Definition of Tendered Debentures

  1. Tendered Debentures means the Company's outstanding promissory notes that are tendered by a party hereto to the Company in connection with the acquisition of the Preferred Stock and Warrants pursuant to an exchange agreement between such party and the Company (the "Exchange Agreement").

Examples of Tendered Debentures in a sentence

  1. The Company hereby covenants to file a UCC-3 financing statement, in the form delivered pursuant to Section 2.3(b)(v) herein, with the Secretary of State of Delaware on the same day as the consummation of the exchange of the Tendered Debentures pursuant to the Exchange Agreement and to take any other reasonable action to release any lien on the Company's assets that was granted in connection with the Tendered Debentures.

Definition of Tendered Debentures in Exchange Agreement

Tendered Debentures means the Company's outstanding promissory notes that are tendered by an Acquirer to the Company in connection with the acquisition of the Preferred Stock and Warrants pursuant to an agreement between the Company and such party.


Definition of Tendered Debentures in Securities Purchase Agreement

Tendered Debentures means the Company's outstanding promissory notes that are tendered by a party hereto to the Company in connection with the acquisition of the Preferred Stock and Warrants pursuant to an exchange agreement between such party and the Company (the "Exchange Agreement").