Tranche C Convertible Notes definition

Tranche C Convertible Notes means the 12% coupon senior secured convertible notes in the principal amount of US$4,450,000 to be issued by the Company to the Investor on the Closing Date in the form attached hereto as Exhibit A.
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Tranche C Convertible Notes means the Company’s Tranche C Convertible Notes due 2017 that were issued pursuant to the Securities Purchase Agreement, dated November 7, 2007, between the Company and Magenta Magic Limited.
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Examples of Tranche C Convertible Notes in a sentence

  • Pursuant to the terms of the Tranche C Convertible Notes, all of the Tranche C Convertible Notes were converted into Shares prior to the date of this Agreement.

  • On or about 23 August 2017, the Company issued 462,000 Tranche C Convertible Notes to MEF I, L.P. pursuant to the terms of the Agreement.

  • If Shareholders approve Resolution 2, the proposed amendments to the terms of the Tranche C Convertible Notes will become effective and the Company will retain the flexibility to issue a further 462,000 equity securities in the future under ASX Listing Rule 7.1 without the requirement to obtain prior Shareholder approval.

  • In the absence of obtaining certain shareholder approvals in relation to the Tranche C Convertible Notes, a fixed A$/US$ exchange rate of 0.770 and a fixed minimum conversion price of $A0.005 will apply in relation to the conversion of Tranche C Convertible Notes.

  • At the date of this Cleansing Notice, the total face value of the Tranche C Convertible Notes (based on the Assumptions) will be US$272,464.50 or AU$385,000 (assuming an exchange rate of US$1.00 to approximately AU$1.41).

  • The foundation especially promotes our crisis centers on our web site: Aspen Hope Center, Mind Springs, Cross Roads Church, Metro Line, and National Crisis line.

  • As of December 31, 2012, our total indebtedness was approximately $34.4 million, including $13 million of Tranche C Convertible Notes (the “Tranche C Notes”) to a subsidiary of J.

  • The Tranche C Convertible Notes will be issued within 2 business days of the date of this Cleansing Notice.

  • Set out in Annexure A is a pro forma consolidated Statement of Financial Position as at 30 September 2018 for the Company based on the unaudited 30 September 2018 management accounts adjusted to reflect the proposed issue of the Tranche C Convertible Notes and has been prepared on the basis of the accounting policies normally adopted by the Company.

  • Tranche C Convertible Notes has the meaning set out in section 1 of the Explanatory Statement.

Related to Tranche C Convertible Notes

  • Convertible Notes has the meaning set forth in the Recitals.

  • Tranche B Notes means the promissory notes, if any, of the Borrower in favor of each Tranche B Lender provided pursuant to Section 2.4(f) or Section 2.5(f) and evidencing the Tranche B Loans of such Tranche B Lender, individually or collectively, as appropriate, as such promissory notes may be amended, modified, restated, supplemented, extended, renewed or replaced from time to time.

  • Existing Convertible Notes means any convertible notes or other convertible debt securities of the Company outstanding on the date of this Agreement.

