the Debentures definition

the Debentures means the debentures that the IDC have subscribed for in ERPM in terms of the Debenture Deed dated 27 January 2003;
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the Debentures means and include the debentures
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the Debentures means and include the debentures for the loan of one hundred thousand pounds issued by 6 the Board under the provisions of the Oamaru Harbour Board Ordinance Amendment Act, 1878, and the Har- Lours Act, 1878:
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Examples of the Debentures in a sentence

  • Further, the Company shall not make any payment of principal or interest on the Debentures in amounts which are disproportionate to the respective principal amounts outstanding on the Debentures at any applicable time.

  • Such additional indebtedness shall be secured by a lien prior to that of the Debentures upon all property and funds held or collected by the Trustee as such, except funds held in trust for the benefit of the holders of particular Debentures.

  • A Distribution is payable only to the extent that payments are made in respect of the Debentures held by the Institutional Trustee and to the extent the Institutional Trustee has funds available therefor.

  • All the Debentures so issued shall in all respects have the same legal rank and benefit under this Indenture as the Debentures theretofore or thereafter issued in accordance with the terms of this Indenture as though all of such Debentures had been issued at the date of the execution hereof.

  • No vote or consent of the Holders of the Common Securities will be required for the Trust to redeem and cancel Common Securities or to distribute the Debentures in accordance with the Declaration and the terms of the Securities.

  • The Company shall honor exercises of the Warrants and conversions of the Debentures and shall deliver Underlying Shares in accordance with the terms, conditions and time periods set forth in the Transaction Documents.

  • Until so paid, any fees payable hereunder shall be added to the principal amount of the Debentures and shall bear interest at the Default Rate.

  • The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the Debentures.

  • The Trustee and the Authenticating Agent make no representations as to the validity or sufficiency of this Indenture or of the Debentures.

  • If the Company shall acquire any of the Debentures, however, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Debentures unless and until the same are surrendered to the Trustee for cancellation.

Related to the Debentures

  • Initial Debentures means the Debentures designated as “8.0% Unsecured Convertible Debentures” and described in Section 2.5;

  • Series A Debentures means the [___]% Junior Subordinated Deferrable Interest Debentures due December [__], 2028, Series A, of the Debenture Issuer issued pursuant to the Indenture.

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

  • Series B Debentures means the Series B 9.50% Junior Subordinated Deferrable Interest Debentures due March 15, 2029 of the Debenture Issuer issued pursuant to the Indenture.

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