Debenture Indebtedness definition

Debenture Indebtedness means all present and future Obligations of the Issuer and the Guarantors under or in respect of the Debenture Documents.
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Debenture Indebtedness has the meaning ascribed thereto in Section 5.3(a)(i);
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Debenture Indebtedness means the Principal Amount, interest thereon, and any and all other amounts payable by the Corporation to the Holderhereunder;
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Examples of Debenture Indebtedness in a sentence

  • Each Holder of Debentures by its acceptance thereof authorizes and directs the Debenture Trustees on its behalf to take such action as may be necessary or appropriate to acknowledge and effectuate the subordination of the Debenture Indebtedness as provided for in this Article 7 and appoints the Debenture Trustees as attorneys-in-fact for any and all such purposes.

  • Nothing in this Article 7 shall limit the right of the Debenture Trustees or the Holders to take any action to accelerate the maturity of the Debenture Indebtedness or to pursue any rights or remedies pursuant to the terms hereof or under applicable law, subject to the rights under this Article 7 of the holders of Senior Indebtedness to receive the cash, property or securities collected upon the exercise of such rights or remedies in priority to the payment of any Debenture Indebtedness.

  • The Issuer and the Guarantors agree, and each Holder by accepting a Debenture agrees, that the Debenture Indebtedness is subordinate in right of payment, to the extent and in the manner provided in this Article 7, to the prior payment in full of the Senior Indebtedness.

  • If payment of the Debenture Indebtedness is accelerated or demanded, the Issuer shall promptly notify the holders of Senior Indebtedness of such acceleration or demand.

  • The Issuer shall promptly notify the Debenture Trustees of any facts known to the Issuer that would cause any payment or distribution of any amounts with respect to the Debenture Indebtedness to violate this Article 7, but failure to give such notice shall not affect the subordination of the Debenture Indebtedness to the Senior Indebtedness as provided in this Article 7.

  • The Debenture Indebtedness is subordinate in right of payment, to the extent and in the manner provided in Article 7 of the Indenture, to the prior payment in full of the Senior Indebtedness.

  • Subject to section 8.1, the Debenture Indebtedness will be due and payable in full on the Maturity Date.

  • To further secure the payment of the Debenture Indebtedness and the performance and the observance of the Grantor's obligations hereunder, the Grantor hereby further hypothecates the Charged Property to and in favour of the Trustee, for the benefit of and as Fondé de Pouvoir of the Debentureholders for and in a further amount equal to twenty percent (20%) of the Hypothec Amount.

  • The security hereby granted secures and will continue to secure the Debenture Indebtedness on a continuing and fluctuating basis and is and will be valid notwithstanding that the whole or any portion of the prestations in consideration of which the Grantor has undertaken its obligations towards the Trustee have not yet been received and notwithstanding that the whole or any portion of the Debenture Indebtedness may not yet exist.

  • Hudson County Prosecutor’s OfficeSecaucus, NJ Netta Architects was selected by the Hudson County Engineer’s Office to provide Professional Design services for alterations to four (4) existing masonry façade buildings with slate roofs at the Meadowview Campus, located at 575 County Avenue in Secaucus, NJ for the Hudson County Prosecutor’s Office.


More Definitions of Debenture Indebtedness

Debenture Indebtedness means the payment of the Debentures in principal and interest (including interest on all amounts in default) and premiums, if any, on the Debentures, payment of the PIK Debentures (and/or payments in connection therewith), as well as payment of all the sums, if any, from time to time owing under the Trust Indenture or this Deed to the Debentureholders or the Trustee;
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Debenture Indebtedness means all present and future debts, liabilities and obligations of the Corporation or a Corporation Subsidiary, as applicable to the Debentureholders under and in connection with this Indenture, any Supplemental Indenture, the Debenture Certificates and the Guarantees, including all principal money owing on the Debentures, the Premium, if any, interest (including interest on overdue principal, the Premium, if any, and interest) and all fees paid and other money from time to time owing pursuant to the terms of this Indenture, the Debenture Certificates and the Guarantees.
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Debenture Indebtedness means Indebtedness of Parent (which is guaranteed by certain other Borrowers) evidenced by the debentures issued pursuant to the Debenture Purchase Agreements, as described in Item 9 of the Addendum.
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Debenture Indebtedness means, from time to time, all indebtedness, liabilities and obligations, present or future, direct or indirect, of the Company to the Debenture holders or the Trustee on behalf of the Debenture holders, as the case may be, under the Debentures, including principal, interest, fees, expenses and other amounts owing under the Debentures;
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Debenture Indebtedness means all present and future debts, liabilities and obligations of the Company to the holders of Debentures under and in connection with the Debenture Indenture and the Debentures, including all principal money owing on the Debentures, the premium, if any, interest (including interest on overdue principal, premium, if any and interest) and all fees paid and other money from time to time owing pursuant to the terms of the Debenture Indenture;
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Related to Debenture Indebtedness

  • Convertible Indebtedness means Indebtedness of the Parent that is convertible into common Equity Interests of the Parent (and cash in lieu of fractional shares) and/or cash (in an amount determined by reference to the price of such common Equity Interests).

