Exchange Debentures definition

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

Exchange Debentures means the debentures issuable pursuant to the Exchange Indenture.

Exchange Debentures means the Debentures issued in the Exchange Offer pursuant to Section 2.06(f) hereof.

Examples of Exchange Debentures in a sentence

• Cash will be paid in lieu of any such fraction of an Exchange Debenture which would otherwise have been issued (which shall be determined with respect to the aggregate principal amount of Exchange Debentures to be issued to a holder upon any such exchange).

• The Corporation shall pay interest on the Exchange Debentures at the rate and on the dates specified therein from the Exchange Date.

• The Company shall pay interest on the Exchange Debentures at the rate and on the dates specified therein from the Exchange Date.

• In no event shall the Corporation issue Exchange Debentures in denominations other than $1,000 or in an integral multiple thereof.

• The principal amount of Exchange Debentures deliverable upon exchange of a share of Senior Preferred Stock, adjusted as hereinafter provided, shall be determined in accordance with the Exchange Ratio (as defined below).

More Definitions of Exchange Debentures

Exchange Debentures means a new series of junior subordinated debentures issued by the Depositor in a mandatory exchange offer for the Private Debentures, such exchange offer being registered under the Securities Act, all pursuant to the Debenture Exchange and Registration Rights Agreement.

Exchange Debentures means 15% Subordinated Exchange Debentures due 2010 of the Corporation, to be issued pursuant to an indenture between the Corporation and a trustee, containing customary terms and conditions, in accordance with the Term Sheet attached as Annex A hereto.

Exchange Debentures means the Subordinated Exchange Debentures due 2006 of the Corporation, to be issued pursuant to an indenture between the Corporation and a trustee, containing customary terms and conditions, in accordance with the Term Sheet attached as Schedule A hereto.

Exchange Debentures has the meaning assigned thereto in Section 2(a).

Exchange Debentures means the Company s Senior Subordinated Debentures due 2008 issued pursuant to the Exchange Indenture.

Exchange Debentures means the 12 1/4% Subordinated Exchange Debentures of the Company due March 15, 2010 and any Exchange Debentures issued as payment in kind interest thereon.

Exchange Debentures means the 11 1/2% Subordinated Exchange Debentures due 2009 which may be exchanged for the Exchangeable Preferred Stock of Xxxxx USA, at the option of Xxxxx USA.