Sentences with phrase «of debentures»

[The] Standing Committee on Regulations and Private Bills [is] to be the Committee to which all private bills, other than Estate bills or bills providing for the consolidation of a floating debt or renewal of debentures, other than local improvement debentures, of a municipal corporation, shall be referred after first reading; and, to be the Committee provided for by section 33 of Part III (Regulations) of the Legislation Act, 2006, and having the terms of reference as set out in that section, namely: to be the Committee to which all regulations stand permanently referred; and to examine the regulations with particular reference to the scope and method of the exercise of delegated legislative power without reference to the merits of the policy or objectives to be effected by the regulations or enabling statutes, but in so doing regard shall be had to the following guidelines:
Genworth MI Canada Inc. on its C$ 950 - million initial public offering and subsequent public offerings of C$ 425 - million of debentures and substantial issuer bids for an aggregate of C$ 485 - million of common shares
(11) Despite subsection (3) and subsection 242.1 (1), subsections (1) and (2) do not authorize the issuance of debentures for the purpose of repaying, refunding or refinancing any debentures that were issued before the day the Student Achievement and School Board Governance Act, 2009 received Royal Assent.
Assisted in advising on the validity of debentures challenged by creditors in the context of an administration (as a pupil)
Chapter 18, of 1918, The Halifax Disaster Provincial Loan Act was passed which in s. 3 stated «The sum realized from the sale of debentures of Nova Scotia or of Nova Scotia stock issued for the purpose of raising the said sum of one hundred thousand dollars, or any part therof, shall be paid into the Provincial Treasury and shall be paid and applied for purposes in connection with conditions created by the explosion in Halifax Harbour on the 6th day of December, A.D., 1917.»
Most issuers of debentures and unsecured notes are not subject to prudential regulation and do not have a government guarantee.
ASIC will require all businesses to follow this approach to the naming of debentures from 1 July 2011.
For more about the risks of debentures and mortgage funds, see our booklets Investing in unlisted debentures and unsecured notes and Investing in mortgage schemes.
A large number of debentures are offered where the initial term can be extended.
The only difference between the two is that instead of money, your demat account holds all of your securities, which may be in the form of debentures, bonds or even shares of a company.
Sir, i have purchased 76 REC bonds (in the nature of debentures of Rs 10,000 / - each) on 31-12-2015 with interest rate of 6.00 %.
The debentures are also redeemable in whole, and not in part, before March 30, 2018 in case of specified changes in the tax or rating agency treatment of the debentures.
As of March 31, 2016 and December 31, 2015, the aggregate carrying value of the debentures was $ 209,100 net of debt discounts of $ 0.
The total principal amount of the debentures is $ 269,100 and originally matured on March 24, 2016 with a zero percent interest rate.
As of March 31, 2016 and December 31, 2015, the aggregate carrying value of the debentures was $ 4,303 and $ 0, net of debt discounts of $ 30,697 and $ 0, respectively.
Fairfax has agreed to acquire U.S. $ 250 million principal amount of the Debentures.
If an additional U.S. $ 250 million of Debentures is issued and all U.S. $ 1.25 billion of Debentures were converted, the common shares issued upon conversion would represent approximately 19.2 % of the common shares after giving effect to the conversion, based on the number of common shares currently outstanding.
Pursuant to the Transaction agreement, the investors have an option to purchase up to an additional U.S. $ 250 million principal amount of Debentures within 30 days following closing.
Based on the number of common shares currently outstanding, if all of the U.S. $ 1 billion of Debentures were converted, the common shares issued upon conversion would represent approximately 16 % of the common shares outstanding after giving effect to the conversion.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Debentures in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
They claim, among other things, that a 2009 prospectus offering $ 350 million of debentures failed to contain «full, true and plain disclosure of all material facts.»
KnowledgePoint's description of conversion rights was two paragraphs long, including a detailed requirement that investors notify the company of conversion plans in writing, not earlier than November 1, 1988, and not later than six months before final payment of the debentures was due.
After studying this chapter, you will be able to: Explain the basic nature of a joint stock company as a form of business organisation and the various kinds of companies based on liability of their members Describe the types of shares issued by a company Explain the accounting treatment of shares issued at par, at premium and at discount including oversubsription Outline the accounting for forfeiture of shares and reissue of forfeited shares under varying situations Workout the amounts to be transferred to capital reserve when forfeited shares are reissued; and prepare share forfeited account State the meaning of debenture and explain the difference between debentures and shares Describe various types of debentures; Record the journal entries for the issue of debentures at par, at a discount and at premium Explain the concept of debentures issued for consideration other than cash and the accounting thereof Explain the concept of issue of debentures as a collateral security and the accounting thereof Show the items relating to issue of debentures in company's balance sheet Describe the methods of writing - off discount / loss on issue of debentures Explain the methods of redemption of debentures and the accounting thereof Explain the concept of sinking fund, its use for redemption of debentures and the accounting thereof Topic List Features of a Company Kinds of Companies Share Capital of a Company Nature and Classes of Shares Issue of Shares Accounting Treatment Forfeiture of Shares Meaning of Debentures Types of Debentures Issue of Debentures Over Subscription Terms of Issue of Debentures Interest on Debentures Writing - off Discount / Loss on Issue of Debentures Redemption of Debentures Redemption by Payment in Lump Sum Sinking Fund Method
The note rate is the monthly equivalent of the debenture rate and is used to calculate the effective interest rate.
A type of debenture that offers protection to investors during periods of very volatile interest rates.
(10) The rights and duties described in subsection (9) of an old board or the treasurer of an old board are, respectively, the rights and duties of the district school board or treasurer of the district school board that is obliged to make payments in respect of the debenture as a result of a regulation made under clause 58.1 (2)(p) as it read immediately before it was repealed by subsection 8 (4) of the Student Achievement and School Board Governance Act, 2009 or as a result of an order made under such a regulation.

