Sentences with phrase «than the convertible term»

Neither is really better than the convertible term, but it can offer a solution to those whose life insurance needs are really short term, like for a loan.

Not exact matches

But despite more than $ 900 million in recorded venture funding in 2017, and more than $ 375 million in known venture funding for the first two months of 2018 so far, traditional VC rounds — convertible notes seed, angel, Series A, Series B, etc. — now pale in comparison to ICOs in terms of dollar volume.

The Series A Preferred shall also be convertible into any future series of Preferred Stock (the «Future Preferred») under either of the following circumstances: (a) if such conversion is approved by the Board or (b) if such conversion is in connection with a future Preferred Stock equity financing in which the Company's fully diluted pre-money valuation is greater than the Company's fully diluted post-money valuation immediately following the Series A Financing contemplated by this term sheet (a «Future Financing»), in either case, on a one - for - one basis (subject to anti-dilution adjustment) at the option of the holder; provided however, if such conversion is in connection with a Future Financing, that the holder may convert into shares of Future Preferred only in the event that all of such shares of Future Preferred received by the holder upon conversion are sold to an Approved Investor (as defined below) no later than 90 days following the first closing of the Future Financing at a price per share no lower than the price per share at which the Company sells shares of such Future Preferred in the Future Financing and, provided further, that such Approved Investor is not an affiliate, family member, or related party of the holder.

The YC documents are probably fine in situations where the investor (i) wishes to purchase equity rather than convertible debt, (ii) is otherwise somewhat indifferent on terms other than percentage ownership of the company, liquidation preference and right of first offer in future financings, (iii) is investing at a fairly low valuation (i.e. a couple of million dollars), and (iv) is only investing a small amount (i.e. a couple hundred thousand dollars or less).

There's no mistaking the MINI Convertible for anything else, but lining it up against its predecessors reveals how far the car has come in terms of fit, finish and quality — it has much more of a premium feel than ever before.

Buying a convertible often involves a compromise in terms of practicality to achieve the added style, but because the A3 Cabriolet is 28mmm wider and 183 mm longer than its predecessor, boot space has increased significantly.

In road - testing in Tuscany at the press introduction here, the SLK was more than a match for the Z3 in terms of body stiffness and the feeling of power, not to mention the ability to switch from coupe to convertible in 25 seconds.

They invest primarily in high yield bonds with an effective maturity of less than three years but can also have money in short term debt, preferred stock, convertible bonds, and fixed - or floating - rate bank loans.

Mutual of Omaha offers convertible term life insurance which allows you to have a large guaranteed death benefit for a lower initial cost than permanent coverage.

Lafayette Life offers convertible term life insurance which allows you to have a large guaranteed death benefit for a lower initial cost than whole life insurance.

Although autocallable structured products tend to be issued for longer terms than reverse - convertibles, autocallable structured products can have shorter effective durations because of the embedded call feature.

Even before conversion, convertible insurance will be more expensive than a term insurance policy for the same amount of coverage because there is a built - in cost for the option of being able to make the conversion without a medical exam.

If your employer provides a group Life insurance policy, it's more than likely a Term insurance plan, which may not be convertible to Permanent Life insurance.

Lafayette Life offers convertible term life insurance which allows you to have a large guaranteed death benefit for a lower initial cost than whole life insurance.

The conversion feature of renewable and convertible term allows policyholders to enjoy higher death protection than they could otherwise afford and later allows them to lock - in their premiums and build cash values when their ability to pay premiums increases.

With these new obstacles a 40 year old who would normally buy a 20 year convertible term might opt for the 30 year contract instead, as well as picking up some permanent coverage earlier than he / she otherwise would have.

Accomplishments * Initial Public Offering (IPO) of one company ($ 70M) and significant responsibility in the formation and launch of another public company ($ 3B) * Merger and Acquisition transactions, ranging in value from $ 1 million to $ 50 million, including transactions in Canada and the United Kingdom * Raised more than $ 2 billion through various debt instruments - ranging from straight term to zero - coupon convertible deb...