7% Debentures definition
Examples of 7% Debentures in a sentence
Failure of the Company to repay this Security (or such portion hereof) when required shall constitute an 10 5 Event of Default with respect to the 7% Debentures Due 2027 only and not with respect to any other series of Securities.
Parent shall cause the Surviving Corporation to take all such actions as are required by Section 15 of the Fiscal Agency Agreement and Section 6 of the 7% Debentures including providing such notice to the Fiscal Agent as is required therein and to enter into such supplemental indentures and deliver such certificates and opinions as may be required under the Indenture.
The Company shall have no obligation to deliver the Securities or to proceed to Closing unless the holders 80% in principal amount of outstanding 7% Debentures enter into identical Agreements with the Company.
A series of Securities which shall be designated the "7% Debentures Due 2027" shall be executed, authenticated and delivered in accordance with the provisions of, and shall in all respects be subject to, the terms, conditions and covenants of the Original Indenture, including without limitation the terms set forth in this Second Supplemental Indenture (including the form of Debentures referred to in SECTION 1.02 hereof).
This Supplemental Indenture relates solely to the 7% Debentures and shall have no force or effect with respect to any other series of Outstanding Securities under the Indenture.
Term Assets: One Hundred Year 7% Debentures due December 1, 2095 Maturity Date: December 1, 2095 Original Principal Amount Issued: $500,000,000 CUSIP No.: ▇▇▇▇▇▇▇▇▇ Stated Interest Rate: 7% Interest Payment Dates: June 1 and December 1 Principal Amount of Term Assets Deposited Under Trust Agreement: US $50,000,000 The Term Assets will be held by the Trustee as book-entry credits to an account of the Trustee or its agent at The Depository Trust Company, New York, New York ("DTC").
The holders of Registrable Securities agree, for the benefit of the holders of the 7% Debentures, that they will not effect any public sale or distribution of any of the Registrable Securities, except as permitted by the following provisions of this section 2.8, until the earlier of (a) January 21, 2001 and (b) the date on which there shall no longer exist any "7% Debentures Registrable Securities" (as defined in section 1).
A series of Securities which shall be designated the "7% Debentures Due 2028" shall be executed, authenticated and delivered in accordance with the provisions of, and shall in all respects be subject to, the terms, conditions and covenants of the Original Indenture, including without limitation the terms set forth in this Fourth Supplemental Indenture (including the form of Debentures referred to in Section 1.02 hereof).
The undersigned hereby subscribes for $______________ in principal amount of 7% Debentures.
Term Assets: 7% Debentures due December 1, 2095 Maturity Date: December 1, 2095 Original Principal Amount Issued: $500,000,000 CUSIP No.: 079867 AP2 Stated Interest Rate: 7% per annum Interest Payment Dates: June 1 and December 1 Principal Amount of Term Assets Deposited Under Trust Agreement: $82,840,000 The Term Assets will be held by the Trustee as book-entry credits to an account of the Trustee or its agent at The Depository Trust Company, New York, New York ("DTC").