New Convertible Notes definition

New Convertible Notes means the Company’s 5.0% Senior Unsecured Convertible Notes due 2023.

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New Convertible Notes means Emergent’s 5.0% Senior Unsecured Convertible Notes due 2023 issued pursuant to the New Convertible Note Indenture.

New Convertible Notes means the $237,500,000 (as adjusted pursuant to Section 3.3(2)(b)) aggregate principal amount of 4.75% Senior Secured Convertible Notes due 2016 of Reorganized Spansion Inc. having the terms and conditions summarized on Exhibit A. The New Convertible Notes will be guaranteed by certain Affiliates of Reorganized Spansion Inc. and secured by a Lien on substantially all of the Property and Assets of the Reorganized Debtors and their domestic subsidiaries, subject only to the senior Liens of the Exit Financing Facility (solely respecting accounts receivable, inventory and deposit accounts of Reorganized Spansion LLC), New Senior Notes, the Secured Credit Facility (solely respecting the Class 1 Collateral) and Permitted Liens as defined in the New Convertible Notes Documents. The New Convertible Notes also may be converted into shares of New Spansion Common Stock at a purchase price per share equal to: (i) the Adjusted Plan Equity Value for Conversion Price Calculation; (ii) plus $100 million; (iii) divided by 50 million; (iv) multiplied by 115% (the “Conversion Price”).

Examples of New Convertible Notes in a sentence

As promptly as practicable after the Closing Date (and in any event within thirty (30) days after the Closing Date) Emergent shall file a registration statement providing for the registration for resale under the Securities Act of the Shares, the Warrant Shares, the New Convertible Notes and the shares of Common Stock into which the New Convertible Notes may be converted (such registration statement, the “Registration Statement”).
Equity Holders as of the Equity Record Date shall have the opportunity to participate in the New Convertible Notes Class B Preemptive Rights Offering.
The New Convertible Notes Class B Preemptive Rights Offering will follow customary procedures under applicable Chilean corporate law.
New Convertible Notes Class B Subsequent Notes Allocation Any New Convertible Notes Class B not acquired in the New Convertible Notes Class B Preemptive Rights Offering shall be subscribed and purchased on the Effective Date by the New Convertible Notes Class B Backstop Parties.
The New Convertible Notes Class B Backstop Parties shall each elect to convert their New Convertible Notes Class B during the first Convertible Note Class B Conversion Period.

More Definitions of New Convertible Notes

New Convertible Notes means the 9%/13% second-lien convertible payment-in-kind toggle Notes issued pursuant to the New Convertible Notes Indenture, in the initial aggregate principal amount as of the Effective Date of $35,000,000.

New Convertible Notes means, collectively, the Notes and the New 2020 Convertible Notes.

New Convertible Notes means, collectively, the New Convertible Notes Class A, New Convertible Notes Class B and New Convertible Notes Class C.

New Convertible Notes means the Company's 6% Convertible Subordinated Notes due 2010 in an aggregate principal amount not to exceed $862,500,000.

New Convertible Notes means the $100,000,000 aggregate principal amount of the Borrower’s 5.75% Convertible Senior Subordinated Notes due December 2030 to be issued upon the consummation of the Exchange Agreements.

New Convertible Notes means the Company’s 6.50% Senior Convertible Notes Due 2009.

New Convertible Notes means a new series of the Company’s convertible senior notes in aggregate principal amount not to exceed two hundred eighty-seven million, five hundred thousand dollars ($287,500,000) to be issued by the Company on or prior to May 26, 2020 substantially concurrently with and in connection with the repurchase, redemption or acquisition and cancelation of not less than sixty-two and one half percent (62.5%) of the Existing Convertible Notes; provided that to the extent any portion of such amount will be issued pursuant to a greenshoe option, such portion may be issued after May 26, 2020; provided that such New Convertible Notes may not have (i) a final maturity date, amortization payment, sinking fund, mandatory redemption or other repurchase obligation or put right at the option of the lender or holder of such Indebtedness earlier than one hundred eighty-one (181) days following the Maturity Date under the Note (other than mandatory redemptions, repurchase obligations or put rights in connection with a change of control or fundamental change (it being understood that a holder’s option to convert any such New Convertible Notes into equity interests of the Company (and cash in lieu of fractional shares) and/or cash (in an amount determined by reference to the price of such equity interests shall not be considered a mandatory redemption, repurchase obligation or put right), (ii) any covenants that are more restrictive on the Company in any material respect than the covenants set forth in the Note or (iii) any other material terms (other than conversion premium and “make-whole” conversion rate adjustments) more favorable to the holder of such New Convertible Notes than the analogous material terms in the Note are to the Holder, including applicable interest rates.