Examples of Series G Debentures in a sentence
Prior to making any redemption of the Series G Debentures, LREIT is required to use the net proceeds of such sales for the following purposes: (i) payment of all mortgage indebtedness relating to such properties; (ii) payment of all ordinary course expenses and liabilities relating to such properties; (iii) payment of all expenses relating to the cost of sale of such property; and (iv) repayment of any amounts owing to 2668921 Manitoba Ltd.
In the event that LREIT sells any of its properties, LREIT is required to use the net proceeds of such sales to redeem the Series G Debentures in whole or in part.
At any time prior to the maturity date, the Series G Debentures are redeemable, in whole or in part, at a price equal to the principal amount thereof, plus accrued and unpaid interest, from time to time at LREIT's sole option on not more than 60 days' and not less than 30 days' prior notice.
On January 6, 2021, CT REIT issued the Series G Debentures, having a maturity date of January 6, 2031.
Accordingly, in order for a beneficial holder of Series G Debentures to have its Series G Debentures voted at the Meeting, it must complete and sign the applicable instrument of proxy or other voting instruction form provided by its investment dealer, broker or other nominee and return such instrument of proxy or other voting instruction form in accordance with the instructions provided therein well in advance of the Meeting.
All of the Series G Debentures are registered under the name of CDS & Co. (the registration name for CDS).
The net proceeds from property sales must be applied to prepay the principal amount of the Series G Debentures after the repayment of mortgage loan indebtedness, any amounts owing to 2668921 Manitoba Ltd.
From December 21 to December 22, 2015, the Company continued to receive proceeds from the Series G Debentures in the amount of CAD $1,030,956.
The following schedule reflects securities of the Trust, which trade on the TSX-V and the related trading symbols: Units LRT.UNSeries G Debentures due June 30, 2022 LRT.DB.G Prior to June 1, 2018, the Trust's units and Series G Debentures traded on the Toronto Stock Exchange.
Debt financing costs of $1,950,000 were incurred and recorded against the principal owing .Proceeds from the Series G Debentures were used to repay amounts drawn on the Unsecured Facility in the amount of $240,000,000 and for general working capital purposes .UNSECURED TERM LOAN FINANCINGOn February 10, 2020, Allied repaid $100,000,000 of the principal amount of Tranche 1 of the Unsecured Term Facility due March 16, 2021 .