Examples of Debenture Share in a sentence
Debentures may be converted on or prior to the Maturity Date or the Redemption Date, as the case may be, at a conversion price equal to the Conversion Price per Debenture Share.
The Debentures are convertible, in whole or in part, at any time before maturity, into Common Shares of the Issuer on a post- Consolidation basis (each a “Debenture Share”) at a conversion price of $0.60 per Debenture Share.
Debenture/ Share / Foreign Currency Convertible Bonds issue expenses and premium payable on Debentures / Foreign Currency Convertible Bonds are adjusted in the same year against the Securities Premium Account as permitted by Section 78(2) of the Companies Act, 1956.
The issuance of Debenture Shares shall be made without charge to the Holder hereof for any documentary stamp or similar taxes that may be payable in respect of the issue or delivery of such Debenture Shares, other than any tax that may be payable as a result of any Holder requesting any Debenture Share to be issued to or registered in the name of a person other than such Holder.
Distribution of Shareholding as on 31st March, 2016 Share Holder or Debenture Share Holder or Debenture Holding Share / Debenture Amount Holding of nominal Value of of nominal Value of` Plant Locations1.
Debentureholder”) into Common Shares (the “Debenture Shares”) at any time prior to the earlier of: (i) the last business day immediately preceding the Maturity Date; and (ii) the business day immediately preceding the date specified for redemption of the Debentures upon a change of control, at a conversion price of $0.50 per Debenture Share (the “Conversion Price”), subject to adjustment in certain events.
Each Convertible Debenture Share was issued with 1 Share Purchase Warrant exercisable at 5p per share, vesting on 15 March 2021 and expiring on 14 March 2023.
Interest accrued under the Debentures will be payable in cash or in Debenture Shares at the option of the holder, and if payable in Debenture Shares, such Debenture Shares shall be issued at a conversion price per Debenture Share equal to the greater of: (i) $0.24 or(ii) the market price of the Company's common shares, being the last closing price of the common shares on the TSX Venture Exchange, immediately preceding the date of a notice of conversion by the holder of the Debenture.
Debenture Unit”) at a conversion price of $0.08 per Debenture Unit, with each Debenture Unit comprised of one common share of the Company (each, a “Debenture Share”) and one-transferable common share purchase warrant (each, a “Debenture Warrant”), with each Debenture Warrant exercisable into one additional Debenture Share (each, a “Debenture Warrant Share”) at an exercise price of $0.10 per Debenture Warrant up until June 30, 2024.
At the conversion of convertible debentures and accrued interests into Debenture Share, an amount of $1,917,881 was allocated to the share purchase warrants.