Debenture Stock definition

Debenture Stock means a debenture by which a company or a debenture holders' representative acknowledges that the holder of the stock is entitled to participate in the debt owing by the company under the agency deed; and includes loan stock;

Debenture Stock means all Debenture Stock or other secured indebtedness by whatever name called, constituted and issued by the Company pursuant to the Trust Deed from time to time offered pursuant to this PDS.

Debenture Stock means a debenture by which a company or trustees of a debenture trust deed acknowledge that the holder of the stock is entitled to participate in the debt owing by the company to the trustees under the debenture trust deed, and includes loan stock;

Examples of Debenture Stock in a sentence

• Dominion had arranged committed credit facilities with their bankers, Bank of Scotland International Pty Ltd (“BOS”) and ASB Bank Limited (“ASB”), totalling $55.1m secured by Stock Security Certificates which rank equally with Debenture Stock.

• The nominal value of the Debenture Stock is redeemable on 1 October 2016.

• All Debenture Stock is secured under a Trust Deed between Dominion and Perpetual Trust Limited dated 14 May 1993, as amended on 17 April 1997.

• The Council holds long-term debenture stock (Zero Coupon First Mortgage Debenture Stock 1996/2011) in the former Association of District Councils, now the Local Government Association, valued at £20,000.

• In a bid to catalyze financing of the real sector of the Nigerian economy, the Central Bank of Nigeria has, in accordance with Section 31 of the CBN Act 2007, approved the investment of the sum of N500 billion Debenture Stock to be issued by the Bank of Industry (BOI).

• If the outstanding shares of Debenture Stock of the Company shall be combined into a smaller number of shares, the Conversion Price in effect immediately prior to such combination shall be proportionately increased.

• The Debenture Stock and the Secured Bonds are secured by floating charges over all the undertaking and assets of the Company.

• The purchase price of the shares thus subscribed for shall at the option of the Underwriters be payable either in cash or by the surrender to RISCO of First Debenture Stock at the par value thereof or by a combination of both.

• Dominion had arranged committed credit facilities with their bankers, Bank of Scotland International Pty Ltd (“BOS”) and ASB Bank Limited (“ASB”), secured by Stock Security Certificates which rank equally with Debenture Stock.

• The Council is the registered holder of £30,000 of Zero Coupon First Mortgage Debenture Stock 1996/2011 which is constituted and secured by a Trust Deed dated 28th July 1989 and made between (1) the Association of District Councils (Properties) Limited and (2) Eagle Star Trust Company Limited as Trustees for the Stockholders.

More Definitions of Debenture Stock

Debenture Stock means all Stock which is not Security Stock;

Debenture Stock means the [ ] debenture stock to be issued by the Concessionaire pursuant to the subscription agreement made between the Concessionaire and the parties named therein as the subscribers and bearing even date herewith.

Debenture Stock means secured first ranking debenture stock of up to $40,000,000 offered to the public pursuant to this Prospectus. “Debenture Stock Certificate” means the certificate provided to an investor by Broadlands recording the terms of the investor’s investment. “Director” means a director of Broadlands.

Debenture Stock means the 4 per cent. perpetual debenture stock and the 5 per cent. perpetual debenture stock of the Licensed Undertaking together with premiums on such perpetual debenture stock.

Debenture Stock means the debenture stock to be issued by the Corporation pursuant to the provisions of this Act and to be secured by the mortgage and trust deed hereinafter mentioned in this Act; and