Debenture Liabilities definition

Debenture Liabilities has the meaning ascribed thereto in Section 5.1;

Debenture Liabilities means the indebtedness, liabilities and obligations of the Corporation under Debentures issued under this Indenture, including on account of principal, interest or otherwise but excluding the issuance of Shares upon any Conversion pursuant to Article 6, upon any redemption pursuant to Article 4, or at maturity pursuant to Article 4;

Debenture Liabilities has the meaning ascribed to that term in Section 8.1.

Examples of Debenture Liabilities in a sentence

• Nothing contained in this Article 5 or elsewhere in this Indenture, or in any of the Debentures, shall prevent the conversion of the Debentures or, except as prohibited by Sections 5.2 or 5.5, the application by the Trustee of any monies deposited with the Trustee hereunder for the purpose, to the payment of or on account of the Debenture Liabilities.

• Upon the maturity of any Senior Indebtedness by lapse of time, acceleration or otherwise, or any other enforcement of any Senior Indebtedness, then, except as provided in Section 5.8, all such Senior Indebtedness shall first be paid in full, or shall first have been duly provided for, before any payment is made on account of the Debenture Liabilities.

• Nothing contained in this Article 5 or elsewhere in this Indenture, or in any of the Debentures, shall prevent the conversion of the Debentures in accordance with their terms or, except as prohibited by Sections 5.2 or 5.4, the application by the Trustee of any monies deposited with the Trustee hereunder for the purpose, to the payment of or on account of the Debenture Liabilities.

• The Corporation shall cause the Security Interest to be registered pursuant to the PPSA in favour of the Trustee on behalf of the Trustee and all holders as a charge against the Secured Assets, pro rata to the Debenture Liabilities owing to each respective holder and the Trustee.

• Nothing contained in this Article 5 or elsewhere in this Indenture, or in any of the Debentures, shall prevent the conversion of the Debentures or, except as prohibited by Sections 5.2 or 5.5, the application by the Indenture Trustee of any monies deposited with the Trustee hereunder for the purpose, to the payment of or on account of the Debenture Liabilities.

More Definitions of Debenture Liabilities

Debenture Liabilities has the meaning ascribed thereto in Section 13.01.

Debenture Liabilities means the indebtedness, liabilities and obligations of the Corporation under Debentures issued under this Indenture, including on account of principal, interest or otherwise but excluding the issuance of Common Shares upon any conversion pursuant to Article 6, upon any redemption pursuant to Article 4, or at maturity pursuant to Article 4;

Debenture Liabilities means the indebtedness, liabilities and obligations of the Company under the Series 2 Debentures, including on account of principal, interest, Make-Whole Amounts or otherwise but excluding (i) the issuance of shares of Common Stock in any circumstance under this Indenture, and (ii) the fees and expenses of the Trustees;

Debenture Liabilities has the meaning ascribed thereto in Section 5.1.

Debenture Liabilities has the meaning ascribed thereto in Section 5.1; (ff) “Debentureholders” or “holders” means the Persons for the time being entered in the register for Debentures as registered holders of Debentures or any transferees of such Persons by endorsement or delivery;

Debenture Liabilities means the indebtedness, liabilities and obligations of the Corporation evidenced by Xxxxxxxxxx issued hereunder of any series;

Debenture Liabilities has the meaning ascribed thereto in section 4.1; “Default” means any event or condition that constitutes an Event of Default or that would constitute an Event of Default with the giving of notice, passage of time, or both; “Definitive Debentures” means Debentures in the form of individual certificates in definitive fully registered form issued pursuant to section 2.2 and substantially in the form of Schedule 2.2; “Depository”, in respect of the Book-Entry Only Debentures, means either CDS, or DTC, and in either case, includes any successor corporation or any other 36990-2073 30186571.16