Selling Debentureholder definition

Selling Debentureholder means Emera Holdings NS Company, a company incorporated under the laws of the Province of Nova Scotia and a wholly owned direct subsidiary of Emera;
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Selling Debentureholder means Emera Holdings NS Company, a direct wholly-owned subsidiary of Emera.
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Selling Debentureholder means FortisUS Holdings Nova Scotia Limited, a wholly owned Subsidiary of the Corporation and the initial purchaser of the Debentures issued under this Indenture.
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Examples of Selling Debentureholder in a sentence

  • Nothing in this Article 16 shall require the Selling Debentureholder to sell less than all of the Convertible Debentures or Optional Convertible Debentures, as applicable, or relieve any defaulting Underwriter from liability in respect of its default hereunder to the Selling Debentureholder and to the non-defaulting Underwriters.

  • Debentures so owned which have been pledged in good faith shall not be disregarded if the pledgee establishes to the satisfaction of the Trustee the pledgee’s right so to act with respect to the Debentures and that the pledgee is not the Corporation or any other obligor on the Debentures or any Affiliate of the Corporation (other than Debentures owned by or behalf of the Selling Debentureholder) or of such other obligor.

  • With respect to legal, tax, accounting, financial and other considerations involved in the transactions contemplated by this Agreement, including the sale of the Debentures, the Selling Debentureholder is not relying on the Company (or any agent or representative thereof).

  • The Selling Debentureholder agrees to indemnify and hold the Company harmless for any taxes (including interest and penalties) imposed on the Company as a result of the CRA determining that the Company should have withheld tax at a higher rate than the rate actually used by the Company in respect of the Selling Debentureholder.

  • Except as otherwise provided herein, this Agreement shall bind and inure to the benefit of and be enforceable by the Selling Debentureholder and the Company and their respective successors and assigns.

  • Each of the Company and the Selling Debentureholder shall bear its own costs and expenses in connection with the drafting, negotiation, execution and delivery of this Agreement and the consummation of the transactions contemplated hereby.

  • Upon any such redemption, the Company will pay for each Debenture: (i) $333 plus accrued and unpaid interest to the holder of the instalment receipt; and (ii) $667 to the Selling Debentureholder on behalf of the holder of the instalment receipt in satisfaction of the Final Instalment.

  • Upon any such redemption, the Corporation will pay for each Debenture: (i) $333 plus accrued and unpaid interest to the holder of the Instalment Receipt; and(ii) $667 to the Selling Debentureholder on behalf of the holder of the Instalment Receipt in satisfaction of the final instalment.

  • For the purposes hereof, provided any such withheld amounts are timely remitted to the appropriate Governmental Entity, all such withheld amounts shall be treated as having been paid to the Selling Debentureholder.

  • Upon the furnishing of the notice, the Underwriters will severally (and not jointly or jointly and severally) be committed to purchase, in the respective percentages set out in Section 16.1 of this Agreement, and the Selling Debentureholder will be committed to sell in accordance with and subject to the provisions of this Agreement the number of Optional Convertible Debentures indicated in the notice.


More Definitions of Selling Debentureholder

Selling Debentureholder has the meaning ascribed thereto in the first paragraph of this Agreement;
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Selling Debentureholder means Liberty Utilities (Canada) Corp., a direct wholly owned Subsidiary of the Company and the initial purchaser of the Debentures issued under this Indenture.
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Related to Selling Debentureholder

  • Selling Shareholder has the meaning set forth in Section 3.04(a).

  • Redemption Securities means any debt or equity securities of the Corporation, any Subsidiary or any other corporation or other entity, or any combination thereof, having such terms and conditions as shall be approved by the Board of Directors and which, together with any cash to be paid as part of the redemption price, in the opinion of any nationally recognized investment banking firm selected by the Board of Directors (which may be a firm which provides other investment banking, brokerage or other services to the Corporation), has a value, at the time notice of redemption is given pursuant to paragraph (d) of this Section 5, at least equal to the Fair Market Value of the shares to be redeemed pursuant to this Section 5 (assuming, in the case of Redemption Securities to be publicly traded, such Redemption Securities were fully distributed and subject only to normal trading activity).

  • Selling Stockholder means any Stockholder owning Registrable Shares included in a Registration Statement.

  • Redemption Shares has the meaning set forth in Section 6.2(a). “Reviewed Year” has the meaning ascribed to said phrase under Section 6225(d)(1) of the Code.

  • Selling Shareholders has the meaning given to such term in the Preamble to this Agreement;

  • Investor means the Buyer, any transferee or assignee thereof to whom a Buyer assigns its rights under this Agreement in accordance with Section 9 and who agrees to become bound by the provisions of this Agreement, and any transferee or assignee thereof to whom a transferee or assignee assigns its rights under this Agreement in accordance with Section 9 and who agrees to become bound by the provisions of this Agreement.

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

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

  • Initial Noteholder means (i) with respect to Note A-1, the Initial Note A-1 Holder and (ii) with respect to Note A-2, the Initial Note A-2 Holder.

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Offered Securities shall have the meaning specified in Section 5.03(b)(ii)(B).

  • Warrant Holder means the holder of a Call Warrant.

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

  • Preferred Shareholder means any holder of Preferred Shares.

  • Initial Note A-8 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • NIM Securities As defined in the tenth Recital to this Agreement.

  • New Securities Trustee means a bank or trust company reasonably satisfactory to the Initial Purchasers, as trustee with respect to the New Securities under the New Securities Indenture.

  • Purchaser Securities means the Purchaser Units, the Purchaser Common Stock, the Purchaser Preferred Stock and the Purchaser Warrants, collectively.

  • Refused Securities has the meaning ascribed to such term in Section 4.1(c)

  • Selling Stockholders means Purchaser and any other purchaser of Units in the Offering, and their respective successors and assigns.

  • Initial Noteholders shall have the meaning assigned to such term in the recitals.

  • Preferred Holder means, with respect to a series of Preferred Units, a Record Holder of such series of Preferred Units.

  • Offering Shares means the shares of Common Stock included in the Units issued pursuant to this Agreement and Investor Warrant Shares.

  • Initial Note A-6 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Selling Member has the meaning set forth in Section 10.5(a).

  • Selling Holder means a Holder who is selling Registrable Securities pursuant to a registration statement.