2.25% Convertible Notes definition
Examples of 2.25% Convertible Notes in a sentence
In connection with the foregoing, Verizon expressly reserves all of its rights under the Bankruptcy Code and Applicable Law to seek or oppose any relief in respect of the assumption, assumption and assignment, or rejection of any interconnection or resale agreements between Verizon and Advent.
As of the Agreement Date, there is currently $18.278 million aggregate principal amount of 2.25% Convertible Notes outstanding.
On December 10, 2013, Borrower issued $86.3 million aggregate principal amount of 2.25% Convertible Notes.
The initial conversion rate of the 2.25% Convertible Notes is 41.6051 shares of Common Stock per $1,000 principal amount of 2.25% Convertible Notes, which represents an initial conversion price of approximately $24.04 per share.
This Agreement is entered into in connection with the Purchase Agreement, dated September 28, 1999, between the Company and the Initial Purchasers (the "Purchase Agreement"), which provides for the issuance and sale by the Company to the Initial Purchasers of the Company's 6.25% Convertible Notes Due 2009 ("Standard Notes") and its 2.25% Convertible Notes Due 2009 ("Discount Notes" and, collectively, the "Convertible Notes").
Additional Capped Call Confirmation, dated December 5, 2013, between the Borrower and Bank of America, N.A. The capped call transactions contemplated by the documents listed above relate to the 2.25% Convertible Notes.
The proceeds of the Disbursements were or will be used solely (i) to refinance certain of the existing Indebtedness (including a certain amount of the existing 2.25% Convertible Notes), (ii) to provide funds for the Borrower’s working capital and general corporate purposes, and (iii) to pay a portion of the fees, costs and expenses related to the Prior Facility Agreement and this Agreement.
The Obligations constitute “Designated Senior Indebtedness” or any similar designation under and as defined in any agreement governing any subordinated Indebtedness (including, without limitation, in the 2.25% Convertible Notes Documents and in the 4.0625% Convertible Notes Documents).
The proceeds of the Term Loans shall be used (i) to refinance any indebtedness and any other amounts outstanding under the Existing Credit Agreement, (ii) in the case of the Delayed Draw Facility, to redeem, repurchase or refinance the 2.25% Convertible Notes and (iii) for general corporate purposes (including working capital, capital expenditures, Permitted Acquisitions and dividends on and repurchases of Capital Stock of the Parent Borrower).
The proceeds of the Disbursement will be used solely (i) to refinance certain of the existing Indebtedness (including a certain amount of the existing 2.25% Convertible Notes and all outstanding obligations under the Existing ABL Credit Facility and the Existing ABL Debt Documents), (ii) to provide funds for the Borrower’s working capital and general corporate purposes, and (iii) to pay a portion of the fees, costs and expenses related to this Agreement.