Partial Redemption. If less than all the Debentures of any series outstanding are at any time to be redeemed, or if a portion of the Debentures being redeemed are being redeemed for cash and another portion of such Debentures are being redeemed by the payment of freely Tradeable Common Shares, the Debentures to be redeemed shall be selected by the Debenture Trustee on a pro rata basis to the nearest multiple of $1,000 in accordance with the principal amount of the Debentures registered in the name of each holder or in such other manner as the Debenture Trustee deems equitable, subject to the approval of the Toronto Stock Exchange. Unless otherwise specifically provided in the terms of any Debentures, no Debenture shall be redeemed in part unless the principal amount redeemed is $1,000 or a multiple thereof. For this purpose, the Debenture Trustee may make, and from time to time vary, regulations with respect to the manner in which such Debentures may be drawn for redemption in part or for redemption in cash and regulations so made shall be valid and binding upon all holders of such Debentures notwithstanding the fact that as a result thereof any Debentures may become subject to redemption in part only or for cash only. In the event that any Debentures become subject to redemption in part only, upon surrender of any such Debentures for payment, the Corporation shall execute and the Debenture Trustee shall certify and deliver without charge to the holder thereof new Debentures for the unredeemed part of the principal amount of the Debentures so surrendered or, with respect to a Global Debenture, the Depository shall make notations on the Global Debenture of the principal amount thereof so redeemed. Unless the context otherwise requires, the terms "Debenture" or "Debentures" as used in this Article 4 shall be deemed to mean or include any part of the principal amount of any Debenture which, in accordance with the foregoing provisions, has become subject to redemption.
Appears in 1 contract
Partial Redemption. If less than all the Debentures of any series outstanding are at any time to be redeemed, or if a portion of the Debentures being redeemed are being redeemed for cash and another portion of such Debentures are being redeemed by the payment of freely Tradeable Common Shares, the Debentures to be redeemed shall be selected by the Debenture Trustee on a pro rata basis to the nearest multiple of $1,000 in accordance with the principal amount of the Debentures registered in the name of each holder or in such other manner as the Debenture Trustee deems equitable, subject to the approval of the Toronto Stock Exchange. Unless otherwise specifically provided in the terms of any series of Debentures, no Debenture shall be redeemed in part unless the principal amount redeemed is $1,000 100 or a multiple thereof. For this purpose, the Debenture Trustee may make, and from time to time vary, regulations with respect to the manner in which such Debentures may be drawn for redemption in part or for redemption in cash and regulations so made shall be valid and binding upon all holders of such Debentures notwithstanding the fact that as a result thereof any one or more of such Debentures may become subject to redemption in part only or for cash only. In the event that any one or more of such Debentures become becomes subject to redemption in part only, upon surrender of any such Debentures for paymentpayment of the Redemption Price, together with interest accrued to but excluding the Redemption Put Date, the Corporation Company shall execute and the Debenture Trustee shall certify and deliver without charge to the holder thereof or upon the holder’s order one or more new Debentures for the unredeemed part of the principal amount of the Debenture or Debentures so surrendered or, with respect to a Global Debenture, the Depository shall make notations on the Global Debenture of the principal amount thereof so redeemed. Unless the context otherwise requires, the terms "“Debenture" ” or "“Debentures" ” as used in this Article 4 5 shall be deemed to mean or include any part of the principal amount of any Debenture which, which in accordance with the foregoing provisions, provisions has become subject to redemption.
Appears in 1 contract
Partial Redemption. If less than all the Debentures of any series for the time being outstanding are at any time to be redeemed, or if a portion of the Debentures being redeemed are being redeemed for cash and another portion of such Debentures are being redeemed by the payment of freely Tradeable Common Shares, the Debentures to be so redeemed shall be selected by the Debenture Indenture Trustee on a pro rata basis to the nearest multiple of $1,000 in accordance with the principal amount of the Debentures registered in the name of each holder or in such other manner as the Debenture Trustee deems equitable, subject to the approval of the Toronto Stock Exchangeholder. Unless otherwise specifically provided in the terms of any series of Debentures, no Debenture shall be redeemed in part unless the principal amount redeemed is $1,000 or a multiple thereof. For this purpose, the Debenture Indenture Trustee may make, and from time to time vary, regulations with respect to the manner in which such Debentures may be drawn for redemption in part or for redemption in cash and regulations so made shall be valid and binding upon all holders of such Debentures notwithstanding the fact that as a result thereof any one or more of such Debentures may become subject to redemption in part only or for cash only. In the event that any one or more of such Debentures become becomes subject to redemption in part only, upon surrender of any such Debentures for paymentpayment of the redemption price, the Corporation shall execute and the Debenture Indenture Trustee shall certify and deliver without charge to the holder thereof or upon the holder's order one or more new Debentures for the unredeemed part of the principal amount of the Debenture or Debentures so surrendered or, with respect to a Global Debenture, the Depository shall make notations on the Global Debenture of the principal amount thereof so redeemedsurrendered. Unless the context otherwise requires, the terms "Debenture" or "Debentures" as used in this Article 4 shall be deemed to mean or include any part of the principal amount of any Debenture which, which in accordance with the foregoing provisions, provisions has become subject to redemption.
