Aggregate Principal Amount of Notes Clause Samples
The "Aggregate Principal Amount of Notes" clause defines the total face value of all notes issued under a particular agreement or offering. This clause specifies the maximum sum that can be outstanding at any one time, often setting a cap on the total debt the issuer can incur through these notes. For example, if a company issues multiple tranches of notes, the aggregate principal amount ensures the combined value does not exceed a predetermined limit. Its core function is to provide clarity and control over the issuer’s total borrowing, thereby protecting both the issuer and investors from excessive indebtedness.
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Aggregate Principal Amount of Notes. There are initially to be authenticated and delivered (i) $500,000,000 principal amount of the 2021 Notes, (ii) $750,000,000 principal amount of the 2024 Notes and (iii) $1,250,000,000 principal amount of the 2028 Notes. Such principal amount of the Notes of each series may be increased from time to time pursuant to Section 2.2 of the Original Indenture. All Notes of each series need not be issued at the same time and any such series may be reopened at any time, without the consent of any Holder, for issuances of additional Notes of such series. Any such additional Notes of a particular series will have the same ranking, interest rate, maturity date, redemption rights and other terms as the Notes of such series initially issued. Any such additional Notes of a particular series, together with the Notes of such series initially issued, will constitute a single series of Securities under the Indenture; provided, however, that if such additional Notes of a particular series are not fungible for U.S. federal income tax purposes with the originally issued Notes of such series, such additional Notes shall be issued under a separate CUSIP number. Nothing contained in this Section 2.02 or elsewhere in this Supplemental Indenture, or in the Notes, is intended to or shall limit execution by the Company or the Guarantors or authentication or delivery by the Trustee of Notes under the circumstances contemplated by Sections 2.7, 2.8, 2.11 and 9.6 of the Original Indenture. The Notes shall be issued in registered form without coupons. The 2021 Notes, 2024 Notes and 2028 Notes shall be in substantially the form of Exhibit A, Exhibit B and Exhibit C, respectively, hereto. The form of the Trustee’s certificate of authentication for the Notes shall be in substantially the form set forth in the form of Note for each series attached hereto. Each Note shall be dated the date of authentication thereof. The entire initially issued principal amount of the Notes of each series shall initially be evidenced by one or more Global Securities registered in the name of the Depositary. The Notes shall not be issuable in definitive form except under limited circumstances specified in Section 2.14 of the Original Indenture.
Aggregate Principal Amount of Notes. The aggregate principal amount of Notes that may be authenticated and delivered is $615,000,000, including the $500,000,000 previously issued pursuant to the Second Supplemental Indenture. The Company is entitled under Section 2.02(b) of the Base Indenture to further reopen the Series of Notes by offering additional Securities of such Series. Upon receipt of a Company Order for the authentication and delivery of the Notes and satisfaction of the requirements of Section 2.03 of the Base Indenture, the Trustee shall authenticate Notes for original issuance in an aggregate principal amount of $115,000,000.
Aggregate Principal Amount of Notes. The limit upon the aggregate principal amount of the Notes which may be authenticated and delivered under the Indenture (except for Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of other Notes pursuant to Sections 3.4, 3.5, 3.6, 8.6 or 10.7 of the Indenture or Appendix A to this Fourth Supplemental Indenture, and except as provided in the last sentence of Section 3.1(c) of the Indenture) is four hundred and fifty million Dollars ($450,000,000). The limit upon the aggregate principal amount of the Notes may be increased by the Company without the consent of the holders of any outstanding Notes.
Aggregate Principal Amount of Notes. This Note is one of a duly authorized issue of Notes of the Company known as its 5% Subordinated Notes due [anniversary date of closing], 1999, limited to the aggregate principal amount of Fifteen Million and No/100 Dollars ($15,000,000.00). As used herein, the term "Notes" refers to all of such issue of Notes.
Aggregate Principal Amount of Notes. 9 Section 2.03. Payment of Principal and Interest on the Notes. 9 Section 2.04. Denominations. 10 Section 2.05. Authentication. 10
Aggregate Principal Amount of Notes. NOTE PURCHASER TO BE PURCHASED DENOMINATION(S) AMERICAN UNITED LIFE U.S.$5,000,000 U.S.$5,000,000 INSURANCE COMPANY
Aggregate Principal Amount of Notes. There are initially to be authenticated and delivered $500,000,000 principal amount of the Notes. Such principal amount of the Notes may be increased from time to time pursuant to Section 2.2 of the Original Indenture. All Notes of this series need not be issued at the same time and such series may be reopened at any time, without the consent of any Holder, for issuances of additional Notes of such series. Any such additional Notes will have the same ranking, interest rate, maturity date, redemption rights and other terms as the Notes initially issued, other than the issue date, the issue price and, if applicable, the first interest payment date and the first date from which interest will accrue. Any such additional Notes, together with the Notes initially issued, will constitute a single series of Securities under the Indenture; provided, however, that if such additional Notes are not fungible for U.S. federal income tax purposes with the originally issued Notes, such additional Notes shall be issued under a separate CUSIP number. Nothing contained in this Section 2.02 or elsewhere in this Supplemental Indenture, or in the Notes, is intended to or shall limit execution by the Company or the Guarantors or authentication or delivery by the Series Trustee of Notes under the circumstances contemplated by Sections 2.7, 2.8, 2.11 and 9.6 of the Original Indenture. The Notes shall be issued in registered form without coupons. The Notes shall be in substantially the form of Exhibit A hereto. The form of the Series Trustee’s certificate of authentication for the Notes shall be in substantially the form set forth in the form of Note attached hereto. Each Note shall be dated the date of authentication thereof. The entire initially issued principal amount of the Notes shall initially be evidenced by one or more Global Securities registered in the name of the Depositary. The Notes shall not be issuable in definitive form except under limited circumstances specified in Section 2.14 of the Original Indenture.
Aggregate Principal Amount of Notes. The aggregate principal amount of Notes that may be authenticated and delivered is $380,000,000. The Company is entitled under Section 2.02(b) of the Base Indenture to reopen the Series of Notes by offering additional Securities of such Series. Upon receipt of a Company Order for the authentication and delivery of the Notes and satisfaction of the requirements of Section 2.03 of the Base Indenture, the Trustee shall authenticate Notes for original issuance in an aggregate principal amount of $380,000,000.
Aggregate Principal Amount of Notes. There are initially to be authenticated and delivered €300,000,000 principal amount of the Notes. Such principal amount of the Notes may be increased from time to time pursuant to Section 3.1