  • Subordinate Indebtedness means all present and future indebtedness, obligations, and liabilities of Borrower to Subordinate Lender under or in connection with the Subordinate Loan or the Subordinate Loan Documents.

  • Indebtedness means, as to any Person at a particular time, without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP:

  • Subordinated Indebtedness means any Indebtedness of the Borrower or any Subsidiary the payment of which is subordinated to payment of the obligations under the Loan Documents.

  • Senior Secured Indebtedness means, with respect to any Person as of any date of determination, any Specified Indebtedness; provided that such Indebtedness is in each case secured by a Lien on the assets of the Issuer or its Restricted Subsidiaries on a basis pari passu with or senior to the security in favor of the Notes.

  • Permitted Secured Indebtedness any Secured Indebtedness that:

  • Intercompany Indebtedness means Indebtedness of Company or any of its Subsidiaries which is owing to Company or any of its Subsidiaries.

  • Company Indebtedness means all indebtedness of the Company (including without limitation, any loans, advances, letters of credit, bank overdrafts, capital lease obligations and all other indebtedness of any kind including interest, principal and fees).

  • Senior Unsecured Indebtedness means Indebtedness that is not subordinated to any other Indebtedness and is not secured or supported by a guarantee, letter of credit or other form of credit enhancement.

  • Applicable Indebtedness has the meaning specified in the definition of “Weighted Average Life to Maturity.”

  • Secured Indebtedness means any Indebtedness of the Issuer or any of its Restricted Subsidiaries secured by a Lien.

  • Final Indebtedness has the meaning set forth in Section 3.2(b).

  • Permitted Convertible Indebtedness means senior, unsecured Indebtedness of the Borrower or any Restricted Subsidiary that is convertible into shares of common stock of the Borrower (or other securities or property following a merger event, reclassification or other change of the common stock of the Borrower), cash or a combination thereof (such amount of cash determined by reference to the price of the Borrower’s common stock or such other securities or property), and cash in lieu of fractional shares of common stock of the Borrower.

  • Total Secured Indebtedness means (a) all Secured Indebtedness of the Consolidated Group determined on a consolidated basis plus (b) the Consolidated Group Pro Rata Share of Secured Indebtedness attributable to interests in Unconsolidated Affiliates.

  • Subordinated Indebtedness Documents means any document, agreement or instrument evidencing any Subordinated Indebtedness or entered into in connection with any Subordinated Indebtedness.

  • Designated Indebtedness means any Indebtedness that has been designated by the Borrower at the time of the incurrence thereof as “Designated Indebtedness” for purposes of this Agreement in accordance with the requirements of Section 6.01.

  • Related Indebtedness means any and all indebtedness paid or payable by Borrower to Administrative Agent or any Lender pursuant to any Loan Document other than any Note.

  • Senior Subordinated Indebtedness means the Securities and any other Indebtedness of the Company that specifically provides that such Indebtedness is to rank pari passu with the Securities in right of payment and is not subordinated by its terms in right of payment to any Indebtedness or other obligation of the Company which is not Senior Indebtedness.

  • Refinanced Indebtedness shall have the meaning provided in the definition of the term “Permitted Refinancing Indebtedness”.

  • Unsecured Indebtedness means Indebtedness which is not Secured Indebtedness.

  • Acquisition Indebtedness Indebtedness of (A) the Borrower or any Restricted Subsidiary Incurred to finance or refinance, or otherwise Incurred in connection with, any acquisition of any assets (including Capital Stock), business or Person, or any merger or consolidation of any Person with or into the Borrower or any Restricted Subsidiary, or (B) any Person that is acquired by or merged or consolidated with or into the Borrower or any Restricted Subsidiary (including Indebtedness thereof Incurred in connection with any such acquisition, merger or consolidation).

  • Project Finance Indebtedness means any present or future indebtedness incurred to finance the ownership, acquisition, development and/or operation of an asset, whether or not an asset of a member of the Group:

  • Second Lien Indebtedness means the Indebtedness of the Loan Parties owing to the Second Lien Agent and the Second Lien Lenders under the Second Lien Credit Agreement, which Indebtedness is on terms and conditions reasonably acceptable to the Collateral Agent.

  • Junior Subordinated Indebtedness means the principal of (and premium, if any) and unpaid interest on (a) indebtedness of the Company (including indebtedness of others guaranteed by the Company), whether outstanding on the date hereof or thereafter created, incurred, assumed or guaranteed, for money borrowed, which in the instrument creating or evidencing the same or pursuant to which the same is outstanding it is provided that such indebtedness ranks junior in right of payment to the Company’s Senior Indebtedness and Senior Subordinated Indebtedness and equally and pari passu in right of payment to any other Junior Subordinated Indebtedness, (b) Junior Subordinated Securities, and (c) renewals, extensions, modifications and refinancings of any such indebtedness.

  • Refinance Indebtedness has the meaning assigned to such term in Section 6.01(f).

  • Purchase Money Indebtedness means Indebtedness (other than the Obligations, but including Capitalized Lease Obligations), incurred at the time of, or within 20 days after, the acquisition of any fixed assets for the purpose of financing all or any part of the acquisition cost thereof.