Examples of Angle Debentures in a sentence
In the event the Angle Debentureholders do not approve the Angle Debentureholder Arrangement Resolution, the Angle Debentures will remain outstanding following closing of the Arrangement and Angle will be required to make an offer to the holders of the Angle Debentures to purchase all the outstanding Angle Debentures at a purchase price equal to 100% of the principal amount of the Angle Debentures plus accrued and unpaid interest in accordance with the Angle Debenture Indenture.
In such event, Bellatrix will be required to make an offer to purchase all of the outstanding Angle Debentures at a price equal to 100% of the principal amount of the Angle Debentures plus accrued and unpaid interest in accordance with the terms of the Angle Debenture Indenture.
Percentages based on $60 million aggregate principal amount of Angle Debentures outstanding as of November 7, 2013.
PRO FORMA INFORMATION OF BELLATRIX AFTER GIVING EFFECT TO THE ARRANGEMENT General The Arrangement will result in the acquisition of all of the Angle Shares and Angle Debentures by Bellatrix and the amalgamation of Bellatrix, Angle and ARI to form one corporation.
Assumes the Angle Debentures participate in the Arrangement and are not outstanding following the Effective Time.
In the circumstances where either the Angle Debentureholder Arrangement Resolution is not approved by Angle Debentureholders at the Angle Debentureholder Meeting or Dissent Rights have been validly exercised in respect of more than 5% of the aggregate principal amount of Angle Debentures outstanding (and such condition is not waived by Bellatrix), the Angle Debentures will be excluded from the Arrangement and will remain outstanding following completion of the Arrangement.
Pursuant to the Arrangement, holders of Angle Debentures (other than Angle Debentures held by holders who have validly exercised their rights of dissent) will receive, for each $1,000 principal amount of outstanding Angle Debenture, a cash payment equal to $1,040, plus all accrued but unpaid interest payable thereon up to (but excluding) the effective date of the Arrangement.
Pursuant to the Arrangement, Angle Debentureholders (other than Angle Debentures held by holders who have validly exercised their rights of dissent) will receive, for each $1,000 principal amount of outstanding Angle Debenture, a cash payment equal to $1,040, plus all accrued but unpaid interest payable thereon up to (but excluding) the effective date of the Arrangement.