Examples of Convertible Loans in a sentence
The Convertible Loans are divided between a liability component and an equity component.
Niehaus (2014) and Barnes, Bohn, and Martin (2015) provide different examples of how these data, in aggregate, can be grouped by different types of affiliates (life, health, or PC insurers, non-insurance affiliate, parents, non- insurance parents, etc.) to show the net transfers to and from particular types of affiliates.
The Convertible Loans contain conversion and change of control rights that are separately measured at FVTPL each reporting period (level 3).
Convertible Loans On 21 September 2014, the Company had entered into a convertible loans agreement (“CLA”) with certain individuals (the “Lenders”), for the grant by the Lenders of interest-bearing convertible loans of up to$20,000,000 in aggregate principal amount to the Company.
The Convertible Loans Payable had an extension option to mature on October 1, 2019 with interest payable at 18% per annum upon election by the Company.