Convertible Notes Redemption definition

Convertible Notes Redemption means the optional redemption of the 1.875% Convertible Notes or the 3.875% Convertible Notes by Borrower so long as: (a) such redemption is permitted by applicable law and the 1.875% Convertible Notes Indenture or the 3.875% Convertible Notes Indenture (as applicable), (b) no Default or Event of Default shall have occurred and be continuing or would result therefrom, and (c) Availability both before and immediately after giving effect thereto is greater than $20,000,000.
Sample 1Sample 2
Convertible Notes Redemption means the optional redemption of the 1.875% Convertible Notes, the 3.875% Convertible Notes, or the New Convertible Notes by Borrower so long as: (a) such redemption is permitted by applicable law and the 1.875% Convertible Notes Indenture, the 3.875% Convertible Notes Indenture, or the New Convertible Notes Indenture (as applicable), (b) no Default or Event of Default shall have occurred and be continuing or would result therefrom, and (c) both before and after giving effect to such redemption, Domestic Liquidity is greater than or equal to $15,000,000 (of which there must be Availability of at least $10,000,000).”
Sample 1
Convertible Notes Redemption means the optional redemption of the 1.875% Convertible Notes, the 3.875% Convertible Notes or the 1.875% Convertible Senior Subordinated Notes by Borrower so long as: (a) such redemption is permitted by applicable law and the 1.875% Convertible Notes Indenture, the 3.875% Convertible Notes Indenture or the 1.875% Convertible Senior Subordinated Notes Indenture (as applicable), (b) no Default or Event of Default shall have occurred and be continuing or would result therefrom, and (c)(i) if the outstanding amount of Advances does not exceed $500,000 immediately after giving effect thereto, Availability and Qualified Cash both before and after giving effect thereto is greater than $15,000,000, and (ii) if the outstanding amount of Advances exceeds $500,000 immediately after giving effect thereto, Availability both before and after giving effect thereto is greater than $15,000,000.
Sample 1

Examples of Convertible Notes Redemption in a sentence

  • Such efforts shall include the coordination of discussions among the Company, Parent and the trustee under the Indenture regarding the mechanics of the Convertible Notes Redemption.

  • Convertible Notes Redemption Confirmed Resolute Mining Limited (“Resolute” or the “Company”) (ASX:RSG) is pleased to confirm the Company will accelerate repayment of the A$15 million of Convertible Notes (“Notes”) currently on issue.

  • The Investor may elect by notice in writing to the Issuer, following the Maturity Date, to redeem some or all of the Convertible Notes (Redemption).

  • The proceeds of the Revolving Loans drawn after the Effective Date will be used solely for working capital and other general corporate purposes of the Borrower and the Subsidiaries (other than with respect to the Revolving Loans to be drawn on the 7.75% Convertible Notes Redemption Date, which shall be used solely as contemplated by Section 5.15 hereof).

  • Maturity date: The third anniversary of the date of issue of the Convertible Notes Redemption on the Maturity Date:The Convertible Notes shall be redeemed by the Company on the Maturity Date at the principal amount outstanding on the Maturity Date.

  • The holders of the Convertible Notes may accelerate and redeem the Convertible Notes at any time while an Event of Default is continuing, following which the Convertible Notes Redemption Amount will be immediately due and payable and the Security may be enforced.

  • Pro forma adjustments to record the Convertible Notes Redemption for the periods presented are as follows: For the nine-month period ended April 28, 2012: • A decrease in interest expense of $6.6 million for the nine-month period related to the elimination of interest expense recognized by Charming in connection with the Convertible Notes in its historical financial statements.

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  • It is expressly agreed that the completion of the Convertible Notes Redemption and the Trust Preferred Securities Redemption are not conditions precedent to the completion of the Mergers and other transactions contemplated in this Agreement.

  • The Borrower and each other Credit Party will use the proceeds of the Loans, together with the proceeds of the exercise of the Rithm Warrants and the Equity Investment, only for the payment in connection with the consummation of the Existing Convertible Notes Redemption and for the payment of related fees and expenses with respect to the Transactions.