Not exact matches

The SBA describes the program thusly: «Typically, a 504 project includes a loan secured with a senior lien from a private - sector lender covering up to 50 percent of the project cost, a loan secured with a junior lien from the CDC (a 100 percent SBA - guaranteed debenture) covering up to 40 percent of the cost, and a contribution of at least 10 percent equity from the small business being helped.
Excluding, a one - time non-cash debenture charge and restructuring charges, the company reported a profit of 1 cent a share.
«Why would I take an unsecured debenture when I actually own a chunk of a building?»
He had only just learned something was awry when, as an investor in three of Concrete's buildings, he had received proxy forms asking him to sign over his stakes to a company called Strategic Group in return for unsecured debentures, a kind of IOU not backed by real collateral, promising to pay him 6 % a year.
Unlike equity, convertible debentures «would pay an attractive rate of return from the beginning, and they offered our investors the chance to convert to equity, with its upside potential, at a date later in the company's development,» says Troy.
We've had to do the letters of credit and also debentures which is capital markets ready.
A debenture is a claim, lien or charge, on asset or property, usually as a result of a loan.
An agreement allows conversion of assets into cash allows a stockholder to convert investments in stock or debentures into cash.
Convertible Debt - the term convertible debt basically, means securities that can be converted to other specified amounts of another security at the option of the holder and issuer, either single or both... Debentures or corporate bonds are traded for commodities stock within a specific period.
There are two varieties of fixed income security, loan stock, and debenture.
These investments, generally made in the form of a convertible debenture or as an equity investment, will help the companies develop their products or services and attract additional investment.
Early - stage investors tend to use warrants, convertible debentures and common shares for seed or first rounds of investing.
The transaction will be financed through a combination of medium - and long - term borrowings amounting to about C$ 3.4 billion together with C$ 1.4 billion contingent convertible debentures, Hydro One said.
The Debentures have a term of seven years.
Under the terms of the transaction, the Purchasers will subscribe for U.S. $ 1 billion aggregate principal amount of 6 % unsecured subordinated convertible debentures (the «Debentures») convertible into common shares of BlackBerry at a price of U.S. $ 10.00 per common share (the «Transaction»), a 28.7 % premium to the closing price of BlackBerry common shares on Novembedebentures (the «Debentures») convertible into common shares of BlackBerry at a price of U.S. $ 10.00 per common share (the «Transaction»), a 28.7 % premium to the closing price of BlackBerry common shares on NovembeDebentures») convertible into common shares of BlackBerry at a price of U.S. $ 10.00 per common share (the «Transaction»), a 28.7 % premium to the closing price of BlackBerry common shares on November 1, 2013.
The Debentures have not been and will not be registered under the U.S. Securities Act of 1933 (the «U.S. Securities Act»), and may not be offered or sold in the United States or to, or for the account or benefit of U.S. persons (as defined in Regulation S under the U.S. Securities Act), absent registration or an applicable exemption from registration requirements.
2015.04.20 Royal Bank of Canada to redeem subordinated debentures Royal Bank of Canada (RY on TSX and NYSE) today announced its intention to redeem all outstanding 4.35 per cent subordinated debentures due June 15, 2020 (the «4.35 per cent debentures»)...
2016.01.13 Royal Bank of Canada announces NVCC Subordinated Debenture Issue Royal Bank of Canada (RY on TSX and NYSE) today announced an offering of $ 1.5 billion of subordinated debentures (â $ the Notesâ $) through its Canadian Medium Term Note Program...
2014.09.22 Royal Bank of Canada announces subordinated debenture issue Royal Bank of Canada (RY on TSX and NYSE) today announced an offering of $ 1 billion of subordinated debentures -LRB-...
Royal Bank of Canada (RY on TSX and NYSE) today announced an offering of US$ 1.5 billion of subordinated debentures...
Royal Bank of Canada (RY on TSX and NYSE) today announced an offering of $ 1 billion of subordinated debentures -LRB-...
Debt securities include government and corporate bonds, certificates of deposit (CDs), promissory notes, debentures, preferred stock and collateralized securities (such as collateralized debt obligation (CDOs) and collateralized mortgage obligation (CMOs)-RRB-.
It was determined that after the strategic review process and corresponding significant decrease in the share price on the announcement that Fairfax and other institutional investors were investing in the company through a $ 1 billion private placement of convertible debentures, in lieu of purchasing the company, that the carrying value of the company's assets exceeded their fair value based on the impairment testing performed by management.
Royal Bank of Canada (RY on TSX and NYSE) today announced its intention to redeem all outstanding 4.35 per cent subordinated debentures due June 15, 2020 (the «4.35 per cent debentures»)...
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