Amendments to the Convertible Debentures Sample Clauses

The "Amendments to the Convertible Debentures" clause defines the process and requirements for making changes to the terms of the convertible debentures issued under an agreement. Typically, this clause outlines who must consent to any modifications—such as the issuer, a majority of debenture holders, or sometimes all holders—and may specify the types of changes that are permitted or restricted, such as adjustments to interest rates, maturity dates, or conversion features. Its core practical function is to ensure that any alterations to the debenture terms are made transparently and with appropriate stakeholder approval, thereby protecting the interests of both the issuer and the debenture holders and preventing unilateral or unauthorized changes.
Amendments to the Convertible Debentures. The parties hereto agree that the Convertible Debentures are amended as set out below without the need to issue amended and restated certificates of such Convertible Debentures.
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Amendments to the Convertible Debentures. In consideration of the mutual promises set forth herein, the parties hereto agree as follows:
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Amendments to the Convertible Debentures. The parties hereto agree that the Third Convertible Debenture and the Subsequent Convertible Debentures shall be amended as set out below without the need to issue amended and restated certificates of such convertible debentures.
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Amendments to the Convertible Debentures. Subject to the satisfaction of the conditions precedent specified in Article 3 and in reliance upon the representations and warranties set forth herein, the Convertible Debentures are hereby amended as follows: (a) Section 1(a) of each of the (i) First Convertible Debenture and (ii) Second Convertible Debenture is hereby amended and restated in its entirety as follows:
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Amendments to the Convertible Debentures. The Convertible Debentures are hereby amended as follows: (a) Section 1(c) of each of the Convertible Debentures is hereby amended and restated in its entirety as follows:
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Amendments to the Convertible Debentures 
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Related to Amendments to the Convertible Debentures

  • Purchase of Convertible Debentures Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at Closing (as defined herein below) and the Company agrees to sell and issue to each Buyer, severally and not jointly, at Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to "▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ LLP, as Escrow Agent for ▇▇▇▇▇▇▇ ▇▇▇, Inc./▇▇▇▇▇▇▇ Capital Partners, LP", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

  • Purchase and Sale of Convertible Debentures 5 2.1 Purchase and Sale; Purchase Price.....................................................5 2.2 Execution and Delivery of Documents; the Closing......................................5 2.3 The Post-Closing......................................................................6