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.