% SERIES A DEBENTURES Clause Samples
The 'Series A Debentures' clause defines the terms and conditions governing a specific class of debt instruments issued by a company, known as Series A debentures. This clause typically outlines the principal amount, interest rate, maturity date, and any conversion or redemption rights associated with these debentures. For example, it may specify that Series A debentures are unsecured, carry a fixed interest rate, and are convertible into equity under certain conditions. The core function of this clause is to clearly set out the rights and obligations of both the issuer and the holders of the Series A debentures, thereby providing certainty and reducing the risk of disputes regarding these financial instruments.
% SERIES A DEBENTURES. The aggregate proceeds received by the Partnership from the issuance of the Series A Preferred Securities, together with the proceeds of the capital contribution of the General Partner at the time of such issuance, will be used to purchase $101,010,100 aggregate principal amount of the 8 5/8% Junior Subordinated Deferrable Interest Debentures, Series A, of Entergy London Investments issued pursuant to the Indenture (the "Series A Debentures").
% SERIES A DEBENTURES. Issuance of 9% Series A Debentures. There shall be a series of Securities designated "9% Series A Debentures due 2043" (the "Series A Debentures") and such Series A Debentures shall have the terms set forth in this Article Two in accordance with the provisions of the Indenture and this Supplemental Indenture.
% SERIES A DEBENTURES