Convertible Subordinated Debt definition

Convertible Subordinated Debt means any debt of the Company convertible into shares of any or all classes of stock of the Company and containing, or issued under agreements or indentures containing, provisions effectively subordinating the same to the debt created by this Agreement.

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Convertible Subordinated Debt means, collectively, Series A Convertible Subordinated Debt and Series B Convertible Subordinated Debt.

Convertible Subordinated Debt means the Indebtedness owing by Borrowers to the “Holders” (as defined in Convertible Trust Indenture) pursuant to the Convertible Subordinated Debt Documents.

Examples of Convertible Subordinated Debt in a sentence

Except for the Convertible Subordinated Debt and the WFB Shareholders Agreement, there are no outstanding Rights of any kind issued or granted by, or binding upon, WFB to purchase or otherwise acquire any security of or equity interest in WFB, obligating WFB to issue any shares of, restricting the transfer of or otherwise relating to shares of its capital stock of any class.
In this regard, ISTR agrees to cooperate in good faith in obtaining any consents required of third-parties, particularly, TIB, required to redeem the Convertible Subordinated Debt.
Immediately prior to the Effective Time, or earlier upon receipt of consent from TIB-The Independent BankersBank (“TIB”), WFB will have redeemed and paid off any outstanding Convertible Subordinated Debt.

More Definitions of Convertible Subordinated Debt

Convertible Subordinated Debt means Borrower's 5% Zero- Coupon Convertible Subordinated Notes due December 11, 2007 in an aggregate principal amount of $316,250,000 at maturity and Borrower's 4% Zero-Coupon Convertible Subordinated Notes due November 1, 2008 in aggregate principal amount of $345,000,000 at maturity.

Convertible Subordinated Debt means the Obligations of the Company under or in respect of the Company's Convertible Subordinated Notes due 2004.

Convertible Subordinated Debt means any Indebtedness of the Borrower (i) which is and remains subordinated in right of payment to the obligations of the Borrower on the Notes and (ii) which by its terms is exchangeable for or convertible into an equity security of the Borrower.

Convertible Subordinated Debt means Debt of the Borrower and the Parent Corporation in the aggregate principal amount of $20,000,000 in respect of convertible subordinated notes issued as part of the consideration for the Acquisition, maturing approximately 9-1/2 years after the Effective Date and convertible into shares of common stock of the Parent Corporation.

Convertible Subordinated Debt as defined in subsection 8.2(h) of the Agreement.

Convertible Subordinated Debt means unsecured Debt due 2004 issued by the Borrower in an aggregate principal amount not exceeding Three Hundred Million Dollars ($300,000,000) at any one time outstanding pursuant to documentation containing substantially similar payment terms and substantially identical subordination provisions as those set forth in the January 21, 1997 draft of the Indenture.

Convertible Subordinated Debt means, collectively, Series A Convertible Subordinated Debt and Series B Convertible Subordinated Debt. “DGCL” means the General Corporation Law of the State of Delaware, as amended.