More Definitions of Convertible Notes Redemption

Convertible Notes Redemption in Schedule 1.1 to the Credit Agreement is hereby amended by amending and restating such definition as follows:
Sample 1
Convertible Notes Redemption means the optional redemption of the 1.875% Convertible Notes, the 3.875% Convertible Notes or the 1.875% Convertible Senior Subordinated Notes by Borrower so long as: (a) such redemption is permitted by applicable law and the 1.875% Convertible Notes Indenture, the 3.875% Convertible Notes Indenture or the 1.875% Convertible Senior Subordinated Indenture (as applicable), (b) no Default or Event of Default shall have occurred and be continuing or would result therefrom, and (c) Availability both before and immediately after giving effect thereto is greater than $20,000,000.”
Sample 1
Convertible Notes Redemption means the optional redemption of the 1.875% Convertible Notes or the 3.875% Convertible Notes by Borrower so long as: (a) such redemption is permitted by applicable law and the 1.875% Convertible Notes Indenture or the 3.875% Convertible Notes Indenture (as applicable), (b) no Default or Event of Default shall have occurred and be continuing or would result therefrom, and (c) both before and after giving effect to such redemption, Domestic Liquidity is greater than or equal to $15,000,000 (of which there must be Availability of at least $10,000,000).”
Sample 1

Related to Convertible Notes Redemption

  • Convertible Notes has the meaning set forth in the Recitals.

  • Note Redemption Price means, for the Redemption Date, an amount equal to the sum of:

  • Note Redemption Date means, with respect to any Notes to be redeemed under the Indenture, the date fixed for redemption of such Notes under the Indenture.

  • Series A Redemption Date has the meaning set forth in Section 16.6.

  • Redemption Notes means unsecured subordinated promissory notes of the Trust having a maturity date to be determined at the time of issuance by the Trustee (provided that in no event shall the maturity date be set at a date subsequent to the first Business Day following the fifth anniversary of the date of issuance of such note), bearing interest from the date of issue at a market rate of interest determined at the time of issuance by the Trustee, payable for each month during the term on the 15th day of each subsequent month with all principal being due on maturity, such promissory notes to provide that the Trust shall at any time be allowed to prepay all or any part of the outstanding principal without notice or bonus.

  • Debenture Redemption Date means, with respect to any Debentures to be redeemed under the Indenture, the date fixed for redemption under the Indenture.

  • Term Redemption Date means, with respect to any Series, the date specified as the Term Redemption Date in the Appendix for such Series.

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Series A Redemption Price has the meaning set forth in Section 16.6(a).

  • Indenture Redemption Price has the meaning specified in Section 4.2(c).

  • Special Redemption has the meaning set forth in Section 15.1.A hereof.

  • Optional Redemption shall have the meaning set forth in Section 6(a).

  • Series A Redemption Notice has the meaning set forth in Section 16.6(b).

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • Optional Redemption Date shall have the meaning set forth in Section 6(a).

  • Special Redemption Price has the meaning set forth in paragraph 4(a) of Annex I.

  • Optional Redemption Price shall have the meaning set forth in Section 3.2.

  • Special Redemption Date has the meaning set forth in Section 10.2.

  • 2013 Notes means the 4.375% Senior Secured Notes due 2023 and the 5.950% Senior Secured Notes due 2043 issued by the Issuer on March 18, 2013.

  • Convertible Note Indenture means the Indenture dated as of February 21, 2014 between Emergent and the Convertible Note Trustee pursuant to which the Convertible Notes were issued.

  • Bridge Notes means the series of notes, of which this Note is a part, dated on or about the date hereof, each of which are identical, other than the date of the Note, identity of the Holder and principal amount of this Note.

  • Existing Convertible Notes means any convertible notes or other convertible debt securities of the Company outstanding on the date of this Agreement.

  • Initial Redemption Date means, with respect to any Note or portion thereof to be redeemed pursuant to Section 3.1(b), the date on or after which such Note or portion thereof may be redeemed as determined by or pursuant to the Indenture or a Note Certificate of Supplemental Indenture.