Common use of Authorized Denominations Clause in Contracts

Authorized Denominations. The Series {__} Storm Recovery Bonds shall be issuable in denominations of {$2,000 and integral multiples of $1,000 in excess thereof, except for one bond, which may be a smaller denomination} (the “Authorized Denominations”).

Appears in 6 contracts

Samples: Indenture (Duke Energy Progress NC Storm Funding LLC), Indenture (Duke Energy Progress NC Storm Funding LLC), Indenture (Duke Energy Progress NC Storm Funding LLC)

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Authorized Denominations. The Series {__} 2022-A Storm Recovery Bonds shall be issuable in denominations of {$2,000 and integral multiples of $1,000 in excess thereof, except for one bond, which may be a smaller denomination} denomination (the “Authorized Denominations”).

Appears in 5 contracts

Samples: Indenture (Cleco Power LLC), Indenture (Cleco Power LLC), Indenture (Cleco Power LLC)

Authorized Denominations. The Series {__} A Storm Recovery Bonds shall be issuable in denominations of {$2,000 and integral multiples of $1,000 in excess thereof, except for one bond, which may be a smaller denomination} denomination (the “Authorized Denominations”).

Appears in 4 contracts

Samples: Series Supplement (Duke Energy Carolinas NC Storm Funding LLC), Series Supplement (Duke Energy Carolinas NC Storm Funding LLC), Series Supplement (Duke Energy Progress NC Storm Funding LLC)

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Authorized Denominations. The Series {__} A Storm Recovery Bonds shall be issuable in denominations of {$2,000 and integral multiples of $1,000 in excess thereof, except for one bond, which may be a smaller denomination} (the “Authorized Denominations”).

Appears in 4 contracts

Samples: Indenture (Duke Energy Progress SC Storm Funding LLC), Series Supplement (Duke Energy Progress SC Storm Funding LLC), Indenture (Duke Energy Progress SC Storm Funding LLC)

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