Examples of Original Debenture in a sentence
As at September 30, 2017, the outstanding balance for the Original Debenture was $3,318,794, the outstanding balance for the Additional Debentures was$675,000, the outstanding balance for upfront fees was $13,500, and there was $78,855 in unpaid accrued interest.
Without prejudice to paragraphs (1) and (2) above, for so long as the Original Debenture Holder remains a Debenture Holder, a copy of any notice given or made to the Trustee pursuant to the foregoing provisions shall also be sent by registered post, courier and facsimile to the address set out in the Fee Letter or to such other addresses as the Original Debenture Holder may notify to the Trustee from time to time.
The Original Debenture was payable at the earlier of a demand for payment by Augusta and December 31, 2017 and bore interest at 12% per annum.
In the Security Agreement, APM agreed to guarantee the individual defendants’ obligations under the Promissory Note.
Subsequent to September 30, 2017, on October 20, 2017, the outstanding balance for the Original Debenture was $3,318,794, the outstanding balance for the Additional Debentures was$800,000, the outstanding balance for upfront fees was $16,000, and there was $106,230 in unpaid accrued interest and on October 20, 2017 all amounts due to Augusta were repaid in full.