Common use of Issue and Designation Clause in Contracts

Issue and Designation. The Debentures shall be designated as the “Senior Subordinated Exchangeable Debentures due November 30, 2022”, and shall be issued in minimum denominations of $1.00 and any integral multiple of $1.00 in excess thereof, for an aggregate initial principal amount of $107.5 million. The Issuer may from time to time after the Issue Date issue PIK Debentures in accordance with Article 5 in an unlimited principal amount. The Debentures originally issued hereunder shall be dated on the Issue Date and any PIK Debentures issued thereafter shall be dated as of the date of their respective issuance. The Debentures shall become due and payable, together with accrued and unpaid interest thereon on the earlier of November 30, 2022 and any Maturity Date.

Issue and Designation. The Debentures shall be designated as the “"Senior Subordinated Exchangeable Debentures due November 30, 2022”", and shall be issued in minimum denominations of $1.00 and any integral multiple of $1.00 in excess thereof, for an aggregate initial principal amount of $107.5 million. The Issuer may from time to time after the Issue Date issue PIK Debentures in accordance with Article 5 in an unlimited principal amount. The Debentures originally issued hereunder shall be dated on the Issue Date and any PIK Debentures issued thereafter shall be dated as of the date of their respective issuance. The Debentures shall become due and payable, together with accrued and unpaid interest thereon on the earlier of November 30, 2022 and any Maturity Date.