Appears in 1 contract
Samples: Trust Indenture
Partial Redemption. If less than all the Debentures of any series for the time being outstanding are at any time to be redeemed, or if a portion of the Debentures being redeemed are being redeemed for cash and another a portion of such Debentures are being redeemed by the payment issuance of freely Tradeable Common SharesShares by the Corporation pursuant to Section 3.6, the Corporation shall, at least 15 days before the date upon which the Redemption Notice is to be given, notify the Trustee in writing of its intention to redeem such Debentures and of the aggregate principal amount of Debentures to be redeemed. The Debentures to be so redeemed shall be selected by the Debenture Trustee (i) on a pro rata basis to the nearest multiple of $1,000 in accordance with the principal amount of the Debentures registered in the name of each holder Holder, or (ii) to the extent such pro rata allocation is not possible, by lot in such other manner as the Debenture Trustee deems equitable, subject to the any required approval of the Toronto Stock Exchangeexchange or market on which the Debentures or Common Shares are then listed, as may be required from time to time. Unless otherwise specifically provided in the terms of any Debentures, no No Debenture shall be redeemed in part unless the principal amount redeemed is $1,000 or a multiple thereof. For this purpose, the Debenture Trustee may make, and from time to time vary, regulations with respect to the manner in which such Debentures may be drawn for redemption in part or for redemption in cash and regulations so made shall be valid and binding upon all holders Holders of such Debentures notwithstanding the fact that as a result thereof any one or more of such Debentures may become subject to redemption in part only or for cash only. In the event that any one or more of such Debentures become becomes subject to redemption in part only, upon surrender of any such Debentures for paymentpayment of the Redemption Price or the issuance of Common Shares in respect of such redemption, as applicable, the Corporation shall execute and the Debenture Trustee shall certify and deliver without charge to the holder Holder thereof or upon the Holder's order one or more new Debentures for the unredeemed part of the principal amount of the Debenture or Debentures so surrendered or, with respect to a Global Debenture, the Depository shall make notations on the Global Debenture of the principal amount thereof so redeemedsurrendered. Unless the context otherwise requires, the terms "Debenture" or "Debentures" as used in this Article 4 3 shall be deemed to mean or include any part of the principal amount of any Debenture which, which in accordance with the foregoing provisions, provisions has become subject to redemption.
Appears in 1 contract
Samples: Indenture (C21 Investments Inc.)
Partial Redemption. If less than all the Debentures of any series outstanding are at any time to be redeemed, or if a portion of the Debentures being redeemed are being redeemed for cash and another portion of such Debentures are being redeemed by the payment of freely Tradeable Common Shares, the Debentures to be redeemed shall be selected by the Debenture Trustee on a pro rata basis to the nearest multiple of $1,000 in accordance with the principal amount of the Debentures registered in the name of each holder or in such other manner as the Debenture Trustee deems equitable, subject to the approval of the Toronto Stock Exchange. Unless otherwise specifically provided in the terms of any series of Debentures, no Debenture shall be redeemed in part unless the principal amount redeemed is $1,000 100 or a multiple thereof. For this purpose, the Debenture Trustee may make, and from time to time vary, regulations with respect to the manner in which such Debentures may be drawn for redemption in part or for redemption in cash and regulations so made shall be valid and binding upon all holders of such Debentures notwithstanding the fact that as a result thereof any one or more of such Debentures may become subject to redemption in part only or for cash only. In the event that any one or more of such Debentures become becomes subject to redemption in part only, upon surrender of any such Debentures for paymentpayment of the Redemption Price, together with interest accrued to but excluding the Redemption Put Date, the Corporation Company shall execute and the Debenture Trustee shall certify and deliver without charge to the holder thereof or upon the holder’s order one or more new Debentures for the unredeemed part of the principal amount of the Debenture or Debentures so surrendered or, with respect to a Global Debenture, the Depository Debenture Trustee shall make notations on the Global Debenture of the principal amount thereof so redeemed. Unless the context otherwise requires, the terms "“Debenture" ” or "“Debentures" ” as used in this Article 4 5 shall be deemed to mean or include any part of the principal amount of any Debenture which, which in accordance with the foregoing provisions, provisions has become subject to redemption.
