Examples of Debenture Deed in a sentence
The principal amount of the debentures shall be paid up in Brazilian currency by the Debentureholder identified below according to the terms and conditions provided for in the Debenture Deed by the Debentureholder identified below.
No delay, inaction or liberality in the exercise of any right or prerogative entitled to the Debentureholder as a result of any default of the Issuer shall impair the exercise of such right or prerogative, nor shall be construed as a waiver thereof or agreement to such default, nor shall it constitute novation or amendment to any other obligations undertaken by Issuer in this Debenture Deed or previously in regards to any other default or delay.
On the Date of Issue of the Debenture, the Parties shall enter into a Subscription Bulletin in the form enclosed to this Debenture Deed as Exhibit I (“Subscription Bulletin”).
No delay, inaction or liberality in the exercise of any right or prerogative entitled to the Debentureholders as a result of any default of the Issuer shall impair the exercise of such right or prerogative, nor shall be construed as a waiver thereof or agreement to such default, nor shall it constitute novation or amendment to any other obligations undertaken by Issuer in this Debenture Deed or previously in regards to any other default or delay.
The debenture-holders may have the power under the Debenture Deed.
Due to repeated defaults of SARE Public, Wafra had exercised its right to appoint a Receiver as per the terms of the Debenture Deed dated 28.04.2011 and had appointed Mr. Augoustinos Papathomas as Receiver and Manager on all secured assets of SARE Public on 10.08.2018.
The First Petitioner has placed on record Debenture Trustee Agreement, Debenture Deed Agreement, Common Loan Agreement, Sponsor Undertaking and Trust and Retention Account Agreement.
On the Date of Issue of the Debentures, the Parties shall enter into a Subscription Bulletin in the form enclosed to this Debenture Deed as Exhibit I (“Subscription Bulletin”).
This led to variation on Debenture Deed, by executing the First Deed of Variation of Debenture as exhibited in P6.
It is submitted by learned Senior Counsel that the petitioner is in default of making payments under the said Debenture Deed not only during the period of COVID-19 pandemic but has been a defaulter since 4th July, 2019.