Examples of Existing Convertible Notes in a sentence
For purposes of the Existing Convertible Notes Indenture, the REI Guarantee issued under this Guarantee Agreement will be deemed to be "Designated Senior Debt," as such term is defined in the Existing Convertible Notes Indenture.
The Existing Convertible Notes contain two components, liability and embedded derivatives.
The Company agrees, and each holder of Securities by accepting a Security agrees, that any indebtedness evidenced by the Security will be pari passu in right of payment to the Existing Convertible Notes.
The computations of (i) the adjusted conversion price of HK$0.41 per Existing Conversion Share after taking into account the effects of the Share Consolidation and the Open Offer; and (ii) the number of New Shares of 567,073,168 to be issued upon full exercise of the conversion rights under the unconverted Existing Convertible Notes have been reviewed by ZHONGHUI ANDA CPA Limited, the auditor of the Company.
As confirmed by ZHONGHUI ANDA CPA Limited, the aforesaid computations are arithmetically accurate and the proposed adjustment to the initial conversion price of the Existing Convertible Notes is in accordance with the terms and conditions of the Existing Convertible Notes.