Examples of Series A Debentures in a sentence
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.
A Distribution is payable only to the extent that payments are made in respect of the Series A Debentures held by the Property Trustee and to the extent the Property Trustee has funds legally available therefor.
The Holders of the Series A Capital Securities, the Series A Debentures and the Series A Capital Securities Guarantee are entitled to the benefits of the Registration Rights Agreement and the Liquidated Damages Agreement.
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.
Subject to the terms of Article Three of the Indenture, the Company shall have the right to redeem the Series A Debentures, in whole or in part, from time to time, at the time and redemption price set forth in the form of Debenture contained in Exhibit A hereto.