New Debenture definition

New Debenture shall have the meaning assigned to such term in Section 2.06.
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New Debenture as defined in Section 2.1.
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New Debenture means the debenture dated on or about the First Effective Date and made between (amongst others) the Borrower and the Security Agent
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Examples of New Debenture in a sentence

  • The Amended Debentures shall have a principal amount equal to the principal amount of the Existing Debentures purchased by the Purchaser and shall be in substantially the form as the New Debenture.

  • The issuance by the Company of the New Debenture shall not have the effect of delisting or suspending the Common Shares from the Exchange.

  • The Company further acknowledges that Purchaser is not acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to this Agreement and the transactions contemplated hereby and any advice given by the Purchaser or any of its respective representatives or agents in connection with this Agreement and the transactions contemplated hereby is merely incidental to the Purchaser’s purchase of the New Debenture.

  • PROVIDED THAT it shall continue to act as Debenture Trustee until a New Debenture Trustee (as defined below) is appointed by the Company with consent of the Majority Debenture Holders and such New Debenture Trustee accepts its appointment pursuant to this Clause 4.11 (Retirement and Removal of Debenture Trustee).

  • The Company shall use the proceeds from the sale of the New Debenture hereunder (i) for general working capital purposes as agreed to by the Company and the Purchaser, (ii) to pay certain expenses incurred in connection with the Transaction Documents and the transactions contemplated thereby, including the expenses and fees due and payable to the Purchaser and (iii) to redeem any of the Existing Debentures at par to the extent requested, in writing, by the Purchaser.

  • The Amended Debentures shall be deemed to be issued under and shall be governed in all respects by the terms of this Agreement and the other New Debenture Financing Documents.

  • The Company is not, and upon consummation of the sale of the New Debenture, and for so long the Purchaser holds the Debentures, will not be, an “investment company,” a company controlled by an “investment company” or an “affiliated person” of, or “promoter” or “principal underwriter” for, an “investment company” as such terms are defined in the Investment Company Act of 1940, as amended.

  • The obligations of the Company and the Subsidiaries under the New Debenture Financing Documents shall be secured by a Lien on all of the assets of the Company and the U.S. Subsidiaries (the “Collateral”) pursuant to the terms of the Security Documents.

  • Subject to the accuracy of the representations and warranties of the Purchaser contained in Section 3.2 hereof, the offer and sale of the New Debenture to the Purchaser as contemplated hereby (y) is exempt from the registration requirements of the U.S. Securities Act and from the prospectus requirements of applicable Canadian securities laws and (z) does not contravene the rules and regulations of the Exchange.

  • Neither the Company, nor any of its Subsidiaries or Affiliates, nor any Person acting on its or their behalf, has solicited any offer to buy or offer to sell the New Debenture by means of any form of general solicitation or general advertising, including within the meaning of Regulation D promulgated under the U.S. Securities Act, or in any manner involving a distribution to the public.


More Definitions of New Debenture

New Debenture means that debenture initially issued to the Investor as of January 1, 1999 and amended and restated in accordance with this Agreement, as more fully described in Section 1.1 herein.
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New Debenture has the meaning set forth in Section 1(a).
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New Debenture is defined in the Recitals.
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New Debenture is defined in the recitals to this Agreement.
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New Debenture means the new debenture dated on or about the date of the Amendment and Restatement Agreement between the Borrower and the Security Trustee.
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New Debenture shall have the meaning given in Section 5(b) herein.
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Related to New 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.

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

  • 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.

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

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

  • 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.

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

  • 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;

  • 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.

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

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

  • 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.

  • Bridge Note means a promissory note made by the Borrower in favor of a Bridge Lender, evidencing Bridge Loans made by such Bridge Lender, substantially in the form of Exhibit C-2.

  • Conversion Securities has the meaning set forth in Section 4.08(b).

  • Series D Notes is defined in Section 1.

  • Global Debenture shall have the meaning set forth in Section 2.4(a).

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

  • Debentures has the meaning stated in the first recital of this Indenture.

  • Subordinated Note Amount has the meaning set forth in the Recitals.

  • Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.

  • New Note shall have the meaning assigned to such term in Section 38.

  • 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.

  • 2013 Notes means the 4.375% Senior Secured Notes due 2023 and the 5.950% Senior Secured Notes due 2043 issued by the Issuer on March 18, 2013.

  • Note Shares means the shares of Common Stock issuable upon conversion of the Notes.

  • Existing Convertible Notes means any convertible notes or other convertible debt securities of the Company outstanding on the date of this Agreement.