Third Debenture means the third of the three (3) Debentures, in the principal amount of Two Hundred Thousand and 00/100 Dollars ($200,000.00), which is issued by the Company to the Buyer on the Third Closing Date.
Third Debenture means the debenture dated 23 May 2023 creating a fixed and floating charge over the Company’s assets to be entered into by the Company in favour of GLAS Trust Corporation Limited, as the same may be amended or replaced from time to time.
Third Debenture means the debenture creating a fixed and floating charge over the Company’s assets entered into by the Company in favour of the Security Agent on 23 May 2023;
Examples of Third Debenture in a sentence
A non-accountable fee of $10,000.00 shall be withheld from the Third Purchase Price by Buyer on the Third Closing Date to cover the Buyer’s accounting fees, legal fees, and other transactional costs incurred in connection with the Third Debenture contemplated by this Agreement.
Further, the Company shall issue 100,000 shares of Restricted Stock (the “Third Commitment Shares”) on the Third Closing Date as follows: 50,000 of the Third Commitment Shares to Investments and 50,000 of the Third Commitment Shares to Buyer, as a commitment fee in connection with the issuance of the Third Debenture.
More Definitions of Third Debenture
Third Debenture means the composite guarantee and debenture in the agreed terms to be entered into by all the Charging Companies (other than the Principal Borrower) in favour of the Security Trustee as trustee for the Security Beneficiaries and the expression "the Debenture" shall where appropriate include any further guarantee and debenture or other security executed or to be executed by one or more Charging Companies in favour of the Security Trustee as trustee for the Security Beneficiaries securing any liabilities incurred by any Group Company from time to time;