Examples of Series G Debentures in a sentence
Prior to making any redemption of the Series G Debentures, LREIT is required to use the net proceeds of such sales for the following purposes: (i) payment of all mortgage indebtedness relating to such properties; (ii) payment of all ordinary course expenses and liabilities relating to such properties; (iii) payment of all expenses relating to the cost of sale of such property; and (iv) repayment of any amounts owing to 2668921 Manitoba Ltd.
In the event that LREIT sells any of its properties, LREIT is required to use the net proceeds of such sales to redeem the Series G Debentures in whole or in part.
At any time prior to the maturity date, the Series G Debentures are redeemable, in whole or in part, at a price equal to the principal amount thereof, plus accrued and unpaid interest, from time to time at LREIT's sole option on not more than 60 days' and not less than 30 days' prior notice.
On January 6, 2021, CT REIT issued the Series G Debentures, having a maturity date of January 6, 2031.
The following schedule reflects securities of the Trust, which trade on the TSX-V and the related trading symbols: Units LRT.UNSeries G Debentures due June 30, 2022 LRT.DB.G Prior to June 1, 2018, the Trust's units and Series G Debentures traded on the Toronto Stock Exchange.
From December 21 to December 22, 2015, the Company continued to receive proceeds from the Series G Debentures in the amount of CAD $1,030,956.
Notwithstanding anything to the contrary contained herein, the Corporation may not redeem fewer than all of the Series G Debentures unless all accrued and unpaid interest on all of the Series G Debentures has been paid for all quarterly periods terminating on or prior to the redemption date.
The Corporation has the right at any time to shorten the maturity of the Series G Debentures to a date not earlier than January 1, 2001.
Debt financing costs of $1,950,000 were incurred and recorded against the principal owing .Proceeds from the Series G Debentures were used to repay amounts drawn on the Unsecured Facility in the amount of $240,000,000 and for general working capital purposes .UNSECURED TERM LOAN FINANCINGOn February 10, 2020, Allied repaid $100,000,000 of the principal amount of Tranche 1 of the Unsecured Term Facility due March 16, 2021 .
On issue of such Series G Debentures, Series G Debentures with an equivalent aggregate principal amount that were presented by the Institutional Trustee to the Debt Trustee will be deemed to have been canceled.