitment means the obligation of the Term B Lenders to make a Term B Loan on the Closing Date in an aggregate principal amount equal to $850,000,000. The Term B Loan Commitment on the Closing Date is $850,000,000.

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Bridge Notes means the series of notes, of which this Note is a part, dated on or about the date hereof, each of which are identical, other than the date of the Note, identity of the Holder and principal amount of this Note.

  • Term A Loans has the meaning specified in Section 2.01(b).

  • Conversion Shares means, collectively, the shares of Common Stock issuable upon conversion of the shares of Preferred Stock in accordance with the terms hereof.

  • Term B Loan is defined in Section 2.2(a)(ii) hereof.

  • Conversion Stock means shares of Common Stock issued upon conversion of the Preferred Stock.

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.

  • Term Loan has the meaning specified in Section 2.01(b).

  • Bridge Note means a promissory note made by the Borrowers in favor of a Bridge Lender evidencing Bridge Loans made by such Bridge Lender substantially in the form of Exhibit E-2.

  • Continuation/Conversion Date means the date on which a Loan is converted into or continued as a LIBOR Rate Loan.