Tranche B Debenture definition

Tranche B Debenture means the debenture in the form attached hereto as Exhibit A in the original principal amount of US$7,500,000.
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Examples of Tranche B Debenture in a sentence

  • On the date that the Issuer confirms to the Purchaser’s counsel that such funds have been received (which shall occur promptly following receipt of the Tranche B Subscription Amount), the Tranche B Debenture shall be released to the Purchaser (and the date of receipt of such funds shall be deemed the Tranche B Closing Date).

  • From and after the Effective Date, the “Maturity Date” of each of the Tranche A Debenture, Tranche B Debenture, Tranche C Debenture and Tranche D Debenture will be extended to the earlier to occur of (a) an Early Maturity Event, and (b) September 30, 2015.

  • Whereas the repayment dues of Tranche A Debentures aggregating to Rs.1,965.30 lakhs (out of which principal amounting to Rs. 1,464.00 lakhs and Interest amounting to Rs.501.30 lakhs) and Tranche B Debenture aggregating to Rs.4,308.96 lakhs (out of which principal amounting to Rs.2,072.51 lakhs and Interest amounting to Rs.2,236.46 lakhs) as on 31st March, 2020 are still unpaid.

  • Upon receipt of the Tranche B Debenture by counsel to the Purchaser and the execution and/or delivery of such other documents contemplated hereby to be executed and/or delivered on or prior to the Tranche B Closing, the Purchaser shall promptly cause a wire transfer in same day funds to be sent to the account of the Issuer, as instructed in writing by the Issuer, in an amount equal to the Tranche B Subscription Amount.

  • The second type of cause, the structuring cause, is responsible for its being this process, one having M as its product, that occurs now…There is a clear difference between explaining why, on the one hand, Clyde stood up then and explaining, on the other hand, why what he did then was stand up (why he stood up then).

  • From and after the Effective Date, the "Maturity Date" of each of the Tranche A Debenture, Tranche B Debenture, Tranche C Debenture and Tranche D Debenture will be extended from September 30, 2011 to September 30, 2012, on which date all principal and interest accrued to September 30, 2012 will be due and payable in full on each Debenture.

  • Whereas the repayment dues of Tranche A Debentures aggregating to Rs.3,624.83 lakhs (out of which principal amounting to Rs.2,243.25 lakhs and Interest amounting to Rs.1,381.58 lakhs) and Tranche B Debenture aggregating to Rs.10,801.68 lakhs (out of which principal amounting to Rs.5,699.38 lakhs and Interest amounting to Rs.5102.30 lakhs) as on 31st December 2021 are still unpaid.

  • Whereas the repayment dues of Tranche A Debentures aggregating to Rs.3,314.12 lakhs (out of which principal amounting to Rs.2,046.00 lakhs and Interest amounting to Rs.1,268.12 lakhs) and Tranche B Debenture aggregating to Rs.9,907.44 lakhs (out of which principal amounting to Rs.5,181.25 lakhs and Interest amounting to Rs.4,726.19 lakhs) as on 30th September 2021 are still unpaid.

  • Whereas the repayment dues of Tranche A Debentures aggregating to Rs.3,314.12 lakhs (out of which principal amounting to Rs.2,046.00 lakhs and Interest amounting to Rs. 1,268.12 lakhs) and Tranche B Debenture aggregating to Rs.9,907.44 lakhs (out of which principal amounting to Rs. 5,181.25 lakhs and Interest amounting to Rs. 4,726.19 lakhs) as on September 30, 2021 are still unpaid.

Related to Tranche B Debenture

  • 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.

  • Tranche B Notes means the promissory notes, if any, of the Borrower in favor of each Tranche B Lender provided pursuant to Section 2.4(f) or Section 2.5(f) and evidencing the Tranche B Loans of such Tranche B Lender, individually or collectively, as appropriate, as such promissory notes may be amended, modified, restated, supplemented, extended, renewed or replaced from time to time.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Tranche A Notes is defined in Section 1.1.

  • Tranche B Note means a promissory note of the Borrower payable to any Tranche B Lender and its registered assigns, delivered pursuant to a request made under Section 2.16 in substantially the form of Exhibit A-3 hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Tranche B Loans made by such Lender to the Borrower.

  • Tranche A Note shall have the meaning given to it in Section 2.2 of the Credit Agreement.

  • 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.

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

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • 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;

  • 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.

  • Tranche B Maturity Date means May 8, 2009, or, if such day is not a Business Day, the next preceding Business Day.

  • Revolving Notes means the promissory notes of the Borrower in favor of each of the Lenders evidencing the Revolving Loans provided pursuant to Section 2.1(e), individually or collectively, as appropriate, as such promissory notes may be amended, modified, supplemented, extended, renewed or replaced from time to time.

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

  • Tranche B Term Note shall have the meaning provided in Section 1.05(a).

  • 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.

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

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

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • New Convertible Notes means the Company’s 5.0% Senior Unsecured Convertible Notes due 2023.

  • Exchange Debentures has the meaning set forth in Section 2(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;

  • Tranche B Lender means a Lender with a Tranche B Commitment or an outstanding Tranche B Term Loan.

  • 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.

  • Revolving Note means a promissory note of the Borrower payable to a Lender in substantially the form of Exhibit 11.1(d) hereto, evidencing Indebtedness of the Borrower under the Revolving Loan Commitment of such Lender.