Non-Convertible Debenture definition

Non-Convertible Debenture means a debt instrument issued by a housing finance company with maturity for one year or more and issued by way of private placement.
View Source
Non-Convertible Debenture or "Non-Convertible Debentures" has the meaning stated in the seventh recital of this Amended and Restated Indenture and more particularly means any Non-Convertible Debentures authenticated and delivered under this Amended and Restated Indenture.
View Source

Examples of Non-Convertible Debenture in a sentence

  • Accordingly, pursuant to the terms and conditions of this Agreement, it is hereby agreed that the execution by the Subscriber of this Agreement, in the place set forth herein, shall constitute agreement to be bound by the terms and conditions of the Convertible Debenture, Non-Convertible Debenture and the Investor Warrant, with the same effect as if each such separate, but related agreement, was separately signed to the extent required to be executed by the Subscriber.

  • This Agreement is intended to be read and construed in conjunction with the Forms of Convertible Debenture and Non-Convertible Debenture and the Form of Investor Warrant pertaining to the issuance by the Company of the Securities pursuant to the Memorandum.

  • The purchase price for each Unit will be $6,000, with $3,000 of such Unit purchase price being paid for each Convertible Debenture and $3,000 of such Unit purchase price being paid for each Non-Convertible Debenture.

  • The Company shall pay all the stamp duties in relation to the Non-Convertible Debenture and all documents executed in relation to the Unsecured NCDs including this Deed.