Debenture Redemption Reserve. The Company shall create and maintain a Debenture Redemption Reserve and credit to the Debenture Redemption Reserve such amounts as required under Law including section 71(4) of the Companies Act, 2013 read with Rule 18(7) of the Companies (Share Capital and Debentures) Rules, 2014, as amended from time to time or any regulations or guidelines issued by SEBI, as applicable. The Company hereby agrees and undertakes that, if during the currency of these presents, any further guidelines are formulated (or modified or revised) by any Governmental Authority in respect of creation of Debenture Redemption Reserve and investment of the monies lying therein, the Company shall duly abide by such guidelines and execute all such supplemental letters, agreements and deeds of modifications as may be required by the Debenture Holders or the Debenture Trustee.
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Samples: Debenture Trust Deed, Debenture Trust Deed, Debenture Trust Deed
