Debenture definition

Debenture means debenture stock, mortgages, bonds and any other such securities of the Company whether constituting a charge on the assets of the Company or not.

Debenture or “Debentures” has the meaning stated in the first recital of this Indenture.

Debenture and “Debenture Holder” means and includes respectively “debenture stock” and “debenture stockholder”;

Examples of Debenture in a sentence

• Any payment made by the Issuer to the Debenture Trustee on behalf of the Debenture Holder(s) shall discharge the Issuer pro tanto to the Debenture Holder(s).

• The Municipality shall not be bound to see to the execution of any trust affecting the ownership of any Debenture or be affected by notice of any equity that may be subsisting in respect thereof.

• This Debenture is a Global Debenture registered in the name of the nominee of CDS and held by CDS.

• Where a Debenture is registered in more than one name, the principal of and interest from time to time payable on such Debenture shall be paid to or to the order of all the joint registered holders thereof, failing written instructions to the contrary from all such joint registered holders, and such payment shall constitute a valid discharge to the Issuer.

• Upon the exchange of certificated Debentures in definitive form for this Global Debenture, the Issuer shall receive and cancel this Global Debenture, shall reduce the holdings of CDS & CO.

More Definitions of Debenture

Debenture or "Debentures" means any Debenture or Debentures, as the case may be, authenticated and delivered under this Indenture.

Debenture or “Debentures” means this Convertible Debenture of the Company or such other convertible debenture(s) exchanged therefor as provided in Section 2.1.

Debenture or "Debentures" shall mean any Debenture or Debentures, as the case may be, authenticated and delivered under this Indenture.

Debenture means debt securities issued by ACE INA or the Parent to a Special Purpose Trust in exchange for proceeds of Preferred Securities and common securities of such Special Purpose Trust.

Debenture or "Debentures" mean the convertible debenture issued by the Company to the Holder.

Debenture means any one of such Debentures.

Debenture and all reference thereto, as used throughout this instrument, shall mean this instrument as originally executed, or if later amended or supplemented, then as so amended or supplemented, and any successor instrument as it may be amended or supplemented.