Common use of Limitation of Aggregate Principal Amount Clause in Contracts

Limitation of Aggregate Principal Amount. The aggregate principal amount of the 2020 Floating Rate Notes shall initially be limited to US$750,000,000. The Company may from time to time, without the consent of the Holders of the 2020 Floating Rate Notes, create and issue additional notes having the same terms and conditions as the 2020 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 2020 Floating Rate Notes”). Additional 2020 Floating Rate Notes issued in this manner will be consolidated with, and will form a single series with, the 2020 Floating Rate Notes, unless such Additional 2020 Floating Rate Notes will not be treated as fungible with the 2020 Floating Rate Notes for U.S. federal income tax purposes. The 2020 Floating Rate Notes and any such Additional 2020 Floating Rate Notes would rank equally and ratably.

Appears in 1 contract

Samples: Twenty Fourth Supplemental Indenture (Westpac Banking Corp)

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Limitation of Aggregate Principal Amount. The aggregate principal amount of the 2020 2019 Floating Rate Notes shall initially be limited to US$750,000,000500,000,000. The Company may from time to time, without the consent of the Holders of the 2020 2019 Floating Rate Notes, create and issue additional notes having the same terms and conditions as the 2020 2019 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 2020 2019 Floating Rate Notes”). Additional 2020 2019 Floating Rate Notes issued in this manner will be consolidated with, and will form a single series with, the 2020 2019 Floating Rate Notes, unless such Additional 2020 2019 Floating Rate Notes will not be treated as fungible with the 2020 2019 Floating Rate Notes for U.S. federal income tax purposes. The 2020 2019 Floating Rate Notes and any such Additional 2020 2019 Floating Rate Notes would rank equally and ratably.

Appears in 1 contract

Samples: Sixteenth Supplemental Indenture (Westpac Banking Corp)

Limitation of Aggregate Principal Amount. The aggregate principal amount of the 2020 Floating Rate Notes shall initially be limited to US$750,000,000500,000,000. The Company may from time to time, without the consent of the Holders of the 2020 2021 Floating Rate Notes, create and issue additional notes having the same terms and conditions as the 2020 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 2020 2021 Floating Rate Notes”). Additional 2020 2021 Floating Rate Notes issued in this manner will be consolidated with, and will form a single series with, the 2020 2021 Floating Rate Notes, unless such Additional 2020 2021 Floating Rate Notes will not be treated as fungible with the 2020 2021 Floating Rate Notes for U.S. federal income tax purposes. The 2020 2021 Floating Rate Notes and any such Additional 2020 2021 Floating Rate Notes would rank equally and ratably.

Appears in 1 contract

Samples: Sixteenth Supplemental Indenture (Westpac Banking Corp)

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Limitation of Aggregate Principal Amount. The aggregate principal amount of the 2020 2023 Floating Rate Notes shall initially be limited to US$750,000,000. The Company may from time to time, without the consent of the Holders of the 2020 2023 Floating Rate Notes, create and issue additional notes having the same terms and conditions as the 2020 2023 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 2020 2023 Floating Rate Notes”). Additional 2020 2023 Floating Rate Notes issued in this manner will be consolidated with, and will form a single series with, the 2020 2023 Floating Rate Notes, unless such Additional 2020 2023 Floating Rate Notes will not be treated as fungible with the 2020 2023 Floating Rate Notes for U.S. federal income tax purposes. The 2020 2023 Floating Rate Notes and any such Additional 2020 2023 Floating Rate Notes would rank equally and ratably.

Appears in 1 contract

Samples: Twenty Fourth Supplemental Indenture (Westpac Banking Corp)

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