Permitted Convertible Indebtedness

Example Definitions of "Permitted Convertible Indebtedness"
Permitted Convertible Indebtedness. Senior, unsecured Indebtedness of the Borrower that is convertible into shares of common stock of the Borrower (or other securities or property following a merger event or other change of the common stock of the Borrower) (and cash in lieu of fractional shares), cash (in an amount determined by reference to the price of such common stock or such other securities) or a combination thereof.
Permitted Convertible Indebtedness. Senior, unsecured Indebtedness of the Borrower that is convertible into shares of Class A common stock of the Borrower (or other securities or property following a merger event or other change of the Class A common stock of the Borrower) (and cash in lieu of fractional shares), shares) and/or cash (in an amount determined by reference to the price of such Class A common stock or such other securities) or a combination thereof. securities).
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