Key description
- A debenture trust deed is an instrument that a company executes in favour of a debenture trustee, thereby appointing them and defining their role and duties to protect the interest of debenture holders before debentures are offered for public subscription.
Language
Categories
Industries
Covered clausesGeneral
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Definitions
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Currency Conversion
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Issue of Debentures
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Conditions Relating to Debentures
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Payment of Debentures and interest
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Register of Debenture Holders
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Charge
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Specifically Mortgaged Premises
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After-acquired Immoveable Property
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Company’s Covenants
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Prohibition on Encumbrances
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Events in which Security Becomes Enforceable
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Trustee’s Powers of Entry and Sale
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Notice of Intention to Exercise Powers of Entry
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Powers of Trustee in Possession
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Power to appoint Receiver
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Powers etc of Receiver
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Additional Powers where Security in Jeopardy
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Trustee and Receiver not liable as Mortgagee in Possession
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Protection of Third Parties
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Trusts of Proceeds of Realisation
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Trustee’s Power to Accumulate
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Notice Before Payment and Interest on Amount Concerned to Cease On Date Fixed For Payment
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Memorandum of Payment
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Receipts of Holders of Debentures
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Trustee’s Powers of Investment
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Trustee’s Borrowing Powers
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Further Assurances by Company
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Trustee Appointed Company’s Attorney
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Trustee’s Remuneration
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Application to Court
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Trustee’s rights and powers
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Trustee to Assume Performance of Covenants; Discretion as to Enforcement
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Trustee’s Power of Delegation
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Appointment of Agents
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Release of Security on Redemption
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Retirement of Trustee
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New Trustee
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Notices
