Purchased Debenture definition

Purchased Debenture means any 2046 Exchangeable Debenture purchased pursuant to Section 2.1 of the Indemnification Agreement.
Sample 1Sample 2Sample 3
Purchased Debenture means any 2046 Exchangeable Debenture purchased pursuant to Section 2.1 of the Indemnification Agreement. “Purchased Debenture Indemnity” has the meaning given to such term in the Indemnification Agreement.
Sample 1Sample 2
Purchased Debenture means the 8.00% secured convertible debenture due five years from the date of issuance in the aggregate amount of $6,500,000 represented and evidenced by the Purchased Debenture Certificate.
Sample 1

Examples of Purchased Debenture in a sentence

  • The Exchange Notes shall not constitute a novation or satisfaction and accord of the applicable Purchased Debenture.

  • Notwithstanding anything herein to the contrary, any downward adjustment of the Purchased Debenture Conversion Price (and the corresponding Exchange Debenture Conversion Price) may be waived, either prospectively or retroactively and either generally or in a particular instance, by the consent or vote of the Holders of 85% of the principal amount of Purchased Debentures and the Exchange Debentures (voting together as a separate class).

  • Upon the occurrence of each adjustment or readjustment of the applicable Conversion Price pursuant to this Section 4.25, the Company at its expense shall promptly compute such adjustment or readjustment in accordance with the terms hereof and furnish to each Holder of an outstanding Exchange Debenture or Purchased Debenture, as the case may be, a certificate setting forth such adjustment or readjustment and showing in detail the facts upon which such adjustment or readjustment is based.

  • After due inquiry, the Company represents and warrants that at all times, the Company has complied in all material respects with all applicable securities and other applicable laws in relation with the issuance, holding and transfers of the Original Debenture and each Purchased Debenture.

  • Each Purchaser shall deliver to the Escrow Agent via wire transfer for immediately available funds equal to their Subscription Amount and the Company shall deliver to the Escrow Agent each Purchased Debenture as determined pursuant to Section 2.2(a) and the other items set forth in Section 2.2 issuable at the Closing.

  • Each Exchange Notes is being issued in substitution of and exchange for and not in satisfaction of the applicable Purchased Debenture.

  • Before any adjustment required by the Purchase Agreement, the Purchased Debenture Conversion Price is $0.50 per share, and the Exchange Debenture Conversion Price is $0.375 per share.

  • To the Company’s knowledge, no violation of securities and other applicable laws occurred in connection with the acquisition, issuance, or holding of the Original Debenture or any Purchased Debenture.

  • The Original Debenture and each Purchased Debenture was (or, upon issuance, will have been) authorized by all necessary company action and validly issued and executed, and the Company’s signatory had (or will have) full corporate or other requisite authority to execute such agreements and to bind the Company.


More Definitions of Purchased Debenture

Purchased Debenture has the meaning ascribed to such term in the Recitals. “Purchased Warrant” has the meaning ascribed to such term in the Recitals. “Purchased Warrant Certificate” has the meaning ascribed to such term in the Recitals.
Sample 1
Purchased Debenture has the meaning ascribed to such term in the Recitals. “Purchased Warrant” has the meaning ascribed to such term in the Recitals. “Purchased Warrant Certificate” has the meaning ascribed to such term in the Recitals.
Sample 1

Related to Purchased Debenture

  • 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;

  • Initial Debentures means the Debentures designated as “9.5% Unsecured Convertible Debentures” and described in Section 2.5;

  • 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.

  • 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.

  • UK Debenture has the meaning assigned to that term Section 5.1(b).

  • Purchased Securities has the meaning assigned in the Terms;

  • Series A Debentures means the Series A 9-7/8% Junior Subordinated Deferrable Interest Debentures due February 15, 2027 of the Debenture Issuer issued pursuant to the Indenture.

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • 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;

  • Exchange Debentures has the meaning set forth in Section 2(a) hereof.

  • New Notes shall have the meaning assigned to such term in Section 32.

  • Convertible Notes has the meaning set forth in the Recitals.

  • Bridge Note means a promissory note made by the Borrower in favor of a Bridge Lender, evidencing Bridge Loans made by such Bridge Lender, substantially in the form of Exhibit C-2.

  • Purchase Shares has the meaning set forth in Section 2.5(c).

  • Subordinated Debentures means the debentures exchangeable by the Company for the Preferred Stock in accordance with the Certificate of Designations therefor.

  • Conversion Shares means, collectively, the shares of Common Stock issuable upon conversion of the shares of Preferred Stock in accordance with the terms hereof.

  • Debenture means debenture stock, mortgages, bonds and any other such securities of the Company whether constituting a charge on the assets of the Company or not.

  • Conversion Securities has the meaning set forth in Section 4.08(b).

  • Private Placement Warrants Purchase Agreement shall have the meaning given in the Recitals hereto.

  • 2016 Notes means the aggregate principal amount of US$460,000,000 of 4.25% Convertible Senior Notes Due 2016 issued pursuant to the 2016 Note Indenture.

  • Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.

  • Series D Notes is defined in Section 1.

  • Seller Notes means any promissory note or notes issued by the Borrower or a Restricted Subsidiary of the Borrower in respect of any acquisition permitted hereunder as consideration in connection with such acquisition, but that is not in the nature of an earn-out obligation or similar deferred or contingent obligation.

  • Note Shares means the shares of Common Stock issuable upon conversion of the Notes.

  • Seller Note means the promissory note evidencing Xxxxxxxx’s repayment obligations in respect of the Seller Loan.