Convertible Debt Security definition

Convertible Debt Security means debt securities or other Indebtedness, the terms of which provide for conversion into, or exchange for, Equity Interests (other than Disqualified Equity Interests) of Holdings, cash in lieu thereof or a combination of Equity Interests and cash in lieu thereof.

Convertible Debt Security means any debt security the terms of which provide for the conversion thereof into Equity Interests, cash or a combination of Equity Interests and cash, to the extent such debt security has not, as of any applicable date of determination, been so converted.

Convertible Debt Security means any debt security the terms of which provide for the conversion thereof into Equity Interests, cash or a combination of Equity Interests and cash.

Examples of Convertible Debt Security in a sentence

• Losses may occur if the terms of the Convertible Debt Security does not allow for an adjustment in the conversion terms, or a Fund is forced to convert the security earlier than anticipated.

• The Convertible Debt Security has the following terms: • Term, 18 months from drawdown, • Drawdown of the Convertible Debt Security will be in one tranche, • Annual Interest rate of 9.5%, payable quarterly in cash, there is no option to settle interest by any other means.

• On August 29, 2016, Golden Dawn Minerals announced the execution a definitive agreement with The Lind Partners LLC for the issuance of a US$2,400,000 3-year Senior Secured Convertible Debt Security.

• The holder of a Convertible Debt Security may convert a portion thereof which is $1,000 or any integral multiple of $1,000 (Section 1402 of the Senior Indenture and Section 1502 of the 1986 and 1992 Subordinated Indentures).

• The Company issued a Convertible Debt Security with a principal value of NZ$1,000,000 on 24 August 2022.

More Definitions of Convertible Debt Security

Convertible Debt Security means debt securities or other Indebtedness, the terms of which provide for conversion into, or exchange for, Equity Interests (other than Disqualified Equity Interests) of Irish Holdco, cash in lieu thereof or a combination of Equity Interests and cash in lieu thereof.

Convertible Debt Security means debt securities, the terms of which provide for conversion into Equity Interests, cash by reference to such Equity Interests or a combination thereof.

Convertible Debt Security means debt securities, the terms of which provide for conversion into, or exchange for, Qualified Equity Interests of the Borrower, cash in lieu thereof or a combination of such Qualified Equity Interests and cash in lieu thereof.

Convertible Debt Security means debt securities, the terms of which provide for conversion into Equity Interests, cash by reference to such Equity Interests or a combination thereof and including, without limitation, the Specified Converts.

Convertible Debt Security means any debt security the terms of which provide for the conversion thereof into Capital Stock, cash or a combination of Capital Stock and cash.”

Convertible Debt Security means any debt security or note the terms of which provide for the conversion thereof into Equity Interests (or other securities (to the extent not secured by a Lien) or property following a merger event, reclassification or other change of the Equity Interests), cash or a combination of Equity Interests and cash.

Convertible Debt Security means any debt security or evidence of indebtedness convertible into or exchangeable for Common Stock or any Common Stock Equivalent.