Common use of Form and Terms of Initial Debentures Clause in Contracts

Form and Terms of Initial Debentures. (a) The first series of Debentures (the "Initial Debentures") authorized for issue immediately is limited to an aggregate principal amount of $5,000,000 at an issue price of $1,000 per Debenture (the "Issue Price") and shall be designated as "10% Convertible Secured Debentures", which consists of the Debentures offered in the Offering.

Appears in 3 contracts

Samples: Convertible Debenture Indenture (Crailar Technologies Inc), Convertible Debenture Indenture (Crailar Technologies Inc), Guaranty and Security Agreement (Crailar Technologies Inc)

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Form and Terms of Initial Debentures. (a1) The first series of Debentures (the "Initial Debentures") authorized for issue immediately is limited to an aggregate principal amount of up to $5,000,000 at an issue price of $1,000 per Debenture (the "Issue Price") 25,000,000 and shall be designated as "10“12.00% Convertible Secured Debentures", which consists of the Debentures offered in the Offering.

Appears in 2 contracts

Samples: First Supplemental Indenture, First Supplemental Indenture

Form and Terms of Initial Debentures. (a1) The first series of Debentures (the "Initial Debentures") authorized for issue immediately is limited to an aggregate principal amount of up to $5,000,000 at an issue price of $1,000 per Debenture (57,500,000 in connection with the "Issue Price") Offering and shall be designated as "10“9.5% Unsecured Convertible Secured Debentures", which consists of the Debentures offered in the Offering.

Appears in 2 contracts

Samples: webfiles.thecse.com, webfiles.thecse.com

Form and Terms of Initial Debentures. (a) The first series of Debentures (the "Initial Debentures") authorized for issue immediately is limited to an aggregate principal amount of up to $5,000,000 at an issue price of $1,000 per Debenture (the "Issue Price") 25,000,000 and shall be designated as "10“9.0% Convertible Secured Unsecured Subordinated Debentures", which consists of the Debentures offered in the Offering.

Appears in 1 contract

Samples: Debenture Indenture

Form and Terms of Initial Debentures. (a) The first series of Debentures (the "Initial Debentures") authorized for issue immediately is limited to an aggregate principal amount of $5,000,000 15,000,000 at an issue price of $1,000 per Debenture (the "Issue Price") and shall be designated as "10“12% Convertible Secured Unsecured Subordinated Debentures", which consists of the Debentures offered in the Offering.

Appears in 1 contract

Samples: Indenture

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Form and Terms of Initial Debentures. (a1) The first series of Debentures (the "Initial Debentures") authorized for issue immediately is limited to an aggregate principal amount of up to $5,000,000 at an issue price of $1,000 per Debenture (23,000,000 in connection with the "Issue Price") Offering and shall be designated as "10“9.5% Unsecured Convertible Secured Debentures", which consists of the Debentures offered in the Offering.

Appears in 1 contract

Samples: webfiles.thecse.com

Form and Terms of Initial Debentures. (a) The first series of Debentures (the "Initial Debentures") authorized for issue immediately is limited to an aggregate principal amount of $5,000,000 at an issue price of $1,000 per Debenture (the "Issue Price") and shall be designated as "10“8% Convertible Secured Unsecured Debentures", which consists of the Debentures offered in the Offering.

Appears in 1 contract

Samples: Debenture Indenture

Form and Terms of Initial Debentures. (a1) The first series of Debentures (the "Initial Debentures") authorized for issue immediately is limited to an aggregate principal amount of up to $5,000,000 at an issue price of $1,000 per Debenture (the "Issue Price") 25,000,000 and shall be designated as "10“8.0% Unsecured Convertible Secured Debentures", which consists of the Debentures offered in the Offering.

Appears in 1 contract

Samples: Indenture

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