Convertible Debt means Debt issued by the Borrower which by its terms may be converted into or exchanged for equity securities of the Borrower at the option of the Borrower or the holder of such Debt, including without limitation, Debt with respect to which the performance due by the Borrower may be measured in whole or in part by reference to the value of an equity security of the Borrower but may be satisfied in whole or in part in cash.
Convertible Debt means Indebtedness of the Company (which may be Guaranteed by the Guarantors) permitted to be incurred hereunder that is either (a) convertible or exchangeable into common stock of Parent (and cash in lieu of fractional shares) and/or cash (in an amount determined by reference to the price of such common stock) or (b) sold as units with call options, warrants or rights to purchase (or substantially equivalent derivative transactions) that are exercisable for common stock of Parent and/or cash (in an amount determined by reference to the price of such common stock).
Convertible Debt means any convertible subordinated debentures or notes issued by the Covenantor or CPRC which have all of the following characteristics:
Examples of Convertible Debt in a sentence
As of the date of this Agreement, other than zero shares of Buyer Common Stock reserved for issuance pursuant to Buyer’s stock option plan listed in Schedule 5.23(a), (the “Buyer SOP”) and 28,804,500 shares reserved for issuance upon the exercise of the Buyer Warrants, and the shares reserved for issuance upon the [ ] Convertible Debt and the [ ] Convertible Debt, Buyer has no shares of its capital stock reserved for issuance.
Unless otherwise agreed by the Company, there will be no Short- Term Debt or other Indebtedness of the NAC Companies as of the Closing that are Convertible Securities, including the [ ] Convertible Debt and the [ ] Convertible Debt.
Except for the Buyer Warrants, the [ ] Convertible Debt and the [ ] Convertible Debt, and as otherwise set forth on Schedule 5.3, there are no Convertible Securities of Buyer.
More Definitions of Convertible Debt
Convertible Debt means unsecured Indebtedness that is convertible into Equity Interests of the Borrower and/or settled through the payment of Cash (which may be guaranteed by any or all of the Subsidiary Guarantors).
Convertible Debt means Indebtedness of the Borrowers (which may be guaranteed by the Guarantors) permitted to be incurred under the terms of this Agreement that is (i) either (a) convertible into common stock of the Company (and cash in lieu of fractional shares) and/or cash (in an amount determined by reference to the price of such common stock) or (b) sold as units with call options, warrants or rights to purchase (or substantially equivalent derivative transactions) that are exercisable for common stock of the Company and/or cash (in an amount determined by reference to the price of such common stock) and (ii) subordinated to the Obligations on terms customary at the time for convertible subordinated debt securities.
Convertible Debt means, any Debt of the Borrower that is convertible into, or exchangeable for, common stock in the Borrower (or other securities and/or property that such Debt is convertible or exchangeable into in accordance with the terms thereof), cash (such amount of cash determined by reference to the price of such common stock, or such other securities and/or property), or any combination of any of the foregoing, and cash in lieu of fractional shares of common stock.
Convertible Debt means debt securities or other Indebtedness, the terms of which provide for conversion into, or exchange for, Equity Interests (other than Disqualified Equity Interests) of Holdings or any other Loan Party, cash in lieu thereof or a combination of Equity Interests and cash in lieu thereof.
Convertible Debt means debt securities issued by the Company that are convertible into common stock of the Company.
Convertible Debt means the Company's 6-3/4% Convertible Subordinated Notes due 2006.
Convertible Debt means Indebtedness of a Person that is convertible or exchangeable into Capital Stock of such Person (and cash in lieu of fractional shares) and/or cash (in an amount determined by reference to the price of such Capital Stock).