Series Notes Clause Samples
The 'Series Notes' clause defines the specific terms and characteristics of a particular series of securities or financial instruments being issued. It typically outlines details such as the series designation, interest rate, maturity date, and any unique rights or restrictions associated with that series. By clearly distinguishing the features of each series, this clause ensures that investors and parties understand the precise obligations and entitlements attached to their holdings, thereby preventing confusion and disputes regarding the terms of the securities.
Series Notes. There shall have been executed and delivered to Agent Series Notes in favor of the Lenders in an amount equal to each Lender’s Ratable Share of such Advance;
Series Notes. SECTION 2.01 CESSATION OF APPLICABILITY OF SECTION 4.10
Series Notes. Until the 10.30% Series Notes shall have been paid in full, the Company shall apply to the prepayment of the 10.30% Series Notes, without premium, as set forth on Schedule 4A(3) attached hereto, the sum of (i) $200,000 on July 2 in each of the years 1997 through 1998, inclusive, (ii) $400,000 on July 2 in each of the years 1999 to 2000, inclusive, (iii) $600,000 on July 2 in each of the years 2001 to 2002, inclusive, (iv) $800,000 on July 2 in each of the years 2003 to 2005, inclusive, and (v) $1,000,000 on July 2 in each of the years 2006 to 2008, inclusive, and such principal amount of the 10.30% Series Notes, together with interest thereon to the payment dates, shall become due on such prepayment dates. Any prepayment of the 10.30% Series Notes made by the Company pursuant to any other provision of this paragraph 4 shall not reduce or otherwise affect its obligation to make any prepayment required by this paragraph 4A(3). The remaining $1,800,000 principal amount of the 10.30% Series Notes, together with interest accrued thereon, shall become due on July 2, 2009.
Series Notes. The Company agrees to notify each Agent of sales by the Company of its Series _____ Notes.
Series Notes. Until the 10.35% Series Notes shall have been paid in full, the Company shall apply to the prepayment of the 10.35% Series Notes, without premium, as set forth on Schedule 4A(5) attached hereto, the sum of (i) $600,000 on July 2 in each of the years 1997 through 2001, inclusive, and (ii) $800,000 on July 2 in each of the years 2002 to 2006, inclusive, and such principal amounts of the 10.35% Series Notes, together with interest thereon to the prepayment dates, shall become due on such prepayment dates. Any prepayment of the 10.35% Series Notes made by the Company pursuant to any other provision of this paragraph 4 shall not reduce or otherwise affect its obligation to make any prepayment required by this paragraph 4A(5). The remaining $1,000,000 principal amount of the 10.35% Series Notes, together with interest accrued thereon, shall become due on July 2, 2007.
Series Notes. (a) Pursuant to the Indenture, the Issuer shall issue, and the Purchasers shall purchase, on [ ] (the “Closing Date”) (i) a new Series of Class A Notes designated as the Series [ ] Class A Notes (the “Series [ ] Class A Notes”) [and/or] (ii) a new Series of Class B Notes designated as the Series [ ] Class B Notes (the “Series [ ] Class B Notes” and, together with the Series [ ] Class A Notes, the “Series [ ] Notes”).
(b) The parties are entering into this NPA Supplement pursuant to the Note Purchase Agreement to confirm their understanding of the terms of the Series [ ] Notes. Except to the extent modified by this NPA Supplement, all terms and conditions of the Note Purchase Agreement are hereby ratified, confirmed and incorporated herein. [Each Purchaser not originally a party to the Note Purchase Agreement hereby (i) represents that it is familiar with the terms and conditions contained in the Note Purchase Agreement, (ii) represents that it is in compliance with such terms and conditions as of the date hereof, and (iii) covenants that it shall comply with, adhere to, assume all of the obligations imposed upon it as the Purchaser under and otherwise be bound by the terms and conditions of the Note Purchase Agreement.]
(c) Upon satisfaction of the conditions precedent set forth in the Indenture and the Note Purchase Agreement, the Issuer shall sell and the Purchasers shall severally purchase the Series [ ] Notes in the principal amounts of each Class as set forth beside its respective name in Annex A hereto. The purchased Series [ ] Notes shall be registered in the names and denominations set forth in Annex A hereto.
(d) Immediately after giving effect to the issuance of the Series [ ] Notes on the Closing Date, the Outstanding Note Balance for (i) all Class A Notes of all Series is $[ ] and (ii) all Class B Notes of all Series is $[ ].
(e) The Aggregate Discounted Solar Asset Balance of the Conveyed Property contributed to the Issuer on the related Cut-Off Date is $[ ].
Series Notes