Debentures definition

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

Debentures means the series of Debentures to be issued by the Debenture Issuer under the Indenture to be held by the Institutional Trustee, a specimen certificate for such series of Debentures being Exhibit B.

Debentures means the debt securities of the Guarantor designated the Floating Rate Junior Subordinated Deferrable Interest Debentures due 2033 held by the Institutional Trustee (as defined in the Declaration) of the Issuer.

Examples of Debentures in a sentence

• To the extent the Current Market Price is lower than the price required by the policies or rules of any applicable exchange or market, the Shares to be issued in satisfaction of the Corporation’s Interest Obligation on the Debentures shall be issued at the lowest price permitted by such exchange or market.

• From the sums so deposited, the Trustee shall pay or cause to be paid to the holders of such Debentures, the Total Put Price to which they are entitled on the Corporation’s purchase.

• Notwithstanding any other provisions of this Indenture, in processing and registering transfers of Debentures, no duty or responsibility whatsoever shall rest upon the Trustee to determine the compliance by any transferor or transferee with Applicable Securities Legislation, including, without limitation, Regulation S under the US Securities Act, and the Trustee shall be entitled to assume that all transfers are legal and proper.

• The Debentures have not been and will not be registered under Applicable Securities Legislation.

• Upon the completion of a Change of Control pursuant to paragraphs (i), (ii) or (iv) of such definition and a Change of Management, but without any requirement that such Change of Control pursuant to paragraphs (i), (ii) or (iv) of such definition and such Change of Management occur contemporaneously, and subject to the provisions and conditions of this Section 2.3(m), holders of Debentures have a right to require the Corporation to redeem their Debentures.

More Definitions of Debentures

Debentures means the Floating Rate Junior Subordinated Deferrable Interest Debentures due 2033 to be issued by the Debenture Issuer under the Indenture.

Debentures means the series of junior subordinated debt securities of the Guarantor designated the % Junior Subordinated Deferrable Interest Debentures due , 20 held by the Institutional Trustee (as defined in the Declaration) of the Issuer.

Debentures shall have the meaning set forth in the Recitals hereto.

Debentures means the series of subordinated debt securities of the Guarantor designated the 10.18% Junior Subordinated Deferrable Interest Debentures due June 8, 2031, held by the Property Trustee (as defined in the Declaration) of the Issuer.

Debentures means the aggregate principal amount of the Depositor's _____% Junior Subordinated Deferrable Interest Debentures, Series _, issued pursuant to the Indenture.

Debentures means the Floating Rate Junior Subordinated Debt Securities due 2034 to be issued by the Debenture Issuer under the Indenture.

Debentures means the series of Debentures to be issued by the Debenture Issuer and acquired by the Trust.