debenture

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debenture

(dəbĕn`chər), document acknowledging indebtedness. In Great Britain a debenture is practically the same as a bondbond,
in finance, usually a formal certificate of indebtedness issued in writing by governments or business corporations in return for loans. It bears interest and promises to pay a certain sum of money to the holder after a definite period, usually 10 to 20 years.
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, and debenture stock is similar to preferred stock. In the United States the term is usually employed for a corporation certificate without special security, such as a mortgage, to back it up. Debentures are generally issued by service corporations that have few mortgageable assets, or by blue-chip companies that are stable enough to invite unsecured loans. In a typical debenture, the corporation promises to repay the principal either periodically or on a specified date, and with regular interest. The term is also used for a document by which a government is bound to pay a creditor money due after some condition has been fulfilled.

debenture

Commerce a customs certificate providing for a refund of excise or import duty
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69-142, the Service determined that the parties had undertaken a valid B reorganization, but that the exchange of the debentures was a separate, taxable exchange.
1,000 principal amount of convertible debentures includes 2,000 common share purchase warrants, where each such warrant entitles the holder thereof to purchase one common share at an exercise price of U.
Presumably, Parent transferred the right to obtain its stock before the debenture sale.
The purpose of the tender offer is to satisfy the Company's obligation under an indenture to offer to repurchase the Debentures after a change in control.
To the extent that holders of the called 5% Convertible Debentures do not convert their 5% Convertible Debentures into common stock of Meridian Bioscience, such 5% Convertible Debentures will be redeemed on March 1, 2007, at a redemption price of $1,010 per $1,000 face amount, plus accrued and unpaid interest to March 1, 2007.
The debentures are redeemable to the extent NSHFV redeems the dual currency notes.
As of November 16, 2006, the current trading price per Debenture exceeds the principal amount due upon maturity or acceleration of each Debenture, and all required interest and principal payments on the Debentures have been timely made.
Unfortunately, the demands by some of the holders of the Debentures have far exceeded anything that we would consider reasonable under the circumstances.
A registration statement relating to the new debentures to be issued in the exchange offer has been filed with the Securities and Exchange Commission but has not yet become effective.
Debentures holders' opportunity to surrender Debentures for purchase will commence on June 16, 2006, and will terminate at 5:00 p.
The transaction provides for the issuance of a first tranche of five $100,000 debentures and a second tranche of five $100,000 debentures.
In addition, BFL provided a standby commitment to Welton to purchase any Debentures not taken up by other shareholders.