Existing Debentures definition

Existing Debentures has the same meaning as given to that term in the Indenture.

Existing Debentures means, collectively, (i) 12% Convertible Debenture in the aggregate principal amount of U.S. $7,322,251.30, and (ii) the 12% Convertible Debenture in the aggregate principal amount of U.S. $5,055,890.41, both (i) and (ii) issued by the Grantors to the Existing Investors on August 29, 2001 (amending, respectively (a) the 12% Convertible Debenture in the aggregate principal amount of U.S. $7,241,307.37, and (b) the 12% Convertible Debenture in the aggregate principal amount of U.S. $5,000,000, both (a) and (b) issued by the Grantors to the Existing Investors on July 26, 2001).

Existing Debentures means the Company's 5 3/4% Convertible Subordinated Debentures Due 2002.

Examples of Existing Debentures in a sentence

• If a holder of Existing Debentures has not provided written notice to the Corporation within thirty (30) Business Days of the receipt of a copy of any such agreement indicating such holder of Existing Debentures is electing to receive such rights or terms from such agreement, such Debentureholder shall be deemed to have elected not to receive such new rights or terms.

• The Notes are unsecured and subordinate to current and future obligations and indebtedness of Cooperative, including the existing senior Note as listed in Appendix A: Existing Debentures of the Note.

• The Amended Debentures shall have a principal amount equal to the principal amount of the Existing Debentures purchased by the Purchaser and shall be in substantially the form as the New Debenture.

• Holder agrees that the Note shall be subordinate in rights of payment and priority to all current and future indebtedness to banks, commercial finance lenders, insurance companies, leasing and equipment financing institutions, and/or other institutions regularly engaged in the business of lending money, including the existing senior Note as listed in Appendix A: Existing Debentures.

• To the extent that any of the Existing Debentures are purchased by the Purchaser prior to the Closing Date, the Existing Debentures purchased by the Purchaser shall be amended (the “Amended Debentures”), effective as of the Closing Date, to make its terms pari passu in all respects with the New Debenture.

More Definitions of Existing Debentures

Existing Debentures means Holdings’ 7.875% Debentures due 2023, 8.375% Sinking Fund Debentures due 2016 and 9.2% Debentures due 2021 and the Parish of Ascension, State of Louisiana Pollution Control Revenue Refunding Bonds (Borden, Inc. Project Series 1992) (and the related guarantees of such Refunding Bonds).

Existing Debentures means Holdings’ 7.875% Debentures due 2023, 8.375% Sinking Fund Debentures due 2016 and 9.2% Debentures due 2021.

Existing Debentures means, collectively, the 7.25% Debentures Due 2014, the 7.25% Debentures Due 2013, the 6.40% Debentures Due 2012, the 6.5% Debentures Due 2010, the 8% Debentures Due 2009 and the 9% Debentures Due 2009;

Existing Debentures means, collectively, the March 1998 Debentures and the May 1999 Debentures, as such debentures may be supplemented, amended or otherwise modified from time to time, including, without limitation, by the Existing Debenture Amendments.

Existing Debentures means the Company’s Senior Secured Original Issue Discount Convertible Debentures issued pursuant to the Existing Debenture Purchase Agreement and the Exchange Agreements.

Existing Debentures means the Company's 7 1/4% Convertible Subordinated Debentures due October 31, 2005.

Existing Debentures means Holdings’ 7.875% Debentures due 2023, 8.375% Sinking Fund Debentures due 2016 and 9.2% Debentures due 2021 and the Parish of Ascension, State of Louisiana Pollution Control Revenue Refunding Bonds (Xxxxxx, Inc. Project Series 1992) (and the related guarantees of such Refunding Bonds).