September Debentures definition

September Debentures means, collectively, the 10% Senior Secured Promissory Notes due September 23, 2013, issued by the Company pursuant to that certain Securities Purchase Agreement, dated September 23, 2011, by and among the Company and the other parties thereto in the aggregate principal amount equal to $5,610,000, and shall include all notes issued in exchange therefor or replacement thereof.
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September Debentures means, collectively, the 10% Senior Secured Original Issue Discount Convertible Debentures Due September 23, 2013, as amended, issued by the Company in an original aggregate principal amount of approximately $5,720,000. “Senior Debentures” means, collectively, the 10% Senior Secured Original Issue Discount Convertible Debentures Due March 31, 2015 issued or to be issued by the Company pursuant to the terms of at certain Letter Agreement with an original aggregate principal amount not to exceed $1,540,000.
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Examples of September Debentures in a sentence

  • The indebtedness represented by the New Note and the payment of the principle and interest on the New Note shall conform with the terms of the September Debentures (as such term is defined in the New Note), as amended, held by Setal 7, LLC with regards to term, the payment of interest and priority.

  • This Senior Preferred Stock shall provide the holders of the September Debentures with economic benefits similar to the September Debentures, including a dividend accruing at 10% and a liquidation preference senior to the Preferred Stock and Common Stock.

  • Should WCM convert its Senior Debentures to Senior Preferred Stock, Setal 7 shall immediately thereafter convert all outstanding principal and accrued interested of its September Debentures and the Company and Setal 7 shall use their best efforts to cause the other holders of September Debentures to convert all outstanding principal and accrued interested of their September Debentures into newly issued shares of the Company’s senior preferred stock (the “Senior Preferred Stock”).

  • LONG-TERM DEBT The following table shows the company’s outstanding debt at the end of 2005 and 2004: 30 September Debentures: Notes: Other: Less: Payable in Other Currencies: Capital Lease Obligations: $ 2,190.3 $ 2,052.9 Various debt agreements to which the company is a party include certain financial covenants and other restrictions, including restrictions pertaining to the ability to create property liens and enter into certain sale and leaseback transactions.

  • Without limiting the foregoing, each party agrees that service of process on such party as provided in Section 10.1 shall be deemed effective service of process on such party when deemed given pursuant to Section 10.1; provided that nothing herein shall affect the right of any party to serve process in any other manner permitted by applicable law.

  • Section 2.1 Conversion of Debentures Each Purchaser hereby agrees, severally and not jointly with the other Purchasers, to convert a portion of the original principal amount of such Purchaser’s September Debenture, in the individual amounts set forth on Schedule 2.1 attached hereto, over a six month period, commencing on the date hereof and ending on August 31, 2007 (the “Conversion Period”), otherwise in accordance with the terms of the September Debentures.

  • To effect the Exchanges hereunder, each Holder shall surrender physical possession of all September Debentures, the Setal 8 Notes, the Setal 9 Note and any notes issued under the Arizona Loan, the Riverside Loan or the Setal 11 Loan held by any such Holder to the Company on the Closing Date.

  • Each Purchaser hereby agrees, severally and not jointly with the other Purchasers, to convert a portion of the original principal amount of such Purchaser’s September Debenture, in the individual amounts set forth on Schedule 2.1 attached hereto, over a six month period, commencing on the date hereof and ending on August 31, 2007 (the “Conversion Period”), otherwise in accordance with the terms of the September Debentures.

  • The indebtedness represented by the New Note and the payment of the principal and interest on the New Note shall conform with the terms of the September Debentures (as such term is defined in the New Note), as amended, held by Setal 7, LLC with regards to term, the payment of interest and priority.

  • The "June Subscription Agreement" and the "September Subscription Agreement," respectively, under which the Warrants, the September Warrants, the June Debentures and the September Debentures were granted demand and piggyback registration rights.


More Definitions of September Debentures

September Debentures means the debentures issued pursuant to the September Debenture Transaction.
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Related to September Debentures

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

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

  • 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.

  • 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.

  • 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.

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

  • 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.

  • 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;

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

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

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

  • 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.

  • 2012 Notes means the 5.125% Senior Secured Notes due 2022 issued by the Issuer on July 2, 2012.

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

  • 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.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • 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.

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

  • 2028 Notes means those 6.500% Senior Notes due 2028 issued by the Borrower in an aggregate principal amount of $400,000,000 pursuant to the 2028 Notes Documents.

  • 2024 Notes means the 7.000% Senior Notes due 2024, issued pursuant to the 2024 Indenture.

  • 2017 Notes means the aggregate principal amount of US$600,000,000 of 6.25% Guaranteed Senior Notes Due 2017 issued pursuant to the 2017 Note Indenture.

  • 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.

  • 2020 Notes means the 6.875% Senior Notes due 2020, issued by Pride International LLC, a Delaware limited liability company.

  • 2022 Notes means the Borrower’s 5.00% Convertible Senior Notes due 2022.

  • Convertible Subordinated Notes means the Company's 7% Convertible Subordinated Notes issued pursuant to an indenture dated as of June 12, 1996, between the Company and The Chase Manhattan Bank (formerly known as Chemical Bank), as trustee.