First Debentures definition

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

Examples of First Debentures in a sentence

  • Without the written consent of FirstMerit, no additional Security First Debentures shall, after the date of this Agreement, be issued.

  • As soon as practicable after the date of this Agreement, Security First shall call and redeem, pursuant to the terms of the Security First Debentures, all of the outstanding Security First Debentures.

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

  • I hereby certify that S.B. No. 1249 passed the House on May 24, 2017, by the following vote: Yeas 146, Nays 0, two present not voting.

  • The Security First Disclosure Letter sets forth the terms of the Security First Debentures.

  • All rights under Security First Debentures shall be treated as provided in this Section.

  • As of the date of this Agreement, there were 88,324 treasury shares and outstanding Security First Stock Options to purchase 374,892 shares of Security First Common Stock, and there were outstanding Security First 6.25% Convertible Subordinated Debentures ("Security First Debentures") to covert into 878,048 shares of Security First Common Stock, all of which are currently redeemable by Security First at 100% of the original principal amount.

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

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

  • 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.


More Definitions of First Debentures

First Debentures means the 6.75% convertible unsecured subordinated debentures of the Fund due June 30, 2011;
First Debentures means the 6.75% convertible unsecured subordinated debentures due June 30, 2011;
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.

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 8.675% Series A Junior Subordinated Deferrable Interest Debentures due February 1, 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 means the 2.75% Convertible Senior Notes of the Borrower due 2022 issued pursuant to the Convertible Notes Indenture.

  • 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 the aggregate principal amount of US$399,517,000 of 10.25% Guaranteed Senior Notes Due 2014 issued pursuant to the 2014 Note Indenture.

  • New Convertible Notes means the Company’s 5.0% Senior Unsecured Convertible Notes due 2023.

  • 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 means the Borrower’s $650,000,000 aggregate principal amount notes due June 13, 2028, issued in June 2023 and July 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;

  • Convertible Subordinated Notes means any convertible subordinated notes or debentures issued by the Borrower after the date hereof, which are subordinated to the Obligations on terms no less favorable to the Lenders, in any material respect, than the 4.75% Convertible Subordinated Notes Due 2016 (as those terms were in effect and applied to the 4.75% Convertible Subordinated Notes Due 2016 prior to the repayment thereof in full on June 15, 2016).

  • 2029 Notes has the meaning specified in the recitals of this Supplemental Indenture.

  • 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.