Debenture Financing definition

Debenture Financing means the concurrent brokered and non-brokered private placements of approximately 86,000 GGB Debentures at a price of C$1,000 per GGB Debenture, for gross proceeds of approximately C$86 million;
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Debenture Financing means the private placement offering of Cannus Convertible Debentures and Cannus Warrants prior to the Business Combination.
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Debenture Financing means the non-brokered private placement offering of up to $1.5 million aggregate principal amount of subordinated unsecured convertible debentures of the Purchaser which are accompanied by a Warrant, mature 24- months from closing of such offering, and bear interest at a rate of 10% per annum payable at maturity or upon conversion into Class A Shares of the Purchaser which is expected to close on or about October 15, 2019;
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Examples of Debenture Financing in a sentence

  • The net proceeds from the Debenture Financing were budgeted for the Optimization Plan at the Platosa Mine and for general corporate purposes.

  • When proper operation and management is achieved through technical assistance from line agencies and actual observation in successful MRFs in other LGU’s, the project could be replicated by the rest of the LGU’s in BIAD 1.

  • Because evil finds its indirect origin in God, the mystery of evil is a reflection of God’s own mystery.

  • Other Sources of Funding The Company raised gross proceeds of $61,200,000 in connection with the Debenture Financing.

  • All subscribers to the Debenture Financing entered into an agency and inter-lender agreement with the Company and a designated subscriber to the Debenture Financing (the “Agent”), pursuant to which the subscribers appointed the Agent to act on their behalf as to certain matters relating to the Debentures, including with respect to enforcement of the security interest.

  • The Company also entered into a Convertible Debenture Financing, which is described in Note 9 to the financial statements.

  • Please see Item 3.1 – General Business– Convertible Debenture Financing for details of this agreement.

  • The rise of shale oil extraction raised hopes that Jordan could leverage its underlying shale reserves to help meet future energy demands—spurring notions to build a shale oil power plant.

  • The Company will also issue to the Finder that number of finder’s warrants equal to 8% of the proceeds of the Debenture Financing, divided by the exercise price of CAD$0.25 (each a “Finder Warrant”).

  • Convertible Notes Date of Issuance Description of Security Price per Security (1) Issued pursuant to the Convertible Debenture Financing.


More Definitions of Debenture Financing

Debenture Financing means the non-brokered private placement offering of up to $1.5 million aggregate principal amount of subordinated unsecured convertible debentures of TCNC which are accompanied by a Warrant, mature 24-months from closing of such offering, and bear interest at a rate of 10% per annum payable at maturity or upon conversion into Class A Shares of TCNC which is expected to close on or about December 15, 2019;
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Debenture Financing means the Ikänik financing by way of private placement offering of Ikänik Convertible Debentures and Ikänik Warrants prior to the Business Combination.
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Debenture Financing means the financing contemplated by Auxico by the issuance of unsecured convertible debenture being convertible into 5,000,000 Auxico Shares for gross proceeds of US$2,000,000.
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Debenture Financing has the meaning specified in Section 12.1(a).
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Debenture Financing means, together, the 10% secured convertible debenture financing completed by DigiCrypts (i) on September 28, 2018 for total proceeds of $484,500, and (ii) on February 8, 2019 for total proceeds of $550,000;
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Related to Debenture Financing

  • Bridge Financing has meaning set forth in Section 7.6.

  • New Financing has the meaning specified in Section 2.04(a).

  • 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 Loan Agreement means that certain Senior Unsecured Interim Loan Agreement, dated as of December 20, 2007, among Tribune, the Bridge Lenders, the Former Bridge Loan Agent, JPMorgan Chase Bank, N.A., as syndication agent, and Citicorp North America, Inc. and Bank of America, N.A., as co-documentation agents, as amended, restated, supplemented or otherwise modified from time to time.

  • Bridge Loan Any loan or other obligation that (x) is incurred in connection with a merger, acquisition, consolidation, or sale of all or substantially all of the assets of a Person or similar transaction and (y) by its terms, is required to be repaid within one year of the incurrence thereof with proceeds from additional borrowings or other refinancings (it being understood that any such loan or debt security that has a nominal maturity date of one year or less from the incurrence thereof but has a term-out or other provision whereby (automatically or at the sole option of the Obligor thereof) the maturity of the indebtedness thereunder may be extended to a later date is not a Bridge Loan).

  • PIPE Financing has the meaning set forth in the recitals to 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.

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

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

  • 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;

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

  • Convertible Notes has the meaning set forth in the Recitals.

  • Co-financing means the financing referred to in Section 7.02 (h) and specified in the Loan Agreement provided or to be provided for the Project by the Co-financier. If the Loan Agreement specifies more than one such financing, “Co-financing” refers separately to each of such financings.

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

  • Subordinated Note Documents means the Subordinated Notes, the Subordinated Note Purchase Agreement, the “Fee Letter” under and as defined in the Subordinated Note Purchase Agreement and any other Note Document (as defined in the Subordinated Note Purchase Agreement).

  • Convertible Note Indenture means the Indenture dated as of February 21, 2014 between Emergent and the Convertible Note Trustee pursuant to which the Convertible Notes were issued.

  • 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;

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

  • Series A Debentures means the Series A 9-7/8% Junior Subordinated Deferrable Interest Debentures due February 15, 2027 of the Debenture Issuer issued pursuant to the Indenture.

  • Co-financing Agreement means the agreement to be entered into between the Recipient and the Co-financier providing for the Co-financing.

  • Convertible Note Documents means the indenture under which the Convertible Notes are issued and all other instruments, agreements and other documents evidencing or governing the Convertible Notes or providing for any other right in respect thereof.

  • Subordinated Note Indenture means the Indenture dated as of the Closing Date, among the Borrower, the guarantors party thereto and The Bank of New York, as trustee, pursuant to which the Subordinated Notes are issued, as the same may be amended, supplemented or otherwise modified from time to time to the extent permitted by Section 10.7(b).

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

  • 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.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • Convertible Subordinated Notes means the Company's 7% Convertible Subordinated Notes issued pursuant to an indenture dated as of June 12, 1996, between the Company and The Chase Manhattan Bank (formerly known as Chemical Bank), as trustee.