Common use of Original Issue of Junior Subordinated Notes Clause in Contracts

Original Issue of Junior Subordinated Notes. Junior Subordinated Notes in the initial aggregate principal amount of up to $150,000,000 may be executed by the Company and delivered to the Trustee for authentication by it, and the Trustee shall thereupon authenticate and deliver said Junior Subordinated Notes to or upon the written order of the Company, signed by any Officer of the Company, without any further corporate action by the Company.

Appears in 3 contracts

Samples: First Supplemental Indenture (Scana Corp), First Supplemental Indenture (Scana Corp), First Supplemental Indenture (Scana Corp)

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Original Issue of Junior Subordinated Notes. 6.1 Original Issue of Junior Subordinated Notes. Junior Subordinated Notes in the initial aggregate principal amount of up to $150,000,000 __________ may be executed by the Company and delivered to the Trustee for authentication by it, and the Trustee shall thereupon authenticate and deliver said Junior Subordinated Notes to or upon the written order of the Company, signed by any Officer of the Company, without any further corporate action by the Company.

Appears in 1 contract

Samples: Scana Corp

Original Issue of Junior Subordinated Notes. Junior Subordinated Notes in the initial aggregate principal amount of up to $150,000,000 800,000,000 may be executed by an Officer of the Company and delivered to the Series Trustee for authentication by it, and the Series Trustee shall thereupon authenticate and deliver said Junior Subordinated Notes to or upon the written order of the Company, signed by any Officer Company in accordance with the terms of the CompanyBase Indenture. For the avoidance of doubt, without any further no corporate action by seal or attestation shall be required for the Company.’s due execution of the Junior Subordinated Notes. ARTICLES VII

Appears in 1 contract

Samples: Tenth Supplemental Indenture (Dominion Resources Inc /Va/)

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Original Issue of Junior Subordinated Notes. Junior Subordinated Notes in the initial aggregate principal amount of up to $150,000,000 685,000,000 may be executed by an Officer of the Company and delivered to the Series Trustee for authentication by it, and the Series Trustee shall thereupon authenticate and deliver said Junior Subordinated Notes to or upon the written order of the Company, signed by any Officer Company in accordance with the terms of the CompanyBase Indenture. For the avoidance of doubt, without any further no corporate action by seal or attestation shall be required for the Company.’s due execution of the Junior Subordinated Notes. ARTICLES VII

Appears in 1 contract

Samples: Seventh Supplemental Indenture (Dominion Resources Inc /Va/)

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