Transfer of Debentures. At the time the Debenture is presented or surrendered for registration of transfer it shall (if so required by the Company) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company, duly executed by the Holder thereof or his attorney duly authorized in writing. No service charge shall be made for any registration of transfer, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer of the Debentures.
Transfer of Debentures. The Debentures shall be transferable and transmittable in the same manner and to the same extent and be subject to the same restrictions and limitations as in the case of the equity shares of the Company. The provisions relating to transfer and transmission in respect of the shares as provided in the Articles of Association of the Company shall apply, mutatis mutandis, to the Debentures. Transfer of Debentures in dematerialized form would be in accordance with the rules/procedures as prescribed by the Depository.
Transfer of Debentures. The Debentures shall be freely transferable in accordance with the procedure for transfer of dematerialized securities under the Xxxxxxxxxxxx Xxx, 0000 and the rules made thereunder, the SEBI (Depositories and Participants) Regulations, 1996, the bye-laws, rules and regulations of the relevant Depositories and depository participants and other applicable Law.
Transfer of Debentures. 6.1 Transfer of Debentures in dematerialised form would be in accordance with the rules/procedures as prescribed by the Depository and the relevant rules and regulations of SEBI. The Debentures (or any Interest therein) shall be freely transferable and / or transmitted in accordance with the provisions of Applicable Law including the Xxxxxxxxxxxx Xxx, 0000 and the regulations made there under and the rules, regulations and byelaws of the Depository.
Transfer of Debentures. Subject to the terms of the Information Memorandum, the Debentures shall be freely transferable in accordance with the procedure for transfer of dematerialized securities under the Depositories Act, 1996, Securities and Exchange Board of India (Depositories and Participants) Regulations, 1996, rules notified by the Depositories/depository participant from time to time and other Applicable Laws and rules notified in respect thereof. Subject to the terms of the Information Memorandum, the Debenture Holders shall also have the right to novate, transfer or assign their rights and/or the benefits under the Debenture Documents upon such transfer/transmission of the Debentures without prior notice to the Issuer and at the Debenture Holders' own cost and expense. It is clarified that the Issuer shall not assign any of the rights, duties or obligations under the Transaction Documents or in relation to the Debentures without the prior written consent of the Secured Parties.
Transfer of Debentures. (a) These Debentures shall be freely transferable and the registration of such transfer shall not be subject to any restriction, save and except to the extent required for compliance with statutory requirements.
Transfer of Debentures. The Corporation shall record transfers of Debentures made by the registered holder (or by his duly appointed attorney) by written instrument. No service charge shall be paid for any registration of transfer or exchange of the Debentures (or the conversion thereof pursuant to Article 4) and the Corporation shall pay any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of the Debentures (or the conversion thereof pursuant to Article 4), excluding therefrom any income or analogous taxes upon the Debentureholders.
Transfer of Debentures. 14.1. The Debentures shall be freely transferable and transmittable by the Debenture Holder(s) in whole or in part without the prior consent of the Company. The Debenture Holder(s) shall also have the right to novate, transfer or assign its rights and/or the benefits under the Transaction Documents upon such transfer/transmission of the Debentures.
Transfer of Debentures. The Debentures are transferrable with respect to the full amount of the nominal principal, and also a part thereof, provided it is in whole shekels. Any transfer of the Debentures shall be made by a deed of transfer drawn up in the accepted form, duly signed by the registered holder or his legal representatives and by the transferee or his legal representatives, which shall be delivered to the Company at its registered office together with the certificates of the Debentures which are being transferred on the basis thereof as well as any other reasonable proof as requested by the Company in evidence of the transferor's right to transfer them. If any tax or other mandatory payment applies to the deed of transfer of the Debentures, the Company shall be given reasonable proof of the payment thereof. The Company's articles as relating to the transfer and endorsement of fully paid-up shares shall apply, mutatis mutandis, as the case may be, to the transfer and endorsement of the Debentures. If only a part of the amount of the nominal principal in a debenture certificate is transferred, the debenture certificate shall first be split, as provided in section 9 below, into the number of debenture certificates necessitated thereby, such that the total of the amounts of the nominal principal in those debenture certificates is equal to the amount of the nominal principal of such debenture certificate. Following the fulfillment of all the above stated conditions, the transfer shall be recorded in the Register, and the Company may demand that a caveat regarding such transfer be recorded on the transferred debenture certificate that is to be transferred to the transferee, or that a new debenture certificate be issued to him in its stead, and the transferee shall be subject to all the conditions set forth in the transferred debenture certificate, such that the term "holder" where it appears shall be deemed to refer to the "transferee," and the transferee shall be regarded as the "holder" for purposes of the Deed of Trust.
Transfer of Debentures. The Debentures shall be freely transferable and transmittable by the Debenture Holders in whole or in part without the prior consent of the Company.
