Existing Debenture Holders definition

Existing Debenture Holders means those Persons in their capacity as lenders under (i) the November 2002 Debenture Agreement, (ii) the December 2002 Debenture Agreement, (iii) the April 2003 Debenture Agreement and (iv) the Second April 2003 Debenture Agreement.
Sample 1
Existing Debenture Holders means the holders of the Existing Debentures.
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Examples of Existing Debenture Holders in a sentence

  • The Security created/to be created in favour of the Debenture Trustee for the benefit of the Debenture Holders in accordance with the terms of the Issue shall rank pari passu inter se the Debenture Holders for each the Series and the relevant Existing Debenture Holders.

  • The relevant Existing Debenture Holders have in terms of their respective debenture documents consented for the pari-passu sharing of the aforesaid security with the Debenture Holders.

  • The Lenders, the Existing Debenture Holders and the Borrowers shall have entered into the Intercreditor Agreement.

  • Phoenix, on behalf of the Lenders, shall have obtained and delivered to the Borrowers the consent of the Existing Debenture Holders, to the issuance of the Debentures and security granted in respect thereof and waiver of certain rights under the Existing Debentures.

  • The debenture trustee for such Existing Debenture Holders has vide its letters dated February 25, 2016 conveyed its no objection for creating the security interest over the aforesaid security in favour of the Debenture Trustee for the benefit of the Debenture Holders.

  • This arrangement is necessary to ensure that Fairfax can be paid, in accordance with its agreement with the Company, without prejudice to the interests of Existing Debenture Holders who may rank in priority to Fairfax.

  • Although the limit between flooded paddy field (with yield reduction) and total loss of fields is not clear, it is a good indicator for drawing flood maps.

  • The Corporation and the Existing Debenture Holders shall have extended the maturity date of the Existing Debentures to April 30, 2007.

  • The debenture trustee(s) for such Existing Debenture Holders has vide its letters dated October 4, 2018 conveyed their no objection for creating the security interest over the aforesaid security in favour of the Debenture Trustee for the benefit of the Debenture Holders.

  • In order to extinguish the Existing Debentures, the Company shall use (a) $3,500,000.00 of the net proceeds from the sale of the Securities hereunder for payment of principal on the Existing Debentures and (b) Common Stock to convert the remaining outstanding principal and interest on the Existing Debentures at a conversion rate of $0.35 per share, pursuant to the Conversion and Termination between the Company and the Existing Debenture Holders dated as of February 26, 2008.

Related to Existing Debenture Holders

  • Debenture Holders representative” means a person designated as such in an agency deed;

  • Bridge Notes means the series of notes, of which this Note is a part, dated on or about the date hereof, each of which are identical, other than the date of the Note, identity of the Holder and principal amount of this Note.

  • Series A Debentures means the 8.675% Series A Junior Subordinated Deferrable Interest Debentures due February 1, 2027 of the Debenture Issuer issued pursuant to the Indenture.

  • Initial Debentures means the Debentures designated as “9.5% Unsecured Convertible Debentures” and described in Section 2.5;

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

  • Subordinated Debentures means the debentures exchangeable by the Company for the Preferred Stock in accordance with the Certificate of Designations therefor.

  • Convertible Notes has the meaning set forth in the Recitals.

  • Existing Notes means, collectively, the Existing Senior Guaranteed Notes and the Existing Senior Notes.

  • Series B Debentures means the $200 million aggregate principal amount of 4.903% Series B senior unsecured debentures of the Trust due July 5, 2023.

  • Existing Convertible Notes means any convertible notes or other convertible debt securities of the Company outstanding on the date of this Agreement.

  • Convertible Debenture means the 6% convertible debenture dated July 1, 2008 and due July 1, 2011, in the amount of CAD$10,000,000 issued by Orezone to the Debentureholder;

  • New Convertible Notes means the Company’s 5.0% Senior Unsecured Convertible Notes due 2023.

  • 2014 Notes means (i) the 4.850% Senior Secured Notes due 2024 issued by the Issuer on March 18, 2014 and (ii) the 4.45% Senior Secured Notes due 2025 and the 5.45% Senior Secured Notes due 2034 issued by the Issuer on August 21, 2014.

  • Existing Senior Secured Notes means the Borrower’s $800,000,000 8.500% Senior Secured Notes due 2019, issued pursuant to the Existing Senior Secured Notes Indenture.

  • Junior Subordinated Debentures means the aggregate principal amount of the Depositor's ____% Junior Subordinated Deferrable Interest Debentures, due ________ __, 2027, issued pursuant to the Indenture.

  • 2013 Notes means the aggregate principal amount of US$345,000,000 of 5.00% Convertible Senior Notes Due 2013 issued pursuant to the 2013 Note Indenture.

  • Existing Senior Subordinated Notes means the Company’s existing 8% Senior Subordinated Notes due 2015.

  • Other Debentures means all junior subordinated debentures issued by the Guarantor from time to time and sold to trusts to be established by the Guarantor (if any), in each case similar to the Issuer.

  • Senior Noteholders means the Note A Holders, individually or collectively, as the context may require.

  • Existing Senior Notes means the Existing 2020 Senior Notes and the Existing 2021 Senior Notes, collectively.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • Series D Notes is defined in Section 1.

  • Subordinated Note Amount has the meaning set forth in the Recitals.

  • Convertible Debentures means the 10½% Convertible Subordinated Debentures due 2007 of the Company.

  • Senior Notes Claim means any Claim on account of the Senior Notes. For the avoidance of doubt, each Senior Notes Claim shall be deemed Allowed as of the Effective Date in an amount equal to (i) the principal amount outstanding under the applicable Senior Notes on the Petition Date, including without limitation any accrued interest and fees paid (or payable) in kind through such date, and (ii) all interest accrued and unpaid as of the Petition Date.

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.