7.5% Debentures definition

7.5% Debentures means the subordinated unsecured convertible debentures due April 30, 2013, bearing interest at a rate of 7.50% per annum, payable semi-annually in arrears on April 30 and October 31 of each year. In May 2012, the Company redeemed all of its outstanding 7.5% Debentures at par or $1,000 per convertible debenture for a total amount of $24.7 million.
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7.5% Debentures means the 7.5% convertible unsecured subordinated debentures of Kirkland issued on November 7, 2012, maturing on December 31, 2017.
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7.5% Debentures means the 7.5% convertible redeemable debentures of the Corporation due December 31, 2014 which are listed on the TSX under the symbol SPB.DB.D.
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Examples of 7.5% Debentures in a sentence

  • Bellatrix recorded a deferred tax adjustment of $0.5 million related to its 7.5% Debentures on transition to IFRS with an offsetting entry to the January 1, 2010 deficit.

  • During the three months ended June 30, 2016, the Company classified the newly issued 7.5% Debentures as at FVTPL.Future accounting pronouncements:IFRS 9 is a new standard that replaced IAS 39 for classification and measurement of financial instruments, effective for annual periods beginning on or after January 1, 2018.

  • MSCS designated December 9, 2008 as the Early Termination Date for the interest rate swap and, by letter dated December 18, 2008, informed Tribune that it had set off $38.365 million in principal amount of the 7.5% Debentures (plus accrued interest and expenses) against the $50,433,470.16 MSCS had determined, as the non-defaulting party under the Swap Agreement, it owed Tribune.

  • Indenture dated as of July 19, 2012 between the Corporation and Computershare Trust Company of Canada (the “ Trustee”) providing for the creation and issuance of the 6% Debentures as supplemented by a Supplemental Indenture made as of November 7, 2012 between the Corporation and the Trustee providing for the creation and issuance of the 7.5% Debentures.

  • MSCS again informed Tribune that it had set off $38.365 million in principal amount of the 7.5% Debentures (plus accrued interest and expenses) against the Termination Amount.

  • Superior has four separate series of Convertible Debentures consisting of the 5.75% Debentures, 6.0% Debentures, 7.5% Debentures and 6.0% Debentures (2013) (collectively, the "Outstanding Debentures" and any one series, the "Debentures").

  • They are special shares belonging to the people who have founded the company 7.5 Debentures When companies need to obtain more capital, they can issue documents called debentures.

  • On 1st March, 2018, the company purchased 500 of its own 7.5% Debentures at ` 47,500 cum-interest.The debentures were held as investment until 30th June, 2021 when it was decided to cancel them.

  • The parties then presented an amended settlement,39 which was also rejected by the Court, on the basis that the agreement will “go too far” in designing copyright legislation.

  • Convertible Debentures During 2013, Superior redeemed all of the remaining 5.85% Debentures due October 31, 2015 and all of its 7.5% Debentures due December 31, 2014.


More Definitions of 7.5% Debentures

7.5% Debentures has the meaning the recitals hereto specify.
Sample 1

Related to 7.5% Debentures

  • Initial Debentures means the Debentures designated as “9.5% Unsecured Convertible Debentures” and described in Section 2.5;

  • Series A Debentures means the Series A 9-7/8% Junior Subordinated Deferrable Interest Debentures due February 15, 2027 of the Debenture Issuer issued pursuant to the Indenture.

  • Subordinated Debentures means the debentures exchangeable by the Company for the Preferred Stock in accordance with the Certificate of Designations therefor.

  • Series B Debentures means the $200 million aggregate principal amount of 4.903% Series B senior unsecured debentures of the Trust due July 5, 2023.

  • Exchange Debentures has the meaning set forth in Section 2(a) hereof.

  • 2014 Notes means (i) the 4.850% Senior Secured Notes due 2024 issued by the Issuer on March 18, 2014 and (ii) the 4.45% Senior Secured Notes due 2025 and the 5.45% Senior Secured Notes due 2034 issued by the Issuer on August 21, 2014.

  • Other Debentures means all junior subordinated debentures issued by the Guarantor from time to time and sold to trusts to be established by the Guarantor (if any), in each case similar to the Issuer.

  • Bridge Notes means the series of notes, of which this Note is a part, dated on or about the date hereof, each of which are identical, other than the date of the Note, identity of the Holder and principal amount of this Note.

  • Convertible Debentures means the 10½% Convertible Subordinated Debentures due 2007 of the Company.

  • Convertible Notes has the meaning set forth in the Recitals.

  • Convertible Debenture means the 6% convertible debenture dated July 1, 2008 and due July 1, 2011, in the amount of CAD$10,000,000 issued by Orezone to the Debentureholder;

  • 2028 Notes has the meaning specified in the recitals of this First Supplemental Indenture.

  • Debentures has the meaning stated in the first recital of this Indenture.

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

  • 2016 Notes means the aggregate principal amount of US$460,000,000 of 4.25% Convertible Senior Notes Due 2016 issued pursuant to the 2016 Note Indenture.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

  • 2013 Notes means the 4.375% Senior Secured Notes due 2023 and the 5.950% Senior Secured Notes due 2043 issued by the Issuer on March 18, 2013.

  • 2012 Notes means the 5.125% Senior Secured Notes due 2022 issued by the Issuer on July 2, 2012.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • New Notes shall have the meaning assigned to such term in Section 32.

  • 2017 Notes means the aggregate principal amount of US$600,000,000 of 6.25% Guaranteed Senior Notes Due 2017 issued pursuant to the 2017 Note Indenture.

  • 2024 Notes means the 7.625% unsecured notes due April 15, 2024, issued pursuant to the 2009 Notes Indenture.

  • UK Debenture has the meaning assigned to that term Section 5.1(b).

  • 2022 Notes means the 4.875% Senior Notes due 2022, originally issued by Rowan Companies, Inc., a Delaware corporation.

  • Debenture Indenture means the Indenture, dated as of December 1, 1989, between United Parcel Service of America, Inc. and Chemical Bank pursuant to which the 8-3/8% Debentures Due April 1, 2020 were issued, as in effect on the date of this Agreement (without giving effect to any amendment, supplement or other modification thereto, any repayment or covenant defeasance thereunder or any termination thereof), a copy of which is attached as Exhibit F hereto.