Mandatory Convertible Notes definition

Mandatory Convertible Notes means any Indebtedness of a Person, the principal amount of which is payable at maturity solely in Capital Stock of such Person (provided that a requirement to pay accrued, but unpaid, interest on such Indebtedness in cash at maturity or a requirement to pay cash fees, expenses or premiums as a result of the acceleration of payment, early redemption or otherwise with respect to such Indebtedness shall not disqualify such Indebtedness as Mandatory Convertible Notes).

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Mandatory Convertible Notes means the 5% mandatory convertible senior notes due 2024 issued pursuant to the Mandatory Convertible Notes Indenture.

Mandatory Convertible Notes means up to US$2.25 billion principal amount of 6% mandatorily convertible subordinated notes due 2016 that are mandatorily convertible into new or existing ordinary shares of Common Stock issued by Borrower.

Examples of Mandatory Convertible Notes in a sentence

• In addition, no Credit Party shall, nor shall it permit any of its Guarantor Subsidiaries to, amend or otherwise change the terms of the Mandatory Convertible Notes or the Mandatory Convertible Notes Indenture, or make any payment consistent with an amendment thereof or change thereto to the extent prohibited by the terms of the Intercreditor Agreement.

• The cash, New Notes and Mandatory Convertible Notes, as the case may be, shall be and shall be deemed to be received in full and final settlement of the Senior Notes and the Note Indenture.

• In lieu of any fractional New Notes or Mandatory Convertible Notes, if any, each registered holder of Senior Notes otherwise entitled to a fractional interest in New Notes or Mandatory Convertible Notes, if any, will receive an aggregate principal amount of New Notes or Mandatory Convertible Notes, if any, rounded down to the nearest $1.00 increment, with the remainder being paid in cash.

• Pursuant to an Indenture dated as of [December ], 2004 (as modified and supplemented and in effect from time to time, the “Indenture”) by and among the Credit Parties and the Trustee for the benefit of the holders of the Notes (as hereinafter defined), the Issuer has issued $250,000,000 of its 4.7% Senior Secured Mandatory Convertible Notes due 2008 (the “Notes”) and the Guarantors have unconditionally guaranteed all of the obligations of the Issuer under and in respect of the Notes.

• Pursuant to Sections 201 and 301 of the Original Indenture, there is hereby created a new series of Securities designated as the “6 1⁄2% Senior Subordinated Mandatory Convertible Notes due 2018, Series A-1” (which are herein referred to as the “Notes” for purposes of this Second Supplemental Indenture).

More Definitions of Mandatory Convertible Notes

Mandatory Convertible Notes means an aggregate principal amount of $45.0 million 10% senior unsecured notes due September 15, 2011 to be issued by Compton Finance pursuant to the Mandatory Convertible Note Indenture;

Mandatory Convertible Notes means the $45,000,003 aggregate principal amount (excluding accrued and unpaid non-cash-pay interest) of 10% senior notes due September 15, 2011 issued by Compton Finance pursuant to the Mandatory Convertible Note Indenture;

Mandatory Convertible Notes or “MCNs”

Mandatory Convertible Notes means the notes issued by the Issuer pursuant to a notes purchase agreement dated 3 October 2024 and entered into by the Issuer and certain investors.

Mandatory Convertible Notes means the 4.7% Senior Secured Mandatory Convertible Notes of the Borrower due 2008 issued pursuant to the Mandatory Convertible Notes Indenture.

Mandatory Convertible Notes means the 10% senior unsecured notes due September —, 2011 to be issued by the Issuer pursuant to an indenture dated October —, 2010 among the Issuer, the Parent Guarantor, the Subsidiary Guarantors, and the Trustee.

Mandatory Convertible Notes means the 10% senior unsecured notes due September 15, 2011 to be issued by ▇▇▇▇▇▇▇ Finance pursuant to the Mandatory Convertible Note Indenture;