Debenture Units definition

Debenture Units means debenture units (comprised of Debentures or 2021 Debentures and detachable Warrants) issued on a private placement basis;
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Debenture Units means the convertible debenture units of the Corporation consisting of one 10% unsecured convertible debenture of the Corporation in the principal amount of $1,000 with interest payable semi-annually in arrears on June 30 and December 31 of each year and maturing three years from the date the convertible debentures are issued, and 2,000 Warrants expiring 36 months after the Issue Date;
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Debenture Units means units of the Corporation, each consisting of one 12% senior secured convertible debenture of the Corporation in the principal amount of $1,000 and 2,000 Warrants;
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Examples of Debenture Units in a sentence

  • The Debenture Units of Series A-2 were determined to be a compound instrument, comprising a liability, a conversion feature and warrants.

  • As a result, 356,500 Warrants of Series A-2 were issued related to the Debenture Units of Series A-2.

  • The Company issued an aggregate of 761 Debenture Units to the subscribers of the Debentures of Series A-2.

  • The Debenture Units of Series A-3 were determined to be an equity instrument, comprising a conversion feature and warrants as a result of the Company being able to avoid a contractual obligation to pay cash related to the principal and interest at maturity.

  • The interest expense related to the Debenture Units of Series A-3 are added to the equity portion of convertible debt as accrued.

  • As a result, 2,328,000 Warrants of Series A-3 were issued related to the Debenture Units of Series A-3.

  • Concurrent with the Brokered Offering, the Company issued an aggregate of 1,400 Debenture Units at the Offering Price, for aggregate gross proceeds of $1,400,000, on a private placement basis.

  • The Company incurred transaction costs of $655,494 specifically allocated to the issuance of the Debenture Units.

  • The Debenture Units of Series A-1 are determined to be a compound instrument, comprising a liability, a conversion feature and warrants.

  • On April 22, 2020, the Debenture Units of Series A-2 were converted into the Convertible Debentures Series A-3 offering.


More Definitions of Debenture Units

Debenture Units means units of the REIT to be issued by the REIT, as contemplated by the Prospectus and the Indenture, on the conversion, redemption or repayment of the Debentures or for delivery to the Debenture Trustee in respect of the payment of interest on the Debentures, and having the attributes corresponding in all material respects to the descriptions thereof in this Agreement and in the Preliminary Prospectus, the Prospectus and any Amendment;
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Debenture Units means the 13,139 units issued by Ikänik in the Debenture Financing.
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Debenture Units means the debenture units issued under the Offering, each Debenture Unit consisting of
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Debenture Units has the meaning given to that term in the first paragraph of this Agreement and, for the avoidance of doubt, includes the Debenture Units issuable upon the exercise of the Broker Warrants in accordance with the terms of the Broker Warrant Certificate;
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Debenture Units has the meaning ascribed thereto on the face page hereof;
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Related to Debenture Units

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

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Series B Preferred Units shall have the meaning provided in Section 1.

  • Redeemed Units has the meaning set forth in Section 11.01(a).

  • 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.

  • Subordinated Units has the meaning assigned to such term in the Partnership Agreement.

  • Preferred Units means a Partnership Interest, including the Series A Preferred Units, designated as a “Preferred Unit,” which entitles the holder thereof to a preference with respect to distributions, or as to the distribution of assets upon any Liquidation Event, over Common Units.

  • Trust Preferred Securities any preferred securities issued by a Trust Preferred Securities Subsidiary, where such preferred securities have the following characteristics:

  • Series B Debentures means the $200 million aggregate principal amount of 4.903% Series B senior unsecured debentures of the Trust due July 5, 2023.

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

  • Series C Preferred Units shall have the meaning provided in Section 1.

  • Subordinated Securities means Securities that by the terms established pursuant to Subsection 2.3(9) are subordinated in right of payment to Senior Indebtedness of the Issuer.

  • Final Subordinated Units has the meaning assigned to such term in Section 6.1(d)(x).

  • Convertible Subordinated Notes means any convertible subordinated notes or debentures issued by the Borrower after the date hereof, which are subordinated to the Obligations on terms no less favorable to the Lenders, in any material respect, than the 4.75% Convertible Subordinated Notes Due 2016 (as those terms were in effect and applied to the 4.75% Convertible Subordinated Notes Due 2016 prior to the repayment thereof in full on June 15, 2016).

  • Debenture Redemption Date means, with respect to any Debentures to be redeemed under the Indenture, the date fixed for redemption under the Indenture.

  • Series A Debentures means the 8.675% Series A Junior Subordinated Deferrable Interest Debentures due February 1, 2027 of the Debenture Issuer issued pursuant to the Indenture.

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

  • Other Debentures means all junior subordinated debentures issued by the Guarantor from time to time and sold to trusts to be established by the Guarantor (if any), in each case similar to the Issuer.

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

  • 2014 Notes means the aggregate principal amount of US$399,517,000 of 10.25% Guaranteed Senior Notes Due 2014 issued pursuant to the 2014 Note Indenture.

  • 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.

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • Class B Preferred Shares means class B preferred shares of Pembina;

  • Class B Preferred Stock means the Class B preferred stock, nominal value $1,000, of the Company.

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.

  • Series D Notes is defined in Section 1.