Redeemable Convertible Notes definition

Redeemable Convertible Notes means the Redeemable Convertible Notes to be issued under the indenture substantially in the form attached hereto as Exhibit E, by Talos to the Talos Stockholders as part of the Pre-Closing Dividend in the aggregate principal amount of $37,000,000.
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Redeemable Convertible Notes means the senior secured redeemable convertible promissory notes of the Company issued pursuant to the Purchase Agreement.
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Examples of Redeemable Convertible Notes in a sentence

  • In the event that a Registration Statement is not filed within 20 days following each issuance of the Redeemable Convertible Notes (the "Purchase Date"), the Company will pay a penalty in cash pro rata to the Subscribers in the amount of two percent of the Penalty Amount (as defined below) and an additional penalty of two percent in cash at the end of each 30 day period thereafter until the Registration Statement is filed with the SEC (pro-rated for each period less than 30 days).

  • In the event that a Registration Statement is not filed within 20 days following each issuance of the Redeemable Convertible Notes (the "Purchase Date"), the Company will pay a penalty in cash pro rata to the Holders in the amount of two percent of the Penalty Amount (as defined below) and an additional penalty of two percent in cash at the end of each 30 day period thereafter until the Registration Statement is filed with the SEC (pro-rated for each period less than 30 days).

  • Further or in the alternative, the Lender shall at its own discretion, be at liberty to set off the Loan and all accruing interest against the subscription price of the Redeemable Convertible Notes.

  • Prior to the payment of the Pre-Closing Dividend, Talos shall cause to be deposited with the Escrow Agent an amount equal to $37,000,000 representing the aggregate principal amount of the Redeemable Convertible Notes to be issued as part of the Pre-Closing Dividend, to be held in accordance with the escrow agreement in the form attached hereto as Exhibit H (the “Escrow Agreement”).