Debentures definition

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

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Debentures means the Floating Rate Junior Subordinated Deferrable Interest Debentures due 2033 to be issued by the Debenture Issuer under the Indenture.

Debentures means the debt securities of the Guarantor designated the Floating Rate Junior Subordinated Deferrable Interest Debentures due 2033 held by the Institutional Trustee (as defined in the Declaration) of the Issuer.

Examples of Debentures in a sentence

• The Incentive Shares shall be issued to the individual Holders based on their pro rata share of the funding of the Debentures.

• Further, the Company shall not make any payment of principal or interest on the Debentures in amounts which are disproportionate to the respective principal amounts outstanding on the Debentures at any applicable time.

• The issuance and sale of the Debentures will not obligate the Company or any Subsidiary to issue shares of Common Stock or other securities (including the Debentures) to any Person (other than the Purchasers) and will not result in a right of any holder of Company securities to adjust the exercise, conversion, exchange or reset price under any of such securities.

• This Debenture is exchangeable for an equal aggregate principal amount of Debentures of different authorized denominations, as requested by the Holder surrendering the same.

• The Debentures are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, and free and clear of all Liens imposed by the Company.

More Definitions of Debentures

Debentures means the series of junior subordinated debt securities of the Guarantor designated the % Junior Subordinated Deferrable Interest Debentures due , 20 held by the Institutional Trustee (as defined in the Declaration) of the Issuer.

Debentures means the series of Debentures to be issued by the Debenture Issuer under the Indenture to be held by the Institutional Trustee, a specimen certificate for such series of Debentures being Exhibit B.

Debentures means the aggregate principal amount of the Depositor's ___% Junior Subordinated Deferrable Interest Debentures, issued pursuant to the Indenture.

Debentures shall have the meaning set forth in the Recitals hereto.

Debentures means the Floating Rate Junior Subordinated Debt Securities due 2034 to be issued by the Debenture Issuer under the Indenture.

Debentures means the series of Debentures to be issued by the Debenture Issuer and acquired by the Trust.

Debentures means, collectively, the Series A Debentures and the Series B Debentures.