Convertible Loan Notes definition

Convertible Loan Notes means the 5% unsecured subordinated convertible loan notes due on 15 October 2024 in the principal amount of up to U.S.$150 million constituted by this Instrument;
Convertible Loan Notes means convertible loan notes of the Company constituted by the Loan Note Instrument
Convertible Loan Notes means the US$609,750 of convertible loan notes constituted by the convertible loan note instrument of the Company dated 28 April 2004, all of which are held by Benchmark;

Examples of Convertible Loan Notes in a sentence

  • In addition, the Subscription Agreement sets out the mechanism pursuant to which the Company has conditionally agreed to reduce certain of its outstanding indebtedness through the capitalisation of £585,932 in principal and interest under the Convertible Loan Notes pursuant to the Debt for Equity Swap.

  • In December, due to the completion of an agreement for a major change in the ownership of the shares in the Company which triggered an event of default under the terms of the Convertible Loan Notes Agreement, the Company might be required to immediately repay the Convertible Loans if upon demand by the holders of the Convertible Loan Notes.


More Definitions of Convertible Loan Notes

Convertible Loan Notes means the U.S.$15,000,000 fixed rate convertible loan notes due 2024 created by the Company as issuer on 22 November 2023.
Convertible Loan Notes means the Issuer’s convertible Loan Notes, represented by a Loan Note Certificate that is registered in the name of the Holder of the Convertible Loan Notes from time to time, to which these terms and conditions relate;
Convertible Loan Notes means the unsecured 10 per cent. convertible loan notes 2018 to be
Convertible Loan Notes means the unsecured convertible loan notes issued in denominations or multiples of £1 in principal amount due in August 2022 with an aggregate value of £6 million to be constituted by the Convertible Loan Note Instrument;
Convertible Loan Notes means the £4,130,000 of principal amount of notes issued pursuant to the convertible loan note instrument relating to £4,130,000 8% fixed rate senior secured convertible loan notes entered into on 5 February 2021 and as amended on 13 March 2021 and further amended by the CLN Amendment on or around the date of this Agreement;
Convertible Loan Notes means the unsecured convertible loan notes 2020 issued
Convertible Loan Notes means the unsecured 10 per cent. convertible loan notes 2018 issuedand/or to be issued to Greenstone in accordance with the terms ofthe Convertible Loan Note Instrument and Subscription Agreement, subject to the satisfaction or waiver of the Conditions