Examples of Debentures in a sentence
Name of Buyer: Signature of Authorized Signatory of Buyer: Name of Authorized Signatory: Title of Authorized Signatory: Email Address of Authorized Signatory: Facsimile Number of Authorized Signatory: Address for Notice to Buyer: Address for Delivery of Securities to Buyer (if not same as address for notice): Subscription Amount: $ Shares: Principal Amount of Debentures: [Collateral Agent Signature Page to Bionano Genomics Inc.
No additional legal opinion, other information or instructions shall be required of the Buyers to convert their Debentures.
On the Closing Date, upon the terms and subject to the conditions set forth herein, the Company agrees to sell, and the Buyers, severally and not jointly, agree to purchase from the Company, the Shares and the Debentures in the aggregate principal amount of twenty million dollars ($20,000,000.00).
As of the Closing Date, (1) no Indebtedness or other claim against the Company is senior to the Debentures in right of payment, whether with respect to interest or upon liquidation or dissolution, or otherwise, and (2) no Indebtedness or other claim against any Subsidiary is senior to such Subsidiary’s obligations under the Subsidiary Guarantee in right of payment, whether with respect to interest or upon liquidation or dissolution, or otherwise.
The Company shall honor conversions of the Debentures and shall deliver Conversion Shares in accordance with its terms, conditions and time periods set forth therein.