Physical Debentures definition

Physical Debentures has the meaning specified in Section 2.2 hereof.

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Physical Debentures means Debentures in the form of individual certificates in definitive fully registered form issued pursuant to Section 2.02 and substantially in the form of Schedule A.

Physical Debentures means Debentures issued in definitive, fully registered form without interest coupons, substantially in the form of Exhibit A hereto.

Examples of Physical Debentures in a sentence

• Beneficial owners of interests in a Global Debenture may receive Physical Debentures in accordance with the procedures of DTC.

• In connection with the execution, authentication and delivery of such Physical Debentures, the Registrar shall reflect on its books and records a decrease in the principal amount of the relevant Global Debenture, in registered form, equal to the principal amount of such Physical Debentures and the Company shall execute and the Trustee shall authenticate and deliver one or more Physical Debentures having an equal aggregate principal amount.

• Principal and premium, if any, and interest on Maturity, on Physical Debentures shall be payable at the office or agency of the Company maintained for such purpose, initially the Corporate Trust Office of the Trustee.

• Such Physical Debentures shall be registered in such names as the Depositary (or any nominee thereof) shall identify in writing as the beneficial owners of the Debentures represented by such Global Debenture or Global Debentures.

• Temporary Debentures shall be issuable in any authorized denomination, and substantially in the form of the Physical Debentures but with such omissions, insertions and variations as may be appropriate for temporary Debentures, all as may be determined by the Company.

• If the Issuer shall execute Physical Debentures in accordance with Section 2.5, the Guarantor shall execute the Guarantees in substantially the form above recited to be endorsed on each such Debenture.

• Every such temporary Debenture shall be executed by the Company and authenticated by the Trustee or such authenticating agent upon the same conditions and in substantially the same manner, and with the same effect, as the Physical Debentures.

• Interest on Physical Debentures (other than at Maturity) will be payable by (i) U.S. Dollar check drawn on a bank in The City of New York mailed to the address of the Person entitled thereto as such address shall appear in the Register, or (ii) upon application to the Registrar not later than the relevant Record Date by a Holder of an aggregate principal amount in excess of $5,000,000, wire transfer of immediately available funds.

• Restricted Uncertificated Debentures and Restricted Physical Debentures shall be converted into Subordinate Voting Shares and marked to bear the U.S. Legend, and Unrestricted Uncertificated Debentures shall be converted into Subordinate Voting Shares issued under unrestricted share CUSIP #▇▇▇▇▇▇▇▇▇.

• Until so exchanged, the temporary Debentures shall in all respects be entitled to the same benefits and subject to the same limitations under this Indenture as Physical Debentures authenticated and delivered hereunder.

More Definitions of Physical Debentures

Physical Debentures means permanent certificated Debentures in registered form issued in minimum denominations of $1,000 principal amount and integral multiples of $1,000 thereafter.

Physical Debentures has the meaning provided in Section 202.

Physical Debentures has the meaning provided in Section 311(a). For purposes of clarity, it is hereby confirmed that the Physical Debentures constitute “definitive Securities” as such term is used elsewhere in this Indenture.

Physical Debentures means the Debentures issued in the form of permanent certificated Debentures in registered form.

Physical Debentures has the meaning set forth in Section 201.

Physical Debentures means Series A Debentures or Series B Debentures issued in definitive, fully registered form without interest coupons, substantially in the forms of Exhibit A and B hereto.