Debenture Shares definition
Examples of Debenture Shares in a sentence
On the Closing Date, the Debentures and the Warrants will be, and the Debenture Shares will be at the time of conversion of the Convertible Debenture Units and the Warrant Shares will be at the time of exercise of the Warrants, and the Interest Shares will be at the time of the election made by the Company, free and clear of all liens and restrictions on transfer.
The Company further agrees, if the Company applies to have the Common Shares traded on any other Trading Market, it will then include in such application all of the Debenture Shares, Warrant Shares and Interest Shares, and will take such other action as is necessary to cause all of the Debenture Shares, Warrant Shares and Interests Shares to be listed or quoted on such other Trading Market as promptly as possible.