Common use of Original Issue of Convertible Debentures Clause in Contracts

Original Issue of Convertible Debentures. Convertible ---------------------------------------- Debentures in the aggregate principal amount of up to $__________ may, upon or following execution of this Supplemental Indenture, be executed by the Company and delivered to the Trustee for authentication, and the Trustee shall thereupon authenticate and make available for delivery said Convertible Debentures to or upon the written order of the Company, signed by its Chairman, its Vice Chairman, its President, or any Vice President and its Treasurer or an Assistant Treasurer, without any further action by the Company.

Appears in 2 contracts

Samples: Rights Agreement (Usx Corp), Rights Agreement (Usx Capital Trust I)

AutoNDA by SimpleDocs

Original Issue of Convertible Debentures. Convertible ---------------------------------------- Debentures in the aggregate principal amount of up to $___________ may, upon or following execution of this First Supplemental Indenture, be executed by the Company and delivered to the Trustee for authentication, and the Trustee shall thereupon authenticate and make available for delivery deliver said Convertible Debentures to or upon the written order of the Company, signed by its Chairman, its Vice Chairman, its President, or any Vice President and its Treasurer or an Assistant Treasurer, without any further action by the Company.

Appears in 1 contract

Samples: Kmart Corp

AutoNDA by SimpleDocs

Original Issue of Convertible Debentures. Convertible ---------------------------------------- Debentures in the aggregate principal amount of up to $__________ $ may, upon or ---------- following execution of this Supplemental Indenture, be executed by the Company and delivered to the Trustee for authentication, and the Trustee shall thereupon authenticate and make available for delivery said Convertible Debentures to or upon the written order of the Company, signed by its Chairman, its Vice Chairman, its President, or any Vice President and its Treasurer or an Assistant Treasurer, without any further action by the Company.

Appears in 1 contract

Samples: Rights Agreement (Usx Capital Trust I)

Time is Money Join Law Insider Premium to draft better contracts faster.