  • Permitted Convertible Notes means any unsecured notes issued by the Company in accordance with the terms and conditions of Section 6.01 that are convertible into a fixed number (subject to customary anti-dilution adjustments, “make-whole” increases and other customary changes thereto) of shares of common stock of the Company (or other securities or property following a merger event or other change of the common stock of the Company), cash or any combination thereof (with the amount of such cash or such combination determined by reference to the market price of such common stock or such other securities); provided that, the Indebtedness thereunder must satisfy each of the following conditions: (i) both immediately prior to and after giving effect (including pro forma effect) thereto, no Default or Event of Default shall exist or result therefrom, (ii) such Indebtedness matures after, and does not require any scheduled amortization or other scheduled or otherwise required payments of principal prior to, and does not permit any Loan Party to elect optional redemption or optional acceleration that would be settled on a date prior to, the date that is six (6) months after the Maturity Date (it being understood that neither (x) any provision requiring an offer to purchase such Indebtedness as a result of change of control or other fundamental change (which change of control or other fundamental change, for the avoidance of doubt, constitutes a “Change of Control” hereunder), which purchase is settled on a date no earlier than the date twenty (20) Business Days following the occurrence of such change of control or other fundamental change nor (y) any early conversion of any Permitted Convertible Notes in accordance with the terms thereof, in either case, shall violate the foregoing restriction), (iii) such Indebtedness is not guaranteed by any Subsidiary of the Company other than the Subsidiary Borrowers or Subsidiary Guarantors (which guarantees, if such Indebtedness is subordinated, shall be expressly subordinated to the Secured Obligations on terms not less favorable to the Lenders than the subordination terms of such Subordinated Indebtedness), (iv) any cross-default or cross-acceleration event of default (each howsoever defined) provision contained therein that relates to indebtedness or other payment obligations of any Loan Party (such indebtedness or other payment obligations, a “Cross-Default Reference Obligation”) contains a cure period of at least thirty (30) calendar days (after written notice to the issuer of such Indebtedness by the trustee or to such issuer and such trustee by holders of at least 25% in aggregate principal amount of such Indebtedness then outstanding) before a default, event of default, acceleration or other event or condition under such Cross-Default Reference Obligation results in an event of default under such cross-default or cross-acceleration provision and (v) the terms, conditions and covenants of such Indebtedness must be customary for convertible Indebtedness of such type (as determined by the board of directors of the Company, or a committee thereof, in good faith).

  • Bridge Notes means the series of notes, of which this Note is a part, dated on or about the date hereof, each of which are identical, other than the date of the Note, identity of the Holder and principal amount of this Note.

  • Company Convertible Notes means the convertible notes issued by the Company pursuant to the convertible note purchase agreement by and among the Company, PA Grand Opportunity Limited and other investors named therein dated June 6, 2016, as amended on June 13, 2016.

  • Series B Notes is defined in Section 1.

  • Tranche A Notes is defined in Section 1.1.

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Term Loan Conversion Date means the Termination Date on which all Revolving Credit Advances outstanding on such date are converted into a term loan pursuant to Section 2.06.

  • Series B Debentures means the $200 million aggregate principal amount of 4.903% Series B senior unsecured debentures of the Trust due July 5, 2023.

  • Convertible Note Indenture means the Indenture dated as of February 21, 2014 between Emergent and the Convertible Note Trustee pursuant to which the Convertible Notes were issued.

  • Tranche B Note means a promissory note of the Borrower payable to any Tranche B Lender and its registered assigns, delivered pursuant to a request made under Section 2.16 in substantially the form of Exhibit A-3 hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Tranche B Loans made by such Lender to the Borrower.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Convertible Subordinated Notes means the Company's 7% Convertible Subordinated Notes issued pursuant to an indenture dated as of June 12, 1996, between the Company and The Chase Manhattan Bank (formerly known as Chemical Bank), as trustee.

  • Tranche B Maturity Date means May 8, 2009, or, if such day is not a Business Day, the next preceding Business Day.

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

  • 2014 Notes means (i) the 4.850% Senior Secured Notes due 2024 issued by the Issuer on March 18, 2014 and (ii) the 4.45% Senior Secured Notes due 2025 and the 5.45% Senior Secured Notes due 2034 issued by the Issuer on August 21, 2014.

  • Convertible Note means an instrument issued by a startup company evidencing receipt of money initially as debt, which is repayable at the option of the holder, or which is convertible into such number of equity shares of such startup company, within a period not exceeding five years from the date of issue of the convertible note, upon occurrence of specified events as per the other terms and conditions agreed to and indicated in the instrument;

  • Convertible Senior Notes means those certain convertible senior notes issued by Borrower with a final maturity date of not less than ten (10) years from the date of issuance, in an amount not to exceed $150,000,000 with an interest rate up to 5.5% and subject to the terms set forth in the Convertible Senior Notes Offering Memorandum.

  • Revolving Notes means the promissory notes of the Borrower in favor of each of the Lenders evidencing the Revolving Loans provided pursuant to Section 2.1(e), individually or collectively, as appropriate, as such promissory notes may be amended, modified, supplemented, extended, renewed or replaced from time to time.

  • Tranche B has the meaning assigned in Section 2.1(c)(i).

  • Tranche the collective reference to Eurodollar Loans the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

  • Class B Warrants means the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

  • Exchange Debentures has the meaning set forth in Section 2(a) hereof.