Capital debentures definition

Capital debentures means capital notes, capital debentures and any other form of unse-
Capital debentures means capital notes, capital debentures and any other form of unsecured obligations that an institution or stock savings bank issues to evidence borrowings in which the rights of the lender are subordinate to the rights of the depositors.
Capital debentures means capital notes, capital debentures and any other form of unsecured obligations issued by an insti- tution or stock savings bank to evidence borrowings where the rights of the lender are subordinate to the rights of the depos- itors.

Examples of Capital debentures in a sentence

  • Payment of FPL Group Capital debentures is absolutely, irrevocably and unconditionally guaranteed by FPL Group.

  • Hillair Capital debentures are senior to all other Company debt; and Hillair Capital has a first priority lien on all of the Company’s assets.The Issue Amount and accrued interest would be convertible at Hillair’s option at any time into shares of Company Common Stock with the initial conversion price per share based on $15,000,000 equity valuation divided by the number of common shares outstanding on October 31, 2015 after voluntary debt conversions, if any (the “New Conversion Price”).


More Definitions of Capital debentures

Capital debentures means capital notes, capital debentures and any other form of unse- cured obligations [issued by] that an institution or stock savings bank issues to evidence bor- rowings [where] in which the rights of the lender are subordinate to the rights of the depositors.
Capital debentures means capital notes, capital debentures and any

Related to Capital debentures

  • Initial Debentures means the Debentures designated as “9.5% Unsecured Convertible Debentures” and described in Section 2.5;

  • Subordinated Debentures means the debentures exchangeable by the Company for the Preferred Stock in accordance with the Certificate of Designations therefor.

  • Series A Debentures means the 8.675% Series A Junior Subordinated Deferrable Interest Debentures due February 1, 2027 of the Debenture Issuer issued pursuant to the Indenture.

  • Series B Debentures means the $200 million aggregate principal amount of 4.903% Series B senior unsecured debentures of the Trust due July 5, 2023.

  • Exchange Debentures has the meaning set forth in Section 2(a) hereof.

  • Bridge Notes means the series of notes, of which this Note is a part, dated on or about the date hereof, each of which are identical, other than the date of the Note, identity of the Holder and principal amount of this Note.

  • Other Debentures means all junior subordinated debentures issued by the Guarantor from time to time and sold to trusts to be established by the Guarantor (if any), in each case similar to the Issuer.

  • Debentures has the meaning stated in the first recital of this Indenture.

  • Subordinated Note Amount has the meaning set forth in the Recitals.

  • Convertible Debenture means the 6% convertible debenture dated July 1, 2008 and due July 1, 2011, in the amount of CAD$10,000,000 issued by Orezone to the Debentureholder;

  • Convertible Debentures means the 10½% Convertible Subordinated Debentures due 2007 of the Company.

  • Convertible Notes means the 2.75% Convertible Senior Notes of the Borrower due 2022 issued pursuant to the Convertible Notes Indenture.

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.

  • Debenture Redemption Date means, with respect to any Debentures to be redeemed under the Indenture, the date fixed for redemption under the Indenture.

  • Junior Subordinated Debentures means the aggregate principal amount of the Depositor's ____% Junior Subordinated Deferrable Interest Debentures, due ________ __, 2027, issued pursuant to the Indenture.

  • Debenture Indenture means the Indenture, dated as of December 1, 1989, between United Parcel Service of America, Inc. and Chemical Bank pursuant to which the 8-3/8% Debentures Due April 1, 2020 were issued, as in effect on the date of this Agreement (without giving effect to any amendment, supplement or other modification thereto, any repayment or covenant defeasance thereunder or any termination thereof), a copy of which is attached as Exhibit F hereto.

  • New Convertible Notes means the Company’s 5.0% Senior Unsecured Convertible Notes due 2023.

  • Qualified Capital Interests in any Person means a class of Capital Interests other than Redeemable Capital Interests.

  • Debenture Holders representative” means a person designated as such in an agency deed;

  • Existing Convertible Notes means any convertible notes or other convertible debt securities of the Company outstanding on the date of this Agreement.

  • 2013 Notes means the 4.375% Senior Secured Notes due 2023 and the 5.950% Senior Secured Notes due 2043 issued by the Issuer on March 18, 2013.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • Global Debenture shall have the meaning set forth in Section 2.4(a).

  • 2014 Notes means the aggregate principal amount of US$399,517,000 of 10.25% Guaranteed Senior Notes Due 2014 issued pursuant to the 2014 Note Indenture.

  • Series D Notes is defined in Section 1.

  • 2029 Notes has the meaning specified in the recitals of this Supplemental Indenture.