bearer debenture definition

bearer debenture means any Debenture in the form established pursuant to Section 2.1 which is payable to bearer.
bearer debenture means any debenture of an international company which is either payable to or enforceable by any person, who for the time being lawfully has possession of that debenture, but does not include a debenture lodged with a trustee company as custodian of the document, pursuant to section 15;
bearer debenture means a debenture the principal or interest of which is by its terms payable to the bearer of the debenture for the time being, and includes a renounceable or transferable letter of allotment or acceptance in respect of debentures;

More Definitions of bearer debenture

bearer debenture means any debenture of an international company which is either payable to or enforceable by or both payable to and enforceable by any person who for the time is the bearer thereof;