Common use of Amount of Securities Clause in Contracts

Amount of Securities. Subject to Section 302, the Trustee shall authenticate Initial Securities for original issue on the Issue Date in the aggregate principal amount of $600,000,000 (the “Original Securities”). The Issuer shall be entitled, subject to its compliance with the applicable covenants set forth in this Indenture, including Section 1022 and Section 1023 prior to the Securities Assumption and Section 1010 and Section 1011 upon and after the Securities Assumption, to issue Additional Securities under this Indenture which shall have identical terms as the Original Securities, other than with respect to the date of issuance and issue price (and such changes as are customary to permit escrow arrangements, if any, in connection with the issuance of such Additional Securities). The Original Securities, any Additional Securities and all Exchange Securities or Private Exchange Securities issued in exchange therefor shall be treated as a single class for all purposes under this Indenture. With respect to the Additional Securities, the Issuer shall set forth in a Board Resolution and an Officers’ Certificate, a copy of each which shall be delivered to the Trustee, the following information:

Appears in 1 contract

Sources: Indenture (Level 3 Communications Inc)

Amount of Securities. Subject to Section 302, the Trustee shall authenticate Initial Securities for original issue on the Issue Date in the aggregate principal amount of $600,000,000 915,108,000 (the “Original Securities”). The Issuer shall be entitled, subject to its compliance with the applicable covenants set forth in this Indenture, including Section 1022 and Section 1023 prior to the Securities Assumption and Section 1010 and Section 1011 upon and after the Securities Assumption908, to issue Additional Securities under this Indenture which shall have identical terms as the Original Securities, other than with respect to the date of issuance and issue price (and such changes as are customary to permit escrow arrangements, if any, in connection with the issuance of such Additional Securities); provided that a separate CUSIP or ISIN shall be issued for any Additional Securities if the Additional Securities are not fungible for federal income tax purposes with the Original Securities. The Original Securities, Securities and any Additional Securities and all Exchange Securities or Private Exchange Securities issued in exchange therefor shall be treated as a single class for all purposes under this Indenture. With respect to the Additional Securities, the Issuer shall set forth in a Board Resolution and an Officers’ Certificate, a copy of each of which shall be delivered to the Trustee, the following information:

Appears in 1 contract

Sources: Indenture (Level 3 Parent, LLC)

Amount of Securities. Subject to Section 302, the Trustee shall authenticate Initial Securities for original issue on the Issue Date in the aggregate principal amount of $600,000,000 1,000,000,000 (the “Original Securities”). The Issuer shall be entitled, subject to its compliance with the applicable covenants set forth in this Indenture, including Section 1022 and Section 1023 prior to the Securities Assumption and Section 1010 and Section 1011 upon and after the Securities Assumption, to issue Additional Securities under this Indenture which shall have identical terms as the Original Securities, other than with respect to the date of issuance and issue price (and such changes as are customary to permit escrow arrangements, if any, in connection with the issuance of such Additional Securities). The Original Securities, any Additional Securities and all Exchange Securities or Private Exchange Securities issued in exchange therefor shall be treated as a single class for all purposes under this Indenture. With respect to the Additional Securities, the Issuer shall set forth in a Board Resolution and an Officers’ Certificate, a copy of each which shall be delivered to the Trustee, the following information:

Appears in 1 contract

Sources: Indenture (Level 3 Communications Inc)