Common use of Description of Notes to be Initially Issued Clause in Contracts

Description of Notes to be Initially Issued. The Company has authorized the issue and sale of $50,000,000 aggregate principal amount of its Senior Secured Notes due April 1, 2017 (the “Notes”, such term to include any such notes issued in substitution therefor pursuant to Section 13 of this Agreement). The Notes shall be substantially in the form set out in Exhibit 1.1, with such changes therefrom, if any, as may be approved by you and the Company. Certain capitalized terms used in this Agreement are defined in Schedule B; references to a “Schedule” or an “Exhibit” are, unless otherwise specified, to a Schedule or an Exhibit attached to this Agreement.

Description of Notes to be Initially Issued. The Company has authorized the issue and sale of $50,000,000 35,000,000 aggregate principal amount of its 4.00% Senior Secured Notes due April 129, 2017 2020 (the “Notes”, such term to include any such notes issued in substitution therefor pursuant to Section 13 of this Agreement). The Notes shall be substantially in the form set out in Exhibit 1.1, with such changes therefrom, if any, as may be approved by you and the Company. Certain capitalized terms used in this Agreement are defined in Schedule B; references to a “Schedule” or an “Exhibit” are, unless otherwise specified, to a Schedule or an Exhibit attached to this Agreement.