Debenture Consideration definition

Debenture Consideration means a cash payment for each $1,000 principal amount of outstanding Pure Debentures equal to: (a) $1,346.90 plus (b) accrued and unpaid interest thereon up to and including the Effective Date, at the rate of interest specified in the Pure Debenture Indenture.
Sample 1Sample 2
Debenture Consideration means with respect to the Company 2013 Debentures and the Company 2016 Debentures, the product of the Consideration and the number of Common Shares that a Company Debentureholder would be entitled to receive upon the conversion of their Company Debentures in accordance with their terms immediately following the Effective Time of the Arrangement pursuant to the Indentures plus the applicable Debenture Interest Consideration.
Sample 1Sample 2
Debenture Consideration means, for each $1,000 of principal amount of Boulevard Debentures, a cash amount equal to the sum of (i) 101% of the principal amount thereof, being the amount that a holder of Boulevard Debentures would be entitled to receive upon the exercise of the put right for the Boulevard Debentures in accordance with the terms of subsection 2.4(j) of the Boulevard Debenture Indenture immediately following the Effective Time (if the Boulevard Debentures were not acquired by Boulevard under the Arrangement), (ii) accrued and unpaid interest on such principal amount up until, but excluding, the Effective Date, and (iii) an amount equal to the amount of interest that would otherwise be payable thereon from and including the Effective Date up until, but excluding, the date which is 30 days after the Effective Date, which aggregate amount shall be determined in accordance with subsection 3.1(r) of the Plan of Arrangement;
Sample 1

Examples of Debenture Consideration in a sentence

  • The Per Debenture Consideration multiplied by the number of Debentures to be purchased by the Purchasers hereunder is hereinafter referred to as the "Purchase Price".

  • The Debentures shall have the respective rights, preferences and privileges set forth in the form of Debenture annexed as Exhibit A, at a price per Debenture of One Thousand Dollars (US$1,000) (the "Per Debenture Consideration").

  • Consideration Section 3.2(a) Series B Debenture Consideration Section 3.2(a) Tax Claim........................

  • Certificates of all physically delivered Deposited Debentures, as well as a properly completed and duly executed Letter of Transmittal in the appropriate form, should be received by the Depositary at the address set forth on the last page hereof in order to facilitate prompt delivery of the Debenture Consideration commencing on or after the Effective Date.

  • The Per Debenture Consideration multiplied by the number of Debentures to be purchased by the Purchaser hereunder is hereinafter referred to as the "Purchase Price." The total principal amount of Debentures to be purchased by the Purchasers and the total Purchase Price shall be $ 333,000.

  • The Per Debenture Consideration multiplied by the number of Debentures to be purchased by the Purchaser hereunder is hereinafter referred to as the "Purchase Price." The Total principal amount of Debentures to be purchased by the Purchasers and the total Purchase Price shall be $530,000.

  • The certificate(s) described above are enclosed and the Twin Butte Debentureholder irrevocably deposits the above- mentioned Debenture certificates (the "Deposited Debentures") in exchange for the Debenture Consideration to which such holder is entitled pursuant to the Arrangement.

  • The undersigned hereby delivers to the Depositary the enclosed certificate(s) representing Debentures to be exchanged for the Debenture Consideration pursuant to and in accordance with the Arrangement, as described in detail in the Information Circular.

  • The Per Debenture Consideration multiplied by the number of Debentures to be purchased by the Purchaser hereunder is hereinafter referred to as the "Purchase Price." The total principal amount of Debentures to be purchased by the Purchasers and the total Purchase Price shall be $400,000.

  • In accordance with the Plan of Arrangement, at the time specified in the Plan of Arrangement, all Company Debentures outstanding immediately prior to the Effective Time shall be redeemed and the Company shall pay, in cash, in respect of such redeemed Company Debentures, the Debenture Consideration, subject to the applicable Tax withholding and other source deduction provisions of the Plan of Arrangement.


More Definitions of Debenture Consideration

Debenture Consideration means a cash payment for each $1,000 principal amount of outstanding Pure Debentures equal to (a) $1,346.90 plus (b) accrued and unpaid interest thereon up to and including the Effective Date, at the rate of interest specified in the Pure Debenture Indenture.
Sample 1
Debenture Consideration means, for each $1,000 principal amount of Debentures, $140, plus accrued and unpaid interest payable thereon up to but excluding the Effective Date including, for greater certainty, the Deferred Debenture Interest;
Sample 1