Subordinated Debenture definition

Subordinated Debenture means a subordinated debenture in the form attached as Exhibit A hereto in the principal amount of the Subordinated Debt Amount, as amended, restated, supplemented or modified from time to time and each debenture delivered in substitution or exchange for such subordinated debenture.

Subordinated Debenture means the Subordinated Debenture dated as of January 16, 1995, as amended, between the Company and the Seller.

Subordinated Debenture has the meaning specified in Recital A.

Examples of Subordinated Debenture in a sentence

• The Company upon any such presentation shall execute a Global Subordinated Debenture in such aggregate principal amount and deliver the same to the Trustee for authentication and delivery in accordance with this Indenture.

• In any case, failure duly to give such notice to the Holder of any Junior Subordinated Debenture designated for redemption in whole or in part, or any defect in the notice, shall not affect the validity of the proceedings for the redemption of any other Junior Subordinated Debentures.

• In addition, the Company may at any time determine that the Junior Subordinated Debentures shall no longer be represented by a Global Subordinated Debenture.

• In case any Junior Subordinated Debenture is to be redeemed in part only, the notice that relates to such Junior Subordinated Debenture shall state the portion of the principal amount thereof to be redeemed, and shall state that on and after the redemption date, upon surrender of such Junior Subordinated Debenture, a new Junior Subordinated Debenture or Junior Subordinated Debentures in principal amount equal to the unredeemed portion thereof shall be issued to the Holder.

• In such event the Company will execute, and the Trustee, upon receipt of an Officers' Certificate evidencing such determination by the Company, will authenticate and deliver the Junior Subordinated Debentures in definitive registered form without coupons, in authorized denominations, and in an aggregate principal amount equal to the principal amount of the Global Subordinated Debenture in exchange for such Global Subordinated Debenture.

More Definitions of Subordinated Debenture

Subordinated Debenture has the meaning set forth in the recitals of this Agreement.

Subordinated Debenture means that certain 9% Junior Subordinated Debenture due March 31, 2026, which was issued pursuant to that certain indenture dated March 6, 1996, and which is the sole asset of the FGFI Trust.

Subordinated Debenture that certain 6% convertible subordinated debenture in the face amount of $115,000,000 dated January 31, 1996 issued by SSI.

Subordinated Debenture means the Subordinated Convertible Debenture of Borrower, dated March 5, 1997, issued to J. Clayton Pruitt, Sr., M.D., in the principal face amount of $4,999,999, and any extensions, renewals, modifications or substitutions thereof or therefor.

Subordinated Debenture means the Subordinated Convertible Debenture of Borrower, dated March 5, 1997, issued to J. Xxxxxxx Xxxxxx, Xx., M.D., in the principal face amount of $4,999,999, and any extensions, renewals, modifications or substitutions thereof or therefor.

Subordinated Debenture means the $2,831,558 10% Convertible Subordinated Debenture due March 26, 2006 issued by USPL to Halifax.

Subordinated Debenture as defined in Section 2.2(b) hereof.