Debenture Consideration definition

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 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 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

Examples of Debenture Consideration in a sentence

  • However, under the Plan of Arrangement, Debentureholders will receive the Debenture Consideration, being, for each $1,000 principal amount of Pure Debentures they own, $1,346.90 in cash, plus accrued and unpaid interest thereon up to and including the Effective Date, at the rate of interest specified in the Pure Debenture Indenture.

  • Under the terms of the Plan of Arrangement, the Purchaser will also acquire, at the Effective Time, the Pure Debentures in exchange for the Debenture Consideration, being a cash payment tothe Debentureholder for each $1,000 principal amount of outstanding Pure Debentures equal to $1,346.90 plus accrued and unpaid interest thereon up to and including the Effective Date, at the rate of interest specified in the Pure Debenture Indenture.

  • Consideration and Debenture Consideration Under the terms of the Plan of Arrangement, the Purchaser will acquire, at the Effective Time, all issued and outstanding Units and each Unitholder (other than Dissenting Holders) will receive the Consideration in cash, being $7.61 per Class A Unit (and $101.4350 per Class B Unit in cash, being the equivalent consideration for the Class B Units in accordance with the terms of the LP Agreement).

  • 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.

  • You will not receive your Share Consideration or Debenture Consideration, as applicable, under the Arrangement until after the Arrangement is completed and you have returned your properly completed documents, including the applicable Letter of Transmittal, the certificate(s) representing your Shares or Debentures and any other required documentation, to the Depositary.

  • The forms of Letters of Transmittal contain instructions on how to exchange the certificate(s) representing your Shares or Debentures, as applicable, for the Share Consideration or the Debenture Consideration, as applicable, under the Arrangement.

  • 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.

  • From and after the Effective Time, all certificates that represented Debentures immediately prior to the Effective Time will cease to represent any rights with respect to such Debentures and will only represent the right to receive the Debenture Consideration, provided that the Twin Butte Debentureholder Approval is obtained at the Meeting.

  • To be completed ONLY if the cheque(s) for the Debenture Consideration are to be sent to someone other than the person(s) indicated on page 6 under "Twin Butte Debentureholder Signature(s)" or to such persons at an address other than that appearing below.

  • 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.


More Definitions of Debenture Consideration

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

Related to Debenture Consideration

  • Share Consideration has the meaning given to it in Section 2.2;

  • Base Consideration is defined in Section 2.2.

  • Per Share Consideration means (i) if the consideration paid to holders of the Common Stock consists exclusively of cash, the amount of such cash per share of Common Stock, and (ii) in all other cases, the volume weighted average price of the Common Stock as reported during the ten (10) trading day period ending on the trading day prior to the effective date of the applicable event. If any reclassification or reorganization also results in a change in shares of Common Stock covered by subsection 4.1.1, then such adjustment shall be made pursuant to subsection 4.1.1 or Sections 4.2, 4.3 and this Section 4.4. The provisions of this Section 4.4 shall similarly apply to successive reclassifications, reorganizations, mergers or consolidations, sales or other transfers. In no event will the Warrant Price be reduced to less than the par value per share issuable upon exercise of the Warrant.

  • Exchangeable Share Consideration has the meaning provided in the Exchangeable Share Provisions;

  • Purchase Consideration means the aggregate net cash proceeds received by the Company or Specialty Foods Corporation ("SFC") (after deducting all fees and expenses incurred by the Company, SFC and/or their respective affiliates in connection with the Sale). By way of example, if the Purchase Consideration equaled $400,000,000, your Sale Bonus would be $400,000.00. The Sale Bonus shall be paid to you within three (3) months of the completion of the Sale.

  • Conversion Consideration shall have the meaning specified in Section 14.12(a).

  • Stock Consideration has the meaning set forth in Section 2.01(c).

  • Equity Consideration has the meaning set forth in Section 2.3(b)(ii).

  • Warrant Consideration has the meaning specified in Section 4(i)(i) hereof.

  • Transaction Consideration has the meaning set forth in Section 11.7 hereof.

  • Net Consideration means “net consideration” as defined in Regulation Section 1.848-2(f));

  • Exchange Consideration shall have the meaning set forth in Section 11(b)(i).

  • Sale Consideration means the value of the H-1 Bid and accepted and approved by BSNL for the Said Land Parcel in its Acceptance Letter.

  • Earn-Out Consideration is defined in Section 2.5(c).

  • Earnout Consideration has the meaning set forth in Section 2.6 below.

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Aggregate Stock Consideration means a number of shares of Acquiror Common Stock equal to the quotient obtained by dividing (i) (x) the Base Purchase Price less (y) the Aggregate Cash Consideration, by (ii) $10.00.

  • Scheme Consideration means, in respect of:

  • Initial Consideration shall have the meaning set forth in Section 5.01.

  • Contract Consideration has the meaning set forth in the definition of “Excess Cash Flow.”

  • Acquisition Consideration means the purchase consideration for any Permitted Acquisition and all other payments by Borrower or any of its Subsidiaries in exchange for, or as part of, or in connection with, any Permitted Acquisition, whether paid in cash or by exchange of Equity Interests or of properties or otherwise and whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and includes any and all payments representing the purchase price and any assumptions of Indebtedness, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any person or business; provided that any such future payment that is subject to a contingency shall be considered Acquisition Consideration only to the extent of the reserve, if any, required under GAAP at the time of such sale to be established in respect thereof by Borrower or any of its Subsidiaries.

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

  • Aggregate Consideration has the meaning set forth in Section 11.6(C).

  • Other Consideration means cash and/or any securities (other than New Shares) or assets (whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party).

  • Total Consideration shall have the meaning as set forth in Section 2.8.

  • Merger Consideration has the meaning set forth in Section 3.1(a).