First Debentures definition

First Debentures shall have the meaning set forth in the recitals.
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First Debentures means the 6.75% convertible unsecured subordinated debentures which matured on June 30, 2011;
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First Debentures means the 6.75% convertible unsecured subordinated debentures due June 30, 2011;
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Examples of First Debentures in a sentence

  • Upon receipt of all necessary approvals from the Kazakhstan Ministry of Industry and New Technologies of the Republic of Kazakhstan ("MINT"), the principal amount of the First Debentures will automatically be converted into units of the Company (the "First Units") on or before the First Maturity Date, at a conversion price of CAD$0.15 per Unit.

  • InCoR agreed to forbear taking any action under the First Debentures or the related security agreements up to October 27, 2018.

  • On September 28, 2018, the First Debentures matured and were not converted.

  • Awardees are required to contribute at least a 10% match in non-distressed counties or parishes.

  • Equity Share Capital (60% paid) Rs. 6,00,000, 10% First Debentures Rs. 2,00,000, 12% Second Debentures Rs. 5,00,000, Bank overdraft Rs. 50,000, Trade payables (including Y for Rs. 8,50,000) Rs. 11,50,000, Outstanding interest for one year on both type of debentures.

  • The 2017 First Debentures $Debt component on inception350,000Accrued interest 17,605 December 31, 2017367,605Accrued interest11,047Converted (378,652) December 31, 2018 - On June 19, 2017, the Company issued Convertible Unsecured Debentures (the “Second Debentures”) in the aggregate amount of $351,500.

  • Y is to cancel₹ 3,00,000 of his total debt (other than equity shares) and to accept new 14% First Debentures for the balance.

  • Andhra Liens (i) First Debentures 11% (1991-95); (ii) Second Debentures 11% (1991-95); (iii) Third Debentures 15% (1991-95); and (iv) Fourth Debentures 11% (1991-95) having mortgage/charge on the immovable properties, plant and licenses of Andhra Valley and floating charge on all of Andhra Valley’s other assets.

  • Power Liens (i) First Debentures 11% (1991-95); (ii) ’B’ Second Debentures 11% (1991-95); (iii) Third Debentures 11% (1991-95); (iv) Fourth Debentures 15% (1991-95); and (v) ’B’ Fifth Debentures 11% (1991-95) having mortgage/charge on the immovable properties, plant and licenses of Tata Power and floating charge on all of Tata Power’s other assets.

  • UPDATE ON THE ISSUE OF THE FIRST DEBENTURES The Board would also like to announce that as at the date of this announcement, the First Debentures of HK$92 million with interest rate of 6.75 to 7% per annum and due on the third to eighth anniversary of their respective issue dates have been subscribed by and issued to ten subscribers who are independent of the Company and its connected persons.


More Definitions of First Debentures

First Debentures means the 5.00% Convertible Debentures that were issued by Verso on or after July 27, 2000 pursuant to the First Debenture Purchase Agreement.
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First Debentures means the 6.75% convertible unsecured subordinated debentures of the Fund due June 30, 2011;
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First Debentures means the 6.75% convertible unsecured subordinated debentures of the Fund issued pursuant to the Debenture Indenture and which are due June 30, 2011;
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Related to First Debentures

  • 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.

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

  • 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.

  • 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.

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

  • 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.

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

  • 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.

  • 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;

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

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

  • 2014 Notes means (i) the 4.850% Senior Secured Notes due 2024 issued by the Issuer on March 18, 2014 and (ii) the 4.45% Senior Secured Notes due 2025 and the 5.45% Senior Secured Notes due 2034 issued by the Issuer on August 21, 2014.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

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

  • 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.

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

  • Junior Subordinated Debentures means the aggregate principal amount of the Depositor's ____% Junior Subordinated Deferrable Interest Debentures, due ________ __, 2027, issued pursuant to the Indenture.

  • 2028 Notes has the meaning specified in the recitals of this First Supplemental Indenture.

  • 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;

  • Convertible Subordinated Notes means the Company's 7% Convertible Subordinated Notes issued pursuant to an indenture dated as of June 12, 1996, between the Company and The Chase Manhattan Bank (formerly known as Chemical Bank), as trustee.

  • Convertible Note Indenture means the Indenture dated as of February 21, 2014 between Emergent and the Convertible Note Trustee pursuant to which the Convertible Notes were issued.

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

  • Series D Notes is defined in Section 1.

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

  • Convertible Note Documents means the indenture under which the Convertible Notes are issued and all other instruments, agreements and other documents evidencing or governing the Convertible Notes or providing for any other right in respect thereof.