Debenture Financing definition

Debenture Financing means the concurrent brokered and non-brokered private placements of approximately 86,000 GGB Debentures at a price of C$1,000 per GGB Debenture, for gross proceeds of approximately C$86 million;

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Debenture Financing means the private placement offering of Cannus Convertible Debentures and Cannus Warrants prior to the Business Combination.

Debenture Financing means the non-brokered private placement offering of up to $1.5 million aggregate principal amount of subordinated unsecured convertible debentures of TCNC which are accompanied by a Warrant, mature 24-months from closing of such offering, and bear interest at a rate of 10% per annum payable at maturity or upon conversion into Class A Shares of TCNC which is expected to close on or about December 15, 2019;

Examples of Debenture Financing in a sentence

Other than in connection with the Debenture Financing, neither Cannus nor to the knowledge of Cannus any of its Associates, Affiliates or Advisers have retained any broker or finder in connection with the Business Combination or the other transactions contemplated hereby, nor have any of the foregoing incurred any Liability to any broker or finder by reason of any such transaction.
The Purchasers shall deliver to the Company via wire transfer or a certified check in immediately available funds the aggregate amount of up to $1,750,000 , and the Company shall deliver to each Purchaser their respective Debenture, Financing Shares and Financing Warrants as determined pursuant to Section 2.2(a) and the other items set forth in Section 2.2 deliverable at the Closing.
Notwithstanding the foregoing, the provisions of this Section 6.1 shall not prevent the Company from issuing additional debentures to investors in connection with the Playgon Debenture Financing.
The Amended Debentures shall be deemed to be issued under and shall be governed in all respects by the terms of this Agreement and the other New Debenture Financing Documents.
Agent shall have received such other documents, instruments and agreements as it may reasonably request in connection with the Debenture Financing.
The parties also agree that any registration statement filed and declared effective in connection with the Second Debenture Financing may include securities issued or issuable under the terms of the First Debenture Financing.
The Company raised gross proceeds of $61,200,000 in connection with the Debenture Financing.
The Purchaser may assign its rights under this Agreement to any Person to whom the Purchaser assigns or transfers the Debentures, provided such transferee agrees in writing to be bound by the provisions of the New Debenture Financing Documents that apply to the “Purchaser”.
For the avoidance of doubt, the securing of any Debenture Financing pursuant to Section 12.1 and the Parties’ respective compliance with Section 12.1 shall not be a condition to Closing.
Borrowers have requested that Agent and Lenders consent to Eltrax's entry into the Debenture Financing.

More Definitions of Debenture Financing

Debenture Financing has the meaning specified in Section 12.1(a).

Debenture Financing means the non-brokered private placement offering of up to $1.5 million aggregate principal amount of subordinated unsecured convertible debentures of the Purchaser which are accompanied by a Warrant, mature 24- months from closing of such offering, and bear interest at a rate of 10% per annum payable at maturity or upon conversion into Class A Shares of the Purchaser which is expected to close on or about October 15, 2019;

Debenture Financing means, together, the 10% secured convertible debenture financing completed by DigiCrypts (i) on September 28, 2018 for total proceeds of $484,500, and (ii) on February 8, 2019 for total proceeds of $550,000;

Debenture Financing means the Ikänik financing by way of private placement offering of Ikänik Convertible Debentures and Ikänik Warrants prior to the Business Combination.

Debenture Financing means the financing contemplated by Auxico by the issuance of unsecured convertible debenture being convertible into 5,000,000 Auxico Shares for gross proceeds of US$2,000,000.