Subordinated Debentures definition

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

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Subordinated Debentures means the $_________ aggregate principal amount of the Depositor's Series _____ % Subordinated Debentures due _____, _____ issued pursuant to the Subordinated Debenture Indenture.

Subordinated Debentures means (a) those certain ten (10) unsecured redeemable non-convertible debentures in the face amount of $500,000 each, in the aggregate amount of $5,000,000; two debentures with a 24 month term (October 1, 2012) at 3%, two debentures with 30 month term (April 1, 2013) at 3.5%, two debentures with a 36 month term (October 1, 2013) at 4%, two debentures with a 42 month term (April 1, 2014) at 4.5% and two debentures with a 48 month term (October 1, 2014) at 5%; each issued by the Borrower pursuant to Confidential Private Offering Letter and Subscription Agreement dated on or about October 1, 2010; and (b) those certain eight (8) unsecured redeemable non-convertible debentures in the face amount of $500,000 each, in the aggregate amount of $4,000,000; two debentures with a 24 month term (April 1, 2015) at 2%, two debentures with 30 month term (October 1, 2015) at 2.5%, two debentures with a 36 month term (April 1, 2016) at 3%, and two debentures with a 42 month term (October 1, 2016) at 3.5%; each issued by the Borrower pursuant to Confidential Private Offering Letter and Subscription Agreement dated on or about April 1, 2013.

Examples of Subordinated Debentures in a sentence

The Company shall give written notice of its election to commence or continue any Deferral Period to the Trustee and the holders of the Subordinated Debentures at least one Business Day and not more than 60 Business Days before the next Interest Payment Date.
Such notice shall be given to the Trustee and each holder of the Subordinated Debentures at such holder’s address appearing in the Security Register by first-class mail, postage prepaid (or, as long as the Subordinated Debentures are held through the Depositary, such notice shall be transmitted in accordance with applicable procedures of the Depositary).
Such determination of any interest rate and calculation of the amount of interest will be on file at the Company’s principal offices and will be made available to any holder of the Subordinated Debentures upon request.
Dated: [•] By: Name: Title: This is one of the Subordinated Debentures referred to in the within mentioned Indenture.
Unless the Company has redeemed all of the Outstanding Subordinated Debentures as of the Initial Interest Reset Date, the Company shall appoint a calculation agent (the “Calculation Agent”) with respect to the Subordinated Debentures prior to the Reset Interest Determination Date preceding the Initial Interest Reset Date.

More Definitions of Subordinated Debentures

Subordinated Debentures means approximately $9.1 million in principal amount of 10% Subordinated Secured Convertible Debentures issued by the Company in connection with the Bankruptcy Plan.

Subordinated Debentures means the Depositor's [ ]% Subordinated Debentures due [ ], issued pursuant to the Indenture and as they may be amended from time to time.

Subordinated Debentures means Old ▇▇▇▇▇▇▇'▇ currently outstanding 6.5% Convertible Subordinated Debentures, due 2003, issued pursuant to the Subordinated Debentures Indenture.

Subordinated Debentures has the meaning specified in Recital A.

Subordinated Debentures means those certain subordinated deferrable interest debentures that are held by the Trusts and issued under a subordinated indenture dated November 14, 1996 from CNC to State Street Bank and Trust Company as successor trustee to Fleet National Bank, as trustee, and five supplemental indentures between CNC and State Street Bank and Trust Company (in its own right or as successor trustee to Fleet National Bank), including: (i) 9.16% subordinated deferrable interest debentures dated November 14, 1996, due November 30, 2026, (ii) 8.70% subordinated deferrable interest debentures dated November 22, 1996, due November 15, 2026, (iii) 8.796% subordinated deferrable interest debentures dated March 27, 1997, due April 1, 2027, (iv) 8.70% subordinated deferrable interest debentures dated August 24, 1998, due September 30, 2028, (v) 9.00% subordinated deferrable interest debentures dated October 14, 1998, due December 31, 2028, (vi) 9.44% subordinated deferrable interest debentures dated August 31, 1999, due September of 2029, and (vii) 6.75% subordinated deferrable interest debentures due February 16, 2003.

Subordinated Debentures means the Company's 5.25% Convertible Subordinated Debentures (Due 2014), in the aggregate principal amount of $32,000,000.

Subordinated Debentures means the 6 1/4% Convertible Subordinated Debentures Due 2011 issued by the Borrower pursuant to the Indenture in the original aggregate principal amount of $50,000,000, of which $44,883,000 is outstanding on the date of this Agreement.