Examples of Other Debentures in a sentence
Each monthly payment shall be in an amount equal to the sum of (i) $400,000 of Principal (in the aggregate among this Debenture and all Other Debentures), or the outstanding Principal, if less than such amount (the “Amortization Principal Amount”), plus (ii) the Payment Premium (as defined below) in respect of such Amortization Principal Amount, and (iii) accrued and unpaid interest hereunder as of each payment date.
If this Debenture and any Other Debentures are held by more than one holder, then the Amortization Principal Amount and Payment Premium in respect of such Amortization Principal Amount shall be allocated to each holder based on each holder’s pro-rata portion of the total outstanding Principal amount outstanding on all such debentures.
If this Debenture and any Other Debentures outstanding are held by one holder, then such holder shall decide the allocation of payments between the outstanding Debentures in its sole discretion.