Debenture Share definition

Debenture Share has the meaning ascribed thereto in the opening paragraphs of this Agreement;
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Debenture Share has the meaning ascribed thereto on the face page hereof; “Debentures” has the meaning ascribed thereto on the face page hereof; “Debenture Units” has the meaning ascribed thereto on the face page hereof;
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Debenture Share means one Share issued at the option of the Convertible Debentureholder, upon the conversion of the Convertible Debentures, at any time prior to the close of business on the earlier of: (i) the last business day immediately preceding the Maturity Date, and (ii) the date fixed for redemption as set forth in the Convertible Debenture Indenture, at a conversion price of $0.75 per Debenture Share;
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Examples of Debenture Share in a sentence

  • 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.

  • 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 conversion price per Debenture Share is 110% of the lower of i) the volume weighted average trading price of the Common Shares on the TSX Venture Exchange for the five trading days preceding the Closing Date and ii) the closing price of the Common Shares on the TSX Venture Exchange on the day prior to the Closing Date, subject to adjustment in certain events (the "Conversion Price").

  • Each Debenture Share is composed of one common share and one common share purchase warrant; each share purchase warrant shall entitle its holder to subscribe one common share of the Corporation until July 15, 2018 at a price of $0.35 per share.

  • The Debentures are convertible at a conversion price of $0.60 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.

  • 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.

  • In lieu of such fraction of a Common Share or Debenture Share, as the case may be, the Holder will receive a cash payment which will be determined by multiplying (i) the closing price of the Common Shares on the CSE on the last trading day prior to the conversion of the Debentures; by (ii) such fraction of a Common Share.

  • The Contract will include a provision that allows the District in its sole discretion to amend the services to be provided by Vendor in the second and subsequent years.

  • Each Debenture Unit consist of one Debenture Share and one Debenture Warrant.


More Definitions of Debenture Share

Debenture Share means a Common Share which forms part of each Debenture Unit.
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Related to Debenture Share