Appears in 1 contract
Partial Redemption. If less than all the Debentures of any series for the time being outstanding are at any time to be redeemed, or if a portion of the Debentures being redeemed are being redeemed for cash and another portion of such Debentures are being redeemed by the payment of freely Tradeable Common Shares, the Debentures to be so redeemed shall be selected by the Debenture Trustee on a pro rata basis to the nearest multiple of $1,000 in accordance with the principal amount of the Debentures registered in the name of each holder or in such other manner as the Debenture Trustee deems equitable, subject to the approval of any exchange on which the Toronto Stock ExchangeDebentures are then listed, as may be required from time to time. Unless otherwise specifically provided in the terms of any series of Debentures, no Debenture shall be redeemed in part unless the principal amount redeemed is $1,000 or a multiple thereof. For this purpose, the Debenture Trustee may make, and from time to time vary, regulations with respect to the manner in which such Debentures may be drawn for redemption in part or for redemption in cash and regulations so made shall be valid and binding upon all holders of such Debentures notwithstanding the fact that as a result thereof any one or more of such Debentures may become subject to redemption in part only or for cash only. In the event that any one or more of such Debentures become becomes subject to redemption in part only, upon surrender of any such Debentures for paymentpayment of the Redemption Price, together with interest accrued to but excluding the Redemption Date, the Corporation shall execute and the Debenture Trustee shall certify and deliver without charge to the holder thereof or upon the holder's order one or more new Debentures for the unredeemed part of the principal amount of the Debenture or Debentures so surrendered or, with respect to a Global Debenture, the Depository Trustee shall make notations on the Global Debenture of the principal amount thereof so redeemed. Unless the context otherwise requires, the terms "Debenture" or "Debentures" as used in this Article 4 shall be deemed to mean or include any part of the principal amount of any Debenture which, which in accordance with the foregoing provisions, provisions has become subject to redemption.
Appears in 1 contract
Samples: Convertible Debenture Indenture (Crailar Technologies Inc)
Partial Redemption. If less than all the Debentures of any series for the time being outstanding are at any time to be redeemed, or if a portion of the Debentures being redeemed are being redeemed for cash and another portion of such Debentures are being redeemed by the payment of freely Tradeable Common Shares, the Debentures to be so redeemed shall be selected by the Debenture Trustee on a pro rata basis to the nearest multiple of $US$1,000 in accordance with the principal amount of the Debentures registered in the name of each holder or in such other manner as the Debenture Trustee deems equitable, subject to the approval of the Toronto Stock Exchange. Unless otherwise specifically provided in the terms of any Debentures, no Debenture shall be redeemed in part unless the principal amount redeemed is $1,000 or a multiple thereofholder. For this purpose, the Debenture Trustee may make, and from time to time vary, regulations with respect to the manner in which such Debentures may be drawn for redemption in part or for redemption in cash and regulations so made shall be valid and binding upon all holders of such Debentures notwithstanding the fact that as a result thereof any one or more of such Debentures may become subject to redemption in part only or for cash only. In the event that any one or more of such Debentures become becomes subject to redemption in part only, upon surrender of any such Debentures for paymentpayment of the Redemption Price, the Corporation Company shall execute and the Debenture Trustee shall certify and deliver without charge to the holder thereof or upon the holder’s order one or more new Debentures for the unredeemed part of the principal amount of the Debenture or Debentures so surrendered or, with respect to a Global Debenture, the Depository shall make notations on the Global Debenture of the principal amount thereof so redeemedsurrendered. Unless the context otherwise requires, the terms "“Debenture" ” or "“Debentures" ” as used in this Article 4 shall be deemed to mean or include any part of the principal amount of any Debenture which, which in accordance with the foregoing provisions, provisions has become subject to redemption.
Appears in 1 contract
Samples: Indenture
Partial Redemption. If In the event that less than all the Debentures of any series for the time being outstanding are at any time to be redeemed, or if a portion the Company shall in each such case, at least 21 days before the date upon which the notice of redemption is required to be given, notify the Trustee in writing of its intention to redeem Debentures and of the aggregate principal amount of Debentures being to be so redeemed are being redeemed for cash and another portion of such Debentures are being redeemed by the payment of freely Tradeable Common Shares, the Debentures to be so redeemed shall be selected by the Debenture Trustee on a pro rata basis to the nearest multiple of $1,000 in accordance with the principal amount of the Debentures registered in the name of each holder by lot or in such other manner as the Trustee may deem equitable. For the purpose of redemption and selection for redemption, each Debenture Trustee deems equitable, subject of a denomination in excess of $1,000 shall be deemed to the approval consist of the Toronto Stock Exchange. Unless otherwise specifically provided in the terms appropriate number of units of $1,000 each and any Debentures, no Debenture shall be redeemed in part unless of the principal amount redeemed is $1,000 of such Debenture comprising one or a multiple thereofmore of such units may, accordingly, be selected and be called for redemption. For this purpose, purpose the Debenture Trustee may make, and from time to time vary, make regulations with respect regard to the manner in which such Debentures may be drawn so selected for redemption in part or for redemption in cash and regulations so made shall be valid and binding upon all holders of such Debentures notwithstanding the fact that as a result thereof any Debentures may become subject to redemption in part only or for cash onlyDebentures. In the event that any Debentures become subject to Debenture shall be called for redemption in part onlyonly the holder thereof, upon surrender of any such Debentures for paymentDebenture in accordance with the provisions of Section 5.6, the Corporation shall execute and the Debenture Trustee shall certify and deliver be entitled to receive, without charge expense to the holder thereof such holder, one or more new Debentures for the unredeemed part of the principal amount of the Debentures Debenture so surrendered or, with respect to a Global Debenture, the Depository shall make notations on the Global Debenture of the principal amount thereof so redeemed. Unless the context otherwise requires, the terms "Debenture" or "Debentures" as used in this Article 4 shall be deemed to mean or include any part of the principal amount of any Debenture which, in accordance with the foregoing provisions, has become subject to redemptionsurrendered.
