Examples of Series 2 Debentures in a sentence
APIF also has, as at such date, Series 1 Debentures and Series 2 Debentures with a principal amount of $84,964,000 and $60,000,000 outstanding, respectively, and Algonquin (AirSource) Power LP had as at May 31, 2009 outstanding 1,655,718 units exchangeable (using an exchange ratio of 1 to 0.9808) for an aggregate of 1,623,928 Units.
N.A. SCHEDULE “B” Attributes of the HCo Series 2 Debentures Nature of Instrument Series 2 $60 million Unsecured convertible subordinated debentures Coupon Rate 6.35% p.a. payable semi-annually Face Value $100.00 per $100.00 of face value of existing Series 2 Debentures Conversion Price $6.00 Maturity date November 30, 2016 Interest Payment Date 31st May, 30th November every year on outstanding amount of Debentures.
The Series 2 Debentures are issuable only in denominations of $1,000 and integral multiples thereof.
Upon compliance with the provisions of the Indenture, Series 2 Debentures of any denomination may be exchanged for an equal aggregate principal amount of Series 2 Debentures in any other authorized denomination or denominations.
The Series 1 Debentures and the Series 2 Debentures are convertible into 34,596,821 and 113,744,219 Series BB shares of common stock, respectively, representing 11.53% and 37.91% of the outstanding shares of stock of the Mexican Holding Company, respectively.