The Series A Notes Sample Clauses
The "Series A Notes" clause defines the specific terms and characteristics of the Series A Notes being issued under the agreement. It typically outlines details such as the principal amount, interest rate, maturity date, and any conversion or repayment features associated with these notes. For example, it may specify that the Series A Notes are convertible into equity under certain conditions or that they have priority over other forms of debt. The core function of this clause is to clearly establish the rights and obligations of both the issuer and the noteholders regarding the Series A Notes, thereby ensuring transparency and reducing the risk of future disputes.
The Series A Notes. (a) The Company has authorized the issuance of $150,000,000 in aggregate principal amount of its Series A Notes due on the later of October 15, 2000 and the date which is 90 days after the original maturity date under the Senior Loan Agreement, which shall be in the form of Exhibit A-1 hereto and shall have the terms as herein and therein provided.
The Series A Notes. The Series A Notes have been duly authorized and, on the Closing Date, will have been validly executed and delivered by each Issuer. When the Series A Notes have been issued, executed and authenticated in accordance with the provisions of the Indenture and delivered to and paid for by the Initial Purchaser in accordance with the terms of this Agreement, the Series A Notes will be entitled to the benefits of the Indenture and will be valid and binding obligations of each Issuer, enforceable in accordance with their terms except as the enforceability thereof may be limited by (i) bankruptcy, insolvency or similar laws affecting creditors' rights generally and (ii) equitable principles of general applicability. On the Closing Date, the Series A Notes will conform as to legal matters to the description thereof contained in the Offering Circular.
The Series A Notes. The Existing Series A Notes shall be deemed to be, automatically and without any further action, amended and restated in their entirety as set forth on Exhibit 1A; except that the date, registration number and principal amount set forth in each Existing Series A Note shall remain the same.
The Series A Notes. SECTION 2.01. AUTHORIZATION OF SERIES A NOTES; FORM OF SERIES A NOTES; DETAILS OF SERIES A NOTES.
The Series A Notes. On each date a Series A Advance is funded under the Series A Notes pursuant to this Agreement, and on each date the Series A Note Balance is reduced, each Funding Agent shall make appropriate notations in its books and records of the amount of the Series A Note Balance funded by its Purchaser Group and the amount of such reduction, as applicable. The Issuer hereby authorizes each Funding Agent to make such notations on the books and records as aforesaid and every such notation made in accordance with the foregoing authority shall be prima facie evidence of the accuracy of the information so recorded and shall be binding on the Issuer absent manifest error; provided, however, that in the event of a discrepancy between the books and records of such Funding Agent and the records maintained by the Indenture Trustee pursuant to the Indenture, such discrepancy shall be resolved by such Funding Agent and the Indenture Trustee.
The Series A Notes