Appears in 1 contract
Partial Redemption. If less than all the Debentures of any series for the time being outstanding are at any time to be redeemed, or if a portion of the Debentures being redeemed are being redeemed for cash and another a portion of such Debentures are being redeemed by the payment of freely Freely Tradeable Common SharesShares pursuant to Section 4.6, the Debentures to be so redeemed shall be selected by the Debenture Trustee on a pro rata basis to the nearest multiple of $1,000 in accordance with the principal amount of the Debentures registered in the name of each holder or in such other manner as the Debenture Trustee deems equitable, subject to the approval of the Toronto Stock ExchangeTSX (or such other exchange on which the Debentures are then listed), as may be required from time to time. Unless otherwise specifically provided in the terms of any series of Debentures, no Debenture shall be redeemed in part unless the principal amount redeemed is $1,000 or a multiple thereof. For this purpose, the Debenture Trustee may make, and from time to time vary, regulations with respect to the manner in which such Debentures may be drawn for redemption in part or for redemption in cash and regulations so made shall be valid and binding upon all holders of such Debentures notwithstanding the fact that as a result thereof any one or more of such Debentures may become subject to redemption in part only or for cash only. In the event that any one or more of such Debentures become becomes subject to redemption in part only, upon surrender of any such Debentures for paymentpayment of the Redemption Price, together with interest accrued to but excluding the Redemption Date, the Corporation shall execute and the Debenture Trustee shall certify Authenticate and deliver without charge to the holder thereof or upon the holder's order one or more new Debentures for the unredeemed part of the principal amount of the Debenture or Debentures so surrendered or, with respect to a Global an Uncertificated Debenture, registration and surrender of interests in the Depository shall make notations on Debentures will be made only through the Global Debenture of the principal amount thereof so redeemedDepository's non-certificated system. Unless the context otherwise requires, the terms "Debenture" or "Debentures" as used in this Article 4 shall be deemed to mean or include any part of the principal amount of any Debenture which, which in accordance with the foregoing provisions, provisions has become subject to redemption.
Appears in 1 contract
Partial Redemption. If In the event that less than all the Debentures of any series for the time being outstanding are at any time to be redeemed, or if a portion of the Debentures being redeemed are being redeemed for cash and another portion of such Debentures are being redeemed by the payment of freely Tradeable Common Shares, the Debentures so to be redeemed shall be selected by the Debenture Trustee on a pro rata basis to the nearest multiple of $1,000 in accordance with the principal amount of the Debentures registered in the name of each holder or by lot in such other manner as the Debenture Trustee deems may deem equitable, subject to the approval of the Toronto Stock Exchange. Unless otherwise specifically provided in the terms of any Debentures, no Debenture shall be redeemed in part unless the principal amount redeemed is $1,000 or a multiple thereof. For this purpose, the Debenture Trustee may make, and from time to time vary, regulations with respect to the manner in which such Debentures may be drawn for redemption in part or for redemption in cash and regulations so made shall be valid and binding upon all holders of such Debentures notwithstanding the fact that as a result thereof any one or more of such Debentures may become subject to redemption in part only or for cash only. In the event that any one or more of such Debentures become becomes subject to redemption in part only, upon surrender of any such Debentures for paymentpayment of the redemption price, the Corporation shall execute and the Debenture Trustee shall certify and deliver without charge to the holder thereof or upon his order one or more new Debentures for the unredeemed part of the principal amount of the Debenture or Debentures so surrendered or, with respect to a Global Debenture, the Depository shall make notations on the Global Debenture of the principal amount thereof so redeemedsurrendered. Unless the context otherwise requires, the terms "Debenture" or "Debentures" as used in this Article 4 shall be deemed to mean or include any part of the principal amount of any Debenture which, which in accordance with the foregoing provisions, provisions has become subject to redemption.
Appears in 1 contract
Partial Redemption. If less than all the Debentures of any series for the time being outstanding are at any time to be redeemed, or if a portion of the Debentures being redeemed are being redeemed for cash and another portion of such Debentures are being redeemed by the payment of freely Tradeable Common Shares, the Debentures to be so redeemed shall be selected by the Debenture Trustee on a pro rata basis to the nearest multiple of $1,000 in accordance with the principal amount of the Debentures registered in the name of each holder or in such other manner as the Debenture Trustee deems equitable, subject to the approval of the Toronto Stock Exchangeholder. Unless otherwise specifically provided in the terms of any series of Debentures, no Debenture shall be redeemed in part unless the principal amount redeemed is $1,000 or a multiple thereof. For this purpose, the Debenture Trustee may make, and from time to time vary, regulations with respect to the manner in which such Debentures may be drawn for redemption in part or for redemption in cash and regulations so made shall be valid and binding upon all holders of such Debentures notwithstanding the fact that as a result thereof any one or more of such Debentures may become subject to redemption in part only or for cash only. In the event that any one or more of such Debentures become becomes subject to redemption in part only, upon surrender of any such Debentures for paymentpayment of the Redemption Price, the Corporation shall execute and the Debenture Trustee shall certify and deliver without charge to the holder thereof or upon the holder’s order one or more new Debentures for the unredeemed part of the principal amount of the Debenture or Debentures so surrendered or, with respect to a Global an Uncertificated Debenture, registration and surrender of interests in the Depository shall make notations on Debentures will be made only through the Global Debenture of the principal amount thereof so redeemedDepositary’s non-certificated system. Unless the context otherwise requires, the terms "“Debenture" ” or "“Debentures" ” as used in this Article 4 shall be deemed to mean or include any part of the principal amount of any Debenture which, which in accordance with the foregoing provisions, provisions has become subject to redemption.
