Examples of Series 6 Debentures in a sentence
These unsecured debentures were issued as follows: (i) $175 million in floating rate Series 3 Debentures due in March 2021 bearing interest at a rate equal to the 3-month CDOR plus applicable margin (the “Series 3 Debentures”); (ii) $200 million in 3.235% per annum Series 4 Debentures due in March 2023 (the “Series 4 Debentures”); and (iii) $300 million in 3.80% per annum Series 6 Debentures due in August 2024 (the “Series 6 Debentures”).
The issue of the Series 6 Debentures and the execution of this Supplemental Indenture #5 have been duly authorized by the Company and each Series 6 Debenture and the Principal Indenture and this Supplemental Indenture #5 constitute or when completely executed in accordance with its terms will constitute, the legal, valid and binding obligations of the Company enforceable in accordance with their terms.
This Indenture is supplemental to the Principal Indenture, and this Supplemental Indenture #5 shall be read together with the said Principal Indenture and the parties hereto hereby mutually acknowledge and agree that save and except where the contents hereof are inconsistent with the Principal Indenture or the particular matter is dealt with expressly herein, the provisions of the said Principal Indenture including the covenants and representations therein shall apply to the Series 6 Debentures.
Every notice of redemption shall, unless all of the Debentures then outstanding are to be redeemed, state the designating numbers of the Series 6 Debentures called for redemption and in case a Debenture is to be redeemed in part only, that part of the principal amount thereof to be redeemed.
The Series 6 Debentures and the certificate of the Fiscal Agent endorsed thereon shall be substantially in the respective forms set forth in Schedule “A” with appropriate insertions, omissions, substitutions and variations as may be required or permitted by the terms of this Supplemental Indenture #5 or the Principal Indenture and as may be approved by the Fiscal Agent.
Ensure that the volunteer is aware that this is not an appraisal of them, but an opportunity for them to provide feedback on the organisation and its activities.
Payments by the Company for Series 6 Debentures in respect of principal or interest amounts owing shall be made in this manner only save and except that in the event of impossibility of payment by the said method in respect of any debenture holder then payment shall be made by the Company in such manner as the Fiscal Agent in its discretion shall determine and authorize.
The Company hereby acknowledges that the representations, warranties and covenants on its part contained in Section 5 of the Principal Indenture apply and continue in relation to the Series 6 Debentures and Debenture holders.
The Series 6 Debentures shall be dated the date, if originally issued hereunder, of certification thereof, or if issued in substitution for or upon exchange or transfer of any such Debentures, as provided in Sections 2.7 or 2.10 of the Principal Indenture, shall be dated the date of issue.
The Company shall have the right, at its option, to redeem either in whole or in part from time to time prior to maturity Series 6 Debentures issued hereunder at any time after December 31, 2020, upon payment of an amount therefor equal to the sum of the principal amount thereof to be redeemed together in either case with accrued and unpaid interest to but excluding the Redemption Date.