Examples of Supplemental Debenture in a sentence
Each date on which a Conversion Notice is telecopied to and received by the Company in accordance with the provisions hereof shall be deemed a Conversion Date (as such term is defined in the Debenture and Supplemental Debenture).
On March 25, 2019, the Corporation announced that it had entered into an Investment Agreement whereby Brookfield agreed to invest $750 million in TransAlta through the purchase of exchangeable securities, which are exchangeable into an equity ownership interest in TransAlta’s Alberta Hydro Assets in the future at a value based on a multiple of the Hydro Assets’ future EBITDA ("Option to Exchange").
To the extent allowed by law, the Administrative Agent may take concurrent proceedings in any number of jurisdictions.In witness whereof this Supplemental Debenture has been duly executed on the above date first above written.
Each Chargor shall, at the request of the Administrative Agent, grant to the Administrative Agent a supplemental charge (in the agreed form based on the template set out in Schedule 5 (Supplemental Debenture) on its acquisition of any Property.
This Supplemental Debenture Agreement shall become a legally effective and binding instrument as of the date hereof.