Appears in 1 contract
Samples: Indenture
Partial Redemption. If less than all the Debentures of any series for the time being outstanding are at any time to be redeemed, or if a portion of the Debentures being redeemed are being redeemed for cash and another portion of such Debentures are being redeemed by the payment of freely Tradeable Common Shares, the Debentures to be so redeemed shall be selected by the Debenture Trustee on a pro rata basis to the nearest multiple of $1,000 in accordance with the principal amount of the Debentures registered in the name of each holder or in such other manner as the Debenture Trustee deems equitable, subject as may be required from time to the approval of the Toronto Stock Exchangetime. Unless otherwise specifically provided in the terms of any series of Debentures, no Debenture shall be redeemed in part unless the principal amount redeemed is $1,000 or a multiple thereof. For this purpose, the Debenture Trustee may make, and from time to time vary, regulations with respect to the manner in which such Debentures may be drawn for redemption in part or for redemption in cash and regulations so made shall be valid and binding upon all holders of such Debentures notwithstanding the fact that as a result thereof any one or more of such Debentures may become subject to redemption in part only or for cash only. In the event that any one or more of such Debentures become becomes subject to redemption in part only, upon surrender of any such Debentures for paymentpayment of the Redemption Price, the Corporation shall execute and the Debenture Trustee shall certify and deliver without charge to the holder thereof or upon the holder’s order one or more new Debentures for the unredeemed part of the principal amount of the Debenture or Debentures so surrendered or, with respect to a Global an Uncertificated Debenture, registration and surrender of interests in the Depository shall make notations on Debentures will be made only through the Global Debenture of the principal amount thereof so redeemedDepositary’s non-certificated system. Unless the context otherwise requires, the terms "“Debenture" ” or "“Debentures" ” as used in this Article 4 shall be deemed to mean or include any part of the principal amount of any Debenture which, which in accordance with the foregoing provisions, provisions has become subject to redemption.
Appears in 1 contract
Samples: Convertible Debenture Indenture
Partial Redemption. If less than all the Debentures of any series or issue for the time being outstanding are at any time to be redeemed, or if a portion of the Debentures being redeemed are being redeemed for cash and another portion of such Debentures are being redeemed by the payment of freely Tradeable Common Shares, the Debentures so to be redeemed shall be selected by the Debenture Trustee (i) in the case of fully registered Debentures, on a pro rata basis to the nearest multiple of $1,000 in accordance with the principal amount of the Debentures registered in the name of each holder holder, or (ii) in such other manner as the Debenture Trustee deems may deem equitable, subject to the approval of the Toronto Stock Exchange. Unless otherwise specifically provided in the terms of any series or issue of Debentures, no Debenture shall be redeemed in part unless the principal amount redeemed is $1,000 or a multiple thereof. For this purpose, the Debenture Trustee may make, and from time to time vary, regulations with respect to the manner in which such Debentures may be drawn for redemption in part or for redemption in cash and regulations so made shall be valid and binding upon all holders of such Debentures notwithstanding the fact that as a result thereof any one or more of such Debentures may become subject to redemption in part only or for cash only. In the event that any one or more of such Debentures become becomes subject to redemption in part only, upon surrender of any such Debentures for paymentpayment of the redemption price, the Corporation Company shall execute and the Debenture Trustee shall certify and deliver without charge to the holder thereof or upon the holder’s order one or more new Debentures for the unredeemed part of the principal amount of the Debenture or Debentures so surrendered or, with respect to a Global Debenture, the Depository Depositary shall make notations on the Global Debenture of the principal amount thereof so redeemed. Unless the context otherwise requires, the terms "“Debenture" ” or "“Debentures" ” as used in this Article 4 IV shall be deemed to mean or include any part of the principal amount of any Debenture which, which in accordance with the foregoing provisions, provisions has become subject to redemption.
