Debenture Value definition

Debenture Value means, in respect of each Debenture, $1,000 plus the amount of accrued and unpaid interest on such Debenture to, but excluding, the date upon which the Trigger Event occurred.
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Debenture Value means an amount equal to the greater of (a) the product of (i) $19, multiplied by (ii) the number of shares into which the Convertible Debentures surrendered on the Closing Date are convertible on the Closing Date, and (b) the product of (i) the average closing price of Sylvan's common stock as quoted on the NASDAQ Stock Market for the 15 consecutive Trading Days immediately preceding the Closing Date, multiplied by (ii) the number of shares into which the Convertible Debentures surrendered on the Closing Date are convertible.
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Debenture Value means, in respect of each Debenture, $1,000 plus accrued and unpaid interest on such Debenture as at the date of the Trigger Event.
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Examples of Debenture Value in a sentence

  • INTEREST ON CONVERTIBLE DEBENTURE 2008 2007 2006 2005 2004 2003 2002 2001 --------------------------------- ------ ------ ------ ----- ----- ----- ----- ----- Accrued Interest ($000's) 257 1,209 1,089 981 884 854 660 522 Debenture Value ($000's) 12,456 12,200 10,990 9,902 8,920 8,036 7,183 6,522 Interest on the outstanding principal amount of the Debenture accrues at a rate of 11% per annum.


More Definitions of Debenture Value

Debenture Value means the value of the Debenture as determined by the Committee as described in Clause 58;
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Debenture Value means if the closing price of the Common Stock on the New York Stock Exchange (Composite Transactions) on May 12, 1999 is (a) greater than or equal to $11.25, an amount equal to $28,807,882.84, (b) less than or equal to $11.00, an amount equal to $30,881,176.37, or (c) more than $11.00 but less than $11.25, the amount set forth opposite the closing price on such date as follows:
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Debenture Value means, in respect of each Debenture, $1,000 plus the amount of accrued and unpaid interest on such Debenture.
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Related to Debenture Value

  • Note Value means, with respect to any day, the present value of the unpaid Scheduled Payments on the Receivables, discounted at an annual rate equal to 4.00%. For purposes of calculating Note Value, in the case of a defaulted Receivable: (a) prior to the time at which such defaulted Receivable becomes a Repossessed Receivable or a 180-day Receivable, the Scheduled Payments on such Receivable will be computed based on the amounts that would have been the Scheduled Payments had such default not occurred; (b) at the earlier of the time at which such defaulted Receivable becomes a Repossessed Receivable or a 180-day Receivable, the amount added to the Note Value with respect to such Receivable will be the estimated realizable value of such Receivable, as determined by the Servicer in accordance with its normal servicing procedures and (c) after the time such defaulted Receivable becomes a Liquidated Receivable, and after the payment of a Purchase Amount in respect of a Purchased Receivable, there shall be deemed to be no Scheduled Payments due on such Receivable.

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

  • Indenture Redemption Price has the meaning specified in Section 4.2(c).

  • Face Value means the specified price of the Ticket only (including United Kingdom value added tax thereon) as stated on the relevant Ticket, and excludes any Handling Fee (or part thereof) or other fees or charges paid by the Ticket Purchaser in respect of that Ticket (including postage or courier charges);

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

  • Original Subordinated Principal Balance The aggregate of the Class Certificate Balances of the Subordinated Certificates as of the Closing Date.

  • Final Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency determined by the Calculation Agent equal to the Notional Amount multiplied by:

  • Conversion Amount means the sum of the Stated Value at issue.

  • Put Price has the meaning set forth in Section 8.05(a).

  • Interest Conversion Price means, with respect to any Interest Date, that price which shall be computed as 100.0% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days immediately preceding the applicable Interest Date (each, an “Interest Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction during such period.

  • Class A Ordinary Share Value means, as of the close of business on the day preceding the date, the volume weighted average trading price of the Class A Ordinary Shares on all trading platforms or trading systems on which the Class A Ordinary Shares are being traded over the forty-five (45) trading days then ended, provided, that if the total aggregate trading volume over such 45-trading-day period is less than 5% of the public float, such period shall be extended to the ninety (90) trading days then ended, provided, further, if the total aggregate trading volume over such 90-trading-day period is less than 5% of the public float, the holder of the Class B Ordinary Shares shall request that the Board obtain an appraisal of the value of the Class A Ordinary Shares from one or more independent nationally-recognized third party appraisal companies and such appraisal shall constitute the Class A Ordinary Share Value.

  • Early Preference Share Valuation Date means the date specified as such in the relevant Early Preference Share Redemption Notice which shall fall not less than one day and not more than 180 days following the day such Early Preference Share Redemption Notice is given. The Early Preference Share Redemption Notice may provide that such date is subject to adjustment in accordance with certain disruption or adjustment events, as determined by the Calculation Agent.

  • Conversion Share means any share of Common Stock issued or issuable upon conversion of any Note.

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Price in respect of such day.

  • Redemption Value means, in respect of a Unit, the price per Unit at which such Unit is redeemed, calculated in accordance with the Trust Deed.

  • Share Value means $25.00 plus declared and unpaid dividends as at the date of the Trigger Event.

  • Stated Value means $1,000 per share of Preferred Stock.

  • Adjusted Collateral Principal Amount means, as of any date of determination:

  • Highest Closing Price means the highest closing price for shares of Substitute Common Stock within the six-month period immediately preceding the date the Substitute Option Holder gives notice of the required repurchase of the Substitute Option or the Substitute Share Owner gives notice of the required repurchase of the Substitute Shares, as applicable.

  • Sale Price means the value as determined by the Administrator of the consideration payable, or otherwise to be received by stockholders, per share of Stock pursuant to a Sale Event.

  • Conversion Value means, with respect to Convertible Capital Appreciation Bonds, the Accreted Value as of the Conversion Date.

  • Series A Redemption Price has the meaning set forth in Section 16.6(a).

  • Redemption Amount means, as appropriate, the Final Redemption Amount, the Early Redemption Amount (Tax), the Optional Redemption Amount (Call), the Optional Redemption Amount (Put), the Early Termination Amount or such other amount in the nature of a redemption amount as may be specified in, or determined in accordance with the provisions of, the relevant Final Terms;

  • Accreted Principal Amount for the Class A-2 Certificates means for each six-month period from and including each date specified in Schedule II hereof to but excluding the next such date, the amount specified in Schedule II as the "Ending Balance" for such beginning date.