MCA Debt definition
MCA Debt means all of the outstanding amounts owed by the Company under secured merchant loans.
Examples of MCA Debt in a sentence
The MCA Debt Holder shall deliver the Notes and Warrants (and appropriate assignments endorsing the Lead Investor) to a law firm designated by the Lead Investor (or its designee(s)) within three Trading Days of receipt of the Buyout notice.
Such Purchaser acknowledges that certain Purchasers are purchasing their Securities in consideration for the forgiveness of MCA Debt.
The MCA Debt Holders shall not have the right to convert the Note or exercise the Warrants after receipt of the Buyout Notice.