Appears in 1 contract
Partial Redemption. If less than all the Debentures of any series for the time being outstanding are at any time to be redeemed, or if a portion of the Debentures being redeemed are being redeemed for cash and another portion of such Debentures are being redeemed by the payment of freely Tradeable Common Shares, the Debentures to be so redeemed shall be selected by the Debenture Trustee on a pro rata basis to the nearest multiple of $1,000 in accordance with the principal amount of the Debentures registered in the name of each holder or in such other manner as the Debenture Trustee deems equitable, subject to the approval of the Toronto Stock ExchangeCSE or such other exchange on which the Debentures are then listed, as may be required from time to time. Unless otherwise specifically provided in the terms of any Debentures, no No Debenture shall be redeemed in part unless the principal amount redeemed is $1,000 or a multiple thereof. For this purpose, the Debenture Trustee may make, and from time to time vary, regulations with respect to the manner in which such Debentures may be drawn for redemption in part or for redemption in cash and regulations so made shall be valid and binding upon all holders of such Debentures notwithstanding the fact that as a result thereof any one or more of such Debentures may become subject to redemption in part only or for cash only. In the event that any one or more of such Debentures become becomes subject to redemption in part only, upon surrender of any such Debentures for paymentpayment of the Redemption Price, together with interest accrued to but excluding the Redemption Date, the Corporation shall execute and the Debenture Trustee shall certify and deliver without charge to the holder thereof or upon the holder’s order one or more new Debentures for the unredeemed part of the principal amount of the Debenture or Debentures so surrendered or, with respect to a Global Debenture, the Depository shall make notations on the Global Debenture of the principal amount thereof so redeemedsurrendered. Unless the context otherwise requires, the terms "“Debenture" ” or "“Debentures" ” as used in this Article 4 shall be deemed to mean or include any part of the principal amount of any Debenture which, which in accordance with the foregoing provisions, provisions has become subject to redemption.
Appears in 1 contract
Samples: Debenture Indenture
Partial Redemption. If less than all the Debentures of any series for the time being outstanding are at any time to be redeemed, or if a portion of the Debentures being redeemed are being redeemed for cash and another a portion of such Debentures are being redeemed by the payment of freely Freely Tradeable Common SharesIssuer Shares pursuant to Section 4.6, the Debentures to be so redeemed shall be selected by the Debenture Trustee on a pro rata basis to the nearest multiple of $1,000 1,000, or such other amount as determined by the Issuer, in accordance with the principal amount of the Debentures registered in the name of each holder Debentureholder or in such other manner as the Debenture Trustee deems equitable, subject to the approval of the Toronto Stock ExchangeTSX, as may be required from time to time. Unless otherwise specifically provided in the terms of any series of Debentures, no Debenture shall be redeemed in part unless the principal amount redeemed is $1,000 or such other amount as determined by the Issuer, or a multiple thereofthereof as applicable. For this purpose, the Debenture Trustee may make, and from time to time vary, regulations with respect to the manner in which such Debentures may be drawn for redemption in part or for redemption in cash and regulations so made shall be valid and binding upon all holders of such Debentures Debentureholders notwithstanding the fact that as a result thereof any one or more of such Debentures may become subject to redemption in part only or for cash only. In the event that any one or more of such Debentures become becomes subject to redemption in part only, upon surrender of any such Debentures for paymentpayment of the Redemption Price, together with interest accrued to but excluding the Redemption Date, the Corporation Issuer shall execute and the Debenture Trustee shall certify and deliver without charge to the holder Debentureholder thereof or upon the Debentureholder’s order one or more new Debentures for the unredeemed part of the principal amount of the Debenture or Debentures so surrendered or, with respect to a Global Debenture, the Depository Depositary shall make notations on the Global Debenture of the principal amount thereof so redeemed. Unless the context otherwise requires, the terms "“Debenture" ” or "“Debentures" ” as used in this Article 4 shall be deemed to mean or include any part of the principal amount of any Debenture which, which in accordance with the foregoing provisions, provisions has become subject to redemption.
Appears in 1 contract
Samples: Trust Indenture (Algonquin Power & Utilities Corp.)
Partial Redemption. If less than all the Debentures of any series for the time being outstanding are at any time to be redeemed, or if a portion of the Debentures being redeemed are being redeemed for cash and another a portion of such Debentures are being redeemed by the payment of freely Freely Tradeable Common SharesShares pursuant to Section 4.6, the Debentures to be so redeemed shall be selected by the Debenture Trustee on a pro rata basis to the nearest multiple of $1,000 in accordance with the principal amount of the Debentures registered in the name of each holder or in such other manner as the Debenture Trustee deems equitable, subject to the approval of the Toronto Stock ExchangeExchange or such other exchange on which the Debentures are then listed, as may be required from time to time. Unless otherwise specifically provided in the terms of any series of Debentures, no Debenture shall be redeemed in part unless the principal amount redeemed is $1,000 or a multiple thereof. For this purpose, the Debenture Trustee may make, and from time to time vary, regulations with respect to the manner in which such Debentures may be drawn for redemption in part or for redemption in cash and regulations so made shall be valid and binding upon all holders of such Debentures notwithstanding the fact that as a result thereof any one or more of such Debentures may become subject to redemption in part only or for cash only. In the event that any one or more of such Debentures become becomes subject to redemption in part only, upon surrender of any such Debentures for paymentpayment of the Redemption Price, the Corporation shall execute and the Debenture Trustee shall certify and deliver without charge to the holder thereof or upon the holder’s order one or more new Debentures for the unredeemed part of the principal amount of the Debenture or Debentures so surrendered or, with respect to a Global Debenture, the Depository shall make notations on the Global Debenture of the principal amount thereof so redeemed. Unless the context otherwise requires, the terms "“Debenture" ” or "“Debentures" ” as used in this Article 4 shall be deemed to mean or include any part of the principal amount of any Debenture which, which in accordance with the foregoing provisions, provisions has become subject to redemption.
