Discount Debentures definition

Discount Debentures means those certain 13% Senior Discount Debentures Due 2009 issued by Holdings in an aggregate original principal amount of $74,882,000 pursuant to that certain Indenture dated as of June 15, ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Trust Company of New York, as trustee (the “Discount Debentures Indenture”).

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Discount Debentures means the 11 5/8% Senior Discount Debentures due 2009 of the Company to be issued pursuant to the Debenture Indenture.

Discount Debentures means the Company's 11 3/4% Senior Subordinated Discount Debentures due 2005.

Examples of Discount Debentures in a sentence

As of the relevant dates, Holdings and Borrower had the corporate power and authority to incur the Indebtedness evidenced by the Discount Debentures Documents and the Subordinated Debt Documents, respectively.
Holdings will not own or acquire any assets (other than shares of capital stock of the Borrower, cash, promissory notes held pursuant to clause (g)(i) of Section 6.04 and Permitted Investments) or incur any liabilities (other than liabilities under the Loan Documents, the Holdings Senior Discount Debentures, liabilities imposed by law, including tax liabilities, and other liabilities incidental to its existence and permitted business and activities).
If the principal amount of any Debenture surrendered for repayment shall not be so repaid upon surrender thereof, such principal amount (together with interest, if any, thereon accrued to such Repayment Date) shall, until paid, bear interest from the Repayment Date at the rate of interest or Yield to Maturity (in the case of Original Issue Discount Debentures) set forth in such Debenture.
Notwithstanding anything to the contrary contained in this Agreement, prior to June 30, 2004, (i) the Borrower may optionally redeem the Existing Senior Subordinated Notes in accordance with the terms thereof and (ii) Holdings may optionally redeem the Existing Holdings Discount Debentures in accordance with the terms thereof, and in each case, make all required payments to the holders thereof in accordance with such redemption.
The Senior Discount Debentures, when issued and paid for, will be the legally valid and binding obligations of Holdings, enforceable against Holdings in accordance with their respective terms, except as may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws relating to or limiting creditors' rights generally or by equitable principles relating to enforceability.

More Definitions of Discount Debentures

Discount Debentures means the 13% Senior Discount Debentures Due 2009 of Parent issued on the Issue Date in an aggregate principal amount at maturity of $74,882,000 and any other Indebtedness of Parent that Refinances such Debentures; provided, however, that such other Indebtedness does not require the payment of cash interest or the repayment of principal (or the repurchase of such Indebtedness) in an amount in excess of the amounts thereof provided for in such Debentures being Refinanced or at a time prior to the time such amounts would have been payable as provided for in such Debentures being Refinanced.

Discount Debentures means any and all securities issued and outstanding under the Discount Debenture Indenture.

Discount Debentures means the 12% Senior Discount Debentures due 2010 issued pursuant to that certain Indenture, dated as of the date hereof, by and among GEIPPPII, Ardatrium and Atrium.

Discount Debentures is defined in the fourth recital.

Discount Debentures means the 13% Senior Discount Debentures Due 2009 of the Company in an aggregate principal amount at maturity of $74,882,000. "ENVIRONMENTAL LAWS" shall mean any applicable federal, state, territorial, provincial, foreign or local law, common law doctrine, rule, order, decree, judgment, injunction, license, permit or regulation relating to environmental matters, including those pertaining to air, soil, surface water, ground water (including the protection, cleanup, removal, remediation or damage thereof), public or employee health or safety or any other environmental matter, together with any other laws (federal, state, territorial, provincial, foreign or local) relating to emissions, discharges, releases or threatened releases of any pollutant or contaminant including, without limitation, medical, chemical, biological, biohazardous or radioactive waste and materials, into ambient air, land, surface water, groundwater, personal property or structures, or otherwise relating to the manufacture, processing, distribution, use, treatment, storage, disposal, transportation, discharge or handling of any contaminant, including, without limitation, the Comprehensive Environmental Response, Compensation, and Liability Act (42 U.S.C. 9601 ET SEQ.) ("CERCLA"), the Hazardous Material Transportation Act (49 U.S.C. 1801 ET SEQ.), the Resource Conservation and Recovery Act (42 U.S.C. 6901 ET SEQ.) ("RCRA"), the Federal Water Pollution Control Act (33 U.S.C. 1251 ET SEQ.), the Clean Air Act (42 U.S.C. 1251 ET SEQ.), the Toxic Substances Control Act (15 U.S.C. 2601 ET SEQ.), and the Occupational Safety and Health Act (29 U.S.C. 651 ET SEQ.).

Discount Debentures means the 13% Debentures of Holdings, issued on the Closing Date for gross proceeds of $40,000,000.