Examples of Debenture Agent in a sentence
Nothing in this Indenture or in the Debentures, expressed or implied, will give or be construed to give to any person other than Puget, the Debenture Agent and the Registered Debenture holders, as the case may be, any legal or equitable right, remedy or claim under this Indenture, or under any covenant or provision herein or therein contained, all such covenants and provisions being for the sole benefit of Puget, the Debenture Agent and the Registered Debenture holders.
In relation to a transfer under (C) or (D) above, unless Puget and the Debenture Agent receive an opinion of counsel of recognized standing in form and substance to the effect that the U.S. restrictive legend set forth in §6.4(1) is no longer required on the Debenture Certificates representing the transferred Debentures, the Debenture Certificates received by the transferee will continue to bear the legend set forth in §6.4(1).
Certificates for the Class B Convertible Preferred Shares subscribed for will be mailed to the persons specified in the Conversion Form at their respective addresses specified therein or, if so specified in the Conversion Form, delivered to such persons at the office of the Debenture Agent where this Debenture Certificate is surrendered.
Each of the Parties, which will include the Debenture Agent and the Debenture holders as third party beneficiaries, irrevocably attorns to the exclusive jurisdiction of the courts of the State of Florida with respect to all matters arising out of this Indenture and the transactions contemplated herein and any proceedings related thereto will be held in Palm Beach County, Florida.
Puget, the Debenture Agent and the Debenture holders by engaging in the transactions contemplated hereby will be deemed to have acknowledged that Qest has acted as scrivener in this transaction but that Qest is neither a law firm nor an agency subject to any professional regulation or oversight.
Conversion Notices and Confirmations must be delivered to the Debenture Agent at any time during the Debenture Agent’s actual business hours on any Business Day prior to the Expiry Time.
In amplification of the foregoing, other than the Debenture Agent and the Debenture holders, no person shall be deemed a third party beneficiary of this Indenture.
Puget covenants that in the event any class of its securities is registered pursuant to §12 of the Exchange Act or any such registration or reporting obligation is suspended or terminated by Puget in accordance with the Exchange Act, Puget will promptly deliver to the Debenture Agent an officers’ certificate notifying the Debenture Agent of such registration or termination and such other information as the Debenture Agent may require at the applicable time.
Unless extended by Puget in its sole discretion, any conversion referred to in this §7.2 requires that the original Conversion Notice executed by the Registered Debenture holder or the Confirmation from the Depository be received by the Debenture Agent prior to the Expiry Time.
Because of the inherent conflict of interests involved, the Debenture Agent and all Debenture holders are advised to retain independent legal counsel to review this Indenture and its schedules and incorporated materials on their behalf.