Debt Conversion Amount definition

Debt Conversion Amount means, as of any date of determination, the lesser of (i) the Outstanding Amount of the Convertible Debt; and (ii) 87% of the Net Liquidity Proceeds of a Liquidity Event.
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Debt Conversion Amount means the Debt Conversion Amount specified on Schedule A, which represents the aggregate purchase price of the Securities to be sold at initial Closing of the Offering upon conversion of outstanding indebtedness of the Issuer that is being converted pursuant to written agreement of the Issuer and the holder of such indebtedness (an Subscriber). The Debt Conversion Amount shall be counted toward the Minimum Amount. Issuer and Intermediary represent to the Deposit Account Agent that appropriate disclosures to potential Subscribers regarding the Debt Conversion Amount have been made as part of the Offering; and Intermediary agrees to take appropriate measures to verify that any Debt Conversion Amount is an actual outstanding obligation of the Issuer. The Parties agree that the Deposit Account Agent solely relies on information reported on Schedule A and has no duty or obligation to verify its accuracy.
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Debt Conversion Amount means that number of Buyer Common Shares to which each Company Lender is entitled pursuant to the Debt Conversion Agreement.
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Examples of Debt Conversion Amount in a sentence

  • Proposed Debt Conversion As the Company intends to repay the Debt Conversion Amount by way of the Proposed Debt Conversion, the value of the IPT (being the amount at risk to the Company) is the amount of the Proposed Debt Conversion of S$1,500,000, representing approximately 416.67% of the audited NTA of the Group for FY2020 amounting to S$360,000.

  • The aggregate amount of proceeds from the allotment and issue of all of the 8,382,620 SCPL Subscription Shares will be approximately S$0.8 million (amounting to approximately US$0.5 million based on the Agreed Exchange Rate), which shall be fully set-off and settled against the SCPL Debt Conversion Amount on the SCPL Subscription Completion Date.

  • ProcessThis Conference will present a unique opportunity for States parties to the 1949 Geneva Conventions and for the components of the Movement to exchange views on the need to strengthen the legal framework protecting victims of armed conflicts.

  • Subject to the fulfillment or waiver of the RHCL Conditions Precedent, RHCL shall subscribe for, and the Company shall issue to RHCL, such number of RHCL Subscription Shares at the Agreed Issue Price for each RHCL Subscription Share to the extent of the RHCL Debt Conversion Amount, and the aggregate issue price payable by RHCL for the RHCL Subscription Shares shall be fully set-off and settled against the RHCL Debt Conversion Amount on the RHCL Subscription Completion Date.

  • The value of the RHCL Subscription and Set-Off and Settlement Arrangement is US$26.3 million, comprising the RHCL Debt Conversion Amount, and amounts to approximately 41.6% of the VHL Group’s latest audited consolidated NTA.

  • The aggregate amount of proceeds from the allotment and issue of all of the 405,546,000 RHCL Subscription Shares will be approximately S$36.5 million (amounting to approximately US$26.3 million based on the Agreed Exchange Rate), which shall be fully set-off and settled against the RHCL Debt Conversion Amount on the RHCL Subscription Completion Date.

  • The SCPL Debt Conversion Amount which is the subject of settlement under the SCPL SOSA amounts to approximately US$0.5 million.

  • It is noted that the SCPL Debt Conversion Amount is to be resolved under the SCPL SOSA and separately from the SHL 2020 SOSA because the SHL 2020 SOSA contemplates the settlement of the Owings that was to have been but not yet settled pursuant to the SHL 2017 SOSA whereas the SCPL Debt Conversion Amount is not part of such Owings.

  • This is the key principle in considering any food regulatory measure for Australia and New Zealand.

  • Based on the SCPL Debt Conversion Amount of US$543,620 (approximately S$754,436, based on the Agreed Exchange Rate).

Related to Debt Conversion Amount

  • Conversion Amount means the sum of the Stated Value at issue.

  • Final Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency determined by the Calculation Agent equal to the Notional Amount multiplied by:

  • Interest Conversion Rate means the lesser of (a) the Conversion Price or (b) 85% of the lesser of (i) the average of the VWAPs for the 10 consecutive Trading Days ending on the Trading Day that is immediately prior to the applicable Interest Payment Date or (ii) the average of the VWAPs for the 10 consecutive Trading Days ending on the Trading Day that is immediately prior to the date the applicable Interest Conversion Shares are issued and delivered if after the Interest Payment Date.

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).

  • New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where:

  • Final Preference Share Redemption Date means the date that falls twenty Business Days following the Valuation Date on which the Calculation Agent has determined the Final Preference Share Redemption Amount or, if earlier, the first Auto-Call Valuation Date on which an Auto-Call Trigger Event has occurred.

  • Term Loan Conversion Date means the Termination Date on which all Revolving Credit Advances outstanding on such date are converted into a term loan pursuant to Section 2.06.

  • Redemption Amount means, as appropriate, the Final Redemption Amount, the Early Redemption Amount (Tax), the Optional Redemption Amount (Call), the Optional Redemption Amount (Put), the Early Termination Amount or such other amount in the nature of a redemption amount as may be specified in, or determined in accordance with the provisions of, the relevant Final Terms;