Limit of Debentures Sample Clauses

Limit of Debentures. The aggregate principal amount of Debentures authorized to be issued under this Indenture is unlimited, but Debentures may be issued only upon and subject to the conditions and limitations herein set forth.
AutoNDA by SimpleDocs
Limit of Debentures. The aggregate principal amount of Debentures authorized to be issued under this Indenture is limited to an aggregate principal amount of $60,000,000, and may be issued only upon and subject to the conditions and limitations herein set forth.
Limit of Debentures. Subject to the limitations in respect of the Initial Debentures set out in Section 2.4(a), the aggregate principal amount of Debentures authorized to be issued under this Indenture is unlimited, but Debentures may be issued only upon and subject to the conditions and limitations herein set forth.
Limit of Debentures. The Debentures shall be limited to an aggregate principal amount of not more than $85,000,000 and shall be designated as "6.0% Convertible Unsecured Subordinated Debentures".
Limit of Debentures. Subject to the limitation in respect of the aggregate principal amount of Initial Debentures set out in Section 2.4(a), the aggregate principal amount of Debentures authorized to be issued under this Indenture is unlimited, but Debentures may be issued only upon and subject to the conditions and limitations herein set forth. For greater certainty, this Indenture does not limit the ability of the Corporation to incur additional indebtedness, including indebtedness for borrowed money or from mortgaging, pledging or charging its properties to secure any future indebtedness of the Corporation.
Limit of Debentures. The Debentures authorized to be issued hereunder shall be limited to no more than $10,000,000 aggregate principal amount and shall be designated as “8,00% Convertible Unsecured Subordinated Debts due [June 30, 2020]”. The Debenture Trustee has been appointed as transfer agent and registrar of the Debentures.
Limit of Debentures. The aggregate principal amount of Debentures authorized to be issued under this Indenture is limited to up to US$28,750,000 (which amount includes the 15% over-allotment option granted to the Agents pursuant to the Agency Agreement), but Debentures may be issued only upon and subject to the conditions and limitations herein set forth. Any portion of the over-allotment option granted to the Agents pursuant to the Agency Agreement that remains unexercised following the 30th day after the closing date of the Offering shall expire and any unissued Debentures shall no longer be authorized from and after such date.
AutoNDA by SimpleDocs
Limit of Debentures. The aggregate principal amount of Debentures authorized to be issued under this Indenture is limited to up to $11,287,500, but Debentures may be issued only upon and subject to the conditions and limitations herein set forth. Terms of Debentures of any Series The Debentures may be issued in one or more series. There shall be established herein or in or pursuant to one or more indentures supplemental hereto, prior to the initial issuance of Debentures of any particular series:
Limit of Debentures. 8 2.2 TERMS OF DEBENTURES OF ANY SERIES.....................................8 2.3

Related to Limit of Debentures

  • Execution of Debentures The Debentures shall be signed in the name and on behalf of the Company by the manual or facsimile signature of its Chairman of the Board of Directors, Chief Executive Officer, Vice Chairman, President, one of its Managing Directors or one of its Executive Vice Presidents, Senior Vice Presidents or Vice Presidents. Only such Debentures as shall bear thereon a certificate of authentication substantially in the form herein before recited, executed by the Trustee or the Authenticating Agent by the manual signature of an authorized signer, shall be entitled to the benefits of this Indenture or be valid or obligatory for any purpose. Such certificate by the Trustee or the Authenticating Agent upon any Debenture executed by the Company shall be conclusive evidence that the Debenture so authenticated has been duly authenticated and delivered hereunder and that the holder is entitled to the benefits of this Indenture. In case any officer of the Company who shall have signed any of the Debentures shall cease to be such officer before the Debentures so signed shall have been authenticated and delivered by the Trustee or the Authenticating Agent, or disposed of by the Company, such Debentures nevertheless may be authenticated and delivered or disposed of as though the Person who signed such Debentures had not ceased to be such officer of the Company; and any Debenture may be signed on behalf of the Company by such Persons as, at the actual date of the execution of such Debenture, shall be the proper officers of the Company, although at the date of the execution of this Indenture any such person was not such an officer. Every Debenture shall be dated the date of its authentication.

  • Subordination of Debentures 48 Section 16.1. Agreement to Subordinate........................................48 Section 16.2. Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..................................................49 Section 16.3.

  • The Debentures SECTION 2.01.

Time is Money Join Law Insider Premium to draft better contracts faster.