Debenture Debt definition

Debenture Debt means (i) all debt listed on Schedule 7.12 hereto under the heading “Subordinated Debentures” or “Senior Debentures” and (ii) all Permitted Debt.
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Debenture Debt means debt pursuant to the four outstanding debenture agreements between eVision and Online being: ° The $4,000,000 10% Convertible Debenture Due December 15, 2007 dated December 30, 1997 and all subsequent amendments; ° The $1,500,000 10% Convertible Debenture Due December 15, 2007 dated May 17, 1998; ° The $1,000,000 10% Convertible Debenture Due December 15, 2007 dated August 5, 1998; and ° The $1,000,000 12% Convertible Debenture Due December 15, 2007 dated November 17, 1998 which subsequently had $160,000 in principal paid down under the “Supplemental Letter of Agreement to the $500,000 12% convertible debenture due March 24, 1999 dated September 25, 1998 and all subsequent amendments issued by eVision to Online Credit and the $1,000,000 12% convertible debenture due December 15, 2007 dated November 17, 1998 issued by eVision to Online Credit” dated May 24, 2001.
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Debenture Debt means the outstanding $2,000,000 in principal and up to $700,000 in accrued interest under the Debentures.
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Examples of Debenture Debt in a sentence

  • Xxxxxxxx, then CEO of the Company, 1,000,000 shares of the Company's common stock for $100,000 ($.10 per share) during April, 1995 and that the Company offered to its Debenture Holders in August, 1995 the opportunity to convert their outstanding Debenture Debt for $.50 per share and the offer to convert was not accepted by a significant majority of the Debenture Holders and as a result, the Company did not accept the offer of the persons willing to convert.

  • Debenture Debt – SupportedThe debenture debt bears interest at rates varying between 7.5% and 9.88%.

  • The plan shows that there is a reasonably even distribution of vacant units throughout the centre, which indicates that there are no areas of weakness or failing parades.

  • GWM PLM/Secondary maintained by Bank comprised of Certificates of Bank Indonesia (“SBI”), Government Debenture Debt (“SUN”), Sharia Government Securities (“SBSN”), and/or excess reserve of the Bank’s Current Accounts in Rupiah over the primary GWM and GWM RIM/LFR.

  • Secondary Minimum Statutory Reserve and Macroprudential Liquidity Buffer are the minimum reserves that should be maintained by the Bank which comprised of Certificates of Bank Indonesia (SBI), Government Debenture Debt (SUN), and/or excess reserve which represent the excess reserve of the Bank’s Current Accounts in Rupiah over the Primary Minimum Statutory Reserve, Minimum Statutory Reserve on LFR and Macroprudential Intermediation Ratio (RIM).

  • The date upon which the Debenture Debt shall have been paid in full in cash.

  • Long-Term Debt: Loan Authorization Bylaw Purpose MaturingInterestRate 2015 2014 MFA Debenture Debt 557Field Rd. Admin Building20264.66 %1,902,8922,038,563550Comm.

  • SBA may request disbursement of escrowed moneys under the Escrow Agreement only if MorAmerica fails to pay the Debenture Debt at the time it becomes due and payable or if MorAmerica fails to fund the escrow as required by the first sentence of this paragraph 3.

  • The debt to be retired relates to $146,799 in Convertible Debenture Debt, which is held by six investors.

  • Debenture Debt – SupportedThe debenture debt bears interest at rates varying between 7.50% and 11.55%.


More Definitions of Debenture Debt

Debenture Debt. As defined in the Collateral Agency Agreement.
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Debenture Debt means all amounts due and owing by Clarocity pursuant to the Debentures, which is the amount of $23,739,468.65 as of May 17, 2019.
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Related to Debenture Debt

  • 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.

  • Bridge Note means a promissory note made by the Borrowers in favor of a Bridge Lender evidencing Bridge Loans made by such Bridge Lender substantially in the form of Exhibit E-2.

  • 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.

  • 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;

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

  • Convertible Debt means Debt issued by the Borrower which by its terms may be converted into or exchanged for equity securities of the Borrower at the option of the Borrower or the holder of such Debt, including without limitation, Debt with respect to which the performance due by the Borrower may be measured in whole or in part by reference to the value of an equity security of the Borrower but may be satisfied in whole or in part in cash.

  • 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.

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

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

  • Convertible Note means an instrument issued by a startup company evidencing receipt of money initially as debt, which is repayable at the option of the holder, or which is convertible into such number of equity shares of such startup company, within a period not exceeding five years from the date of issue of the convertible note, upon occurrence of specified events as per the other terms and conditions agreed to and indicated in the instrument;

  • 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.

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

  • Promissory Notes Security", "Record", "Security Account", "Software", and "Supporting Obligations".

  • Convertible Indebtedness means Indebtedness of the Parent that is convertible into common Equity Interests of the Parent (and cash in lieu of fractional shares) and/or cash (in an amount determined by reference to the price of such common Equity Interests).

  • 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.

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

  • Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.

  • New Notes shall have the meaning assigned to such term in Section 32.

  • Subordinated Indebtedness Documents means any document, agreement or instrument evidencing any Subordinated Indebtedness or entered into in connection with any Subordinated Indebtedness.

  • Convertible Subordinated Notes means any convertible subordinated notes or debentures issued by the Borrower after the date hereof, which are subordinated to the Obligations on terms no less favorable to the Lenders, in any material respect, than the 4.75% Convertible Subordinated Notes Due 2016 (as those terms were in effect and applied to the 4.75% Convertible Subordinated Notes Due 2016 prior to the repayment thereof in full on June 15, 2016).

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

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

  • Senior Unsecured Indebtedness means Indebtedness that is not subordinated to any other Indebtedness and is not secured or supported by a guarantee, letter of credit or other form of credit enhancement.

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

  • Note A shall have the meaning assigned to such term in the recitals.

  • 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.