Existing Debenture definition

Existing Debenture means the Debenture dated 19 January 2010 (as amended and restated from time to time) between the Chargors listed therein and the Security Trustee;
Existing Debenture means the subordinated convertible debenture dated April 23, 1996 and issued in the name of Lenders.
Existing Debenture shall have the meaning given in the Preamble.

Examples of Existing Debenture in a sentence

  • The relevant Existing Debenture Holders have in terms of their respective debenture documents consented for the pari-passu sharing of the aforesaid security with the Debenture Holders.

  • The Security created/to be created in favour of the Debenture Trustee for the benefit of the Debenture Holders in accordance with the terms of the Issue shall rank pari passu inter se the Debenture Holders for each the Series and the relevant Existing Debenture Holders.

  • Existing Debenture interest @ 15% = Rs.400 lakhs x 15/100= Rs.60 lakhsDebentures to be issued in Z Ltd.

  • Richmond, Rethinking Peace and Conflict Studies (Basingstoke: Palgrave Macmillan, 2012).

  • The adoption of the New Debenture Trust Deed requires Debenture Holder approval by way of a special resolution in terms of the Existing Debenture Trust Deed.

  • The CPS data provide similar yearly proportions, and the average yearly difference between the two data sets is 0.032%.

  • The debenture trustee for such Existing Debenture Holders has vide its letters dated February 25, 2016 conveyed its no objection for creating the security interest over the aforesaid security in favour of the Debenture Trustee for the benefit of the Debenture Holders.

  • The Creation of the A Linked Units and the Creation of Additional Ordinary Linked Units each require Linked Unitholder approval by way of a Special Resolution in terms of section 36(2)(a) and section 16(1)(c) of the Act and Ordinary Debenture Holder approval by way of a special resolution in terms of the Existing Debenture Trust Deed.

  • In order to provide for the New Capital Structure and the consequential changes to the Existing Debenture Trust Deed, as a result of the New Linked Unit Structure, the Company wishes to adopt the New Debenture Trust Deed.

  • Accordingly, the Company wishes to adopt the New Debenture Trust Deed, which proposed document will replace the Existing Debenture Trust Deed and will bring the Company’s constitutional documents into harmony with the New Linked Unit Structure.


More Definitions of Existing Debenture

Existing Debenture is defined in the recitals to this Agreement.
Existing Debenture means the all assets debenture dated 7th March, 2003 between the Company and Venture Finance plc.
Existing Debenture means the debenture dated 8th September, 2000 between the Borrower and the Security Trustee.
Existing Debenture means the debenture between the Borrower and the Bank effectuated pursuant to the Prior Loan Agreements, a copy of which is attached hereto as Schedule 1.1.22, which notwithstanding anything stated herein shall remain in effect until any and all sums due from the Borrower to the Bank (including pursuant to letters of credits or guarantees) from time to time are fully repaid subject to certain amendments to be agreed prior to the Closing Date and included in Schedule 1.1.22A to be attached hereto
Existing Debenture means a debenture issued pursuant to the Debenture Offer 2004 which was made by the Club in August 2004;

Related to Existing Debenture

  • Convertible Debenture means the 6% convertible debenture dated July 1, 2008 and due July 1, 2011, in the amount of CAD$10,000,000 issued by Orezone to the Debentureholder;

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

  • Existing Convertible Notes means any convertible notes or other convertible debt securities of the Company outstanding on the date of this Agreement.

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

  • Convertible Note means an instrument issued by a startup company evidencing receipt of money initially as debt, which is repayable at the option of the holder, or which is convertible into such number of equity shares of such startup company, within a period not exceeding five years from the date of issue of the convertible note, upon occurrence of specified events as per the other terms and conditions agreed to and indicated in the instrument;

  • Bridge Note means a promissory note made by the Borrower in favor of a Bridge Lender, evidencing Bridge Loans made by such Bridge Lender, substantially in the form of Exhibit C-2.

  • UK Debenture has the meaning assigned to that term Section 5.1(b).

  • Convertible Notes has the meaning set forth in the Recitals.

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

  • Exchange Debentures has the meaning set forth in Section 2(a) hereof.

  • Series A Debentures means the Series A 9-7/8% Junior Subordinated Deferrable Interest Debentures due February 15, 2027 of the Debenture Issuer issued pursuant to the Indenture.

  • Debenture means debenture stock, mortgages, bonds and any other such securities of the Company whether constituting a charge on the assets of the Company or not.

  • Existing Notes means, collectively, the Existing Senior Guaranteed Notes and the Existing Senior Notes.

  • Existing Note means a Note (as defined in the Existing Credit Agreement) that is issued and outstanding immediately prior to the effectiveness of this Agreement.

  • Convertible Debentures means the 10½% Convertible Subordinated Debentures due 2007 of the Company.

  • Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.

  • Existing Debt means Debt of each Loan Party and its Subsidiaries outstanding immediately before the occurrence of the Effective Date.

  • 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.

  • New Notes shall have the meaning assigned to such term in Section 32.

  • Subordinated Note Amount has the meaning set forth in the Recitals.

  • Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.

  • Company Convertible Notes means the convertible notes issued by the Company pursuant to the convertible note purchase agreement by and among the Company, PA Grand Opportunity Limited and other investors named therein dated June 6, 2016, as amended on June 13, 2016.

  • Existing Senior Notes means the Existing 2020 Senior Notes and the Existing 2021 Senior Notes, collectively.

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

  • Global Debenture shall have the meaning set forth in Section 2.4(a).