Indenture Legislation definition

Indenture Legislation means the provisions, if any, of any statute of Canada or any province thereof, and of any regulations under any such statute, relating to warrant indentures and to the rights, duties and obligations of warrant agents under warrant indentures and of corporations issuing their securities under warrant indentures, to the extent that such provisions may at the time be in force and applicable to this Indenture or the Corporation.

Indenture Legislation has the meaning attributed to such term in section 11.1;

Indenture Legislation means the provisions, if any, of any statute of Canada or any province thereof, and of any regulations under any such statute, relating to trust indentures and to the rights, duties and obligations of trustees under trust indentures and of corporations issuing debt obligations under trust indentures, to the extent that such provisions are in the Opinion of Counsel at the time in force and applicable to this Indenture or the Company.

Examples of Indenture Legislation in a sentence

• If and to the extent that any provision of this Indenture limits, qualifies or conflicts with any mandatory requirement of Trust Indenture Legislation, such mandatory requirement shall control.

• Each Trustee and the Company agrees to comply with all provisions of Trust Indenture Legislation applicable to or binding upon it in connection with this Indenture and any action to be taken hereunder.

• The rights, powers, duties and obligations conferred and imposed upon the Trustees are conferred and imposed upon and shall be exercised and performed by the U.S. Trustee and the Canadian Trustee individually, except to the extent the Trustees are required under Trust Indenture Legislation to perform such acts jointly, and neither Trustee shall be liable or responsible for the acts or omissions of the other Trustee.

• Subject to Section 1.16, at all times in relation to this Indenture and any action to be taken hereunder, the Company and the Trustees each shall observe and comply with Trust Indenture Legislation and the Company, the Trustees and each Holder of a Security shall be entitled to the benefits of Trust Indenture Legislation.

• If and to the extent that any provision hereof modifies or excludes any provision of Trust Indenture Legislation that may be so modified or excluded, the latter provision shall be deemed to apply hereof as so modified or to be excluded, as the case may be.

More Definitions of Indenture Legislation

Indenture Legislation has the meaning ascribed thereto in Subsection 11.1(1);

Indenture Legislation has the meaning ascribed thereto in subsection 11.1(1);

Indenture Legislation means the provisions, if any, of the Canada Business Corporations Act, the Business Corporations Act (Ontario), and any other statute of Canada or a province thereof, and of the regulations under any such statute, relating to trust indentures and to the rights, duties and obligations of trustees under trust indentures and of corporations issuing debt obligations under trust indentures, to the extent that such provisions are at the time in force and applicable to this Indenture or the Corporation.

Indenture Legislation means the provisions, if any, of the Canada Business Corporations Act (Canada) and any other statute of Canada or a province thereof, the U.S. Trust Indenture Act of 1939, as amended, and of the regulations under any such statutes, relating to trust indentures providing for the issue or guarantee of debt obligations by corporations and to the rights, duties and obligations of trustees under such trust indentures and of corporations issuing or guaranteeing debt obligations under trust indentures, to the extent that such provisions are at the time in force and applicable to this Indenture or the Issuer.

Indenture Legislation means the provisions, if any, of any statute of Canada or any province thereof, and of any regulations under any such statute, relating to trust indentures and to the rights, duties and obligations of trustees under trust indentures and of corporations issuing debt obligations under trust indentures, to the extent that such provisions are in the Opinion of Counsel at the time in force and applicable to this Indenture or the Company. The Company and the Trustee agree that each will at all times in relation to this Indenture and in relation to any action to be taken hereunder observe and comply with and be entitled to the benefits of the indenture legislation. If and to the extent that any provision of this Indenture limits, qualifies or conflicts with any mandatory requirement of indenture legislation, such mandatory requirement shall prevail.

Indenture Legislation means the provisions, if any, of the Companies Act (Nova Scotia) and any other statute of Canada or a province thereof, the U.S. Trust Indenture Act of 1939, as amended, and of the regulations under any such statutes, relating to trust indentures providing for the issue or guarantee of debt obligations by corporations and to the rights, duties and obligations of trustees under such trust indentures and of corporations issuing or guaranteeing debt obligations under trust indentures, to the extent that such provisions are at the time in force and applicable to this Indenture or the Issuer.

Indenture Legislation has the meaning set out in Subsection 15.11(1).