Examples of Vendor Loan Notes in a sentence
It is assumed that the Vendor Loan Notes (as defined in the WTT Merger Announcement) have not been converted.
In full satisfaction of the Vendor Loan Notes, we paid £10,000,000 in cash and issued 266,984 shares of Hain Celestial common stock, par value $0.01 per share, to certain of the Sellers and their related parties.
It is also assumed that the Vendor Loan Notes (as defined in the WTT Merger Announcement) have not been converted in full.
Note (b): The Vendor Loan Notes may be converted into new ordinary shares to be issued by the Company at initial conversion price of $11.60 per share pursuant to the terms and conditions of the Vendor Loan Notes.
Liquidnet Vendor Loan Notes Due March 2024In March 2021, as part of the purchase consideration of Liquidnet, the Group issued $50m (£42m at year end exchange rates) unsecured Loan Notes due March 2024.