Fixed and Floating Charge Debenture definition
Fixed and Floating Charge Debenture means one or more fixed and floating charge demand debentures, in the form set forth in Schedule 3 in all material respects, pursuant to which the Generator grants, assigns, mortgages and charges all of the registered, legal and beneficial right, title and interest in and to the Assets in favour of the AESO;
Examples of Fixed and Floating Charge Debenture in a sentence
The Administrative Agent shall have received insurance certificates satisfying the requirements of subsection 5.2(b) of the Guarantee and Collateral Agreement, subsection 6.2(2) of the Canadian Guarantee and Collateral Agreement and subsection 13(4) of the Fixed and Floating Charge Debenture.
This Fixed and Floating Charge Debenture dated as of this 30th day of June, 2006 is made by Forum Canada ULC, a corporation incorporated under the laws of the Province of Alberta (the “Debtor”), in favour of Comerica Bank, a Michigan Banking Corporation and authorized foreign bank under the Bank Act (Canada) (the “Bank”).