Assertion: certain debt instrument | /r/HasProperty | convertible
Facets:
value: at the holder's option
type: MANNER
Source sentences:
text: the indebtedness is part of an arrangement which is reasonably expected to result in a transaction described in the first two categories above, such as in the case of certain issuances of a forward contract in connection with the issuance of debt, nonrecourse debt that is secured principally by stock, or certain debt instruments that are convertible at the holder's option when it is substantially certain that the right will be exercised.