Convertible Noteholder definition
Examples of Convertible Noteholder in a sentence
Current VASCO and the Convertible Noteholder each acknowledges and agrees that this Agreement does not affect any rights or claims the Convertible Noteholder may have against VASCO arising out of any matter or transaction arising from and after the date of the Prospectus.
In lieu of the issuance of any such fractional share, Acquiror shall pay to each former Company Stockholder or Company Convertible Noteholder who otherwise would be entitled to receive such fractional share an amount in cash, without interest, rounded down to the nearest cent, equal to the product of (i) the amount of the fractional share interest in a share of Acquiror Common Stock to which such holder otherwise would have been entitled but for this Section 3.11 multiplied by (ii) $10.
By executing this Exchange and Conversion Agreement, each Convertible Noteholder hereby waives the requirements of paragraph 10 of its Convertible Note relating to a Reduction Event (as such term is defined in such Convertible Note) and hereby acknowledges and agrees that the terms and provisions of this Exchange and Conversion Agreement shall govern the payment of the Convertible Notes.
After the Effective Time, each Convertible Noteholder shall only be entitled to the payments described in this Section 2.9(d).
Each Company Shareholder and each Company Convertible Noteholder irrevocably consents to the Exchanges and the Contributions contemplated hereby, and each Company Shareholder irrevocably consents to all the transactions contemplated under the BCA and the Ancillary Agreements (as defined in the BCA) to which such Company Shareholder is a party.