Series A Debentures definition
Examples of Series A Debentures in a sentence
In the event the Buyers decide not to purchase the Series B or C or D Debentures, neither the Company nor the Buyers shall have any further liability one to the other except with respect to the Series A Debentures.
If the Company shall elect to pay all of the interest accrued on the Series A Debentures on an Interest Payment Date during an Extension Period, that Extension Period shall automatically terminate on that Interest Payment Date.
Indeed, while it is true that some antisocial behaviour can be identified at skateparks (especially during night-time), the benefits seem to far outweigh these.
On the maturity date, the principal amount of the Series A Debentures may be repaid in cash or shares at Stornoway's election and the Series B Debentures must be repaid in cash or shares at the Company's election.
In certain limited circumstances set forth in the Registration Rights Agreement and the Liquidated Damages Agreement, the Debenture Issuer shall be required to pay liquidated damages with respect to the Series A Debentures.