Examples of Exchange Debentures in a sentence
Cash will be paid in lieu of any such fraction of an Exchange Debenture which would otherwise have been issued (which shall be determined with respect to the aggregate principal amount of Exchange Debentures to be issued to a holder upon any such exchange).
The Corporation shall pay interest on the Exchange Debentures at the rate and on the dates specified therein from the Exchange Date.
In no event shall the Corporation issue Exchange Debentures in denominations other than $1,000 or in an integral multiple thereof.
The Company shall pay interest on the Exchange Debentures at the rate and on the dates specified therein from the Exchange Date.
The principal amount of Exchange Debentures deliverable upon exchange of a share of Senior Preferred Stock, adjusted as hereinafter provided, shall be determined in accordance with the Exchange Ratio (as defined below).