Debenture definition

Debenture means debenture stock, mortgages, bonds and any other such securities of the Company whether constituting a charge on the assets of the Company or not.
Debenture or “Debentures” has the meaning stated in the first recital of this Indenture.
Debenture and “Debenture Holder” means and includes respectively “debenture stock” and “debenture stockholder”;

Examples of Debenture in a sentence

  • The Company's undertakings to the Trustee 68 1614780295.2 The Company hereby undertakes to the Trustee, and the Debenture Holders so long as the Debentures (Series D) have not been repaid in full, as follows: 18.

  • In the event that by the earlier of either the date of payment of the interest and/or principal or a reasonable period of time after receipt of the monetary amount, the Trustee does not have a sufficient sum to pay at least ILS 1 million, the Trustee may distribute the funds held by it to the Debenture Holders.

  • General In this Debenture (Series D), the terms below shall have the meaning set out next to them, and terms for which no meaning is provided below shall have the meaning given to them in the Deed of Trust, unless explicitly noted otherwise: "Business Day" or "Bank Business Day" Any day on which the TASE Clearing House and most banks in Israel are open for the execution of transactions.

  • It should be noted that the Trustee will not be able to enter into an agreement with the Company as aforesaid if this creates a conflict of interest with its tenure as Trustee for the Debenture (Series D) Holders.


More Definitions of Debenture

Debenture or "Debentures" means any Debenture or Debentures, as the case may be, authenticated and delivered under this Indenture.
Debenture or “Debentures” means this Convertible Debenture of the Company or such other convertible debenture(s) exchanged therefor as provided in Section 2.1.
Debenture or "Debentures" shall mean any Debenture or Debentures, as the case may be, authenticated and delivered under this Indenture.
Debenture means debt securities issued by ACE INA or the Parent to a Special Purpose Trust in exchange for proceeds of Preferred Securities and common securities of such Special Purpose Trust.
Debenture or "Debentures" mean the convertible debenture issued by the Company to the Holder.
Debenture means any one of such Debentures.
Debenture and all reference thereto, as used throughout this instrument, shall mean this instrument as originally executed, or if later amended or supplemented, then as so amended or supplemented, and any successor instrument as it may be amended or supplemented.