Debenture Short Form Template

This debenture short form template has 3 pages and is a MS Word file type listed under our finance & accounting documents.

Sample of our debenture short form template:

DEBENTURE This Debenture Agreement (the "Agreement") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the "Company"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [COMPANY NAME] (the "Debenture Holder"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] No. [NUMBER] [AMOUNT] [YOUR COMPANY NAME] (hereinafter called the "Company"), for value received, promises to pay upon presentation of this Debenture to [COMPANY NAME], a [COUNTRY] corporation, or its registered assigns, at the registered office of the Company on demand, the principal sum of [AMOUNT] in lawful money of [COUNTRY] and to pay interest thereon on demand from the date of this Debenture, both before and after default, in like money, at the rate of [%] per annum, calculated [PERIOD] and not in advance, with interest on all overdue interest, calculated daily at the same rate, from the date that the interest becomes due to the actual date of payment.