Prior Debentures definition

Prior Debentures means the 12.5% Senior Secured Convertible Debentures due, subject to the terms therein, three (3) years from their date of issuance, issued by the Company to the holders thereof pursuant to the Prior Purchase Agreement.
Prior Debentures means (i) the 8% Original Issue Discount Senior Secured Convertible Debenture Due December 1, 2014 issued by the Company to Hillair Capital Investments L.P. on July 11, 2013 in the original principal amount of $1,008,000, (ii) the 8% Original Issue Discount Senior Secured Convertible Debenture Due December 1, 2014 issued by the Company to Hillair Capital Investments L.P. on November 26, 2013 in the original principal amount of $616,000, (iii) the 8% Original Issue Discount Senior Secured Convertible Debenture Due April 1, 2016 issued by the Company to Hillair Capital Investments L.P. on May 29, 2014 in the original principal amount of $448,000, (iv) the 8% Original Issue Discount Senior Secured Convertible Debenture Due April 1, 2016 issued by the Company to Hillair Capital Investments L.P. on June 23, 2014 in the original principal amount of $364,000, (v) the 8% Original Issue Discount Senior Secured Convertible Debenture Due April 1, 2016 issued by the Company to Hillair Capital Investments L.P. on August 1, 2014 in the original principal amount of $364,000, (vi) the 10% Senior Secured Note Due March 4, 2016 issued by the Company to Hillair Capital Investments L.P. on September 4, 2014 in the original principal amount of $1,040,000, and (vii) the 10% Senior Secured Note Due March 4, 2016 issued by the Company to Hillair Capital Investments L.P. on September 4, 2014 in the original principal amount of $500,000.
Prior Debentures means (i) the 8% Original Issue Discount Senior Secured Convertible Debenture Due December 1, 2014 issued by the Company to Hillair Capital Investments L.P. on July 11, 2013 in the original principal amount of $1,008,000 and (ii) the 8% Original Issue Discount Senior Secured Convertible Debenture Due December 1, 2014 issued by the Company to Hillair Capital Investments L.P. on November 26, 2013 in the original principal amount of $616,000.

Examples of Prior Debentures in a sentence

  • This Debenture represents the portions of the Prior Debentures that have been consolidated as set forth on Schedule ‘A’.

  • The issuance of this Debenture is not in any way intended to constitute a novation of the obligations and liabilities existing under the Prior Debentures or evidence payment of all or any portion of such obligations and liabilities.

  • The Company entered into a Security Agreement with the Secured Party to secure the obligations of the Parent under the Prior Debentures.

  • The Company hereby expressly reaffirms all of the principal and accrued but unpaid interest under the Prior Debentures.

  • The obligations secured hereby are any and all obligations of the Company now existing or hereinafter incurred to the Secured Party, whether oral or written and whether arising before, on or after the date hereof including, without limitation, those obligations of the Company to the Secured Party under this Agreement, the Transaction Documents, the Prior Debentures and any other amounts now or hereafter owed to the Secured Party by the Company thereunder or hereunder (collectively, the “Obligations”).


More Definitions of Prior Debentures

Prior Debentures means (i) the 8% Original Issue Discount Senior Secured Convertible Debenture Due December 1, 2014 issued by the Company to Hillair Capital Investments L.P. on July 11, 2013 in the original principal amount of $1,008,000, (ii) the 8% Original Issue Discount Senior Secured Convertible Debenture Due December 1, 2014 issued by the Company to Hillair Capital Investments L.P. on November 26, 2013 in the original principal amount of $616,000, (iii) the 8% Original Issue Discount Senior Secured Convertible Debenture Due April 1, 2016 issued by the Company to Hillair Capital Investments L.P. on May 29, 2014 in the original principal amount of $448,000, (iv) the 8% Original Issue Discount Senior Secured Convertible Debenture Due April 1, 2016 issued by the Company to Hillair Capital Investments L.P. on June 23, 2014 in the original principal amount of $364,000 and (v) the 8% Original Issue Discount Senior Secured Convertible Debenture Due April 1, 2016 issued by the Company to Hillair Capital Investments L.P. on August 1, 2014 in the original principal amount of $364,000.
Prior Debentures means the $8,550,000 principal amount of 7% secured convertible debentures previously issued by the Corporation on November 15, 2005;
Prior Debentures means, collectively, the 6.50% convertible unsecured subordinated debentures of the Corporation due June 30, 2010, the 7.75% convertible unsecured debentures of the Corporation due December 1, 2011, and the 8.00% convertible unsecured subordinated debentures of the Corporation due December 31, 2011;
Prior Debentures means the senior secured debentures issued and sold by the Company on January 5, 2006 pursuant to the Prior Transaction Documents, as the same may be amended from time to time in accordance with the terms hereof and thereof.
Prior Debentures means the January 2007 Debentures and the August 2007 Debentures.
Prior Debentures means the 5.85% convertible unsecured subordinated debentures of Alcanna due April 2018;
Prior Debentures means those certain 12.5% Original Issue Discount Debentures, issued pursuant to the terms of that certain to that certain Securities Purchase Agreement, dated as of January 25, 2021, between FOXO Technologies, Inc. and the purchasers party thereto.