Appears in 1 contract
Samples: Convertible Debenture Indenture (Anderson Energy LTD)
Partial Redemption. If less than all the Debentures of any series for the time being outstanding are at any time to be redeemed, or if the Corporation shall, at least 15 days before the date upon which the Redemption Notice is to be given, notify the Trustee by a portion Written Direction of the Debentures being redeemed are being redeemed for cash and another portion Corporation of its intention to redeem such Debentures are being redeemed by and of the payment aggregate principal amount of freely Tradeable Common Shares, the Debentures to be redeemed. The Debentures to be so redeemed shall be selected by the Debenture Trustee (i) on a pro rata basis to the nearest multiple of $1,000 in accordance with the principal amount of the Debentures registered in the name of each holder holder, or (ii) by lot in such other manner as the Debenture Trustee deems equitable, subject to the any required approval of the Toronto Stock Exchangeexchange or market on which the Debentures are then listed, as may be required from time to time. Unless otherwise specifically provided in the terms of any Debentures, no No Debenture shall be redeemed in part unless the principal amount redeemed is $1,000 or a multiple thereof. For this purpose, the Debenture Trustee may make, and from time to time vary, regulations with respect to the manner in which such Debentures may be drawn for redemption in part or for redemption in cash and regulations so made shall be valid and binding upon all holders of such Debentures notwithstanding the fact that as a result thereof any one or more of such Debentures may become subject to redemption in part only or for cash only. In the event that any one or more of such Debentures become becomes subject to redemption in part only, upon surrender of any such Debentures for paymentpayment of the Redemption Price, together with interest accrued but unpaid to but excluding the Redemption Date, the Corporation shall execute and the Debenture Trustee shall certify and deliver without charge to the holder thereof or upon the holder's order one or more new Debentures for the unredeemed part of the principal amount of the Debenture or Debentures so surrendered or, with respect to a Global Debenture, the Depository shall make notations on the Global Debenture of the principal amount thereof so redeemedsurrendered. Unless the context otherwise requires, the terms "Debenture" or "Debentures" as used in this Article 4 shall be deemed to mean or include any part of the principal amount of any Debenture which, which in accordance with the foregoing provisions, provisions has become subject to redemption.
Appears in 1 contract
Samples: Trust Indenture (NexGen Energy Ltd.)
Partial Redemption. If less than all the Debentures of any series for the time being outstanding are at any time to be redeemed, or if a portion of the Debentures being redeemed are being redeemed for cash and another a portion of such Debentures are being redeemed by the payment of freely Freely Tradeable Common SharesShares pursuant to Section 4.6, the Debentures to be so redeemed shall be selected by the Debenture Trustee on a pro rata basis to the nearest multiple of $1,000 in accordance with the principal amount of the Debentures registered in the name of each holder or in such other manner as the Debenture Trustee deems equitable, subject to the approval of the Toronto Stock ExchangeTSX (or such other exchange on which the Corporation has listed the Debentures), as may be required from time to time. Unless otherwise specifically provided in the terms of any series of Debentures, no Debenture shall be redeemed in part unless the principal amount redeemed is $1,000 or a multiple thereof. For this purpose, the Debenture Trustee may make, and from time to time vary, regulations with respect to the manner in which such Debentures may be drawn for redemption in part or for redemption in cash and regulations so made shall be valid and binding upon all holders of such Debentures notwithstanding the fact that as a result thereof any one or more of such Debentures may become subject to redemption in part only or for cash only. In the event that any one or more of such Debentures become becomes subject to redemption in part only, upon surrender of any such Debentures for paymentpayment of the Redemption Price, the Corporation shall execute and the Debenture Trustee shall certify and deliver without charge to the holder thereof or upon the holder's order one or more new Debentures for the unredeemed part of the principal amount of the Debenture or Debentures so surrendered or, with respect to a Global Debenture, the Depository shall make notations on the Global Debenture of the principal amount thereof so redeemed. Unless the context otherwise requires, the terms "Debenture" or "Debentures" as used in this Article 4 shall be deemed to mean or include any part of the principal amount of any Debenture which, which in accordance with the foregoing provisions, provisions has become subject to redemption.
