Number of Debentures Sample Clauses
The 'Number of Debentures' clause defines the total quantity of debentures that are being issued under the agreement. It typically specifies the exact number or the maximum limit of debentures that the issuer is authorized to create and offer to investors. For example, the clause may state that up to 1,000 debentures, each with a face value of $1,000, will be issued. This clause ensures clarity for both parties by setting clear expectations regarding the scale of the issuance and helps prevent disputes over the amount of debt being created.
Number of Debentures. 3.5.1. One thousand and five hundred (1,500) Debentures shall be issued.
Number of Debentures. 3.5.1 One million, two hundred thousand (1,200,000) Debentures will be issued, of which (i) seven hundred thousand (700,000) of the first series debentures (“First Series Debentures”) and (ii) five hundred thousand (500,000) of the second series debentures (“Second Series Debentures” and, together with the First Series Debentures, “Debentures”).
Number of Debentures. 3.5.1 60 (sixty) Debentures will be issued.