Angle Debentures definition

Angle Debentures means the 5.75% convertible unsecured subordinated debentures due January 31, 2016 of Angle;

Examples of Angle Debentures in a sentence

  • Assumes the Angle Debentures participate in the Arrangement and are not outstanding following the Effective Time.

  • Percentages based on $60 million aggregate principal amount of Angle Debentures outstanding as of November 7, 2013.

  • In the event the Angle Debentureholders do not approve the Angle Debentureholder Arrangement Resolution, the Angle Debentures will remain outstanding following closing of the Arrangement and Angle will be required to make an offer to the holders of the Angle Debentures to purchase all the outstanding Angle Debentures at a purchase price equal to 100% of the principal amount of the Angle Debentures plus accrued and unpaid interest in accordance with the Angle Debenture Indenture.

  • Pursuant to the Arrangement, holders of Angle Debentures (other than Angle Debentures held by holders who have validly exercised their rights of dissent) will receive, for each $1,000 principal amount of outstanding Angle Debenture, a cash payment equal to $1,040, plus all accrued but unpaid interest payable thereon up to (but excluding) the effective date of the Arrangement.

  • In the circumstances where either the Angle Debentureholder Arrangement Resolution is not approved by Angle Debentureholders at the Angle Debentureholder Meeting or Dissent Rights have been validly exercised in respect of more than 5% of the aggregate principal amount of Angle Debentures outstanding (and such condition is not waived by Bellatrix), the Angle Debentures will be excluded from the Arrangement and will remain outstanding following completion of the Arrangement.

  • In such event, Bellatrix will be required to make an offer to purchase all of the outstanding Angle Debentures at a price equal to 100% of the principal amount of the Angle Debentures plus accrued and unpaid interest in accordance with the terms of the Angle Debenture Indenture.

  • PRO FORMA INFORMATION OF BELLATRIX AFTER GIVING EFFECT TO THE ARRANGEMENT General The Arrangement will result in the acquisition of all of the Angle Shares and Angle Debentures by Bellatrix and the amalgamation of Bellatrix, Angle and ARI to form one corporation.

  • Pursuant to the Arrangement, Angle Debentureholders (other than Angle Debentures held by holders who have validly exercised their rights of dissent) will receive, for each $1,000 principal amount of outstanding Angle Debenture, a cash payment equal to $1,040, plus all accrued but unpaid interest payable thereon up to (but excluding) the effective date of the Arrangement.

  • Upon the filing of the Articles of Arrangement and the issue of the Certificate, this Plan shall be binding and effective on and after the Effective Time on Angle, Bellatrix, AEP, ARI and all legal and beneficial holders of Angle Shares and Angle Debentures.

  • Bellatrix also acquired all of the issued and outstanding Angle Debentures in the aggregate principal amount of $60,000,000 on the basis of $1,040 in cash per $1,000 principal amount of the Angle Debentures, plus accrued and unpaid interest to December 10, 2013.In conjunction with the Arrangement, the Board of Directors of Bellatrix approved the appointment of Keith Turnbull, a former director of Angle, as a director of Bellatrix effective January 1, 2014.

Related to Angle Debentures

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

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

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

  • 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;

  • Series A Debentures means the 8.675% Series A Junior Subordinated Deferrable Interest Debentures due February 1, 2027 of the Debenture Issuer issued pursuant to the Indenture.

  • 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.

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

  • 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.

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

  • 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.

  • Note Shares means the shares of Common Stock issuable upon conversion of the Notes.

  • 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.

  • 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.

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

  • 2028 Notes means those 6.500% Senior Notes due 2028 issued by the Borrower in an aggregate principal amount of $400,000,000 pursuant to the 2028 Notes Documents.

  • 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.

  • Debenture Holders representative” means a person designated as such in an agency deed;

  • Subordinated Note Amount has the meaning set forth in the Recitals.

  • Notes Secured Parties means the Trustee, the Notes Collateral Agent and the Holders of the Notes.

  • 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.

  • Seller Notes means the series of unsecured, subordinated promissory notes in the initial aggregate principal amount of $100 million issued to Globetrotter Co-Investment B LP and to the selling equity holders of Lakeland Holdings, LLC (including the intragroup back-to-back notes issued by certain Debtors to other Debtors related thereto) and the guarantees provided by Lakeland Seller Finance, LLC in respect thereof, in connection with that certain Sale and Merger Agreement dated as of November 8, 2017, by and among WS Holdings Acquisition, Inc., as Purchaser, WS Holdings, Inc. as Blocker Corp., Lakeland Holdings, LLC as the Company, Lakeland Merger Sub II, LLC as Merger Sub, Globetrotter Co-Investment B LP as Blocker Seller and, solely in its capacity as Representative in accordance with the terms of the Sale and Merger Agreement, Metalmark Management II LLC.

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

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

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

  • 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.