Common use of Limitation of Aggregate Principal Amount Clause in Contracts

Limitation of Aggregate Principal Amount. The aggregate principal amount of the Floating Rate Notes shall initially be limited to US$500,000,000. The Company may from time to time, without the consent of the Holders of the Floating Rate Notes, create and issue additional notes having the same terms and conditions as the Floating Rate Notes in all respects or in all respects except for issue date, issue price and, if applicable, the first date on which interest accrues and the first payment of interest thereon (“Additional Floating Rate Notes”). Additional Floating Rate Notes issued in this manner will be consolidated with, and will form a single series with, the Floating Rate Notes, unless such Additional Floating Rate Notes will not be treated as fungible with the Floating Rate Notes for U.S. federal income tax purposes. The Floating Rate Notes and any such Additional Floating Rate Notes would rank equally and ratably.

Appears in 3 contracts

Samples: Twentieth Supplemental Indenture (Westpac Banking Corp), Indenture (Westpac Banking Corp), Westpac Banking Corp

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Limitation of Aggregate Principal Amount. The aggregate principal amount of the Floating Rate Notes shall initially be limited to US$500,000,000600,000,000. The Company may from time to time, without the consent of the Holders of the Floating Rate Notes, create and issue additional notes having the same terms and conditions as the Floating Rate Notes in all respects or in all respects except for issue date, issue price and, if applicable, the first date on which interest accrues and the first payment of interest thereon (“Additional Floating Rate Notes”). Additional Floating Rate Notes issued in this manner will be consolidated with, and will form a single series with, the Floating Rate Notes, unless such Additional Floating Rate Notes will not be treated as fungible with the Floating Rate Notes for U.S. federal income tax purposes. The Floating Rate Notes and any such Additional Floating Rate Notes would rank equally and ratably.

Appears in 2 contracts

Samples: Supplemental Indenture (Westpac Banking Corp), Nineteenth Supplemental Indenture (Westpac Banking Corp)

Limitation of Aggregate Principal Amount. The aggregate principal amount of the Floating Rate Notes shall initially be limited to US$500,000,000750,000,000. The Company may from time to time, without the consent of the Holders of the Floating Rate Notes, create and issue additional notes having the same terms and conditions as the Floating Rate Notes in all respects or in all respects except for issue date, issue price and, if applicable, the first date on which interest accrues and the first payment of interest thereon (“Additional Floating Rate Notes”). Additional Floating Rate Notes issued in this manner will be consolidated with, and will form a single series with, the Floating Rate Notes, unless such Additional Floating Rate Notes will not be treated as fungible with the Floating Rate Notes for U.S. federal income tax purposes. The Floating Rate Notes and any such Additional Floating Rate Notes would rank equally and ratably.

Appears in 1 contract

Samples: Twenty Eighth Supplemental Indenture (Westpac Banking Corp)

Limitation of Aggregate Principal Amount. The aggregate principal amount of the Floating Rate Notes shall initially be limited to US$500,000,0001,250,000,000. The Company may from time to time, without the consent of the Holders of the Floating Rate Notes, create and issue additional notes having the same terms and conditions as the Floating Rate Notes in all respects or in all respects except for issue date, issue price and, if applicable, the first date on which interest accrues and the first payment of interest thereon (“Additional Floating Rate Notes”). Additional Floating Rate Notes issued in this manner will be consolidated with, and will form a single series with, the Floating Rate Notes, unless such Additional Floating Rate Notes will not be treated as fungible with the Floating Rate Notes for U.S. federal income tax purposes. The Floating Rate Notes and any such Additional Floating Rate Notes would rank equally and ratably.

Appears in 1 contract

Samples: Eleventh Supplemental Indenture (Westpac Banking Corp)

Limitation of Aggregate Principal Amount. The aggregate principal amount of the Floating Rate Notes shall initially be limited to US$500,000,000300,000,000. The Company may from time to time, without the consent of the Holders of the Floating Rate Notes, create and issue additional notes having the same terms and conditions as the Floating Rate Notes in all respects or in all respects except for issue date, issue price and, if applicable, the first date on which interest accrues and the first payment of interest thereon (“Additional Floating Rate Notes”). Additional Floating Rate Notes issued in this manner will be consolidated with, and will form a single series with, the Floating Rate Notes, unless such Additional Floating Rate Notes will not be treated as fungible with the Floating Rate Notes for U.S. federal income tax purposes. The Floating Rate Notes and any such Additional Floating Rate Notes would rank equally and ratably.

Appears in 1 contract

Samples: Westpac Banking Corp

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Limitation of Aggregate Principal Amount. The aggregate principal amount of the Floating Rate Notes shall initially be limited to US$500,000,000250,000,000. The Company may from time to time, without the consent of the Holders of the 2021 Floating Rate Notes, create and issue additional notes having the same terms and conditions as the 2021 Floating Rate Notes in all respects or in all respects except for issue date, issue price and, if applicable, the first date on which interest accrues and the first payment of interest thereon (“Additional 2021 Floating Rate Notes”). Additional 2021 Floating Rate Notes issued in this manner will be consolidated with, and will form a single series with, the 2021 Floating Rate Notes, unless such Additional 2021 Floating Rate Notes will not be treated as fungible with the 2021 Floating Rate Notes for U.S. federal income tax purposes. The 2021 Floating Rate Notes and any such Additional 2021 Floating Rate Notes would rank equally and ratably.

Appears in 1 contract

Samples: Fifteenth Supplemental Indenture (Westpac Banking Corp)

Limitation of Aggregate Principal Amount. The aggregate principal amount of the Floating Rate Notes shall initially be limited to US$500,000,000650,000,000. The Company may from time to time, without the consent of the Holders of the Floating Rate Notes, create and issue additional notes having the same terms and conditions as the Floating Rate Notes in all respects or in all respects except for issue date, issue price and, if applicable, the first date on which interest accrues and the first payment of interest thereon (“Additional Floating Rate Notes”). Additional Floating Rate Notes issued in this manner will be consolidated with, and will form a single series with, the Floating Rate Notes, unless such Additional Floating Rate Notes will not be treated as fungible with the Floating Rate Notes for U.S. federal income tax purposes. The Floating Rate Notes and any such Additional Floating Rate Notes would rank equally and ratably.

Appears in 1 contract

Samples: Twelfth Supplemental Indenture (Westpac Banking Corp)

Limitation of Aggregate Principal Amount. The aggregate principal amount of the Floating Rate Notes shall initially be limited to US$500,000,0001,000,000,000. The Company may from time to time, without the consent of the Holders of the Floating Rate Notes, create and issue additional notes having the same terms and conditions as the Floating Rate Notes in all respects or in all respects except for issue date, issue price and, if applicable, the first date on which interest accrues and the first payment of interest thereon (“Additional Floating Rate Notes”). Additional Floating Rate Notes issued in this manner will be consolidated with, and will form a single series with, the Floating Rate Notes, unless such Additional Floating Rate Notes will not be treated as fungible with the Floating Rate Notes for U.S. federal income tax purposes. The Floating Rate Notes and any such Additional Floating Rate Notes would rank equally and ratably.

Appears in 1 contract

Samples: Fourteenth Supplemental Indenture (Westpac Banking Corp)

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