Examples of Convertible Note Indenture in a sentence
In the case of certain events of bankruptcy, insolvency or reorganization (as set forth in the Convertible Note Indenture) with respect to the Company, 100% of the principal of, and accrued and unpaid interest, if any, on, the Notes automatically become immediately due and payable.In the second quarter of 2018, the Company repurchased $10.6 million principal amount of Convertible Notes for cash.
Holders of the Convertible Notes are able to cause the Company to repurchase their Convertible Notes for cash on any of August 1, 2022, August 1, 2027 and August 1, 2032, in each case at 100% of their principal amount, plus accrued and unpaid interest to, but excluding, the relevant repurchase date.The Convertible Note Indenture contains customary terms and covenants and events of default.