Easily Delete Phone Field from the Convertible Debenture

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How to Delete Phone Field from the Convertible Debenture

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hi there and welcome back to my channel today im going to show you how you can quickly and easily remove fields out of your woocommerce checkout page which customers normally have to fill out now if you finally built your woocommerce store youll see that theres a standard form which customers need to fill in at checkout so that they can make a purchase if you havent yet built a woocommerce website dont worry i actually do full tutorials which will teach you from scratch ill leave all the links to these full tutorials in the description below so you can check those out and make a start now the reason why you might want to remove some of these fields is the fact that you might not actually need them maybe youre just shipping products in your own country and you dont want the field where customers can select a country because you just want it to remain national or maybe youre selling digital products and ebooks and you dont actually need the customer to fill out their address wh

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How do you treat convertible notes on a balance sheet?

A convertible note should be classified as a Long Term Liability that then converts to Equity as stipulated from the contract (usually a new fundraising round).

Can you repay convertible debt?

Convertible notes are just like any other form of debt youll need to pay back the principal plus interest. In an ideal world, a startup would never pay back a convertible note in cash. However, if the maturity date hits prior to a Series A financing, investors can choose to demand their money back.

What happens if a convertible bond is not converted until its maturity date?

Similar to regular bonds, a convertible bond comes with a maturity date and pays interest to investors. In addition, if an investor decides not to convert their bonds to equity, they will receive the bonds face value at the maturity.

What happens when convertible debt is not converted at maturity?

What Happens When a Convertible Note Is Not Converted at Maturity? If the note fails to convert because the startup did not receive a first equity round, the note, including principal and interest accrued, becomes due. Since conversion did not occur, the debt must be repaid.

What happens to convertible debt at maturity?

The maturity date is the date on which the convertible note must be repaid, either in cash or through conversion into equity. The convertible note ceases to exist beyond the maturity date, though both parties may agree that the note may be rolled into a new security.

What happens if a convertible note does not convert?

If the startup hasnt converted the note into equity by the maturity date, the investor can extend the date that the note will mature or call for an actual repayment. However, the reason that investors typically want a convertible note is because a company has a strong growth trajectory.

Does convertible debt have to convert?

Mandatory convertible bonds are required to be converted by the investor at a particular conversion ratio and price level. On the other hand, a reversible convertible bond gives the company the right to convert the bond to equity shares or keep the bond as a fixed income investment until maturity.

What are the two types of convertible debentures?

Types of a Convertible Debenture: Fully Convertible Debenture: These are debentures in which the whole value of debentures can be converted into equity shares of the company. Partly Convertible Debenture: In this kind of debentures, only a part of the debentures will be eligible for conversion into equity shares.

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