Term Debenture definition

Term Debenture means the debenture in the principal amount of $237,227,000 dated the 1st day of March, 2004 issued by the Borrower in favour of the Shareholder;
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Term Debenture means the term debenture issued March 1, 2004 by the Borrower in favour of Parent in the principal amount of Cdn.$237,227,000. “Total Leverage Ratio” means on any date the ratio of (i) Consolidated Total Debt on such date to (ii) Consolidated EBITDA for the Obligors for the four
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Term Debenture has the meaning given to that term in the Debenture Trust Deed.
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Examples of Term Debenture in a sentence

  • The Borrower shall comply with all of the covenants and obligations contained in the Term Debenture and shall provide the Administrative Agent with copies of any notices delivered by or to the Borrower pursuant to the terms of the Term Debenture concurrent with the delivery of such notice by or to the Parent.

  • The relevant Borrowers must issue for the benefit of each Bridge Term Debenture Holder a Bridge Term Master Debenture in respect of the Bridge Term Debentures.

  • Each prepayment, repayment or reduction under this clause reduces the relevant Commitments and Face Value Amounts of the Term Debentures in aggregate by the AUD Equivalent of the amount paid (calculated using the relevant Spot Rate on the day of the payment), and each of those Commitments and the Face Value Amount of each Subscriber's Term Debenture reduces by a pro rata amount.

  • Each Guarantor shall or shall cause CCEC to be in compliance with the terms and conditions of the Term Debenture Documents.

  • On the Termination Date, each Borrower must repay to the Facility Agent (for the account of the Subscribers) the outstanding Paid Up Amount of Term Debentures and redeem each Term Debenture and pay any accrued but unpaid interest on the Term Debentures and all other amounts then outstanding from it but unpaid under the Term Debentures, this document or the Senior Funding Agreement, in the currency in which the Paid Up Amount, interest or other amount is denominated.

  • The relevant Borrower must issue for the benefit of the relevant Debenture Holder a Master Debenture in substantially the form of schedule 5 in respect of any Debenture (other than a Bridge Term Debenture, Term Debenture, Revolving Debenture, US Debenture or Term B2 Debenture) issued under clause 6.1(g).

  • The Borrower agrees to maintain separate books, accounts, invoices, letters, deeds, writings, paper and documents that in any way evidence or relate to any of the Subscription Agreement, the Subscription Amount (as defined in the Term Debenture) or any of the other personal property listed in Section 3.1(a) – (c) of the Term Debenture.

  • Solely for the benefit of the Holders of Sterling 8-7/8% Notes and the Holders of Euro 8-3/8% Notes, the Company shall comply in all respects with its obligations under Section 7.1 of the Term Debenture, dated August 23, 2001, between the Company and Calpine Canada Resources Ltd.

  • DarkPulse Technologies Inc., and DPTH Acquisition Corporation Schedule 2.7 - Contracts and Commitments Material Contracts Convertible Debenture (Secured) -Term Debenture with The University of New Brunswick.

  • The relevant Borrowers must issue for the benefit of each Term Debenture Holder a Term Master Debenture in respect of the Term Debentures.


More Definitions of Term Debenture

Term Debenture has the same meaning as in the Deed of Debenture Trust.
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Term Debenture means the term debenture issued March 1, 2004 by the Borrower in favour of Parent in the principal amount of Cdn.$237,227,000.
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Related to Term Debenture

  • Convertible Debenture means the 6% convertible debenture dated July 1, 2008 and due July 1, 2011, in the amount of CAD$10,000,000 issued by Orezone to the Debentureholder;

  • Series B Debentures means the $200 million aggregate principal amount of 4.903% Series B senior unsecured debentures of the Trust due July 5, 2023.

  • Convertible Debentures means the 10½% Convertible Subordinated Debentures due 2007 of the Company.

  • Initial Debentures means the Debentures designated as “9.5% Unsecured Convertible Debentures” and described in Section 2.5;

  • Exchange Debentures has the meaning set forth in Section 2(a) hereof.

  • Series A Debentures means the Series A 9-7/8% Junior Subordinated Deferrable Interest Debentures due February 15, 2027 of the Debenture Issuer issued pursuant to the Indenture.

  • Bridge Notes means the series of notes, of which this Note is a part, dated on or about the date hereof, each of which are identical, other than the date of the Note, identity of the Holder and principal amount of this Note.

  • Convertible Notes has the meaning set forth in the Recitals.

  • 2014 Notes means (i) the 4.850% Senior Secured Notes due 2024 issued by the Issuer on March 18, 2014 and (ii) the 4.45% Senior Secured Notes due 2025 and the 5.45% Senior Secured Notes due 2034 issued by the Issuer on August 21, 2014.

  • UK Debenture has the meaning assigned to that term Section 5.1(b).

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

  • Term Notes means the promissory notes of the Borrower in favor of each of the Lenders evidencing the portion of the Term Loan provided pursuant to Section 2.2(d), individually or collectively, as appropriate, as such promissory notes may be amended, modified, restated, supplemented, extended, renewed or replaced from time to time.

  • Convertible Note means an instrument issued by a startup company evidencing receipt of money initially as debt, which is repayable at the option of the holder, or which is convertible into such number of equity shares of such startup company, within a period not exceeding five years from the date of issue of the convertible note, upon occurrence of specified events as per the other terms and conditions agreed to and indicated in the instrument;

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • Debenture means debenture stock, mortgages, bonds and any other such securities of the Company whether constituting a charge on the assets of the Company or not.

  • 2016 Notes means the aggregate principal amount of US$460,000,000 of 4.25% Convertible Senior Notes Due 2016 issued pursuant to the 2016 Note Indenture.

  • Series D Notes is defined in Section 1.

  • Series C Equipment Notes means Equipment Notes issued under an Indenture and designated as "Series C" thereunder.

  • New Notes shall have the meaning assigned to such term in Section 32.

  • 2017 Notes means the aggregate principal amount of US$600,000,000 of 6.25% Guaranteed Senior Notes Due 2017 issued pursuant to the 2017 Note Indenture.

  • Series B Equipment Notes means Equipment Notes issued and designated as “Series B Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series B Equipment Notes” and bearing interest at the Debt Rate for Series B Equipment Notes specified in Schedule I to the Indenture.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • Debenture Indenture means the Indenture, dated as of December 1, 1989, between United Parcel Service of America, Inc. and Chemical Bank pursuant to which the 8-3/8% Debentures Due April 1, 2020 were issued, as in effect on the date of this Agreement (without giving effect to any amendment, supplement or other modification thereto, any repayment or covenant defeasance thereunder or any termination thereof), a copy of which is attached as Exhibit F hereto.

  • Other Debentures means all junior subordinated debentures issued by the Guarantor from time to time and sold to trusts to be established by the Guarantor (if any), in each case similar to the Issuer.