Purchased Debenture definition

Purchased Debenture means any 2046 Exchangeable Debenture purchased pursuant to Section 2.1 of the Indemnification Agreement.
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Purchased Debenture means any 2046 Exchangeable Debenture purchased pursuant to Section 2.1 of the Indemnification Agreement. “Purchased Debenture Indemnity” has the meaning given to such term in the Indemnification Agreement.
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Purchased Debenture means the 8.00% secured convertible debenture due five years from the date of issuance in the aggregate amount of $6,500,000 represented and evidenced by the Purchased Debenture Certificate.
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Examples of Purchased Debenture in a sentence

  • Not later than 4:00 p.m., New York City time, on the Business Day immediately preceding the proposed Payment Date of any purchase of Retained Debentures pursuant to a Purchase Offer, the Company will pay to Liberty LLC, in cash by wire transfer of immediately available funds to an account designated by Liberty LLC, the Purchased Debenture Indemnity Amount in respect of each Purchased Debenture.

  • The Parties agree to allocate the Purchase Price as follows: (a) $6,499,900 to the Purchased Debenture and (b) $100 to the Purchased Warrant; provided that, for greater certainty, the aggregate principal amount of the Purchased Debenture is $6,500,000.

  • The Underlying Shares have been duly authorized and, when issued upon conversion of the Purchased Debenture, in accordance with the provisions of the Purchased Debenture Certificate, or exercise of the Purchased Warrant, in accordance with the provisions of the Purchased Warrant Certificate, will be validly issued, fully paid and non-assessable and free and clear of any Encumbrances.

  • Subject to the terms and conditions set forth in this Agreement, at the Closing, the Company shall issue, sell and deliver to the Purchaser the Purchased Debenture and the Purchaser shall subscribe for and purchase, acquire, accept and receive from the Company the Purchased Debenture.

  • EXHIBITS Exhibit A Form of Investor Rights Agreement Exhibit B Form of Purchased Debenture Certificate Exhibit C Form of Purchased Warrant Certificate Exhibit D Form of Support Agreement SCHEDULES Schedule A Representations and Warranties of the Purchaser Schedule B Representations and Warranties of the Company Company Disclosure Letter SUBSCRIPTION AGREEMENT This SUBSCRIPTION AGREEMENT, dated as of July 15, 2020 (this “Agreement”), is entered into between Canada House Cannabis Group Inc.

  • The Original Debenture and each Purchased Debenture was (or, upon issuance, will have been) authorized by all necessary company action and validly issued and executed, and the Company’s signatory had (or will have) full corporate or other requisite authority to execute such agreements and to bind the Company.

  • Notwithstanding anything herein to the contrary, any downward adjustment of the Purchased Debenture Conversion Price (and the corresponding Exchange Debenture Conversion Price) may be waived, either prospectively or retroactively and either generally or in a particular instance, by the consent or vote of the Holders of 85% of the principal amount of Purchased Debentures and the Exchange Debentures (voting together as a separate class).

  • All Retained Debentures purchased by Liberty LLC (“ Purchased6Debentures”) will be cancelled and will cease to be outstanding, and the obligations of the Company with respect to the Retained Debenture Indemnity in respect of such Purchased Debentures will terminate.2.2 Purchased Debenture Indemnity.

  • The Exchange Notes shall not constitute a novation or satisfaction and accord of the applicable Purchased Debenture.

  • Each Exchange Notes is being issued in substitution of and exchange for and not in satisfaction of the applicable Purchased Debenture.


More Definitions of Purchased Debenture

Purchased Debenture has the meaning ascribed to such term in the Recitals. “Purchased Warrant” has the meaning ascribed to such term in the Recitals. “Purchased Warrant Certificate” has the meaning ascribed to such term in the Recitals.
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Related to Purchased Debenture

  • 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;

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

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

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

  • UK Debenture has the meaning assigned to that term Section 5.1(b).

  • Purchased Securities has the meaning assigned in the Terms;

  • 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.

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • Convertible Note means an instrument issued by a startup company evidencing receipt of money initially as debt, which is repayable at the option of the holder, or which is convertible into such number of equity shares of such startup company, within a period not exceeding five years from the date of issue of the convertible note, upon occurrence of specified events as per the other terms and conditions agreed to and indicated in the instrument;

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

  • New Notes shall have the meaning assigned to such term in Section 32.

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

  • Bridge Note has the meaning assigned to that term in Section 2.2(a)(1).

  • Purchase Shares has the meaning set forth in Section 2.2(a) hereof.

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

  • Conversion Shares means, collectively, the shares of Common Stock issuable upon conversion of the shares of Preferred Stock in accordance with the terms hereof.

  • Debenture means debenture stock, mortgages, bonds and any other such securities of the Company whether constituting a charge on the assets of the Company or not.

  • Conversion Securities has the meaning set forth in Section 4.08(b).

  • Private Placement Warrants Purchase Agreement shall have the meaning given in the Recitals hereto.

  • 2016 Notes means the aggregate principal amount of US$460,000,000 of 4.25% Convertible Senior Notes Due 2016 issued pursuant to the 2016 Note Indenture.

  • Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.

  • Series D Notes is defined in Section 1.

  • Seller Notes means the series of unsecured, subordinated promissory notes in the initial aggregate principal amount of $100 million issued to Globetrotter Co-Investment B LP and to the selling equity holders of Lakeland Holdings, LLC (including the intragroup back-to-back notes issued by certain Debtors to other Debtors related thereto) and the guarantees provided by Lakeland Seller Finance, LLC in respect thereof, in connection with that certain Sale and Merger Agreement dated as of November 8, 2017, by and among WS Holdings Acquisition, Inc., as Purchaser, WS Holdings, Inc. as Blocker Corp., Lakeland Holdings, LLC as the Company, Lakeland Merger Sub II, LLC as Merger Sub, Globetrotter Co-Investment B LP as Blocker Seller and, solely in its capacity as Representative in accordance with the terms of the Sale and Merger Agreement, Metalmark Management II LLC.

  • Note Shares means the shares of Common Stock issuable upon conversion of the Notes.

  • Seller Note means the promissory note evidencing Xxxxxxxx’s repayment obligations in respect of the Seller Loan.