Issue of Debentures. Debentures in the aggregate principal amount of not more than Cdn. $10,000,000 may be executed by the Corporation and, forthwith after such execution, shall be delivered to the Trustee and shall be certified by the Trustee and delivered to or to the order of the Corporation pursuant to a Written Direction of the Corporation.
Appears in 2 contracts
Sources: Trust Indenture (Surge Global Energy, Inc.), Trust Indenture (Surge Global Energy, Inc.)