Appears in 1 contract
Samples: Indenture
Partial Redemption. If less than all the Debentures of any series for the time being outstanding are at any time to be redeemed, or if a portion of the Debentures being redeemed are being redeemed for cash and another portion of such Debentures are being redeemed by the payment of freely Tradeable Common Shares, the Debentures to be so redeemed shall be selected by the Debenture Indenture Trustee on a pro rata basis to the nearest multiple of $1,000 in accordance with the principal amount of the Debentures registered in the name of each holder or in such other manner as the Debenture Trustee deems equitable, subject to the approval of the Toronto Stock Exchangeholder. Unless otherwise specifically provided in the terms of any series of Debentures, no Debenture shall be redeemed in part unless the principal amount redeemed is $1,000 or a multiple thereof. For this purpose, the Debenture Indenture Trustee may make, and from time to time vary, regulations with respect to the manner in which such Debentures may be drawn for redemption in part or for redemption in cash and regulations so made shall be valid and binding upon all holders of such Debentures notwithstanding the fact that as a result thereof any one or more of such Debentures may become subject to redemption in part only or for cash only. In the event that any one or more of such Debentures become becomes subject to redemption in part only, upon surrender of any such Debentures for paymentpayment of the Redemption Price, the Corporation shall execute and the Debenture Indenture Trustee shall certify and deliver without charge to the holder thereof or upon the holder's order one or more new Debentures for the unredeemed part of the principal amount of the Debenture or Debentures so surrendered or, with respect to a Global Debenture, the Depository shall make notations on the Global Debenture of the principal amount thereof so redeemedsurrendered. Unless the context otherwise requires, the terms "Debenture" or "Debentures" as used in this Article 4 shall be deemed to mean or include any part of the principal amount of any Debenture which, which in accordance with the foregoing provisions, provisions has become subject to redemption.
Appears in 1 contract
Samples: Trust Indenture
Partial Redemption. If less than all the Debentures of any series for the time being outstanding are at any time to be redeemed, or if a portion of the Debentures being redeemed are being redeemed for cash and another a portion of such Debentures are being redeemed by the payment of freely Freely Tradeable Common SharesIssuer Shares pursuant to Section 4.6, the Debentures to be so redeemed shall be selected by the Debenture Trustee on a pro rata basis to the nearest multiple of $1,000 1,000, or such other amount as determined by the Issuer, in accordance with the principal amount of the Debentures registered in the name of each holder Debentureholder or in such other manner as the Debenture Trustee deems equitable, subject to the approval of the Toronto Stock ExchangeTSX, as may be required from time to time. Unless otherwise specifically provided in the terms of any series of Debentures, no Debenture shall be redeemed in part unless the principal amount redeemed is $1,000 or such other amount as determined by the Issuer, or a multiple thereof, as applicable. For this purpose, the Debenture Trustee may make, and from time to time vary, regulations with respect to the manner in which such Debentures may be drawn for redemption in part or for redemption in cash and regulations so made shall be valid and binding upon all holders of such Debentures Debentureholders notwithstanding the fact that as a result thereof any one or more of such Debentures may become subject to redemption in part only or for cash only. In the event that any one or more of such Debentures become becomes subject to redemption in part only, upon surrender of any such Debentures for paymentpayment of the Redemption Price, together with interest accrued to but excluding the Redemption Date, the Corporation Issuer shall execute and the Debenture Trustee shall certify and deliver without charge to the holder Debentureholder thereof or upon the Debentureholder’s order one or more new Debentures for the unredeemed part of the principal amount of the Debenture or Debentures so surrendered or, with respect to a Global Debenture, the Depository Depositary shall make notations on the Global Debenture of the principal amount thereof so redeemed. Unless the context otherwise requires, the terms "“Debenture" ” or "“Debentures" ” as used in this Article 4 shall be deemed to mean or include any part of the principal amount of any Debenture which, which in accordance with the foregoing provisions, provisions has become subject to redemption.
Appears in 1 contract
Samples: Trust Indenture (Algonquin Power & Utilities Corp.)
Partial Redemption. If less than all the Debentures of any series for the time being outstanding are at any time to be redeemed, or if a portion of the Debentures being redeemed are being redeemed for cash and another portion of such Debentures are being redeemed by the payment of freely Tradeable Common Shares, the Debentures to be so redeemed shall be selected by the Debenture Trustee on a pro rata basis to the nearest multiple of $1,000 in accordance with the principal amount of the Debentures registered in the name of each holder or in such other manner as the Debenture Trustee deems equitable, subject as may be required from time to the approval of the Toronto Stock Exchangetime. Unless otherwise specifically provided in the terms of any series of Debentures, no Debenture shall be redeemed in part unless the principal amount redeemed is $1,000 or a multiple thereof. For this purpose, the Debenture Trustee may make, and from time to time vary, regulations with respect to the manner in which such Debentures may be drawn for redemption in part or for redemption in cash and regulations so made shall be valid and binding upon all holders of such Debentures notwithstanding the fact that as a result thereof any one or more of such Debentures may become subject to redemption in part only or for cash only. In the event that any one or more of such Debentures become becomes subject to redemption in part only, upon surrender of any such Debentures for paymentpayment of the Redemption Price, the Corporation shall execute and the Debenture Trustee shall certify and deliver without charge to the holder thereof or upon the holder’s order one or more new Debentures for the unredeemed part of the principal amount of the Debenture or Debentures so surrendered or, with respect to a Global an Uncertificated Debenture, registration and surrender of interests in the Depository shall make notations on Debentures will be made only through the Global Debenture of the principal amount thereof so redeemedDepositary’s non-certificated system. Unless the context otherwise requires, the terms "“Debenture" ” or "“Debentures" ” as used in this Article 4 shall be deemed to mean or include any part of the principal amount of any Debenture which, which in accordance with the foregoing provisions, provisions has become subject to redemption.
Appears in 1 contract
Samples: Indenture