Convertible Loans means (i) the convertible loan of series 2015/2017 issued by the Issuer with a nominal amount of SEK 49,500,000, entitling the holders to receive newly issued ordinary class B shares (Sw. stamaktier av serie B) within the exercise period ending on 13 April 2017, and (ii) the convertible loan of series 2016/2019 issued by the Issuer with a nominal amount of SEK 15,882,000, entitling the holders to receive newly issued ordinary class B shares within the exercise period ending on 26 August 2019.
Convertible Loans means the convertible loans granted pursuant to an agreement entered into between the Company and the holders of B Preferred Shares (a) dated 27 February 2012, as amended on 12 June 2012 (the “First Convertible Loan”), and (b) dated 22 November 2012 (the “Second Convertible Loan”) as supplemented on 20 April 2013 (“Supplement to the Second Convertible Loan”), to be amended prior to 1 July 2013 in order to give effect to the applicable conversion clause in the First Convertible Loan and the applicable redemption clause in the Second Convertible Loan and the Supplement to the Second Convertible Loan as reflected in the Initial Allocation Schedule and the Closing Date Allocation Schedule.
Convertible Loans means the Loans held by the Convertible Lenders; provided, however, that for the avoidance of doubt, any Loans acquired by Scorpion Capital Partners, LP after the date of the Eighth Amendment shall be Non-Convertible Loans and Scorpion Capital Partners, LP shall be a Non-Convertible Lender with respect to any such Loans.
Examples of Convertible Loans in a sentence
The Convertible Loans are divided between a liability component and an equity component.
Convertible Loans On 21 September 2014, the Company had entered into a convertible loans agreement (“CLA”) with certain individuals (the “Lenders”), for the grant by the Lenders of interest-bearing convertible loans of up to$20,000,000 in aggregate principal amount to the Company.
The Convertible Loans bear interest at the rate of 3.40% plus LIBOR per annum.
Assuming conversion of the Convertible Loans and that all existing Options are exercised following receipt of conditional listing approval, per the undertakings of all Optionholders.
The fourth column reflects the impact of the issuance of 2,704,883 Shares pursuant to a conversion of the Convertible Loans at 75% of the Offer Price immediately after Settlement, assuming an amount of accrued interest until the Settlement Date.
More Definitions of Convertible Loans
Convertible Loans means any loans under convertible loan instrument issued or to be issued by the Issuer to a third party for the purposes of financing acquisitions of shares in mutual real estate companies (Fin: keskinäinen kiinteistöosakeyhtiö) and housing companies (Fin: asunto-osakeyhtiö) or for general corporate purposes.
Convertible Loans means the IFC C Loan and the IFC D Loan outstanding at the Effective Time or, as the context requires, the aggregate principal amount thereof from time to time outstanding and provided that no amount of any interest that is capitalised under this Agreement and treated as part of the principal amount of any Loan shall be capable of nor will be treated as a (or as a part of) a Convertible Loan;
Convertible Loans means, collectively, Direct Convertible Loans and MTE Convertible Loans.
Convertible Loans means the convertible loans in an aggregate principal amount of EUR 40,970,000 to the Issuer pursuant to the Convertible Loan Agreements.
Convertible Loans means, collectively, the Convertible Portion of the Loans and any Escrow Funds delivered for conversion in accordance with Section 2.10 or Section 2.11, as applicable, of the Loan Agreement.
Convertible Loans means an aggregate of $800,000 ($920,000 if the over-allotment is exercised in full) of loans made by each of Harbor Healthcare Holding LLC and Moreco Partners LLC, which are convertible into the number of Units obtained by dividing the amount of principal outstanding and being converted under such loans, by $6.00.
Convertible Loans means, collectively, (i) the convertible loan in the principal amount of US$5,000,000 borrowed by the Company from Carlyle pursuant to the Amended and Restated Convertible Loan Agreement by and among the Company, Carlyle and certain other parties thereto dated as of April 2, 2008, and (ii) the convertible loan in the principal amount of US$20,000,000 borrowed by the Company from Carlyle pursuant to the Convertible Loan Agreement by and among the Company, Carlyle and certain other parties thereto dated as of April 10, 2008, as amended by the Amendment to Convertible Loan Agreement.