Authorized Amount Sample Clauses
Authorized Amount. There are hereby authorized 25,000,000 shares of Series A Preferred Stock, subject to this Description. The Series A Preferred shall have a $0.0001 par value per share and a $10.00 liquidation or stated value per share (the “Stated Value”).
Authorized Amount. There are hereby authorized 200,000,000 shares of Series B Common Stock, subject to this Description. The authorized shares of Class B Common Shares shall not be increased unless the holders of Eighty-Five Percent (85%) of the issued and outstanding shares of Class B Common Shares vote in favor of increasing the number of authorized Class B Common Shares.
Authorized Amount. Subject to the provisions set forth below, the aggregate principal amount of Class A Notes that may be authenticated and delivered under this Indenture is limited to U.S.$1,778,056,112.34, except for (i) Class A Notes issued under the Note Purchase Agreement and Section 2.4(a) to pay a Buyer True-up Payment Amount under the Master Purchase Agreement, and (ii) Class A Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Class A Notes pursuant to this Indenture. Other than as expressly provided in Section 2.4, no Class A Notes may be issued after the Closing Date.
Authorized Amount. Class A Notes and Class B Notes Issuable in Series; Note Interest Rate; Stated Maturity; Denominations.
(a) The outstanding aggregate principal amount of each Class of Notes that is authenticated and delivered under this Indenture at any time may not exceed the amounts set forth below (excluding Notes issued upon registration of, transfer of, or in exchange for, or in lieu of, other Notes pursuant to Section 2.4, 2.5, 8.6 or 9.1) and shall have the Stated Maturities set forth below: Principal Stated Designation Amount Maturity ----------- ------ -------- Class A Notes Up to the Maximum [___] 2018 Class A Principal Amount Class B Notes $[700,000,000] [___] 2018 Class C Notes Up to $125,000,000 [___] 2018
(b) The Class A Notes and Class B Notes may be issued in one or more Series in accordance with Section 2.9. The Notes of each Class represent the right to receive, to the extent necessary to make the required payments with respect to the Notes of such Class at the times and in the amounts specified in the Priority of Payments and the Priority of Acceleration Payments, and in this Indenture or any related Supplemental Indenture (as the case may be), the portion of the Collateral Proceeds allocable to Holders of such Class pursuant to the Security Agreement, the Intercreditor Agreement and this Indenture or such Supplemental Indenture (as the case may be).
(c) Interest on (i) the initial Series of Class A Notes issued under this Indenture shall accrue at [__]% per annum, (ii) each Series of Class A Notes issued subsequent to the initial series thereof shall accrue at the respective Note Interest Rate specified in the Supplemental Indenture relating to such Series, (iii) the initial Series of Class B Notes issued under this Indenture shall accrue at ___% per annum, (iv) each Series of Class B Notes issued in connection with a Class B Refinancing shall accrue at the rate specified in the Supplemental Indenture relating thereto and (v) the Class C Notes shall accrue at the Class C Note Interest
Authorized Amount. For any extension of credit under the Revolving Credit Facility, the Total Revolving Extensions of Credit will not exceed the Authorized Amount as of such date after giving effect to the extensions of credit requested to be made on such date. Each borrowing (other than pursuant to Section 3.05 or a continuation or conversion of a Loan in accordance with the terms of this Agreement) by and issuance of a Letter of Credit on behalf of any Borrower hereunder shall constitute a representation and warranty by the Company as of the date of such extension of credit that the conditions contained in paragraphs (a), (b) and (d) of this Section 5.02 have been satisfied.
Authorized Amount. Subsection (a) of Section 4.02 of the Indenture Supplement is hereby amended to add the following sentence at the end thereof: The outstanding principal amount of the Notes as of October 31, 2007 and the Class Facility Limit for each Class shall be as provided in Schedule 1 to this Supplement and the outstanding principal amount of the respective Notes shall be increased from time to time as provided in Section 4.07 of this Supplement and reduced as principal payments are made on such Notes from time to time.
