Subordinated Convertible Notes definition

Subordinated Convertible Notes means the unsecured convertible debt instruments issued by Quirky and due December 31, 2015 that were sold to nine (9) holders as of the Petition Date in the total principal amount of approximately $36,800,000.

Subordinated Convertible Notes means the Company's 5% Convertible Subordinated Notes due 2004 issued pursuant to the Subordinated Convertible Note Indenture.

Subordinated Convertible Notes means the notes issued by Borrower pursuant to that certain Indenture dated as of November 21, 2014, between Borrower and Wilmington Trust, National Association, as trustee, in an amount not to exceed$85,000,000.

Examples of Subordinated Convertible Notes in a sentence

• Advance agreements for the purchase of 2019 Subordinated Convertible Notes.

• The 2019 Subordinated Convertible Notes bear interest at the rate of 10% per annum.

• For the year ended December 31, 2021, respectively, approximately $126,386 was amortized to "Interest expense on corporate debt instruments” in the Consolidated Statements of Operations.In 2021, certain holders of the 2019 Subordinated Convertible Notes converted their holdings into common stock, or Series B preferred stock, at the discretion of the noteholder.

• The indebtedness represented by the 2019 Subordinated Convertible Notes is subordinated in all respects to the principal of (and premium, if any), unpaid interest on and amounts reimbursable, fees, expenses, costs of enforcement, and other amounts due in connection with the Revolver.Because of the contractual right of noteholders to convert their holdings to common stock at a discount to fair value, the Company determined that the 2019 Subordinated Convertible Notes contain a beneficial conversion feature.

• Therefore, principal of $0 on the 2019 Subordinated Convertible Notes, net of an unamortized discount of approximately $0, was outstanding as of December 31, 2021.

More Definitions of Subordinated Convertible Notes

Subordinated Convertible Notes means, collectively, each of Subordinated Convertible Notes issued by Parent in favor of (a) Fireman Capital CPF Xxxxxx Co-Invest LP, (b) Xxxxx Xxx, (c) Xxxx Xxx, (d) Xxxx Xxxxxxxx, (e) Xxxxxxxxxxx X. Xxxxx, (f) Xxxxxx X. Xxxxxxxx, (g) Xxxxx Xxxx, (h) Xxxxxxxx South, (i) Xxx Xxxxxxxxx and (j) Xxxxxxx Xxxx, in each case, in connection with the Acquisition.

Subordinated Convertible Notes means the notes issued by Borrower pursuant to that certain Indenture dated as of November 21, 2014, between Borrower and Wilmington Trust, National Association, as trustee, in an amount not to exceed $85,000,000.

Subordinated Convertible Notes means the 4.25% Convertible Notes due 2019, issued by the Borrower pursuant to the Subordinated Convertible Notes Indenture.

Subordinated Convertible Notes means Holdings’ Subordinated Convertible Notes due 2029 issued pursuant to the Subordinated Convertible Note Documents.

Subordinated Convertible Notes means (a) the 1.80% Convertible Subordinated Notes due 2004 of the Company issued on September 16, 1997 and (b) the 1.87% Convertible Subordinated Notes due 2006 of the Company issued on June 1, 1999.

Subordinated Convertible Notes means those certain Senior Subordinated Convertible Promissory Notes due 2005, issued by Borrower to certain Affiliates, shareholders, and officers of Borrower in the aggregate principal amount of $14,951,250.

Subordinated Convertible Notes means 3.0% senior subordinated convertible notes of Holdings due 2016 in an original aggregate principal amount of $150,000,000, issued pursuant to the Subordinated Convertible Notes Indenture.