Debenture Stock definition

Debenture Stock means a debenture by which a company or trustees of a debenture trust deed acknowledge that the holder of the stock is entitled to participate in the debt owing by the company to the trustees under the debenture trust deed, and includes loan stock;

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Debenture Stock means a debenture by which a company or a debenture holders' representative acknowledges that the holder of the stock is entitled to participate in the debt owing by the company under the agency deed; and includes loan stock;

Debenture Stock means all Debenture Stock or other secured indebtedness by whatever name called, constituted and issued by the Company pursuant to the Trust Deed from time to time offered pursuant to this PDS.

Examples of Debenture Stock in a sentence

• If the outstanding shares of Debenture Stock of the Company shall be combined into a smaller number of shares, the Conversion Price in effect immediately prior to such combination shall be proportionately increased.

• If at any time or from time to time after the date of the Debentures (the "Issue Date") the Company shall subdivide its outstanding shares of Debenture Stock, the Conversion Price in effect immediately prior to such issuance or subdivision shall be proportionately reduced.

• If at any time or time after the Debenture date Victory shall subdivide its outstanding shares of Debenture Stock, the conversion price in effect immediately prior to such issuance shall be proportionately reduced.

• Evidence, satisfactory to the Agent, that each Bank has subscribed for and the Borrower has issued each Bank with Stock (as defined in the Debenture Stock Trust Deed).

• Conversion Cap: [ ] ( ) Ordinary Shares for each unit of Debenture Stock converted or [ ] ( ) Ordinary Shares in aggregate.

• This Agreement and each of the Transaction Documents as defined in this Agreement are "Transaction Documents" for the purposes of the Debenture Stock Trust Deed.

• This Security is one of a duly authorized issue of [•]% [Notes] [Bonds] [Debenture Stock] Due [•] (the “Securities”) of the Corporation limited to the aggregate principal amount of U.S.$ .

• If at any time or from time to time after the date of the Debenture (the "Issue Date") the Company shall subdivide its outstanding shares of Debenture Stock, the Conversion Price in effect immediately prior to such issuance or subdivision shall be proportionately reduced.

• The New Bank acknowledges that it will not be a beneficiary of the Trust unless Stock has been issued to it pursuant to the Debenture Stock Trust Deed.

• The outstanding Bonds held by the Public were acquired by the latter company by purchase drawings or the issue of an equal amount of its Four Per Cent Consolidated Debenture Stock.

More Definitions of Debenture Stock

Debenture Stock means the [ ] debenture stock to be issued by the Concessionaire pursuant to the subscription agreement made between the Concessionaire and the parties named therein as the subscribers and bearing even date herewith.

Debenture Stock means all Stock which is not Security Stock;

Debenture Stock means secured first ranking debenture stock of up to $40,000,000 offered to the public pursuant to this Prospectus. “Debenture Stock Certificate” means the certificate provided to an investor by Broadlands recording the terms of the investor’s investment. “Director” means a director of Broadlands.

Debenture Stock means the 4 per cent. perpetual debenture stock and the 5 per cent. perpetual debenture stock of the Licensed Undertaking together with premiums on such perpetual debenture stock.

Debenture Stock means the debenture stock to be issued by the Corporation pursuant to the provisions of this Act and to be secured by the mortgage and trust deed hereinafter mentioned in this Act; and