Examples of First Preferred Debentures in a sentence
The capital of TBS will be divided between First Preferred Debentures, First Equity Shares and Second Equity Shares.
Such an interpretation can only be obtained if a -nibud’ indefinite is used instead.
The First Preferred Debentures will contain limited covenants only (such as with respect to the payment of interest and acceleration upon an event of insolvency).
Any potential future distributions to shareholders, including any redemption or early repayment of First Preferred Debentures or Second Equity Shares and any dividends declared by the Board on the First Equity Shares.